As of July 01, 2026, the average salary for an Economics Analyst I in the United States is $96,427 per year, which breaks down to an hourly rate of $46.
However, an Economics Analyst I's salary can vary significantly. Here’s a look at the typical salary range:
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An Economics 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 Economics 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 |
|---|---|---|
| Economics Analyst I | 2-4 years | $96,427 |
| Economics Analyst II | 4-7 years | $127,336 |
| Economics Analyst III | 7+ years | $150,714 |
| Economics Analyst IV | 7-10 years | $172,917 |
| VP of Economic Analytics | 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 Economics 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
|
$112,820 |
17%
|
|
Machine Learning
|
$107,034 |
11%
|
|
Risk Management
|
$106,070 |
10%
|
|
Decision Making
|
$105,105 |
9%
|
|
Commitment
|
$105,105 |
9%
|
|
Trading
|
$104,141 |
8%
|
Economics Analyst I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $107,853. While startup companies pay approximate $91,211.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $91,211 |
| Growth Stage | 51~500 | $96,470 |
| Established | 501~5000 | $104,152 |
| Enterprise | 5000+ | $107,853 |
For Economics 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, Economics Analyst positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view Economics 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 | $125,355 | $60.0 | 30% |
| Financial Services | $123,427 | $59.0 | 28% |
| Energy & Utilities | $115,712 | $56.0 | 20% |
| Pharmaceuticals | $115,712 | $56.0 | 20% |
| Internet | $112,820 | $54.0 | 17% |
Understanding how an Economics 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 Economics 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 Data Analyst III | $104,168 | 8% |
| Economics Analyst II | $127,336 | 32% |
Salaries for an Economics 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 Economics 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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An Economics Analyst I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, an Economics Analyst I earns the most in San Jose, CA, where the annual salary of an Economics Analyst I is $121,623.
The highest pay for Economics Analyst I is $108,054.
The lowest pay for Economics Analyst I is $78,014.
Conducts research and analysis on economic data/trends and produces forecasts, interpretive reporting, and media used for risk assessment, communication, and decision making. Collects economic data from established datasets and other sources utilizing data collection and data science protocols. Utilizes statistical analysis, mathematical methodologies, and modeling techniques to develop data. Designs and organizes data into unique report models and graphical illustrations to present economic information used for decision making and solution development. Requires a bachelor's degree in economics or equivalent. Typically reports to a manager or head of a unit/department. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience.
The Software & Networking industry offers the highest average compensation for Economics Analyst I roles, with salaries approximately 30% above the market median.
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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