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Economists Salary in New Jersey
Last updated: 2025 BLS data · Page refreshed:
How much do Economists make in New Jersey?
Last updated: 2025 data from the Bureau of Labor Statistics
BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).
Economists in New Jersey earn a median salary of $167,550 per year ($13,962/month).
This is 50.5% above the national average of $111,296.
New Jersey ranks #2 out of 40 states for Economists pay.
Approximately 280 people work in this occupation across 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)
Salaries for Economists in New Jersey range from $83,990 at the 10th percentile (entry level) to $195,190 at the 90th percentile (experienced). The middle 50% earn between $126,940 and $192,960.
The median annual salary for Economists in New Jersey is $167,550 as of 2025. The average (mean) salary is $161,990.
What is the salary range for a Economists in New Jersey?
Salaries for Economists in New Jersey range from $83,990 at the 10th percentile to $195,190 at the 90th percentile. The middle 50% earn between $126,940 and $192,960.
What is the starting salary for a Economists in New Jersey?
Entry-level Economists positions in New Jersey typically start around $83,990 (10th percentile). With some experience, salaries rise to $126,940 (25th percentile).
How many people work as Economists in New Jersey?
According to 2025 BLS data, approximately 280 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 $80.55 per hour.
Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2025 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.
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