Economists in Alabama
Is Alabama a good place for you to work as an Economist?
You’re in luck! Jobs for Economists in Alabama are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Economists in Alabama is growing faster than average.
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Economists in Alabama earn higher salaries than the typical U.S. wage earner.
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How Many Economists Work in Alabama?
There were approximately 50 workers employed as Economists in this state in 2018.
There were 40 Economists employed in this state in 2017.
That’s growth of 10 jobs between 2017 and 2018.
The typical state has 145 Economists working in it, which means Alabama has fewer Economists than average.
Job Projections for Alabama
Jobs for Economists in this state are growing at a rate of 33.3% which is faster than the nationwide estimated projection of 6.1%.
Alabama Annual Job Openings
The BLS estimates there will be 0 annual job openings, and 40 total jobs in 2026 for Economists in this state.
Nationwide, the prediction is 1,600 annual jobs and 22,600 total jobs in 2026.
What do Economists Make in Alabama?
In 2018 wages for Economists ranged from $52,630 to $157,490 with $101,420 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $25.3 to $75.71. The median hourly rate was $48.76.
Workers in this field were paid a median of $44.01 an hour in 2017.
The hourly rate grew by $4.75.
The median salary in Alabama is higher than the nationwide median salary.
Top States for Economists Employment
The table below shows the states where most Economists work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| District of Columbia | 6,380 | $122,930 |
| California | 1,430 | $114,660 |
| Virginia | 1,230 | $122,230 |
| Massachusetts | 1,150 | $107,580 |
| Texas | 830 | $99,740 |
| New York | 750 | $101,740 |
| Maryland | 700 | $116,380 |
| Pennsylvania | 610 | $84,520 |
| Washington | 400 | $91,940 |
| Illinois | 380 | $104,230 |
| Georgia | 330 | $104,200 |
| Minnesota | 250 | $68,050 |
| Michigan | 250 | $80,990 |
| Missouri | 250 | $91,350 |
| Wisconsin | 240 | $69,060 |
| Florida | 240 | $90,490 |
| North Carolina | 230 | $80,400 |
| Colorado | 220 | $101,670 |
| Oregon | 220 | $88,330 |
| New Jersey | 180 | $87,590 |
Below are the states where Economists get paid the most:
| State | Annual Median Salary |
|---|---|
| District of Columbia | $122,930 |
| Virginia | $122,230 |
| Maryland | $116,380 |
| California | $114,660 |
| Ohio | $108,800 |
| Massachusetts | $107,580 |
| Illinois | $104,230 |
| Georgia | $104,200 |
| New York | $101,740 |
| Colorado | $101,670 |
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By pixabay under License
More about our data sources and methodologies.
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