Economist Salary in Illinois
The median economist salary in Illinois is $115,079 per year, which is 1.0% above the national median of $113,940.
Economist Salary in Illinois by Experience
In Illinois, an entry-level economist earns around $65,650, while experienced professionals earn up to $186,850 per year. The cost of living index in Illinois is 95% of the national average.
Salary Percentiles in Illinois
| Percentile | IL Salary |
|---|---|
| 10th Percentile | $62,620 |
| 25th Percentile | $82,820 |
| Median (50th) | $115,079 |
| 75th Percentile | $156,550 |
| 90th Percentile | $199,980 |
Economist Salary by City in Illinois
The largest employment areas for economists in Illinois include Chicago, Aurora, Naperville, and Rockford. Salaries vary by city based on local cost of living and demand.
How to Become a Economist in Illinois
Education
Most economist positions require a master's degree. Illinois has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Illinois
Nationally, economist employment is projected to grow 6% over the next decade (faster than average). Illinois's demand may vary based on local industry trends.