Economists Salary in Minneapolis, MN-WI

BLS Occupational Employment & Wage Statistics • May 2025 • Minneapolis-St. Paul-Bloomington, MN-WI

Median annual salary $108,230 -6.2% vs national
Median hourly $52.03
10th percentile $77,450
90th percentile $163,340
Employed locally 150
National median $115,440

Compare Economists salary & buying power

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Economists
in
Minneapolis, MN-WI
vs

    Salary percentile breakdown

    10th
    $77,450
    25th
    $95,750
    50th (median)
    $108,230
    75th
    $130,140
    90th
    $163,340

    Minneapolis economic context

    Unemployment rate 2.90% 2024 annual avg • BLS LAUS
    Median household income $98,180 2023 • Census ACS
    Economists salary vs area income 110% Median Economists salary is 10% 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

    Related occupations in Minneapolis, MN-WI

    OccupationMedian salary
    Medical Scientists, Except Epidemiologists $97,970
    Occupational Health and Safety Specialists $95,530
    Environmental Scientists and Specialists, Including Health $91,160
    Chemists $83,790
    Life, Physical, and Social Science Technicians, All Other $47,130
    Clinical and Counseling Psychologists $103,510

    Frequently asked questions

    How much do Economists make per hour in Minneapolis?

    The median hourly wage for Economists in Minneapolis, MN-WI is $52.03, based on BLS OEWS 2025 data. Top earners (90th percentile) make $98.15 or more per hour.

    Is Minneapolis above or below average for Economists salaries?

    The median Economists salary in Minneapolis, MN-WI is 6.2% 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 Minneapolis?

    Entry-level Economists (10th percentile) earn around $77,450 per year in Minneapolis, MN-WI. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $95,750.