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 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.
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.