Business & Finance Mitchell, SD
Pop. 15,660
Economist Salary in Mitchell, South Dakota
The median economist salary in Mitchell, SD is $93,431 per year, which is 18% below the national median and 6.8% below the South Dakota state average.
City Median
$93,431
vs State Avg
$-6,836
vs National
$-20,509
Cost of Living
82%
Economist Salary in Mitchell by Experience
In Mitchell, 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 Mitchell, SD
| Percentile | Mitchell |
|---|---|
| 10th Percentile | $50,840 |
| 25th Percentile | $67,240 |
| Median (50th) | $93,431 |
| 75th Percentile | $127,100 |
| 90th Percentile | $162,360 |
Economist Salary in Other South Dakota Cities
How to Become a Economist in Mitchell
Education
Most economist positions require a master's degree. Mitchell and the surrounding South 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 Mitchell may vary based on local industry and population growth.