Business & Finance Indianapolis, IN Pop. 887,642

Economist Salary in Indianapolis, Indiana

The median economist salary in Indianapolis, IN is $105,964 per year, which is 7% below the national median and 3.3% above the Indiana state average.

City Median
$105,964
vs State Avg
+$3,418
vs National
$-7,976
Cost of Living
93%

Economist Salary in Indianapolis by Experience

In Indianapolis, an entry-level economist earns around $60,450, while experienced professionals earn up to $172,050 per year. The local cost of living index is 93% of the national average.

Entry Level (0-2 yrs)
$60,450
$-4,550 vs national
Mid Level (3-7 yrs)
$106,950
$-8,050 vs national
Senior Level (8+ yrs)
$172,050
$-12,950 vs national

Salary Percentiles in Indianapolis, IN

Percentile Indianapolis
10th Percentile $57,660
25th Percentile $76,260
Median (50th) $105,964
75th Percentile $144,150
90th Percentile $184,140

Economist Salary in Other Indiana Cities

Carmel, IN
$119,637
Pop. 99,757
Fort Wayne, IN
$96,849
Pop. 263,886
Evansville, IN
$95,710
Pop. 117,429
South Bend, IN
$94,570
Pop. 103,453

How to Become a Economist in Indianapolis

Education

Most economist positions require a master's degree. Indianapolis and the surrounding Indiana 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 Indianapolis may vary based on local industry and population growth.