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Economist Phd Salary in the United States

How much does an Economist Phd make in the United States? As of September 01, 2026, the average salary for an Economist Phd in the United States is $124,576 per year, which breaks down to an hourly rate of $60.

However, an Economist Phd's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $141,577
  • Majority Range (25th-75th percentile): $115,204 to $133,475
  • Entry-Level (10th percentile): $106,671
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out Economist Phd Job Openings in the United States

Key Factors That Influence Economist Phd Salaries

An Economist Phd's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Economist Phd Salaries?

Experience is a primary driver of an Economist Phd's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $118,886
  • Early Career (1-2 years): $119,347
  • Mid-Level (2-4 years): $120,421
  • Senior-Level (5-8 years): $121,648
  • Expert (over 8 years): $122,969
Job RoleYears of ExperienceAverage Salary
Entry Level Economist Phd less than 1 year $118,886
Early Career Level Economist Phd 1-2 years $119,347
Mid-Level Level Economist Phd 2-4 years $120,421
Senior-Level Level Economist Phd 5-8 years $121,648
Expert Level Economist Phd over 8 years $122,969

How Do Economist Phd Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Economist Phds. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $137,931.
  • California: $137,407.
  • Massachusetts: $135,576.

Top Paying Cities for Economist Phd

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $157,128
  • San Francisco: $155,407
  • Oakland: $152,132

Economist Phd Salary by Industry: Top Paying Sectors

For Economist Phd roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Edu., Gov't. & Nonprofit sectors offer the strongest compensation, at 20% above the average. In contrast, Economist Phd positions in Business Services or Insurance typically offer lower base pay, as these industries often view Economist Phd as a support function rather than a direct revenue driver.

The top paying industries for an Economist Phd

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services $149,491 $72.0 20%
Edu., Gov't. & Nonprofit $137,034 $66.0 10%

How Education impacts an Economist Phd's Salary?

Your level of education can impact your salary potential. While many Economist Phd professionals enter the field with a Bachelor's degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Economist Phd with a Bachelor's is between $113,730 and $123,320.

Economist Phd Salaries by Degree Level

Typical Education for Economist Phd
Degree Level % of user with this level of education
No Degree 9.8%
High School 9.8%
Associate's Degree 9.8%
Bachelor's Degree 56.1%
Master's Degree or MBA 24.4%
JD, MD, PhD or Equivalent 0%
View as Graph

Economist Phd Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Economist Phd's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Hourly
  • Monthly
  • Weekly
  • Yearly
  • Table View
Last Updated on September 01, 2026
$115,204
Average $124,576/year
$133,475
$9,600
Average $10,381/month
$11,123
$2,215
Average $2,396/week
$2,567
$55
Average $60/hour
$64
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $133,475 $11,123 $2,567 $64
Average $124,576 $10,381 $2,396 $60
25th Percentile $115,204 $9,600 $2,215 $55

Most common benefits for Economist Phd

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Economist Phd

Here are companies hiring for Economist Phd and their salaries, click below for more details.

Find Your Next Economist Phd Job

Ready to take the next step in your career? Browse thousands of current Economist Phd job openings on our job board. Use the search bar below to find your perfect match.

  • Hanley Energy | Ashburn, VA

    Field Service Technician

    Hanley Energy | Ashburn, VA

    This position is eligible for a sign-on bonus. Bonus amount and payment terms will be discussed during the recruitment process and are subject to applicabl... more

    6 Days Ago

  • Hanley Energy | Ashburn, VA

    Mechanical Field Engineer

    Hanley Energy | Ashburn, VA

    This position is eligible for a sign-on bonus. Bonus amount and payment terms will be discussed during the recruitment process and are subject to applicabl... more

    6 Days Ago

  • Hanley Energy | Ashburn, VA

    Field Service Engineer

    Hanley Energy | Ashburn, VA

    This position is eligible for a sign-on bonus. Bonus amount and payment terms will be discussed during the recruitment process and are subject to applicabl... more

    6 Days Ago

  • CyLogic | Ashburn, VA

    SVP Revenue Growth

    CyLogic | Ashburn, VA

    A Leadership Opportunity to Shape the Next Phase of Growth. CyLogic is seeking an experienced revenue leader to oversee Sales and Marketing, strengthen go-... more

    7 Days Ago

  • ProspectBlue | Ashburn, VA

    Staff Accountant

    ProspectBlue | Ashburn, VA

    ProspectBlue is partnering with a well-established and growing organization in Ashburn, VA to identify a Staff Accountant to join its corporate accounting ... more

    7 Days Ago

  • Morcom International, Inc. | Ashburn, VA

    Senior Account

    Morcom International, Inc. | Ashburn, VA

    About the Opportunity. ACG Systems is a mission-critical communications platform. Through Morcom, an ACG Systems company, we design, deploy, and support wi... more

    7 Days Ago

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FAQ about Economist Phd

1. What industry pays the highest salary for Economist Phd?

The Financial Services industry offers the highest average compensation for Economist Phd roles, with salaries approximately 20% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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