Economists Salary in Madison, WI
BLS Occupational Employment & Wage Statistics • May 2025 • Madison, WI
Median annual salary
$78,020
-32.4% vs national
Median hourly
$37.51
10th percentile
$50,960
90th percentile
$120,640
Employed locally
140
National median
$115,440
Compare Economists salary & buying power
Type a city below to see how Madison, WI stacks up on salary and cost of living.
Economists
in
Madison, WI
vs
Salary percentile breakdown
Madison economic context
Unemployment rate
2.40%
2024 annual avg • BLS LAUS
Median household income
$86,827
2023 • Census ACS
Economists salary vs area income
90%
Median Economists salary is 10% below the area median household income
Frequently asked questions
How much do Economists make per hour in Madison?
The median hourly wage for Economists in Madison, WI is $37.51, based on BLS OEWS 2025 data. Top earners (90th percentile) make $63.75 or more per hour.
Is Madison above or below average for Economists salaries?
The median Economists salary in Madison, WI is 32.4% 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 Madison?
Entry-level Economists (10th percentile) earn around $50,960 per year in Madison, WI. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $63,320.