Economists Salary in New York
Economists in New York earn a median annual wage of $136,660 —9.6% above the national median of $124,720. That ranks NY #7 of 40 covered states and territories for this occupation.
Wage distribution
How earnings are spread across workers in this occupation, from the 10th to the 90th percentile.
Employment is only 0.82× as concentrated as the national average — this occupation is relatively scarce in New York.
Highest-paying states for economists
All 40 states ranked by median annual wage. New York is highlighted.
| # | State | Median annual | Median hourly | Employment | Location quotient |
|---|---|---|---|---|---|
| 1 | District of Columbia | $167,590 | $80.57 | 3,000 | 37.34 |
| 2 | New Jersey | $167,550 | $80.55 | 280 | 0.57 |
| 3 | Delaware | $159,120 | $76.50 | 70 | 1.22 |
| 4 | Maryland | $144,680 | $69.56 | 1,130 | 3.56 |
| 5 | Kansas | $138,790 | $66.72 | 80 | 0.50 |
| 6 | Virginia | $137,590 | $66.15 | 950 | 2.01 |
| 7 | New York | $136,660 | $65.70 | 910 | 0.82 |
| 8 | North Carolina | $136,150 | $65.46 | 290 | 0.52 |
| 9 | Idaho | $131,270 | $63.11 | 130 | 1.31 |
| 10 | Alabama | $129,960 | $62.48 | 40 | 0.15 |
Related occupations in New York
Occupations in the same job family, compared within New York.
| Occupation | New York median | U.S. median |
|---|---|---|
| Medical Scientists, Except Epidemiologists | $87,760 | $103,410 |
| Occupational Health and Safety Specialists | $95,720 | $90,150 |
| Environmental Scientists and Specialists, Including Health | $82,160 | $82,220 |
| Chemists | $90,600 | $91,240 |
| Clinical and Counseling Psychologists | $114,400 | $100,580 |
| Life, Physical, and Social Science Technicians, All Other | $63,810 | $62,280 |
Frequently asked questions
How much do economists make in New York?
The median annual wage for economists in New York is $136,660, or $65.70 per hour. That is 9.6% above the national median of $124,720.
What is the entry-level economists salary in New York?
Workers at the 10th percentile earn $82,130 per year ($39.49/hour). The 25th percentile is $104,420.
How many people work as economists in New York?
About 910 people work in this occupation in New York, or 0.1 per 1,000 jobs statewide.
Is New York a good state for economists?
New York ranks #7 of 40 states by median wage for this occupation. Employment is only 0.82x as concentrated as the national average, so this occupation is relatively scarce in New York.
Which state pays economists the most?
District of Columbia has the highest median wage at $167,590 per year, followed by New Jersey ($167,550) and Delaware ($159,120).