Economist Salary in Rochester, Minnesota
The median economist salary in Rochester, MN is $113,940 per year, which is 0.0% above the national median and 1.0% above the Minnesota state average.
Economist Pay in Rochester: What to Expect (2026)
Rochester offers a median economist salary of $113,940, which is $1,139 above the Minnesota state average of $112,801. Compared to the national median of $113,940, Rochester pays above average for this role.
Rochester's cost of living is 98% 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 Rochester spans from $62,000 at the 10th percentile to $198,000 at the 90th percentile — a $136,000 spread. Entry-level professionals start around $65,000, while senior economists with 8+ years of experience can earn up to $185,000. With a population of 121,395, Rochester is a mid-sized metro with a growing job market.
Economist Salary in Rochester by Experience
In Rochester, an entry-level economist earns around $65,000, while experienced professionals earn up to $185,000 per year. The local cost of living index is 98% of the national average.
Salary Percentiles in Rochester, MN
| Percentile | Rochester |
|---|---|
| 10th Percentile | $62,000 |
| 25th Percentile | $82,000 |
| Median (50th) | $113,940 |
| 75th Percentile | $155,000 |
| 90th Percentile | $198,000 |
Economist Salary in Other Minnesota Cities
How to Become a Economist in Rochester
Education
Most economist positions require a master's degree. Rochester 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 Rochester may vary based on local industry and population growth.
Find Economist Jobs in Rochester
Browse open economist positions in Rochester, MN: