Economists in New York
Is New York a good place for you to work as an Economist?
You’re in luck! Jobs for Economists in New York are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Economists in New York is growing faster than average.
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Economists in New York earn higher salaries than the typical U.S. wage earner.
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How Many Economists Work in New York?
There were approximately 750 workers employed as Economists in this state in 2018.
There were 700 Economists employed in this state in 2017.
That’s growth of 50 jobs between 2017 and 2018.
The typical state has 145 Economists working in it, which means New York has more Economists than average.
Job Projections for New York
Jobs for Economists in this state are growing at a rate of 12.1% which is faster than the nationwide estimated projection of 6.1%.
New York Annual Job Openings
The BLS estimates there will be 60 annual job openings, and 740 total jobs in 2026 for Economists in this state.
Nationwide, the prediction is 1,600 annual jobs and 22,600 total jobs in 2026.
What do Economists Make in New York?
In 2018 wages for Economists ranged from $58,750 to $208,000 with $101,740 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $28.24 to $100. The median hourly rate was $48.91.
Workers in this field were paid a median of $49.76 an hour in 2017.
The hourly rate declined by $0.85.
The median salary in New York is higher than the nationwide median salary.
Top New York Metros for Economists
The table below shows some of the metros in this state with the most Economists.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | 690 | $106,490 |
Top States for Economists Employment
View the list below to see 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
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By pixabay under License
More about our data sources and methodologies.
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