Economist Salary in Idaho
Based on 130+ workers in Idaho
Median Annual Salary (ID)
$131,270
$63.11/hr
vs National Average
$111,296
+17.9% vs national median
Salary Range (10th–90th)
$55K – $174K
130 employed in Idaho
Economists in Idaho earn a median salary of $131,270 per year, which is 18% above the national average. With approximately 130 economists employed throughout the state, this field offers competitive compensation for skilled professionals. The salary range spans from $55,180 to $173,560, reflecting variations based on experience and specialization within the profession.
Several factors influence economist salary in Idaho, including years of experience, educational credentials, and the specific industry or sector of employment. Geographic location within the state, the size and type of employer, and whether positions are in public or private sectors also play significant roles. Specialized expertise in areas like agriculture, natural resources, or policy analysis may command higher compensation in Idaho's unique economic landscape.
Salary Distribution — Economist in Idaho
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $55,180 |
| 25th percentile | $86,960 |
| Median (50th percentile) | $131,270 |
| 75th percentile | $141,600 |
| 90th percentile | $173,560 |
Top-Paying Industries for Economist (U.S.)
Which industries pay Economists the most — nationwide figures (industry-level data is not available by state). Economists in Idaho tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Mining, Quarrying, and Oil and Gas Extraction | $210,780 | 30 |
| Wholesale Trade | $207,400 | 40 |
| Manufacturing | $180,320 | 90 |
| Finance and Insurance | $173,990 | 2K |
| Management of Companies and Enterprises | $160,150 | 170 |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Economist in Idaho vs National
| Year | Median Salary (Idaho) |
|---|---|
| 2022 | $100,530 |
| 2023 | $53,870 |
| 2024 | $78,770 |
| 2025 | $131,270 |
| 2026 (projected) | $139,146 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Idaho Median | National Median |
|---|---|---|
| 2022 | $100,530 | $96,369 |
| 2023 | $53,870 | $98,241 |
| 2024 | $78,770 | $102,371 |
| 2025 | $131,270 | $111,296 |
| 2026 (projected) | $139,146 | $117,974 |
Economist Salary by Experience Level in Idaho
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $86,960 |
| Mid-level | 3-5 yrs | $131,270 |
| Senior | 6-9 yrs | $141,600 |
| Staff / Lead | 10+ yrs | $173,560 |
Economist Salary in Other States
Related Economist Salaries in Idaho
How other high-demand occupations in Idaho compare to Economist ($131,270 median).
| Occupation | Median Salary | vs Economist | Hourly |
|---|---|---|---|
| Financial Manager in ID | $127,210 | -3.1% | $61.16/hr |
| Financial Analyst in ID | $100,830 | -23.2% | $48.48/hr |
| Personal Financial Advisor in ID | $94,370 | -28.1% | $45.37/hr |
| Financial Examiner in ID | $85,260 | -35.0% | $40.99/hr |
| Budget Analyst in ID | $83,220 | -36.6% | $40.01/hr |
| Credit Analyst in ID | $79,650 | -39.3% | $38.29/hr |
| Tax Examiner in ID | $79,440 | -39.5% | $38.19/hr |
| Compliance Officer in ID | $75,450 | -42.5% | $36.27/hr |
| Accountant in ID | $74,730 | -43.1% | $35.93/hr |
| Loan Officer in ID | $71,070 | -45.9% | $34.17/hr |
| Securities Sales Agent in ID | $64,620 | -50.8% | $31.07/hr |
| Insurance Sales Agent in ID | $58,510 | -55.4% | $28.13/hr |
Frequently Asked Questions
How much do economists make in Idaho?
- The median salary for economists in Idaho is $131,270 per year, or $63 per hour. This is significantly higher than the national average, placing Idaho economists at 17.9% above the national median.
What is the salary range for economists in Idaho?
- Economist salaries in Idaho range from $55,180 at the lower end to $173,560 at the upper end. This wide range reflects differences in experience, education, and specific roles within the economics field.
Is Idaho a good state for economist salaries?
- Yes, Idaho offers competitive economist salaries with a median of $131,270, which is 17.9% higher than the national average. This makes it an above-average market for economists seeking employment.
How many economists are employed in Idaho?
- There are approximately 130 economists currently employed in Idaho. This relatively smaller workforce suggests a niche job market compared to larger states.