Business & Finance North Dakota (ND) Rank #37 of 50

Economist Salary in North Dakota

The median economist salary in North Dakota is $102,546 per year, which is 10% below the national median of $113,940.

Median Salary
$102,546
vs National
$-11,394
State Rank
#37 of 50
Cost of Living
90%

Economist Salary Overview in North Dakota (2026)

North Dakota ranks #37 out of 50 states for economist compensation. Economist salaries in North Dakota are below the national median, though the lower cost of living can offset the difference. At $102,546 per year, economists in North Dakota earn $11,394 less than the national median of $113,940.

A key advantage of working in North Dakota is its below-average cost of living (90% of the national index). This means the $102,546 salary has the purchasing power of roughly $113,940 in an average-cost area.

The salary spread in North Dakota is significant: economists at the 10th percentile earn $55,800, while those at the 90th percentile bring home $178,200 — a $122,400 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in North Dakota for this role is Fargo, where the median reaches $107,104.

Nationally, economist employment is projected to grow 6% over the next decade (faster than average). This steady growth indicates stable demand for economists across the country.

Economist Salary in North Dakota by Experience

In North Dakota, an entry-level economist earns around $58,500, while experienced professionals earn up to $166,500 per year. The cost of living index in North Dakota is 90% of the national average.

Entry Level (0-2 yrs)
$58,500
$-6,500 vs national
Mid Level (3-7 yrs)
$103,500
$-11,500 vs national
Senior Level (8+ yrs)
$166,500
$-18,500 vs national

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Salary Percentiles in North Dakota

Percentile ND Salary
10th Percentile $55,800
25th Percentile $73,800
Median (50th) $102,546
75th Percentile $139,500
90th Percentile $178,200

Economist Salary by City in North Dakota

The largest employment areas for economists in North Dakota include Fargo, Bismarck, Grand Forks, and Minot. Salaries vary by city based on local cost of living and demand.

How to Become a Economist in North Dakota

Education

Most economist positions require a master's degree. North Dakota has several accredited institutions offering relevant programs.

Key Skills

EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis

Job Outlook in North Dakota

Nationally, economist employment is projected to grow 6% over the next decade (faster than average). North Dakota's demand may vary based on local industry trends.

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Frequently Asked Questions: Economist Salary in North Dakota

How much does a Economist make in North Dakota? ▼
The median economist salary in North Dakota is $102,546 per year, which is 10% below the national median of $113,940. Salaries range from $55,800 (10th percentile) to $178,200 (90th percentile).
How much does a Economist make per hour in North Dakota? ▼
Based on the median annual salary of $102,546, a economist in North Dakota earns approximately $49 per hour assuming a standard 2,080-hour work year.
Is North Dakota a good state for economists? ▼
North Dakota ranks #37 out of 50 states for economist pay. The cost of living index is 90% of the national average. Entry-level economists earn $58,500, while senior professionals earn $166,500.
How does North Dakota compare to other states for economist salary? ▼
The highest paying state for economists is Hawaii at $193,698. North Dakota's median of $102,546 ranks #37 nationally. Nearby-ranked states include Indiana ($102,546) and Michigan ($102,546).
What is the entry-level economist salary in North Dakota? ▼
An entry-level economist in North Dakota earns approximately $58,500 per year. With 3-7 years of experience, pay increases to around $103,500. Senior-level professionals with 8+ years earn up to $166,500.
What city in North Dakota pays economists the most? ▼
Fargo is the highest paying city in North Dakota for economists, with a median salary of $107,104. Other cities include Bismarck and Grand Forks.