Economists in New Mexico
Want to work in New Mexico as an Economist? Read this first!
You’re in luck! Jobs for Economists in New Mexico are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Economists in New Mexico is growing faster than average.
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Economists in New Mexico earn higher salaries than the typical U.S. wage earner.
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How Many Economists Work in New Mexico?
There were 70 Economists employed in this state in 2017.
Job Projections for New Mexico
Jobs for Economists in this state are growing at a rate of 14.3% which is faster than the nationwide estimated projection of 6.1%.
New Mexico Annual Job Openings
The BLS estimates 10 annual job openings, and a total of 80 jobs for New Mexico Economists in 2026.
Nationwide, the prediction is 1,600 annual jobs and 22,600 total jobs in 2026.
What do Economists Make in New Mexico?
In 2018 wages for Economists ranged from $59,290 to $140,190 with $84,730 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $28.51 to $67.4. The median hourly rate was $40.74.
Workers in this field were paid a median of $30.64 an hour in 2017.
The hourly rate grew by $10.10.
The median salary in New Mexico 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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