As of July 01, 2026, the average salary for an Economic Data Analyst I in the United States is $96,500 per year, which breaks down to an hourly rate of $46.
However, an Economic Data Analyst I's salary can vary significantly. Here’s a look at the typical salary range:
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An Economic Data Analyst I's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of an Economic Data Analyst I's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Economic Data Analyst I | 2-4 years | $96,427 |
| Economic Data Analyst II | 4-7 years | $127,336 |
| Economic Data Analyst III | 7+ years | $150,714 |
| Economic Data Analyst IV | 7-10 years | $172,917 |
| Head of Economic Analytics and Insights | 10+ years | $317,174 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Economic Data Analyst Is. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 16.06% |
| Forecasting | 1.82% |
| Pricing | 1.43% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Portfolio Management
|
$112,905 |
17%
|
|
Machine Learning
|
$107,115 |
11%
|
|
Risk Management
|
$106,150 |
10%
|
|
Decision Making
|
$105,185 |
9%
|
|
Commitment
|
$105,185 |
9%
|
|
Trading
|
$104,220 |
8%
|
Economic Data Analyst I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $107,934. While startup companies pay approximate $91,280.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $91,280 |
| Growth Stage | 51~500 | $96,543 |
| Established | 501~5000 | $104,231 |
| Enterprise | 5000+ | $107,934 |
For Economic Data Analyst I roles, the industry you choose can affect earning potential by as much as 80% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Financial Services sectors offer the strongest compensation, at 30% above the average. In contrast, Economic Data Analyst positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view Economic Data Analyst I as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $125,450 | $60.0 | 30% |
| Financial Services | $123,520 | $59.0 | 28% |
| Energy & Utilities | $115,800 | $56.0 | 20% |
| Pharmaceuticals | $115,800 | $56.0 | 20% |
| Internet | $112,905 | $54.0 | 17% |
Understanding how an Economic Data Analyst I's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on July 01, 2026Promotions are the fastest way to increase your earnings. As an Economic Data Analyst I, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Business Operations Data Analyst III | $104,200 | 8% |
| Economic Data Analyst II | $127,400 | 32% |
Salaries for an Economic Data Analyst I can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $81,834 in 2023 to around $81,199 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Economic Data Analyst I salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $81,834 |
| 2024 | $81,878 |
| 2025 | $81,199 |
| 2026 |
View More
|
| 2027 |
View More
|
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The Software & Networking industry offers the highest average compensation for Economic Data Analyst I roles, with salaries approximately 30% above the market median.
When comparing economics and data science, both fields require strong analytical skills. Data scientists excel in interpreting diverse data sets, while economists focus on specific data types, such as financial models. In terms of salary, Economic Data Analysts earn between $81,200 and $111,000, with a median salary of $97,000, reflecting the value of their specialized skills in the job market.
While many high-paying careers exist, roles like doctors and lawyers typically exceed $200k annually, requiring extensive education and training. In contrast, an Economic Data Analyst earns between $81,200 and $111,000, with a mid-salary of $97,000, making it a lucrative option but below the $200k mark.
The highest paid data analyst roles in 2024 typically include positions such as Data Scientist, Machine Learning Engineer, and Business Intelligence Analyst. Salaries for Economic Data Analysts range from a minimum of $81,200 to a mid-level of $97,000, with top earners making up to $111,000 annually.
Yes, economic analysts are in demand. As organizations increasingly rely on analytics, predictive modeling, and big data for decision-making, the need for skilled professionals in this field is rising. Salaries for Economic Data Analysts range from $81,200 to $111,000, reflecting the value of their expertise in driving business and policy decisions.
The highest-paid jobs in IT often include roles like Chief Information Officer (CIO), Chief Technology Officer (CTO), and Artificial Intelligence (AI)/Machine Learning (ML) specialists. For Economic Data Analysts, salaries range from $81,200 to $111,000, with a median salary of $97,000, reflecting the competitive nature of the field.
While $150k is achievable in the data analyst field, it's important to note that the typical salary range for Economic Data Analysts is between $81,200 and $111,000. To reach the higher end or exceed this range, you'll need significant experience and a strong track record of delivering impactful results.
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