Business & Finance Iowa (IA) Rank #39 of 50

Economist Salary in Iowa

The median economist salary in Iowa is $101,407 per year, which is 11% below the national median of $113,940.

Median Salary
$101,407
vs National
$-12,533
State Rank
#39 of 50
Cost of Living
89%

Economist Salary Overview in Iowa (2026)

Iowa ranks #39 out of 50 states for economist compensation. Economist salaries in Iowa are below the national median, though the lower cost of living can offset the difference. At $101,407 per year, economists in Iowa earn $12,533 less than the national median of $113,940.

A key advantage of working in Iowa is its below-average cost of living (89% of the national index). This means the $101,407 salary has the purchasing power of roughly $113,940 in an average-cost area.

The salary spread in Iowa is significant: economists at the 10th percentile earn $55,180, while those at the 90th percentile bring home $176,220 — a $121,040 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Iowa for this role is Iowa City, where the median reaches $108,243.

Nationally, economist employment is projected to grow 6% over the next decade (faster than average). This steady growth indicates stable demand for economists across the country.

Economist Salary in Iowa by Experience

In Iowa, an entry-level economist earns around $57,850, while experienced professionals earn up to $164,650 per year. The cost of living index in Iowa is 89% of the national average.

Entry Level (0-2 yrs)
$57,850
$-7,150 vs national
Mid Level (3-7 yrs)
$102,350
$-12,650 vs national
Senior Level (8+ yrs)
$164,650
$-20,350 vs national

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Salary Percentiles in Iowa

Percentile IA Salary
10th Percentile $55,180
25th Percentile $72,980
Median (50th) $101,407
75th Percentile $137,950
90th Percentile $176,220

Economist Salary by City in Iowa

The largest employment areas for economists in Iowa include Des Moines, Cedar Rapids, Davenport, and Sioux City. Salaries vary by city based on local cost of living and demand.

How to Become a Economist in Iowa

Education

Most economist positions require a master's degree. Iowa has several accredited institutions offering relevant programs.

Key Skills

EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis

Job Outlook in Iowa

Nationally, economist employment is projected to grow 6% over the next decade (faster than average). Iowa's demand may vary based on local industry trends.

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Frequently Asked Questions: Economist Salary in Iowa

How much does a Economist make in Iowa? ▼
The median economist salary in Iowa is $101,407 per year, which is 11% below the national median of $113,940. Salaries range from $55,180 (10th percentile) to $176,220 (90th percentile).
How much does a Economist make per hour in Iowa? ▼
Based on the median annual salary of $101,407, a economist in Iowa earns approximately $49 per hour assuming a standard 2,080-hour work year.
Is Iowa a good state for economists? ▼
Iowa ranks #39 out of 50 states for economist pay. The cost of living index is 89% of the national average. Entry-level economists earn $57,850, while senior professionals earn $164,650.
How does Iowa compare to other states for economist salary? ▼
The highest paying state for economists is Hawaii at $193,698. Iowa's median of $101,407 ranks #39 nationally. Nearby-ranked states include North Dakota ($102,546) and Ohio ($102,546).
What is the entry-level economist salary in Iowa? ▼
An entry-level economist in Iowa earns approximately $57,850 per year. With 3-7 years of experience, pay increases to around $102,350. Senior-level professionals with 8+ years earn up to $164,650.
What city in Iowa pays economists the most? ▼
Iowa City is the highest paying city in Iowa for economists, with a median salary of $108,243. Other cities include Des Moines and Cedar Rapids.