Business & Finance Saint Paul, MN Pop. 311,527

Economist Salary in Saint Paul, Minnesota

The median economist salary in Saint Paul, MN is $116,219 per year, which is 2.0% above the national median and 3.0% above the Minnesota state average.

City Median
$116,219
vs State Avg
+$3,418
vs National
+$2,279
Cost of Living
100%

Economist Pay in Saint Paul: What to Expect (2026)

Saint Paul offers a median economist salary of $116,219, which is $3,418 above the Minnesota state average of $112,801. Compared to the national median of $113,940, Saint Paul pays above average for this role.

Saint Paul's cost of living is 100% 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 Saint Paul spans from $63,240 at the 10th percentile to $201,960 at the 90th percentile — a $138,720 spread. Entry-level professionals start around $66,300, while senior economists with 8+ years of experience can earn up to $188,700. With a population of 311,527, Saint Paul is a mid-sized metro with a growing job market.

Economist Salary in Saint Paul by Experience

In Saint Paul, an entry-level economist earns around $66,300, while experienced professionals earn up to $188,700 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$66,300
+$1,300 vs national
Mid Level (3-7 yrs)
$117,300
+$2,300 vs national
Senior Level (8+ yrs)
$188,700
+$3,700 vs national

Salary Percentiles in Saint Paul, MN

Percentile Saint Paul
10th Percentile $63,240
25th Percentile $83,640
Median (50th) $116,219
75th Percentile $158,100
90th Percentile $201,960

Economist Salary in Other Minnesota Cities

How to Become a Economist in Saint Paul

Education

Most economist positions require a master's degree. Saint Paul 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 Saint Paul may vary based on local industry and population growth.

Find Economist Jobs in Saint Paul

Browse open economist positions in Saint Paul, MN:

Frequently Asked Questions: Economist Salary in Saint Paul

How much does a Economist make in Saint Paul, MN? ▼
The median economist salary in Saint Paul, Minnesota is $116,219 per year, which is 2.0% above the national median of $113,940. Salaries range from $63,240 (10th percentile) to $201,960 (90th percentile).
How much does a Economist make per hour in Saint Paul? ▼
Based on the median annual salary of $116,219, a economist in Saint Paul earns approximately $56 per hour assuming a standard 2,080-hour work year.
How does Saint Paul compare to the Minnesota state average for economist pay? ▼
Saint Paul's median economist salary of $116,219 is 3.0% above the Minnesota state average of $112,801. The local cost of living index is 100% of the national average.
What is the cost of living in Saint Paul, MN? ▼
Saint Paul has a cost of living index of 100% compared to the national average. This means a economist salary of $116,219 in Saint Paul has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Saint Paul? ▼
Most economist positions in Saint Paul require a master's degree. Key skills include Econometrics, Statistical Analysis, R/Python, Economic Modeling. The job market is projected to grow 6% nationally over the next decade.