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Careers›Roles›Research Economist
Mid-Level

Research Economist

Studying how the economy actually behaves — and testing it against data — to answer questions that shape policy, markets, and business decisions. Evidence-driven economics, beyond the textbook.

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 Research Economists
Wholesale & DistributionGovernment · 54%Professional Services · 25%Financial Services · 10%Consumer Services · 3%Education · 2%
Job markets for Research Economists
Employment concentration · ~112 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 Research Economist

The work runs through framing research questions, building models, gathering and analyzing data, and writing papers or reports for academic, government, or business audiences. A lot of the job is wrestling messy data into a credible answer, and the hard part is identifying cause, not just correlation — which haunts most economic questions.

What surprises people is how much hinges on data and identification, not theory — a clever question dies without clean evidence. Results inform high-stakes decisions, peer review is brutal, and communicating uncertainty to people who want a verdict is constant. The role spans academia, government, banks, and tech, each valuing rigor and speed differently.

It fits someone rigorous, curious, and comfortable with ambiguity and critique. If you want fast, definitive answers, the slow, contested nature of the work can frustrate. But if there's a real pull in figuring out how the economy works — and getting it right enough to inform real decisions — the work tends to be deeply engaging.

What people in this role value
AchievementAbove avg
Working ConditionsAbove avg
IndependenceAbove avg
RecognitionAbove avg
RelationshipsLower
SupportLower
O*NET Work Values survey
✦ Editorial — written by Truest from industry research and career patterns
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 Research Economists (SOC 19-3011.00, 19-3011.01), 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 →
Research EconomistFinancial EconomistInternational Trade SpecialistResearch AnalystPolicy AdvisorPolicy OfficerEconomic DeveloperForecast AnalystAgricultural EconomistEnvironmental EconomistEconomistEconometricianEconomic AdvisorEconomic SpecialistEcological EconomistEconomic Research Analyst
Exploring the Research Economist career path? Truest helps you figure out if it's the right fit — and plan your path forward.
Explore career tools
✦ 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
32K
U.S. Employment
+1.2%
10yr Growth
2K
Annual Openings

How this category is changing

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

Skills & Requirements

WritingReading ComprehensionMathematicsCritical ThinkingCritical ThinkingJudgment and Decision MakingReading ComprehensionActive ListeningMathematicsSpeaking
O*NET OnLine · Bureau of Labor Statistics
Mapped SOC Codes
19-3011.0019-3011.01

Explore related roles

Roles with similar work and overlapping career paths

midFinancial Economist$115KmidInternational Trade Specialist$90KmidResearch Analyst$100KseniorSenior Research Analyst$100KmidPolicy Advisor$112KmidPolicy Officer$112K
View all Science roles →

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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.