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Careers›Roles›Health Economist
Mid-Level

Health Economist

You study where health meets money — analyzing the costs, value, and trade-offs of treatments, policies, and systems to inform how care gets paid for and delivered. The economics of who gets what care.

Career Level
Junior
Mid
Senior
Director
VP
Executive
Work Personality
I
C
E
A
S
R
Investigativeanalytical, curious
Conventionalorganizing, detail-oriented
Based on Holland Code framework
Industries that often hire Health Economists
Wholesale & DistributionGovernment · 54%Professional Services · 25%Financial Services · 10%Consumer Services · 3%Education · 2%
Job markets for Health Economists
Where Health Economist jobs concentrate · ~56 metro areas
Based on employment in related occupations
Mapped SOC categories:
Science
BLS Occupational Employment Statistics
Jump to:What it's likeCareer pathsBy the numbers
What it's like

What it's like to be a Health Economist

The work is research and analysis — building models, crunching cost and outcomes data, and translating findings for policymakers, payers, or researchers. The questions carry real human weight, and a model about cost-effectiveness can shape who gets a treatment. Much of the craft is drawing defensible conclusions from messy, incomplete data.

Academia rewards publishing and methods; government, consulting, and pharma want answers on a timeline. The data is messy, the politics intense, and your findings can be used, ignored, or attacked. Funding sources can carry their own agendas, which you have to navigate.

It tends to suit the analytical and policy-minded — people comfortable with statistics, ambiguity, and high-stakes questions. If you want clean answers or hands-on patient work, the abstraction and contestedness may frustrate. But if shaping how a health system spends and prioritizes excites you, the field is influential and intellectually deep.

What people in this role value
Working ConditionsAbove avg
IndependenceAbove avg
AchievementAbove avg
RecognitionAbove avg
SupportLower
RelationshipsLower
O*NET Work Values survey
✦ Editorial — written by Truest from industry research and career patterns

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Career Paths

Where this role sits in the broader career landscape — and where it can take you.

Earning potential across this track
$239K$179K$119K$60K$0KLower paying387 metro areas, sorted by salary level
All experience levels1
This level's estimated range
INDUSTRIES PAYING ABOVE AVERAGE
Professional Services$92K+15%
Technology & Information$91K+13%
Energy & Utilities$82K+2%
Financial Services$81K+2%
Wholesale & Distribution$79K-1%
Compared to Science average across all industries
1 BLS OEWS May 2024 covers all Health Economists (SOC 19-3011.00), not just this title · BEA RPP 2023
* Top salaries exceed this figure. BLS caps reported wages at ~$240K to protect individual privacy in high-earning roles.
Related rolesExplore Science →
Health EconomistInternational Trade SpecialistResearch AnalystPolicy AdvisorPolicy OfficerEconomic DeveloperForecast AnalystResearch EconomistAgricultural EconomistEnvironmental EconomistEconomistEconometricianEconomic AdvisorForest EconomistEconomic SpecialistFinancial EconomistEconomic Research AnalystHealth Economics ConsultantHealthcare Economics AnalystEconomic Development SpecialistHealthcare Economics Consultant

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✦ Editorial — career progression and interview guidance based on industry patterns
The Broader Landscape

Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape — helpful for context, but your specific experience will depend on level, specialty, and where you work.

$62K–$213K
Salary Range
10th – 90th percentile
16K
U.S. Employment
+1.2%
10yr Growth
900
Annual Openings

How Health Economist pay & employment are changing

$77K$74K$71K$68K$65K201920202021202220232024$65K$77K
BLS OEWS May 2024 · BLS Employment Projections 2024–2034

Skills & Requirements

Critical ThinkingReading ComprehensionMathematicsJudgment and Decision MakingSpeakingActive ListeningWritingComplex Problem SolvingActive LearningInstructing
O*NET OnLine · Bureau of Labor Statistics
Mapped SOC Codes
19-3011.00

Explore related roles

Roles with similar work and overlapping career paths

midInternational Trade Specialist$90KmidResearch Analyst$100KseniorSenior Research Analyst$100KmidPolicy Advisor$112KmidPolicy Officer$112KmidEconomic Developer$100K
View all Science roles →

Common questions about what it's like to be a Health Economist

What does a Health Economist do?

You study where health meets money — analyzing the costs, value, and trade-offs of treatments, policies, and systems to inform how care gets paid for and delivered. The economics of who gets what care.

How much does a Health Economist make?

Median pay for a Health Economist is about $115K nationally, with the field ranging roughly from $62K to $213K depending on experience, employer, and metro (BLS).

What skills does a Health Economist need?

Core skills for this role include Critical Thinking, Reading Comprehension, Mathematics, Judgment and Decision Making, and Speaking.

What education do you need to be a Health Economist?

Most people in this role hold a master's degree.

Is a Health Economist in demand?

Employment in this field is projected to grow about 1.2% through 2034, with roughly 15,880 people working in it today (BLS).

What jobs are similar to a Health Economist?

Closely related roles include International Trade Specialist, Research Analyst, and Senior Research Analyst.

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Federal data: BLS Occupational Employment & Wage Statistics (May 2024) · BLS Employment Projections · O*NET OnLine
Truest editorial: Fit check, role profile, things that vary, advancement analysis, lateral moves, interview questions.

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