Business & Finance Duluth, MN
Pop. 90,884
Economist Salary in Duluth, Minnesota
The median economist salary in Duluth, MN is $104,825 per year, which is 8% below the national median and 7.1% below the Minnesota state average.
City Median
$104,825
vs State Avg
$-7,976
vs National
$-9,115
Cost of Living
90%
Economist Salary in Duluth by Experience
In Duluth, an entry-level economist earns around $59,800, while experienced professionals earn up to $170,200 per year. The local cost of living index is 90% of the national average.
Entry Level (0-2 yrs)
$59,800
$-5,200 vs national
Mid Level (3-7 yrs)
$105,800
$-9,200 vs national
Senior Level (8+ yrs)
$170,200
$-14,800 vs national
Salary Percentiles in Duluth, MN
| Percentile | Duluth |
|---|---|
| 10th Percentile | $57,040 |
| 25th Percentile | $75,440 |
| Median (50th) | $104,825 |
| 75th Percentile | $142,600 |
| 90th Percentile | $182,160 |
Economist Salary in Other Minnesota Cities
How to Become a Economist in Duluth
Education
Most economist positions require a master's degree. Duluth 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 Duluth may vary based on local industry and population growth.