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Economic Modeling/Forecasting Analyst IV Salary in the United States

How much does an Economic Modeling/Forecasting Analyst IV make in the United States?

As of September 01, 2026, the average salary for an Economic Modeling/Forecasting Analyst IV in the United States is $172,950 per year, which breaks down to an hourly rate of $83.

However, an Economic Modeling/Forecasting Analyst IV's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $190,125
  • Majority Range (25th-75th percentile): $162,910 to $181,940
  • Entry-Level (10th percentile): $153,769
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Economic Modeling/Forecasting Analyst IV Salaries

An Economic Modeling/Forecasting Analyst IV'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.

How Experience Level Affects Economic Modeling/Forecasting Analyst Salaries?

Experience is a primary driver of an Economic Modeling/Forecasting Analyst IV'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:

  • Economic Data Analyst I (2-4 years): $96,445
  • Economic Data Analyst II (4-7 years): $127,381
  • Economic Data Analyst III (7+ years): $150,754
  • Economic Modeling/Forecasting Analyst IV (7-10 years): $172,947
  • Head of Economic Analytics and Insights (10+ years): $312,116
Job Role Years of Experience Average Salary
Economic Data Analyst I2-4 years$96,445
Economic Data Analyst II4-7 years$127,381
Economic Data Analyst III7+ years$150,754
Economic Modeling/Forecasting Analyst IV7-10 years$172,947
Head of Economic Analytics and Insights10+ years$312,116
View as Graph

How Do Economic Modeling/Forecasting Analyst IV Salaries Vary from State to State?

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 Modeling/Forecasting Analyst IVs. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $191,490.
  • California: $190,770.
  • Massachusetts: $188,220.

Top Paying Cities for Economic Modeling/Forecasting Analyst IVs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $218,140
  • San Francisco: $215,750
  • Oakland: $211,210

What Skills Can Increase an Economic Modeling/Forecasting Analyst IV's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 15.41% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Economic Research (Mentioned in 1.86% Job Postings): Perform research on economic conditions and trends.
  • Advertising (Mentioned in 1.04% Job Postings): Advertising is a marketing communication that employs an openly sponsored, non-personal message to promote or sell a product, service or idea.:465 Sponsors of advertising are typically businesses wishing to promote their products or services. Advertising is differentiated from public relations in that an advertiser pays for and has control over the message. It differs from personal selling in that the message is non-personal, i.e., not directed to a particular individual.:661,672 Advertising is communicated through various mass media, including traditional media such as newspapers, magazines, television, radio, outdoor advertising or direct mail; and new media such as search results, blogs, social media, websites or text messages. The actual presentation of the message in a medium is referred to as an advertisement, or "ad" or advert for short. Commercial ads often seek to generate increased consumption of their products or services through "branding", which associates a product name or image with certain qualities in the minds of consumers. On the other hand, ads that intend to elicit an immediate sale are known as direct-response advertising. Non-commercial entities that advertise more than consumer products or services include political parties, interest groups, religious organizations and governmental agencies. Non-profit organizations may use free modes of persuasion, such as a public service announcement. Advertising may also help to reassure employees or shareholders that a company is viable or successful.
Skills Demand Percentage
Analysis 15.41%
Economic Research 1.86%
Advertising 1.04%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on an Economic Modeling/Forecasting Analyst IV's salary.

  • Products and Services: Can increase your salary by up to 48%.
  • Inference: Can increase your salary by up to 30%.
  • Prioritization: Can increase your salary by up to 24%.
Skill Salary Salary % Increase
Products and Services $255,966
48%
Inference $224,835
30%
Prioritization $214,458
24%
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Economic Modeling/Forecasting Analyst IV Salary by Company Size: Startups vs. Enterprise

Economic Modeling/Forecasting Analyst IV salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $193,279. While startup companies pay approximate $163,494.

Economic Modeling/Forecasting Analyst IV Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $163,494
Growth Stage 51~500 $172,911
Established 501~5000 $186,635
Enterprise 5000+ $193,279

Economic Modeling/Forecasting Analyst IV Salary by Industry: Top Paying Sectors

For Economic Modeling/Forecasting Analyst IV roles, the industry you choose can affect earning potential by as much as 35% (the gap between the highest and lowest paying industries). Data shows that the Energy & Utilities and Biotechnology sectors offer the strongest compensation, at 20% above the average. In contrast, Economic Modeling/Forecasting Analyst positions in Edu., Gov't. & Nonprofit or Hospitality & Leisure typically offer lower base pay, as these industries often view Economic Modeling/Forecasting Analyst IV as a support function rather than a direct revenue driver.

The top paying industries for an Economic Modeling/Forecasting Analyst IV

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Energy & Utilities$207,540$100.020%
Biotechnology$193,704$93.012%
Insurance$190,245$91.010%
Telecom$188,516$91.09%
Internet$183,327$88.06%

Economic Modeling/Forecasting Analyst IV Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Economic Modeling/Forecasting Analyst IV'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 September 01, 2026
$162,910
Average $172,950/year
$181,940
$13,576
Average $14,413/month
$15,162
$3,133
Average $3,326/week
$3,499
$78
Average $83/hour
$87
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $181,940 $15,162 $3,499 $87
Average $172,950 $14,413 $3,326 $83
25th Percentile $162,910 $13,576 $3,133 $78

Economic Modeling/Forecasting Analyst IV Salary Growth & Career Path

Economic Modeling/Forecasting Analyst IV

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As an Economic Modeling/Forecasting Analyst IV, 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 Analytics and Insights Supervisor $109,200 -37%
Head of Economic Analytics and Insights $312,190 81%

Most common benefits for Economic Modeling/Forecasting Analyst IV

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Economic Modeling/Forecasting Analyst IV

Here are companies hiring for Economic Modeling/Forecasting Analyst IV and their salaries, click below for more details.

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FAQ about Economic Modeling/Forecasting Analyst IV

1. What industry pays the highest salary for Economic Modeling/Forecasting Analyst IV?

The Energy & Utilities industry offers the highest average compensation for Economic Modeling/Forecasting Analyst IV roles, with salaries approximately 20% above the market median.

2. How much does a consulting job pay in USA?

The estimated total pay for an Economic Modeling/Forecasting Analyst in the USA ranges from $143,070 to $196,410 per year, with a mid-salary of $171,000. These figures reflect the salary range based on industry data and provide a comprehensive view of potential earnings in this field.

3. How much is an economist paid in USA?

In the USA, the salary for an Economic Modeling/Forecasting Analyst ranges from a minimum of $143,070 to a maximum of $196,410, with a median salary of $171,000. This reflects the specialized nature of the role, which typically commands higher compensation compared to general economist positions.

4. Which Big 3 consulting pays the most?

McKinsey & Company is the highest paying among the Big 3 consulting firms, with salaries for Economic Modeling/Forecasting Analysts ranging from $143,070 to $196,410, with a midpoint of $171,000. Alvarez & Marsal also offers competitive compensation, particularly for its capital restructuring team, known for handling significant bankruptcy consulting deals.

5. How much does economic consulting pay in USA?

The estimated total pay for an Economic Modeling/Forecasting Analyst in the USA ranges from $143,070 to $196,410 per year, with a mid-salary of $171,000. This reflects the competitive compensation in the field of economic consulting.

6. What are the Big 4 economic consulting firms?

As we navigate through turbulent economic times in 2024, the success and earnings of the Big 4 consulting firms - Deloitte, Ernst & Young (EY), PricewaterhouseCoopers (PwC), and KPMG - remain a focal point for industry analysts and business leaders worldwide. Economic Modeling/Forecasting Analysts in these firms can expect salaries ranging from $143,070 to $196,410, with a median of $171,000.

7. What is the highest salary for an economic consultant?

The highest salary for an Economic Modeling/Forecasting Analyst is approximately $196,410. The salary range for this role typically starts at a minimum of $143,070, with a mid-range salary of around $171,000.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

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