Economists in District of Columbia
Get the information you need to know about working as an Economist.
You’re in luck! Jobs for Economists in District of Columbia are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Economists in District of Columbia is growing faster than average.
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Economists in District of Columbia earn higher salaries than the typical U.S. wage earner.
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How Many Economists Work in District of Columbia?
In 2018, there were 6,380 Economists working in the state.
There were 7,680 Economists employed in this state in 2017.
That’s a decline of 1,300 jobs between 2017 and 2018.
The typical state has 145 Economists working in it, which means District of Columbia has more Economists than average.
Job Projections for District of Columbia
Jobs for Economists in this state are growing at a rate of 5.9% which is slower than the nationwide estimated projection of 6.1%.
District of Columbia Annual Job Openings
The BLS is projecting 700 annual Economists job openings in District of Columbia, and 9,640 total jobs in the year 2026.
Nationwide, the prediction is 1,600 annual jobs and 22,600 total jobs in 2026.
What do Economists Make in District of Columbia?
In 2018 wages for Economists ranged from $68,030 to $208,000 with $122,930 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $32.71 to $100. The median hourly rate was $59.1.
In 2017 the median pay for this field was $56.21 an hour.
The hourly rate grew by $2.89.
The median salary in District of Columbia is higher than the nationwide median salary.
Top District of Columbia Metros for Economists
The table below shows some of the metros in this state with the most Economists.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 7,950 | $123,940 |
Top States for Economists Employment
View the list below to see 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 |
| Michigan | 250 | $80,990 |
| Minnesota | 250 | $68,050 |
| Missouri | 250 | $91,350 |
| Florida | 240 | $90,490 |
| Wisconsin | 240 | $69,060 |
| 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 |
What Major Will Prepare You For an Economist Career?
- Economics
- General Economics
- Econometrics & Quantitative Economics
- Development Economics & International Development
- International Economics
- Applied Economics
- Agricultural Economics & Business
- Agricultural Economics
- Other Economics
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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