Economic Data Statistician Salary in Utah

Annual Median: $89,270
Hourly Median: $42.92

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.

Annual and Hourly Economic Data Statistician undefined, Utah Salary Table:

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.
PercentileAnnual SalaryHourly Wage
10th$47,040$22.62
25th$63,650$30.6
Median$89,270$42.92
75th$114,400$55
90th$136,740$65.74

Best Schools to become a Economic Data Statistician in Utah 2024

Utah State University

Logan, UT

In-State Tuition:$7,387
Out-of-State Tuition:$23,305
Admission Rate:94%
Graduation Rate:54%
Total Enrollment:27,943

University of Utah

Salt Lake City, UT

In-State Tuition:$8,175
Out-of-State Tuition:$28,697
Admission Rate:89%
Graduation Rate:65%
Total Enrollment:34,734

Brigham Young University

Provo, UT

In-State Tuition:$6,304
Out-of-State Tuition:$6,304
Admission Rate:67%
Graduation Rate:79%
Total Enrollment:34,464

Southern Utah University

Cedar City, UT

In-State Tuition:$6,006
Out-of-State Tuition:$19,822
Admission Rate:84%
Graduation Rate:58%
Total Enrollment:14,330

Utah Valley University

Orem, UT

In-State Tuition:$5,614
Out-of-State Tuition:$17,174
Admission Rate:N/A
Graduation Rate:39%
Total Enrollment:43,099

Salt Lake Community College

Salt Lake City, UT

In-State Tuition:$3,778
Out-of-State Tuition:$13,222
Admission Rate:N/A
Graduation Rate:34%
Total Enrollment:26,300

Economic Data Statistician Salary in Utah FAQs

  • What factors influence the salary of an Applied Econometrics Scientist in Utah?
    Several factors can impact your salary, including education level, years of experience, industry sector, and the specific employer. Higher degrees, such as a Ph.D., often lead to more advanced positions and better compensation. Additionally, specialized skills in statistical software or programming may also boost your earning potential.

  • How does experience level affect my earning potential as an Applied Econometrics Scientist?
    Generally, entry-level positions offer lower salaries compared to those requiring mid to high levels of experience. As you advance in your career, taking on roles with greater responsibility and complexity, such as project management or team leadership, can significantly enhance your salary.

  • Is there a demand for Applied Econometrics Scientists in Utah?
    Yes, there is a growing demand for Applied Econometrics Scientists in Utah. The state's expanding economy, particularly in sectors such as technology, healthcare, and finance, has led to an increased need for data analysis and econometric expertise to inform decision-making.

  • What industries in Utah are most likely to hire Applied Econometrics Scientists?
    Various industries seek the expertise of Applied Econometrics Scientists, including finance, healthcare, government, and technology. These sectors utilize econometric methods to analyze data trends, forecast economic conditions, and improve business strategies.

  • How can I increase my salary as an Applied Econometrics Scientist?
    To enhance your salary, consider pursuing further education or certifications related to econometrics and data analysis. Staying updated with the latest software and methodologies in the field can also improve your job prospects. Networking and seeking mentorship from experienced professionals can provide you with insights and opportunities for advancement.

  • Are there opportunities for remote work as an Applied Econometrics Scientist?
    Many employers are increasingly open to remote work arrangements, especially in data-oriented positions like those of an Applied Econometrics Scientist. This flexibility can vary by employer, so it’s advisable to check for specific remote work policies during the job application process.

  • What role does negotiation play in achieving a competitive salary as an Applied Econometrics Scientist?
    Salary negotiation is an important aspect of the hiring process. Being prepared to discuss your qualifications, industry standards, and the value you bring to the company can help you secure a more favorable salary. Researching the average salary range for your position in Utah beforehand can provide a solid foundation for your negotiations.

  • What benefits are commonly offered in addition to salary for Applied Econometrics Scientists?
    In addition to salary, many employers offer a range of benefits, which may include health insurance, retirement plans, paid time off, and professional development opportunities. Some organizations might also offer bonuses, stock options, or flexible work hours as part of their compensation package.

  • How does participation in professional organizations impact my career and salary as an Applied Econometrics Scientist?
    Joining professional organizations can provide networking opportunities, access to industry resources, and potential pathways for career advancement. Participation in workshops, conferences, and certification programs through these organizations can enhance your skills and may lead to salary increases over time.