Environmental Economists in Kentucky
Thinking about a career as an Environmental Economists in Kentucky? Here’s what the data says. Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods. Excludes “Market Research Analysts and Marketing Specialists” (13-1161).
What do Environmental Economists Make in Kentucky?
The environmental economists working in Kentucky, the typical annual salary is $65,470 per year (or about $31.48/hour).Pay can range from $41,040 at the 10th percentile to $120,640 at the 90th percentile.
| Wage Statistic | Annual | Hourly |
|---|---|---|
| 10th percentile | $41,040 | $19.73 |
| 25th percentile | $51,210 | $24.62 |
| Median (50th) | $65,470 | $31.48 |
| 75th percentile | $78,820 | $37.90 |
| 90th percentile | $120,640 | $58.00 |
The location quotient — a measure of how concentrated this occupation is in Kentucky compared to the national average — is 0.80, indicating fewer environmental economists per worker than the national average.
National Wage Comparison
Nationally, environmental economists earn a median of $86,726 per year ($41.70/hour), below the Kentucky median.
Employment Outlook
National employment for 71,569 environmental economists nationwide. In Kentucky alone, around 160 people work in this role. That trails the typical state, which employs around 210 environmental economists.
Top Kentucky Metros for Environmental Economists
These are the Kentucky metros with the most environmental economists in Kentucky.
| Metro Area | Number Employed | Annual Median Salary |
|---|---|---|
| Louisville/Jefferson County, KY-IN | 30 | $76,250 |
Top States for Environmental Economists Employment
The table below shows the states where the most environmental economists work.
| State | Number Employed |
|---|---|
| District of Columbia | 3,010 |
| California | 1,400 |
| Virginia | 970 |
| Maryland | 920 |
| New York | 870 |
| Massachusetts | 770 |
| Pennsylvania | 710 |
| South Carolina | 660 |
| Texas | 620 |
| Illinois | 590 |
| Washington | 470 |
| Florida | 460 |
| Georgia | 340 |
| Wisconsin | 330 |
| Michigan | 280 |
| Oregon | 270 |
| North Carolina | 250 |
| Colorado | 230 |
| Minnesota | 210 |
| Missouri | 210 |
Highest-Paying States for Environmental Economists
The highest-paying states for environmental economists.
| State | Annual Median Salary |
|---|---|
| District of Columbia | $162,610 |
| Virginia | $148,010 |
| New York | $142,300 |
| Maryland | $137,610 |
| Georgia | $127,220 |
| Ohio | $117,750 |
| Washington | $116,390 |
| Missouri | $115,520 |
| Kansas | $115,100 |
| Pennsylvania | $113,300 |
Skills
Key environmental economists skills, rated on an importance scale of 0 to 5:
Knowledge Areas
Key knowledge areas for this occupation, rated on an importance scale of 0 to 5:
Abilities
The abilities that matter most for environmental economists, rated on an importance scale of 0 to 5:
Daily Tasks
Day-to-day, environmental economists typically:
- Write technical documents or academic articles to communicate study results or economic forecasts.
- Conduct research on economic and environmental topics, such as alternative fuel use, public and private land use, soil conservation, air and water pollution control, and endangered species protection.
- Collect and analyze data to compare the environmental implications of economic policy or practice alternatives.
- Assess the costs and benefits of various activities, policies, or regulations that affect the environment or natural resource stocks.
- Prepare and deliver presentations to communicate economic and environmental study results, to present policy recommendations, or to raise awareness of environmental consequences.
- Develop programs or policy recommendations to achieve environmental goals in cost-effective ways.
- Develop economic models, forecasts, or scenarios to predict future economic and environmental outcomes.
- Demonstrate or promote the economic benefits of sound environmental regulations.
- Conduct research to study the relationships among environmental problems and patterns of economic production and consumption.
- Perform complex, dynamic, and integrated mathematical modeling of ecological, environmental, or economic systems.
- Write social, legal, or economic impact statements to inform decision makers for natural resource policies, standards, or programs.
- Teach courses in environmental economics.
Work Activities
- Analyzing Data or Information
- Getting Information
- Working with Computers
- Processing Information
- Updating and Using Relevant Knowledge
- Interpreting the Meaning of Information for Others
- Making Decisions and Solving Problems
- Thinking Creatively
- Identifying Objects, Actions, and Events
- Communicating with Supervisors, Peers, or Subordinates
- Training and Teaching Others
- Communicating with People Outside the Organization
Tools & Technology
Common tools and software used in this occupation include: Hot technologies: C, C#, C++
What Major Will Prepare You For This Career?
Related college programs include:
- Economics
- Political Science & Government
- Applied Mathematics
- Managerial Economics
- Agricultural Economics
- Philosophy, Politics, and Economics
- Mathematical Economics
- Economics and Computer Science
- Economics and Foreign Language/Literature
- Natural Resource Management
- Pharmacy/Pharmaceutical Sciences
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Related Careers
Related occupations to environmental economists include:
- Sustainability Specialists
- Financial Risk Specialists
- Financial Quantitative Analysts
- Statisticians
- Data Scientists
- Soil and Plant Scientists
Also Known As
Agricultural Economist, Ecological Economist, Energy Economist, Environment and Natural Resources Economics Researcher, Environmental Economist, Environmental Protection Economist, Marine Resource Economist, Natural Resource Economist, Natural Resource Specialist, Research Economist, Resource Economist.
References
- U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics — https://www.bls.gov/oes/
- O*NET Online — https://www.onetonline.org/
- BLS Employment Projections — https://www.bls.gov/emp/
- O*NET-SOC code: 19-3011.01
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