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Economists in New Mexico

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Economists in New Mexico

Is New Mexico a good place for you to work as an Economist?

14.3% Jobs Projection
$84,730 Median Salary
10 Job Openings

You’re in luck! Jobs for Economists in New Mexico are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Economists in New Mexico is growing faster than average.

  • Economists in New Mexico earn higher salaries than the typical U.S. wage earner.

How Many Economists Work in New Mexico?

There were 70 Economists employed in this state in 2017.

Job Projections for New Mexico

Jobs for Economists in this state are growing at a rate of 14.3% which is faster than the nationwide estimated projection of 6.1%.

Job Projections for Economists: Nation vs. NM

New Mexico Annual Job Openings

The BLS is projecting 10 annual Economists job openings in New Mexico, and 80 total jobs in the year 2026.

Nationwide, the prediction is 1,600 annual jobs and 22,600 total jobs in 2026.

What do Economists Make in New Mexico?

In 2018 wages for Economists ranged from $59,290 to $140,190 with $84,730 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $28.51 to $67.4. The median hourly rate was $40.74.

Workers in this field were paid a median of $30.64 an hour in 2017.

The hourly rate grew by $10.10.

The median salary in New Mexico is higher than the nationwide median salary.

Economists Earnings: NM vs. National Average

Top States for Economists Employment

The table below shows the states where most Economists work.

State Number Employed Annual Median Salary
District of Columbia 6,380 $122,930
California 1,430 $114,660
Virginia 1,230 $122,230
Massachusetts 1,150 $107,580
Texas 830 $99,740
New York 750 $101,740
Maryland 700 $116,380
Pennsylvania 610 $84,520
Washington 400 $91,940
Illinois 380 $104,230
Georgia 330 $104,200
Minnesota 250 $68,050
Michigan 250 $80,990
Missouri 250 $91,350
Wisconsin 240 $69,060
Florida 240 $90,490
North Carolina 230 $80,400
Colorado 220 $101,670
Oregon 220 $88,330
New Jersey 180 $87,590

Below are the states where Economists get paid the most:

State Annual Median Salary
District of Columbia $122,930
Virginia $122,230
Maryland $116,380
California $114,660
Ohio $108,800
Massachusetts $107,580
Illinois $104,230
Georgia $104,200
New York $101,740
Colorado $101,670

References

More about our data sources and methodologies.

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