Economists Salary in Detroit, MI

BLS Occupational Employment & Wage Statistics • May 2025 • Detroit-Warren-Dearborn, MI

Median annual salary $106,350 -7.9% vs national
Median hourly $51.13
10th percentile $67,830
90th percentile $193,280
Employed locally 110
National median $115,440

Compare Economists salary & buying power

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Economists
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Detroit, MI
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    Salary percentile breakdown

    10th
    $67,830
    25th
    $78,200
    50th (median)
    $106,350
    75th
    $148,660
    90th
    $193,280

    Detroit economic context

    Unemployment rate 4.50% 2024 annual avg • BLS LAUS
    Median household income $75,123 2023 • Census ACS
    Economists salary vs area income 142% Median Economists salary is 42% above the area median household income

    Top-paying metros for Economists

    Metro areaMedian salary
    New York-Newark-Jersey City, NY-NJ $168,850
    District of Columbia $162,610
    Washington-Arlington-Alexandria, DC-VA-MD-WV $157,980
    Virginia $148,010
    New York $142,300
    Maryland $137,610

    Nearby metros — Economists salary comparison

    Metro areaMedian salary
    Northwest Minnesota nonmetropolitan area $134,510
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD $121,820
    Ann Arbor, MI $120,410
    Missouri $115,520
    Minneapolis-St. Paul-Bloomington, MN-WI $108,230
    Minnesota $107,470

    Related occupations in Detroit, MI

    OccupationMedian salary
    Medical Scientists, Except Epidemiologists $81,300
    Occupational Health and Safety Specialists $80,250
    Clinical and Counseling Psychologists $82,080
    Chemists $79,220
    Environmental Scientists and Specialists, Including Health $75,200
    Chemical Technicians $48,790

    Frequently asked questions

    How much do Economists make per hour in Detroit?

    The median hourly wage for Economists in Detroit, MI is $51.13, based on BLS OEWS 2025 data. Top earners (90th percentile) make $92.92 or more per hour.

    Is Detroit above or below average for Economists salaries?

    The median Economists salary in Detroit, MI is 7.9% below the national median of $115,440. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Economists in Detroit?

    Entry-level Economists (10th percentile) earn around $67,830 per year in Detroit, MI. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $78,200.