Business & Finance Springfield, MO Pop. 169,176

Economist Salary in Springfield, Missouri

The median economist salary in Springfield, MO is $93,431 per year, which is 18% below the national median and 6.8% below the Missouri state average.

City Median
$93,431
vs State Avg
$-6,836
vs National
$-20,509
Cost of Living
82%

Economist Pay in Springfield: What to Expect (2026)

Springfield offers a median economist salary of $93,431, which is $6,836 below the Missouri state average of $100,267. Compared to the national median of $113,940, Springfield pays below the national benchmark for this role.

One of Springfield's biggest advantages is its low cost of living at 82% of the national average. This means the $93,431 salary stretches further here — equivalent to roughly $113,940 in an average-cost city. This makes Springfield an attractive option for economists seeking strong real-dollar compensation.

The salary range for economists in Springfield spans from $50,840 at the 10th percentile to $162,360 at the 90th percentile — a $111,520 spread. Entry-level professionals start around $53,300, while senior economists with 8+ years of experience can earn up to $151,700. With a population of 169,176, Springfield is a mid-sized metro with a growing job market.

Economist Salary in Springfield by Experience

In Springfield, an entry-level economist earns around $53,300, while experienced professionals earn up to $151,700 per year. The local cost of living index is 82% of the national average.

Entry Level (0-2 yrs)
$53,300
$-11,700 vs national
Mid Level (3-7 yrs)
$94,300
$-20,700 vs national
Senior Level (8+ yrs)
$151,700
$-33,300 vs national

Salary Percentiles in Springfield, MO

Percentile Springfield
10th Percentile $50,840
25th Percentile $67,240
Median (50th) $93,431
75th Percentile $127,100
90th Percentile $162,360

Economist Salary in Other Missouri Cities

Kansas City, MO
$104,825
Pop. 508,090
Saint Louis, MO
$102,546
Pop. 301,578
Columbia, MO
$100,267
Pop. 126,254
Independence, MO
$96,849
Pop. 123,011

How to Become a Economist in Springfield

Education

Most economist positions require a master's degree. Springfield and the surrounding Missouri 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 Springfield may vary based on local industry and population growth.

Find Economist Jobs in Springfield

Browse open economist positions in Springfield, MO:

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Frequently Asked Questions: Economist Salary in Springfield

How much does a Economist make in Springfield, MO? ▼
The median economist salary in Springfield, Missouri is $93,431 per year, which is 18% below the national median of $113,940. Salaries range from $50,840 (10th percentile) to $162,360 (90th percentile).
How much does a Economist make per hour in Springfield? ▼
Based on the median annual salary of $93,431, a economist in Springfield earns approximately $45 per hour assuming a standard 2,080-hour work year.
How does Springfield compare to the Missouri state average for economist pay? ▼
Springfield's median economist salary of $93,431 is 6.8% below the Missouri state average of $100,267. The local cost of living index is 82% of the national average.
What is the cost of living in Springfield, MO? ▼
Springfield has a cost of living index of 82% compared to the national average. This means a economist salary of $93,431 in Springfield has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Springfield? ▼
Most economist positions in Springfield 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.