Economists Pay Range in New York
Pay distribution across experience levels
- 10th Percentile — Entry Level$82,130
- 25th Percentile — Junior$104,420
- 50th Percentile — Median$136,660
- 75th Percentile — Senior$224,990
- 90th Percentile — Top Earners$292,850
Half of Economists in New York earn more than $136,660. The top 10% make $292,850 or more, while entry-level workers start around $82,130.
Economists in New York: Key Facts
Source: BLS OEWS May 2025
- New York ranks 2nd of 40 states for Economists pay, at $168,580 per year (18.6% above the U.S. average of $142,130).
- 910 people work as Economists in New York — 5.1% of all U.S. Economists jobs.
- Location quotient 0.82: Economists jobs are less concentrated in New York than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $82,130; the top 10% earn over $292,850.
- Hourly equivalent: $81.05 per hour (2,080 hours/year).
- The highest-paying state is District of Columbia at $175,100.
- Among science jobs in New York, Physicists pays the most ($182,580).
Economists Job Market in New York
Key factors affecting compensation
New York's key industries are Finance, Technology, Media, and its job market is rated very strong. Economists here earn $168,580 on average, placing the state 2nd nationally.
With a cost-of-living index of 1.38 (U.S. = 1.00), a New York salary of $168,580 is roughly equivalent to $122,159 at the national average cost of living.
Compared with nearby states in the pay ranking, District of Columbia ($175,100), New Jersey ($161,990), Kansas ($150,950) are the closest alternatives for Economists weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Science Jobs in New York
Related career salary benchmarks
- Physicists $182,580/yr New York +8.3% vs this role
- Atmospheric and Space Scientists $154,830/yr New York 8.2% vs this role
- Materials Scientists $138,200/yr New York 18.0% vs this role
- Medical Scientists $109,260/yr New York 35.2% vs this role
- Biochemists and Biophysicists $108,140/yr New York 35.9% vs this role
- Chemists $100,920/yr New York 40.1% vs this role
- Urban and Regional Planners $98,560/yr New York 41.5% vs this role
- Geoscientists $97,780/yr New York 42.0% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Economists salary in New York?
The average Economists salary in New York is $168,580 per year (median $136,660), which is 18.6% above the national average of $142,130.
How does New York rank for Economists pay?
New York ranks 2nd out of 40 states. The highest-paying state is District of Columbia ($175,100/yr).
How much do entry-level Economists make in New York?
The lowest-paid 10% of Economists in New York earn about $82,130 per year and the 25th percentile is $104,420.
How much do Economists make per hour in New York?
About $81.05 per hour, based on the $168,580 annual average and 2,080 working hours per year.
How many Economists work in New York?
BLS counts 910 Economists jobs in New York (OEWS May 2025).
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