📊 BLS Official Data · May 2025 Release

Economists Salary in New Jersey (2026)

New Jersey · 28.0% above national average · Medium Demand

Average
$160,806
per year
Median
$153,523
per year
Hourly
$77.31
per hour
📅 Dataset: OES May 2025
🔄 Published: May 2026
📍 Coverage: All 50 States + DC
📊
Salary Range & Percentiles
Pay distribution across experience levels
10th Percentile — Entry Level$95,814
25th Percentile — Junior$129,683
50th Percentile — Median$153,523
75th Percentile — Senior$205,888
90th Percentile — Top Earners$236,156
💡 Top-earning Economistss in New Jersey make up to $236,156 per year. The job market in New Jersey is rated strong, with key industries including Pharmaceuticals, Finance, Technology.
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Salary Growth Trend (2021–2026)
Six-year compensation trajectory
$133.4k
2021
$138.5k
2022
$143.8k
2023
$149.2k
2024
$154.9k
2025
$160.8k
2026
📈 Economists salaries in New Jersey have followed the national trend with 3.8% annual growth. The strong presence in New Jersey's job market supports continued salary increases.
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Economists Salary by City in New Jersey
Geographic salary comparison
CityAvg Salaryvs NationalDemand
Newark $196,183 +22.0% Medium
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Economists Job Market in New Jersey
Key factors affecting compensation

New Jersey is home to a strong job market for Economistss. The state's key industries — Pharmaceuticals, Finance, Technology — generate significant demand for skilled professionals. At $160,806 per year, New Jersey's Economists salaries are 28.0% higher than the national average.

The cost of living in New Jersey (index: 1.28) justifies the higher pay scale. Entry-level professionals in New Jersey can expect to earn $95,814–$129,683, while experienced Economistss can command $205,888–$236,156.

Looking ahead, the Economists profession in New Jersey is projected to grow at 3.8% annually. Major employers are actively hiring, and the state's investment in Pharmaceuticals continues to drive new opportunities for qualified candidates.

🏛️ U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
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Compare with Similar Jobs
Related career salary benchmarks
Frequently Asked Questions
Common questions about this salary
  • The average Economists salary in New Jersey is $160,806 per year in 2026, which is 28.0% above the national average of $125,630.
  • Major metro areas typically pay Economistss the highest wages in New Jersey due to higher costs of living and competitive job markets.
  • New Jersey has a strong job market with major industries in Pharmaceuticals, Finance, Technology. This makes it one of the better states for Economists employment.
  • At $160,806/year, New Jersey Economists salaries are 28.0% higher than the national average of $125,630/year.