Industries with Fastest Economists Salary Growth

These industries raised Economists salaries the most from 2019 to 2024. Useful for deciding which industry to work in or switch to for better pay growth.

22
Industries with Growth
+59.4%
Highest Growth
+18.6%
Average Growth
6
Industries with Decline

Top 15 Industries for Salary Growth

Economists salary increase from 2019 to 2024

All 22 Industries with Salary Growth

Rank Industry 2019 Salary 2024 Salary $ Increase % Growth
1 Securities, Commodity Contracts, and Other Financial Investments and Related Activities $125,890 $200,660 +$74,770 +59.4%
2 Monetary Authorities-Central Bank $131,730 $200,980 +$69,250 +52.6%
3 Employment Services $79,070 $120,470 +$41,400 +52.4%
4 Management of Companies and Enterprises $99,990 $135,100 +$35,110 +35.1%
5 Credit Intermediation and Related Activities $132,280 $173,600 +$41,320 +31.2%
6 Utilities $101,520 $130,400 +$28,880 +28.4%
7 Computer Systems Design and Related Services $117,770 $149,980 +$32,210 +27.3%
8 Electric Power Generation, Transmission and Distribution $102,570 $130,400 +$27,830 +27.1%
9 Research and Development in the Social Sciences and Humanities $108,540 $129,280 +$20,740 +19.1%
10 Colleges, Universities, and Professional Schools $78,960 $91,880 +$12,920 +16.4%
11 Scientific Research and Development Services $114,140 $129,430 +$15,290 +13.4%
12 Administrative and Support Services $80,320 $90,460 +$10,140 +12.6%
13 Postal Service (Federal Government) $124,330 $138,510 +$14,180 +11.4%
14 Business, Professional, Labor, Political, and Similar Organizations $102,760 $108,540 +$5,780 +5.6%
15 Grantmaking and Giving Services $92,750 $97,250 +$4,500 +4.9%
16 Religious, Grantmaking, Civic, Professional, and Similar Organizations $97,540 $100,900 +$3,360 +3.4%
17 Educational Services $83,540 $85,820 +$2,280 +2.7%
18 Insurance Carriers $100,110 $102,180 +$2,070 +2.1%
19 Insurance Carriers and Related Activities $100,340 $102,180 +$1,840 +1.8%
20 Direct Health and Medical Insurance Carriers $99,520 $101,290 +$1,770 +1.8%
21 Professional, Scientific, and Technical Services $112,480 $113,300 +$820 +0.7%
22 Office Administrative Services $82,240 $82,680 +$440 +0.5%

6 Industries with Salary Decline

Rank Industry 2019 Salary 2024 Salary $ Decrease % Decline
1 Other Professional, Scientific, and Technical Services $130,680 $105,040 -$25,640 -19.6%
2 Research and Development in the Physical, Engineering, and Life Sciences $147,290 $136,680 -$10,610 -7.2%
3 Architectural, Engineering, and Related Services $99,000 $92,270 -$6,730 -6.8%
4 Management, Scientific, and Technical Consulting Services $108,190 $102,450 -$5,740 -5.3%
5 Social Advocacy Organizations $91,980 $89,900 -$2,080 -2.3%
6 Engineering Services $94,150 $92,270 -$1,880 -2.0%

About This Data

Salary growth is calculated by comparing the median annual wage for Economists in each industry between 2019 and 2024, using Bureau of Labor Statistics data. Growth percentage = (2024 median - 2019 median) / 2019 median × 100.