Economist salary in Olympia-Lacey-Tumwater, WA

Economists in the Olympia-Lacey-Tumwater, WA metro area earn a median of $103,000 a year ($49.52 an hour), based on BLS data for 160 workers.

Median salary
$103,000
Hourly
$49.52
Average
$107,210
Top 10% earn
$134,590
Workers
160

Pay ranges from $88,790 for the lowest-paid 10% to $134,590 for the top 10%. That is 17% lower than the national median of $124,720. Pay here is 6% lower than the Washington statewide median of $109,300. There are 1.3 economists per 1,000 jobs here — the job is 10.9× more common than nationally. The average (mean) salary is $107,210, above the median because a few high earners pull it up.

Pay range for economists in Olympia-Lacey-Tumwater, WA

$0$250,000
Pay levelYearlyHourly
10th percentile (entry level)$88,790$42.69
25th percentile$93,340$44.87
Median$103,000$49.52
75th percentile$110,930$53.33
90th percentile (top earners)$134,590$64.71
Average (mean)$107,210$51.55

Half of economists earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.

Median paycheck, before taxes

Pay periodAmount
Monthly$8,583.33
Semi-monthly (24 a year)$4,291.67
Biweekly (26 a year)$3,961.54
Weekly$1,980.77
Hourly$49.52

Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.

Buying a home? On a $103,000 salary, see how much house you can afford in Washington at today's mortgage rates, or work out a payment with the mortgage calculator.

Economist salary in other metro areas nearby

Metro areaMedian salaryWorkers
Seattle-Tacoma-Bellevue, WA$126,420200
Portland-Vancouver-Hillsboro, OR-WA$122,120n/a

Highest-paying states for economists

StateMedian salary
District of Columbia$167,590
New Jersey$167,550
Delaware$159,120
Maryland$144,680
Kansas$138,790
Virginia$137,590
New York$136,660
North Carolina$136,150
Idaho$131,270
Alabama$129,960

See Economist pay in every state or the Washington statewide figures.

Related jobs in Olympia-Lacey-Tumwater, WA

More: Life, Physical, and Social Science Occupations · all salaries in Olympia-Lacey-Tumwater, WA

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 19-3011. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.

Frequently asked questions

How much does a economist make in Olympia-Lacey-Tumwater, WA?

The median salary for economists in the Olympia-Lacey-Tumwater, WA metro area is $103,000 a year, or $49.52 an hour. Pay ranges from $88,790 for the lowest-paid 10% to $134,590 for the top 10%.

How much do the highest-paid economists make in Olympia-Lacey-Tumwater, WA?

The top 10% of economists in the Olympia-Lacey-Tumwater, WA metro area earn at least $134,590 a year. The top 25% earn $110,930 or more.

What is the starting pay for economists in Olympia-Lacey-Tumwater, WA?

Entry-level pay (the 10th percentile) is about $88,790 a year, and a quarter of economists earn $93,340 or less.

How many economists work in Olympia-Lacey-Tumwater, WA?

About 160 economists are employed in the Olympia-Lacey-Tumwater, WA metro area, not counting the self-employed.