Business & Finance Minot, ND Pop. 48,639

Economist Salary in Minot, North Dakota

The median economist salary in Minot, ND is $104,825 per year, which is 8% below the national median and 2.2% above the North Dakota state average.

City Median
$104,825
vs State Avg
+$2,279
vs National
$-9,115
Cost of Living
92%

Economist Pay in Minot: What to Expect (2026)

Minot offers a median economist salary of $104,825, which is $2,279 above the North Dakota state average of $102,546. Compared to the national median of $113,940, Minot pays below the national benchmark for this role.

Minot's cost of living is 92% 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 Minot spans from $57,040 at the 10th percentile to $182,160 at the 90th percentile — a $125,120 spread. Entry-level professionals start around $59,800, while senior economists with 8+ years of experience can earn up to $170,200. Minot is a smaller market (pop. 48,639), which may mean fewer openings but also less competition for available positions.

Economist Salary in Minot by Experience

In Minot, an entry-level economist earns around $59,800, while experienced professionals earn up to $170,200 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$59,800
$-5,200 vs national
Mid Level (3-7 yrs)
$105,800
$-9,200 vs national
Senior Level (8+ yrs)
$170,200
$-14,800 vs national

Salary Percentiles in Minot, ND

Percentile Minot
10th Percentile $57,040
25th Percentile $75,440
Median (50th) $104,825
75th Percentile $142,600
90th Percentile $182,160

Economist Salary in Other North Dakota Cities

How to Become a Economist in Minot

Education

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

Find Economist Jobs in Minot

Browse open economist positions in Minot, ND:

Frequently Asked Questions: Economist Salary in Minot

How much does a Economist make in Minot, ND? ▼
The median economist salary in Minot, North Dakota is $104,825 per year, which is 8% below the national median of $113,940. Salaries range from $57,040 (10th percentile) to $182,160 (90th percentile).
How much does a Economist make per hour in Minot? ▼
Based on the median annual salary of $104,825, a economist in Minot earns approximately $50 per hour assuming a standard 2,080-hour work year.
How does Minot compare to the North Dakota state average for economist pay? ▼
Minot's median economist salary of $104,825 is 2.2% above the North Dakota state average of $102,546. The local cost of living index is 92% of the national average.
What is the cost of living in Minot, ND? ▼
Minot has a cost of living index of 92% compared to the national average. This means a economist salary of $104,825 in Minot has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Minot? ▼
Most economist positions in Minot 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.