Business & Finance Bloomington, MN
Pop. 89,987
Economist Salary in Bloomington, Minnesota
The median economist salary in Bloomington, MN is $118,498 per year, which is 4.0% above the national median and 5.1% above the Minnesota state average.
City Median
$118,498
vs State Avg
+$5,697
vs National
+$4,558
Cost of Living
102%
Economist Salary in Bloomington by Experience
In Bloomington, an entry-level economist earns around $67,600, while experienced professionals earn up to $192,400 per year. The local cost of living index is 102% of the national average.
Entry Level (0-2 yrs)
$67,600
+$2,600 vs national
Mid Level (3-7 yrs)
$119,600
+$4,600 vs national
Senior Level (8+ yrs)
$192,400
+$7,400 vs national
Salary Percentiles in Bloomington, MN
| Percentile | Bloomington |
|---|---|
| 10th Percentile | $64,480 |
| 25th Percentile | $85,280 |
| Median (50th) | $118,498 |
| 75th Percentile | $161,200 |
| 90th Percentile | $205,920 |
Economist Salary in Other Minnesota Cities
How to Become a Economist in Bloomington
Education
Most economist positions require a master's degree. Bloomington and the surrounding Minnesota 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 Bloomington may vary based on local industry and population growth.