The average salary for an economist in New Jersey is around $167,550 per year.
Avg Salary
Economists earn an average yearly salary of $167,550.
Wages typically start from $83,990 and go up to $195,190.
99% above national average Updated in 2025
Economist earnings by seniority
90th percentile
Top-level economist earnings begin at:
$93.84 per hour
$195,190 per year
75th percentile
Senior-level economist earnings begin at:
$92.77 per hour
$192,960 per year
50th percentile
Mid-level economist earnings begin at:
$80.55 per hour
$167,550 per year
25th percentile
Junior-level economist earnings begin at:
$61.03 per hour
$126,940 per year
10th percentile
Starting level economist earnings begin at:
$40.38 per hour
$83,990 per year
Approximate values based on highest and lowest earning segments.
Economist salary by state
| State Name | Average Salary |
|---|---|
| Iowa | $96,310 |
| Arkansas | $91,560 |
| Maine | $91,480 |
| Nevada | $91,340 |
| Utah | $90,750 |
| Oklahoma | $89,980 |
| Montana | $89,340 |
| New Hampshire | $86,130 |
| Wisconsin | $84,000 |
| Hawaii | $83,050 |
| Vermont | $81,700 |
| Indiana | $80,750 |
| Arizona | $79,610 |
| Nebraska | $75,880 |
| South Carolina | $75,380 |
| Louisiana | $73,050 |
| Wyoming | $72,730 |
| Kentucky | $71,400 |
| New Mexico | $67,700 |
| Mississippi | $65,410 |
| West Virginia | $65,350 |
| Puerto Rico | $35,640 |
| District of Columbia | $167,590 |
| New Jersey | $167,550 |
| Delaware | $159,120 |
| Maryland | $144,680 |
| Kansas | $138,790 |
| Virginia | $137,590 |
| New York | $136,660 |
| North Carolina | $136,150 |
| Idaho | $131,270 |
| Alabama | $129,960 |
| Georgia | $122,570 |
| Oregon | $122,120 |
| Texas | $121,420 |
| Colorado | $121,410 |
| Ohio | $120,000 |
| California | $119,410 |
| Tennessee | $117,650 |
| Missouri | $117,010 |
| Pennsylvania | $115,000 |
| Alaska | $111,040 |
| Washington | $109,300 |
| Massachusetts | $106,380 |
| Michigan | $106,350 |
| Illinois | $105,980 |
| Minnesota | $105,120 |
| Florida | $102,430 |
| Connecticut | $101,400 |
How do economist salaries compare to similar careers?
Economists earn about the same as related careers in New Jersey. On average, they make less than financial advisors but more than financial analysts.
| Career | Median Salary |
|---|---|
| Financial advisor salary | $159K |
| Human resources manager salary | $172K |
| Purchasing manager salary | $175K |
| Supply chain manager salary | $162K |
| Investment fund manager salary | $162K |
| Economist salary | $168K |
| Actuary salary | $143K |
| Fundraising manager salary | $140K |
| Statistician salary | $118K |
| Financial analyst salary | $109K |
Source: CareerExplorer (Aggregated)