Economic Analyst 1 pay range
State of Washington · class code 502J
- Class code
- 502J
- Salary range
- 50
- Pay unit
- Year
- State
- Washington
- The State of Washington published pay range for Economic Analyst 1 is $55,596 to $74,748 per year.
- Washington State Office of Financial Management (OFM) keys this classification as class code 502J.
- This is the range the plan authorises, not the salary of any individual employee.
Step progression
Washington State Office of Financial Management (OFM) assigns this class to salary range 50 in the General Service Salary Schedule. The range pays 13 steps; a step is normally earned on a periodic increment date, not negotiated.
| Basis | A | B | C | D | E | F | G | H | I | J | K | L | M |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Annual | $55,596 | $56,952 | $58,392 | $59,760 | $61,332 | $62,880 | $64,512 | $66,072 | $67,704 | $69,348 | $71,136 | $72,900 | $74,748 |
| Monthly | $4,633 | $4,746 | $4,866 | $4,980 | $5,111 | $5,240 | $5,376 | $5,506 | $5,642 | $5,779 | $5,928 | $6,075 | $6,229 |
| Hourly | $26.63 | $27.28 | $27.97 | $28.62 | $29.37 | $30.11 | $30.90 | $31.64 | $32.43 | $33.21 | $34.07 | $34.91 | $35.80 |
Steps as published. The monthly and hourly rows are the state's own, not conversions of the annual row.
Class specification
The OFM classified job specification for this class is published by Washington State Office of Financial Management (OFM). The passages below are quoted from it as published, not paraphrased, and cut to their opening sentences; the full specification is the authority on duties and qualifications.
What the state says the job is
Under general supervision, positions conduct segments of major economic impact studies conceptualized and designed by higher level Economic Analysts; and/or, assist a higher-level Economic Analyst in all aspects of studies conducted within a principal program area of economic analysis.
Examples of the work
Conducts economic and/or tax studies and analysis; assesses present and expected future course of state's economy; measures and predicts outcome of a variety of economic conditions; Assists with planning, data identification and gathering, analysis and report preparation in major studies involving estimation and forecasting; plans and conducts minor studies; Assists in development of methodologies for measurement, estimation, and forecasting of economic trends and impacts and for determining their reliability; In the development of economic estimates and forecasts, analyzes and reviews for reliability, reasonableness, accuracy and consistency, both basic data and estimates or forecasts; comp ...
Minimum qualifications
A Master's degree or equivalent in a Ph.D. program in economics, public finance or closely allied field. AND One year of professional experience in economic analysis. Professional experience in economic analysis may be substituted, year for year, for the required education, provided a Bachelor's degree in economics, public finance, or closely allied field has been obtained. Additional graduate training in economics or public finance may be substituted, year for year, for experience.
Quoted from the OFM classified job specification, read 2026-10-21.
Where this comes from
Washington State Office of Financial Management (OFM) publishes this figure in Classified Job Listing joined to the OFM salary schedules effective July 1, 2026. Every number on this page is read from that document; nothing is estimated, modelled or averaged.
The dollar figures come from the salary schedule the listing assigns this range to.