Business & Finance Aurora, IL Pop. 197,757

Economist Salary in Aurora, Illinois

The median economist salary in Aurora, IL is $115,079 per year, which is 1.0% above the national median and 0.0% above the Illinois state average.

City Median
$115,079
vs State Avg
+$0
vs National
+$1,139
Cost of Living
95%

Economist Salary in Aurora by Experience

In Aurora, an entry-level economist earns around $65,650, while experienced professionals earn up to $186,850 per year. The local cost of living index is 95% of the national average.

Entry Level (0-2 yrs)
$65,650
+$650 vs national
Mid Level (3-7 yrs)
$116,150
+$1,150 vs national
Senior Level (8+ yrs)
$186,850
+$1,850 vs national

Salary Percentiles in Aurora, IL

Percentile Aurora
10th Percentile $62,620
25th Percentile $82,820
Median (50th) $115,079
75th Percentile $156,550
90th Percentile $199,980

Economist Salary in Other Illinois Cities

Naperville, IL
$129,892
Pop. 149,540
Chicago, IL
$128,752
Pop. 2,693,976
Springfield, IL
$103,685
Pop. 114,394
Rockford, IL
$100,267
Pop. 148,655

How to Become a Economist in Aurora

Education

Most economist positions require a master's degree. Aurora and the surrounding Illinois area have institutions offering relevant programs.

Key Skills

EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis

Job Outlook

Nationally, economist employment is projected to grow 6% over the next decade (faster than average). Demand in Aurora may vary based on local industry and population growth.