How much does an economist make in Madison?
$88,770a year
Median yearly pay for economists in the Madison, WI metro area. That is $42.68 an hour or $7,398 a month.
- Hourly
- $42.68
- Vs. national median
- -29%
- Rank among cities
- 51 of 62
- Jobs in the area
- 100
Pay range
Lowest 10%: $75,440Median: $88,770Highest 10%: $132,600
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $75,440 | $36.27 | |
| 25th | $78,520 | $37.75 | |
| Median | $88,770 | $42.68 | |
| 75th | $111,900 | $53.79 | |
| 90th | $132,600 | $63.75 |
Other cities in Wisconsin
Median yearly pay for economists.
| Minneapolis, MN | $107,000 |
| Milwaukee, WI | $76,900 |
Related jobs in Madison
Same field, median yearly pay.
| Physicist | $136,500 |
| Atmospheric and Space Scientist | $108,000 |
| Clinical and Counseling Psychologist | $107,500 |
| Biochemist and Biophysicist | $106,500 |
| Urban and Regional Planner | $103,900 |
| Social Scientist and Related Worker | $88,830 |
| Occupational Health and Safety Specialist | $86,650 |
| Medical Scientist | $85,570 |
| Conservation Scientist | $85,110 |
| Psychologist | $85,100 |
Frequently asked questions
How much does an economist make an hour in Madison?
The median hourly pay in the Madison, WI metro area is $42.68 ($88,770 a year).
Do economists make more in Madison than the national average?
No: $88,770 against $124,700 nationally, 29% less.
How does Madison compare with the rest of Wisconsin?
The median in Wisconsin is $84,000, so Madison pays 6% more.
Where does Madison rank for economist pay?
51 of 62 metro areas with data.
How much does an economist make starting out in Madison?
The lowest-paid 10% make $75,440 or less a year; the top 10% make $132,600 or more.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.