Match
$99k $99k
Avg US Salary
21k 21k
Employment
5.7% 5.7%
Growth
3.3/5 3.3/5
Rating
Ph.D. Doctorate
Education

How much does an Economist make in New Jersey?

Average Economist Hourly Wage in New Jersey

Economists earn a median hourly wage of $43.13. Hourly wages typically start from $24.19 and go up to $59.52.

Average Economist Yearly Salary in New Jersey

Economists earn a median salary of $89,710 per year. Salaries typically start from $50,310 and go up to $123,800.

Learn more about the Economist job market for salaries of real jobs in your area. Alternatively, see what Economists earn in other states.

An economist's salary can become more substantial depending on how many years of experience they have under their belt. Economists in their first five years can expect to earn approximately $63000/yr, but individuals who have been in the workforce for five to 10 years can earn a noticeably bigger sum of $90,000/yr. Six-figure salaries appear after ten to twenty years on the job - reaping approximately $104,000/yr. Individuals who have worked for more than twenty years report bringing in $125,000/yr on average.

Students who earn master's degrees in economics can work as economists, senior data analysts, financial analysts, and research analysts. According to the U.S. Bureau of Labor Statistics (BLS), an economist's mean salary was $109,230 in May 2015. In the same year, economists working for the federal government earned $114,600 on average. Above average economist's salaries are found in San Francisco, Seattle, Washington, Los Angeles, and Atlanta.

How to Become an Economist

Interested in becoming an economist? Here are your next steps.

  1. Take the Sokanu Career Test

    Would you make a good economist? Sokanu's free assessment reveals how compatible you are with a career across 5 dimensions!

    Take the free career test
  2. Get the Education

    • Delaware Technical Community College-Terry | Dover, DE
      Offers: Associates
    • Delaware Technical Community College-Stanton/Wilmington | Wilmington, DE
      Offers: Certificate, Associates
    • Delaware State University | Dover, DE
      Offers: Bachelors
    • University of Delaware | Newark, DE
      Offers: Bachelors
    • Goldey-Beacom College | Wilmington, DE
      Offers: Certificate, Associates, Bachelors
  3. Get Hired

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    View all jobs →

    Would you like to post jobs on this career? Find the best candidates using Sokanu's new psychometric job platform. Visit employers.sokanu.com today.

Economist Earnings by Seniority

Top End Economist Earnings

The highest earning Economists in New Jersey earn:

$59.52
an hour
$123,800
per year
Senior Economist Earnings

Senior Economists in New Jersey earn:

$52.97
an hour
$110,170
per year
Experienced Economist Earnings

Experienced Economists in New Jersey earn:

$43.13
an hour
$89,710
per year
Junior Economist Earnings

Junior Economists in New Jersey earn:

$29.88
an hour
$62,140
per year
Starting Economist Earnings

Starting Economists in New Jersey earn:

$24.19
an hour
$50,310
per year

Approximate values based on highest and lowest earning segments.

Find your perfect career

Would you make a good economist? Sokanu's free assessment reveals how compatible you are with a career across 5 dimensions!

Take the free career test

Economist salary comparison

Economists earn more than 69% percent of Science careers in New Jersey. Economist salaries are in the top 92% of all careers in New Jersey.

Biochemist Salary in New Jersey $111k
Neuropsychologist Salary in New Jersey $103k
Economist Salary $95k
Occupational Health Specialist Salary in New Jersey $80k
Animal Scientist Salary in New Jersey $74k
Food Science Technologist Salary in New Jersey $70k
Anthropologist Salary in New Jersey $56k
Humanitarian Salary in New Jersey $34k

Historical salary for Economists in New Jersey

Source: U.S. Department of Labor Bureau of Labor Statistics

How to Become an Economist

Interested in becoming an economist? Here are your next steps.

  1. Take the Sokanu Career Test

    Would you make a good economist? Sokanu's free assessment reveals how compatible you are with a career across 5 dimensions!

    Take the free career test
  2. Get the Education

    • Delaware Technical Community College-Terry | Dover, DE
      Offers: Associates
    • Delaware Technical Community College-Stanton/Wilmington | Wilmington, DE
      Offers: Certificate, Associates
    • Delaware State University | Dover, DE
      Offers: Bachelors
    • University of Delaware | Newark, DE
      Offers: Bachelors
    • Goldey-Beacom College | Wilmington, DE
      Offers: Certificate, Associates, Bachelors
  3. Get Hired

      Loading jobs...

    View all jobs →

    Would you like to post jobs on this career? Find the best candidates using Sokanu's new psychometric job platform. Visit employers.sokanu.com today.