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Hourly Wage for Professor - Economics Salary in the United States

How much does a Professor - Economics make hourly?

As of August 01, 2026, the average hourly rate for a Professor - Economics in the United States is $60, which translates to an annual salary of about $125,450.

However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:

  • Top Earners (90th percentile): $78 per hour
  • Majority Range (25th-75th percentile): $53 to $69 per hour
  • Entry-Level (10th percentile): $46 per hour
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Professor - Economics Salaries

A Professor - Economics'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.

How Experience Level Affects Professor - Economics Salaries?

Experience is a primary driver of a Professor - Economics'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:

  • Instructor - Economics (0-0 years): $63,915
  • Asst. Professor - Economics (0-0 years): $86,353
  • Assoc. Professor - Economics (0-0 years): $93,403
  • Professor - Economics (0-0 years): $125,450
Job Role Years of Experience Average Salary
Instructor - Economics0-0 years$63,915
Asst. Professor - Economics0-0 years$86,353
Assoc. Professor - Economics0-0 years$93,403
Professor - Economics0-0 years$125,450
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How Do Professor - Economics 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 Professor - Economics. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $138,898.
  • California: $138,371.
  • Massachusetts: $136,527.

Top Paying Cities for Professor - Economics

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: $158,230
  • San Francisco: $156,498
  • Oakland: $153,200

What Skills Can Increase a Professor - Economics's Salary?

Demanded Skills for the Role:

  • Leadership (Mentioned in 12.5% Job Postings): Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  • Academic Advising (Mentioned in 2.08% Job Postings): Academic advising is, according to the National Academic Advising Association, "a series of intentional interactions with a curriculum, a pedagogy, and a set of student learning outcomes. Academic advising synthesizes and contextualizes students' educational experiences within the frameworks of their aspirations, abilities and lives to extend learning beyond campus boundaries and timeframes."
  • Computer Science (Mentioned in 2.08% Job Postings): Computer science is the study of computation, automation, and information. Computer science spans theoretical disciplines (such as algorithms, theory of computation, information theory, and automation) to practical disciplines.
Skills Demand Percentage
Leadership 12.5%
Academic Advising 2.08%
Computer Science 2.08%
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 a Professor - Economics's salary.

  • Computer Science: Can increase your salary by up to 25%.
  • Commitment: Can increase your salary by up to 18%.
  • Continuous Quality Improvement: Can increase your salary by up to 17%.
Skill Salary Salary % Increase
Computer Science $156,813
25%
Commitment $148,031
18%
Continuous Quality Improvement $146,777
17%
Get Latest Data

Professor - Economics Salary by Company Size: Startups vs. Enterprise

Professor - Economics salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $129,464. While startup companies pay approximate $110,624.

Professor - Economics Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $110,624
Growth Stage 51~500 $116,716
Established 501~5000 $125,330
Enterprise 5000+ $129,464

How Education impacts an Professor - Economics's Salary?

Your level of education can impact your salary potential. While many Professor - Economics enter the field with a Bachelor's 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 Professor - Economics with a Bachelor's Degree is between $0 and $0.

Professor - Economics Salaries by Degree Level

Typical Education for Professor - Economics
Degree Level % of user with this level of education
No Diploma 100.0%
High School 0.0%
Associates 0.0%
Bachelors 0.0%
Masters 0.0%
Doctorate 100.0%
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Professor - Economics Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Professor - Economics'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 August 01, 2026
$109,837
Average $125,450/year
$144,449
$9,153
Average $10,454/month
$12,037
$2,112
Average $2,413/week
$2,778
$53
Average $60/hour
$69
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $144,449 $12,037 $2,778 $69
Average $125,450 $10,454 $2,413 $60
25th Percentile $109,837 $9,153 $2,112 $53

Most common benefits for Professor - Economics

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

Common company salaries for Professor - Economics

Here are companies hiring for Professor - Economics and their salaries, click below for more details.

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FAQ about Professor - Economics

1. What are the responsibilities of Professor - Economics?

Teaches courses in the discipline area of economics. Develops and designs curriculum plans to foster student learning, stimulate class discussions, and ensures student engagement. Provides tutoring and academic counseling to students, maintains classes related records, and assesses student coursework. Collaborates and supports colleagues regarding research interests and co-curricular activities. Typically reports to a department head. Requires a PhD or terminal degree appropriate to the field. Has considerable experience and is qualified to teach at undergraduate and graduate levels and initiates research and case studies in field of interest and may publish findings in trade journals or textbooks. Provides intellectual leadership and has made significant contributions to the field. May offer independent study opportunities and mentoring to students. Typically this individual is a leader in the field and has been published.

2. What are the skills of Professor - Economics

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.)

Academic Advising: Academic advising is, according to the National Academic Advising Association, "a series of intentional interactions with a curriculum, a pedagogy, and a set of student learning outcomes. Academic advising synthesizes and contextualizes students' educational experiences within the frameworks of their aspirations, abilities and lives to extend learning beyond campus boundaries and timeframes."

3.)

Computer Science: Computer science is the study of computation, automation, and information. Computer science spans theoretical disciplines (such as algorithms, theory of computation, information theory, and automation) to practical disciplines.

Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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