Economist Salary in New Jersey
Based on 280+ workers in New Jersey
Data year: 2025 · Last updated: October 2026
Median Annual Salary (NJ)
$167,550
$80.55/hr
vs National Average
$111,296
+50.5% vs national median
Salary Range (10th–90th)
$84K – $195K
280 employed in New Jersey
Salary Distribution — Economist in New Jersey
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $83,990 |
| 25th percentile | $126,940 |
| Median (50th percentile) | $167,550 |
| 75th percentile | $192,960 |
| 90th percentile | $195,190 |
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 New Jersey 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 New Jersey vs National
| Year | Median Salary (New Jersey) |
|---|---|
| 2022 | $86,830 |
| 2023 | $97,760 |
| 2024 | $102,350 |
| 2025 | $167,550 |
| 2026 (projected) | $177,603 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | New Jersey Median | National Median |
|---|---|---|
| 2022 | $86,830 | $96,369 |
| 2023 | $97,760 | $98,241 |
| 2024 | $102,350 | $102,371 |
| 2025 | $167,550 | $111,296 |
| 2026 (projected) | $177,603 | $117,974 |
Economist Salary by Experience Level in New Jersey
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $126,940 |
| Mid-level | 3-5 yrs | $167,550 |
| Senior | 6-9 yrs | $192,960 |
| Staff / Lead | 10+ yrs | $195,190 |
Economist Salary in Other States
Related Economist Salaries in New Jersey
How other high-demand occupations in New Jersey compare to Economist ($167,550 median).
| Occupation | Median Salary | vs Economist | Hourly |
|---|---|---|---|
| Financial Manager in NJ | $199,110 | +18.8% | $95.73/hr |
| Personal Financial Advisor in NJ | $158,570 | -5.4% | $76.24/hr |
| Actuary in NJ | $142,800 | -14.8% | $68.65/hr |
| Financial Analyst in NJ | $108,610 | -35.2% | $52.22/hr |
| Financial Examiner in NJ | $106,410 | -36.5% | $51.16/hr |
| Credit Analyst in NJ | $100,940 | -39.8% | $48.53/hr |
| Accountant in NJ | $100,830 | -39.8% | $48.48/hr |
| Compliance Officer in NJ | $100,000 | -40.3% | $48.08/hr |
| Tax Examiner in NJ | $98,630 | -41.1% | $47.42/hr |
| Budget Analyst in NJ | $96,250 | -42.6% | $46.27/hr |
| Loan Officer in NJ | $92,920 | -44.5% | $44.67/hr |
| Securities Sales Agent in NJ | $82,420 | -50.8% | $39.63/hr |