Economists pay in Minnesota
In Minnesota, the median pay for economists is $50.54 an hour ($105,120 a year). About 500 people work in this job there.
That is 16% lower than the U.S. median ($124,720). Minnesota ranks 24th of 40 states and territories for this job’s median pay.
Pay range for economists in Minnesota
| Earns more than | Hourly | Yearly |
|---|---|---|
| 10% of workers | $28.07 | $58,380 |
| 25% of workers | $30.76 | $63,980 |
| Half of workers (median) | $50.54 | $105,120 |
| 75% of workers | $68.49 | $142,460 |
| 90% of workers | $95.13 | $197,870 |
Economists pay in Minnesota metro areas
| Metro area | Median yearly pay | People in this job |
|---|---|---|
| Minneapolis-St. Paul-Bloomington | $107,030 | 0 |
Minnesota unemployment rate: 4.4% (August 2026), U.S. Bureau of Labor Statistics.
Education, experience and outlook for economists
- Typical education to start: Master's degree (BLS)
- Related work experience most have: 1 to 2 years (O*NET)
- Job outlook: +4.7% over ten years, about as fast as average · about 1,100 openings a year (BLS)
Related jobs in Minnesota
| Job | Median yearly pay |
|---|---|
| Clinical and Counseling Psychologists | $107,030 |
| School Psychologists | $85,190 |
| Social Scientists and Related Workers, All Other | $103,330 |
| Urban and Regional Planners | $97,060 |
Other job titles for this job
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Post a job freeFind jobsCheck pay for any jobSource: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.