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.
Economist Pay in Minneapolis: What to Expect (2026)
Minneapolis offers a median economist salary of $121,916, which is $9,115 above the Minnesota state average of $112,801. Compared to the national median of $113,940, Minneapolis pays above average for this role.
Minneapolis's cost of living is 105% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for economists in Minneapolis spans from $66,340 at the 10th percentile to $211,860 at the 90th percentile — a $145,520 spread. Entry-level professionals start around $69,550, while senior economists with 8+ years of experience can earn up to $197,950. With a population of 429,954, Minneapolis is a mid-sized metro with a growing job market.
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.
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
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.
Find Economist Jobs in Minneapolis
Browse open economist positions in Minneapolis, MN: