Business & Finance Minneapolis, MN
Pop. 429,954
Economist Salary in Minneapolis, Minnesota
The median economist salary in Minneapolis, MN is $121,916 per year, which is 7.0% above the national median and 8.1% above the Minnesota state average.
City Median
$121,916
vs State Avg
+$9,115
vs National
+$7,976
Cost of Living
105%
Economist Salary in Minneapolis by Experience
In Minneapolis, an entry-level economist earns around $69,550, while experienced professionals earn up to $197,950 per year. The local cost of living index is 105% of the national average.
Entry Level (0-2 yrs)
$69,550
+$4,550 vs national
Mid Level (3-7 yrs)
$123,050
+$8,050 vs national
Senior Level (8+ yrs)
$197,950
+$12,950 vs national
Salary Percentiles in Minneapolis, MN
| Percentile | Minneapolis |
|---|---|
| 10th Percentile | $66,340 |
| 25th Percentile | $87,740 |
| Median (50th) | $121,916 |
| 75th Percentile | $165,850 |
| 90th Percentile | $211,860 |
Economist Salary in Other Minnesota Cities
How to Become a Economist in Minneapolis
Education
Most economist positions require a master's degree. Minneapolis 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 Minneapolis may vary based on local industry and population growth.