As of July 01, 2026, the average salary for an Economics Analyst III in the United States is $150,714 per year, which breaks down to an hourly rate of $72.
However, an Economics Analyst III's salary can vary significantly. Here’s a look at the typical salary range:
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An Economics Analyst III'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, education, and company size can directly affect your earning potential.
Experience is a primary driver of an Economics Analyst III'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 IIIs. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 15.32% |
| Machine Learning | 1.92% |
| Pricing | 1.07% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Team Development
|
$170,307 |
13%
|
|
Advertising
|
$168,800 |
12%
|
|
Flexibility
|
$162,771 |
8%
|
|
Written Communication
|
$161,264 |
7%
|
|
Coordination
|
$159,757 |
6%
|
|
Prioritization
|
$158,250 |
5%
|
Economics Analyst III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $168,572. While startup companies pay approximate $142,562.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $142,562 |
| Growth Stage | 51~500 | $150,781 |
| Established | 501~5000 | $162,789 |
| Enterprise | 5000+ | $168,572 |
For Economics Analyst III roles, the industry you choose can affect earning potential by as much as 41% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Internet sectors offer the strongest compensation, at 20% above the average. In contrast, Economics Analyst positions in Retail & Wholesale or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Economics Analyst III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Pharmaceuticals | $180,857 | $87.0 | 20% |
| Internet | $177,843 | $86.0 | 18% |
| Biotechnology | $167,293 | $80.0 | 11% |
| Software & Networking | $167,293 | $80.0 | 11% |
| Energy & Utilities | $165,785 | $80.0 | 10% |
Your level of education can impact your salary potential. While many Economics Analyst IIIs enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for an Economics Analyst III with a Bachelor's Degree is between $134,524 and $146,054).
Economics Analyst III Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.6% |
| High School | 0.6% |
| Associates | 0.6% |
| Bachelors | 31.9% |
| Masters | 44.5% |
| Doctorate | 22.4% |
Understanding how an Economics Analyst III'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 III, 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 V | $150,742 | 0% |
| Economics Analyst IV | $172,917 | 15% |
Salaries for an Economics Analyst III can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $121,623 in 2023 to around $120,084 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Economics Analyst III salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $121,623 |
| 2024 | $121,100 |
| 2025 | $120,084 |
| 2026 |
View More
|
| 2027 |
View More
|
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An Economics Analyst III'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 III earns the most in San Jose, CA, where the annual salary of an Economics Analyst III is $190,096.
The highest pay for Economics Analyst III is $169,618.
The lowest pay for Economics Analyst III is $123,836.
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 master's degree in economics or equivalent. Typically reports to a manager or head of a unit/department. Work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience.
The Pharmaceuticals industry offers the highest average compensation for Economics Analyst III roles, with salaries approximately 20% 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.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
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