Business & Finance Racine, WI Pop. 77,816

Economist Salary in Racine, Wisconsin

The median economist salary in Racine, WI is $97,988 per year, which is 14% below the national median and 6.5% below the Wisconsin state average.

City Median
$97,988
vs State Avg
$-6,837
vs National
$-15,952
Cost of Living
86%

Economist Pay in Racine: What to Expect (2026)

Racine offers a median economist salary of $97,988, which is $6,837 below the Wisconsin state average of $104,825. Compared to the national median of $113,940, Racine pays below the national benchmark for this role.

One of Racine's biggest advantages is its low cost of living at 86% of the national average. This means the $97,988 salary stretches further here — equivalent to roughly $113,940 in an average-cost city. This makes Racine an attractive option for economists seeking strong real-dollar compensation.

The salary range for economists in Racine spans from $53,320 at the 10th percentile to $170,280 at the 90th percentile — a $116,960 spread. Entry-level professionals start around $55,900, while senior economists with 8+ years of experience can earn up to $159,100. Racine is a smaller market (pop. 77,816), which may mean fewer openings but also less competition for available positions.

Economist Salary in Racine by Experience

In Racine, an entry-level economist earns around $55,900, while experienced professionals earn up to $159,100 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$55,900
$-9,100 vs national
Mid Level (3-7 yrs)
$98,900
$-16,100 vs national
Senior Level (8+ yrs)
$159,100
$-25,900 vs national

Salary Percentiles in Racine, WI

Percentile Racine
10th Percentile $53,320
25th Percentile $70,520
Median (50th) $97,988
75th Percentile $133,300
90th Percentile $170,280

Economist Salary in Other Wisconsin Cities

Madison, WI
$113,940
Pop. 269,840
Milwaukee, WI
$104,825
Pop. 577,222
Kenosha, WI
$102,546
Pop. 99,986
Green Bay, WI
$100,267
Pop. 107,395

How to Become a Economist in Racine

Education

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

Find Economist Jobs in Racine

Browse open economist positions in Racine, WI:

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Frequently Asked Questions: Economist Salary in Racine

How much does a Economist make in Racine, WI? ▼
The median economist salary in Racine, Wisconsin is $97,988 per year, which is 14% below the national median of $113,940. Salaries range from $53,320 (10th percentile) to $170,280 (90th percentile).
How much does a Economist make per hour in Racine? ▼
Based on the median annual salary of $97,988, a economist in Racine earns approximately $47 per hour assuming a standard 2,080-hour work year.
How does Racine compare to the Wisconsin state average for economist pay? ▼
Racine's median economist salary of $97,988 is 6.5% below the Wisconsin state average of $104,825. The local cost of living index is 86% of the national average.
What is the cost of living in Racine, WI? ▼
Racine has a cost of living index of 86% compared to the national average. This means a economist salary of $97,988 in Racine has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Racine? ▼
Most economist positions in Racine 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.