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Economists Salary in New Jersey

How much does a Economists make in New Jersey?

Last updated: 2024 data from the Bureau of Labor Statistics

$102,350
Median Annual Salary
$110,270
Mean Salary
$102,350
Median Salary
$49.21
Hourly Rate
110 people work as Economists in New Jersey

About This Job: Economists

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.

Top Skills

Reading Comprehension
4.12
Writing
4.12
Mathematics
4.12
Critical Thinking
4.12
Active Listening
4.0

Key Knowledge Areas

Mathematics
4.67
Economics and Accounting
4.5
English Language
4.3
Computers and Electronics
3.7
Education and Training
3.19
Typical Education: Doctoral Degree (60.9% of workers)

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Economists in New Jersey

Salaries for Economists in New Jersey range from $61,450 at the 10th percentile (entry level) to $187,280 at the 90th percentile (experienced). The middle 50% earn between $74,470 and $130,080.

Median $102,350
P10: $61,450 P25: $74,470 P75: $130,080 P90: $187,280
10th
$61,450
25th
$74,470
Median
$102,350
75th
$130,080
90th
$187,280
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $61,450 $29.54 $5,120
25th Percentile $74,470 $35.80 $6,205
Median (50th) $102,350 $49.21 $8,529
75th Percentile $130,080 $62.54 $10,840
90th Percentile (Experienced) $187,280 $90.04 $15,606

Note: The mean (average) salary of $110,270 differs from the median because salary distributions are typically skewed by high earners.

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What does this salary really buy? See Economists salary in New Jersey adjusted for cost of living →

Economists Salary by State

Compare Economists pay across states — sorted by highest median salary.

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Frequently Asked Questions

How much does a Economists make in New Jersey?
The median annual salary for a Economists in New Jersey is $102,350 as of 2024. The average (mean) salary is $110,270.
What is the salary range for a Economists in New Jersey?
Salaries for Economists in New Jersey range from $61,450 at the 10th percentile to $187,280 at the 90th percentile. The middle 50%% earn between $74,470 and $130,080.
What is the starting salary for a Economists in New Jersey?
Entry-level Economists positions in New Jersey typically start around $61,450 (10th percentile). With some experience, salaries rise to $74,470 (25th percentile).
How many people work as Economists in New Jersey?
According to 2024 BLS data, approximately 110 people are employed as Economists in New Jersey.
What is the hourly rate for a Economists in New Jersey?
Based on a standard 2,080-hour work year, the median hourly rate for a Economists in New Jersey is approximately $49.21 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS