Economist Salary in Michigan
The median economist salary in Michigan is $102,546 per year, which is 10% below the national median of $113,940.
Economist Salary Overview in Michigan (2026)
Michigan ranks #36 out of 50 states for economist compensation. Economist salaries in Michigan are below the national median, though the lower cost of living can offset the difference. At $102,546 per year, economists in Michigan earn $11,394 less than the national median of $113,940.
A key advantage of working in Michigan is its below-average cost of living (90% of the national index). This means the $102,546 salary has the purchasing power of roughly $113,940 in an average-cost area.
The salary spread in Michigan is significant: economists at the 10th percentile earn $55,800, while those at the 90th percentile bring home $178,200 — a $122,400 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Michigan for this role is Ann Arbor, where the median reaches $119,637.
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 Michigan by Experience
In Michigan, an entry-level economist earns around $58,500, while experienced professionals earn up to $166,500 per year. The cost of living index in Michigan is 90% of the national average.
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View Offers You Qualify For →Salary Percentiles in Michigan
| Percentile | MI Salary |
|---|---|
| 10th Percentile | $55,800 |
| 25th Percentile | $73,800 |
| Median (50th) | $102,546 |
| 75th Percentile | $139,500 |
| 90th Percentile | $178,200 |
Economist Salary by City in Michigan
The largest employment areas for economists in Michigan include Detroit, Grand Rapids, Ann Arbor, and Warren. Salaries vary by city based on local cost of living and demand.
How to Become a Economist in Michigan
Education
Most economist positions require a master's degree. Michigan has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Michigan
Nationally, economist employment is projected to grow 6% over the next decade (faster than average). Michigan's demand may vary based on local industry trends.
Negotiate Your Way to Senior Pay
Data shows Economists who negotiate earn 7–15% more. A single negotiation could add $63,954 over your career trajectory.
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