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Economists vs Physicists: Salary Comparison

Last updated: 2025 BLS data · Page refreshed:

Side-by-side salary data across all 50 states. Data from the Bureau of Labor Statistics (2025).

National Salary Overview

Economists

Median Salary
$111,296
Average (Mean)
$120,056
Employed Nationwide
14,830
VS

Physicists

Median Salary
$153,762
Average (Mean)
$164,071
Employed Nationwide
20,040
Physicists earns $42,466 more (38.2%)
Economists vs Physicists national median (BLS 2025)Ranked horizontal bars comparing 2 entries.EconomistsEconomistsEconomists: $111,296$111,296PhysicistsPhysicistsPhysicists: $153,763$153,763

Key Metrics Compared

Median Salary $111,296 $153,762
Average (Mean) Salary $120,056 $164,071
Total Employment 14,830 20,040
States with Higher Pay 5 31

Salary by State: Economists vs Physicists

Showing 36 states where both occupations have BLS data. Economists pays more in 5 states; Physicists pays more in 31.

State Economists Physicists Difference
Alabama $129,960
$139,330
$-9,370
Arizona $79,610
$130,500
$-50,890
Arkansas $91,560
$135,820
$-44,260
California $119,410
$207,490
$-88,080
Colorado $121,410
$104,580
+$16,830
Connecticut $101,400
$180,300
$-78,900
Delaware $159,120
$82,590
+$76,530
District of Columbia $167,590
$157,040
+$10,550
Florida $102,430
$225,390
$-122,960
Georgia $122,570
$144,870
$-22,300
Hawaii $83,050
$117,190
$-34,140
Idaho $131,270
$135,150
$-3,880
Indiana $80,750
$105,940
$-25,190
Iowa $96,310
$178,110
$-81,800
Kentucky $71,400
$180,910
$-109,510
Louisiana $73,050
$166,240
$-93,190
Maryland $144,680
$174,390
$-29,710
Massachusetts $106,380
$106,410
$-30
Michigan $106,350
$94,520
+$11,830
Minnesota $105,120
$171,220
$-66,100
Missouri $117,010
$140,460
$-23,450
Montana $89,340
$103,800
$-14,460
Nevada $91,340
$154,030
$-62,690
New Hampshire $86,130
$214,030
$-127,900
New Jersey $167,550
$163,270
+$4,280
New York $136,660
$181,970
$-45,310
North Carolina $136,150
$174,180
$-38,030
Ohio $120,000
$162,900
$-42,900
Oklahoma $89,980
$200,050
$-110,070
Oregon $122,120
$200,320
$-78,200
Pennsylvania $115,000
$210,990
$-95,990
Tennessee $117,650
$165,010
$-47,360
Texas $121,420
$184,040
$-62,620
Virginia $137,590
$145,040
$-7,450
Washington $109,300
$134,790
$-25,490
Wisconsin $84,000
$173,120
$-89,120

Explore This Comparison by State

Dive deeper — see how Economists vs Physicists salaries differ in each state, with local data and national benchmarks.

Frequently Asked Questions

Who makes more: Economists or Physicists?
On average across all states, a Physicists earns more than a Economists. The national median salary difference is $42,466 (38.2%) based on 2025 BLS data.
In how many states does a Economists earn more than a Physicists?
A Economists earns a higher median salary than a Physicists in 5 out of 36 states where both occupations have BLS data. A Physicists pays more in 31 states.
What is the median salary for a Economists vs Physicists?
The national median salary for a Economists is $111,296 per year, compared to $153,762 for a Physicists, according to 2025 BLS OEWS data.
Which has more jobs: Economists or Physicists?
There are more people employed as Physicists. BLS reports approximately 14,830 Economists positions and 20,040 Physicists positions nationwide (2025).
Should I become a Economists or Physicists?
Both Economists and Physicists are viable career paths. Beyond salary, consider factors like job availability in your state, work-life balance, education requirements, growth potential, and personal interests. Visit each occupation's salary page for state-specific data and career insights.

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