Professional Economists Salaries, Locations, and Schools
Employment Overview Nationally, there are 15,000 professional economists. The occupation is characterized by a low joblessness level. The unemployment rate for employees was 4% in 2006. Flexibility If you have this occupation and work on your own rather than for another company, you are part of the 7% of professional economists who do so. Workers working less than full time, whether by design or chance, were 3% of the total. Education Successful employees find it useful to have a master's degree. According to recent surveys, 100% of professional economists had received a degree. Local Outlook Looking at workers per capita, Olympia (Washington), Washington (District of Columbia), and Madison (Wisconsin) rise to the top of the list. Warren (Michigan), Los Angeles (California), and Santa Ana (California) have the fewest per capita. The highest salaries for employees are in and around New York (New York), Los Angeles (California), and Washington (District of Columbia). The lowest-paying areas are Orlando (Florida), Little Rock (Arkansas), and Austin (Texas). Detailed local employment conditions for Professional Economists in metro areas across the US are shown in the table below.
Local Jobs Info for Professional Economists Employment info for Professional Economists, by metropolitan area (for 2006). A Market Strength rating of 1.0 means the city (and surroundings) has an average number of workers in the occupation for to its population. A higher number indicates relatively more workers for the occupation in that location. | State | City and Surroundings | Market Strength | Workers | Median Wage |
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| Arizona | Phoenix | 0.56 | 90 | $76,000 | | Arkansas | Little Rock | 5.11 | 140 | $53,000 | | California | Los Angeles | 0.4 | 140 | $108,000 | | California | Oakland | 0.81 | 70 | $110,000 | | California | Riverside | 0.81 | 90 | $117,000 | | California | Sacramento | 0.92 | 70 | $71,000 | | California | Santa Ana | 0.31 | 40 | $72,000 | | Colorado | Denver | 0.48 | 50 | $85,000 | | Connecticut | Hartford | 2.94 | 140 | $76,000 | | Delaware | Wilmington | 2.58 | 70 | $89,000 | | District of Columbia | Washington | 21.65 | 4,250 | $104,000 | | Florida | Orlando | 0.56 | 50 | $55,000 | | Florida | Tampa | 0.47 | 50 | $160,000 | | Georgia | Atlanta | 0.93 | 190 | $81,000 | | Hawaii | Honolulu | 1.42 | 50 | $70,000 | | Illinois | Chicago | 1.04 | 340 | $90,000 | | Kentucky | Louisville | 0.79 | 40 | $63,000 | | Louisiana | Baton Rouge | 1.35 | 40 | $79,000 | | Maryland | Baltimore | 0.55 | 60 | $96,000 | | Massachusetts | Boston | 4.52 | 650 | $75,000 | | Michigan | Detroit | 0.8 | 50 | $69,000 | | Michigan | Lansing | 2.47 | 40 | $68,000 | | Michigan | Warren | 0.41 | 40 | $87,000 | | Minnesota | Minneapolis | 1.83 | 280 | $56,000 | | Missouri | Kansas City | 0.93 | 80 | $83,000 | | Missouri | St Louis | 0.53 | 60 | $101,000 | | New Jersey | Trenton | 2.26 | 40 | $81,000 | | New York | Albany | 3.32 | 120 | $76,000 | | New York | New York | 0.7 | 300 | $111,000 | | North Carolina | Charlotte | 1.5 | 110 | $76,000 | | North Carolina | Raleigh | 1.19 | 50 | $63,000 | | Ohio | Cleveland | 0.56 | 50 | $85,000 | | Oregon | Portland | 1.95 | 170 | $80,000 | | Pennsylvania | Philadelphia | 1.21 | 190 | $103,000 | | Pennsylvania | Pittsburgh | 0.83 | 80 | $78,000 | | South Carolina | Columbia | 2.8 | 80 | $62,000 | | Texas | Austin | 2.08 | 130 | $58,000 | | Texas | Fort Worth | 0.72 | 50 | $60,000 | | Texas | Houston | 0.47 | 100 | $81,000 | | Texas | San Antonio | 1.03 | 70 | $76,000 | | Utah | Salt Lake City | 1.38 | 70 | $71,000 | | Vermont | Burlington | 4.68 | 40 | $70,000 | | Virginia | Richmond | 1.78 | 90 | $86,000 | | Washington | Olympia | 30.17 | 220 | $65,000 | | Washington | Seattle | 1.16 | 140 | $79,000 | | Wisconsin | Madison | 5.57 | 150 | $80,000 |
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