Economists vs Psychologists, All Other: Salary Comparison

Side-by-side salary data across all 50 states. Data from the Bureau of Labor Statistics (2024).

National Salary Overview

Economists

Median Salary
$98,241
Average (Mean)
$105,468
Employed Nationwide
13,990
VS

Psychologists, All Other

Median Salary
$111,140
Average (Mean)
$106,424
Employed Nationwide
14,030
Psychologists, All Other earns $12,899 more (13.1%)

Key Metrics Compared

Median Salary $98,241 $111,140
Average (Mean) Salary $105,468 $106,424
Total Employment 13,990 14,030
States with Higher Pay 8 28

Salary by State: Economists vs Psychologists, All Other

Showing 36 states where both occupations have BLS data. Economists pays more in 8 states; Psychologists, All Other pays more in 28.

State Economists Psychologists, All Other Difference
Alabama $100,970
$125,550
$-24,580
Arizona $98,740
$118,350
$-19,610
Arkansas $72,470
$95,260
$-22,790
California $105,950
$143,350
$-37,400
Colorado $105,060
$112,740
$-7,680
Connecticut $110,530
$126,610
$-16,080
District of Columbia $158,830
$105,520
+$53,310
Florida $87,500
$118,190
$-30,690
Hawaii $88,540
$133,160
$-44,620
Idaho $53,870
$105,710
$-51,840
Illinois $105,430
$80,530
+$24,900
Iowa $108,210
$114,900
$-6,690
Kansas $110,390
$118,190
$-7,800
Kentucky $70,800
$118,190
$-47,390
Louisiana $102,150
$94,540
+$7,610
Maine $79,290
$85,520
$-6,230
Maryland $134,410
$115,170
+$19,240
Massachusetts $134,750
$130,150
+$4,600
Minnesota $97,020
$79,500
+$17,520
Missouri $109,890
$124,180
$-14,290
Montana $93,870
$115,400
$-21,530
Nevada $72,590
$133,720
$-61,130
New Jersey $97,760
$128,810
$-31,050
New Mexico $74,800
$121,740
$-46,940
North Carolina $95,360
$123,120
$-27,760
Ohio $108,330
$118,410
$-10,080
Oklahoma $126,160
$71,900
+$54,260
Oregon $104,530
$124,720
$-20,190
Pennsylvania $97,860
$104,240
$-6,380
South Carolina $45,030
$125,800
$-80,770
Tennessee $81,640
$117,870
$-36,230
Texas $116,870
$125,570
$-8,700
Utah $89,270
$97,760
$-8,490
Virginia $141,190
$115,320
+$25,870
Washington $105,790
$113,190
$-7,400
Wisconsin $82,330
$114,340
$-32,010

Frequently Asked Questions

Who makes more: Economists or Psychologists, All Other?
On average across all states, a Psychologists, All Other earns more than a Economists. The national median salary difference is $12,899 (13.1%) based on 2024 BLS data.
In how many states does a Economists earn more than a Psychologists, All Other?
A Economists earns a higher median salary than a Psychologists, All Other in 8 out of 36 states where both occupations have BLS data. A Psychologists, All Other pays more in 28 states.
What is the median salary for a Economists vs Psychologists, All Other?
The national median salary for a Economists is $98,241 per year, compared to $111,140 for a Psychologists, All Other, according to 2024 BLS OEWS data.
Which has more jobs: Economists or Psychologists, All Other?
There are more people employed as Psychologists, All Other. BLS reports approximately 13,990 Economists positions and 14,030 Psychologists, All Other positions nationwide (2024).
Should I become a Economists or Psychologists, All Other?
Both Economists and Psychologists, All Other 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.

Compare After-Tax Take-Home Pay

See what each role actually pays after federal, state, and FICA taxes.