How much does an economist make in Michigan?
$106,400a year
Median yearly pay for economists in Michigan. That is $51.13 an hour or $8,863 a month.
- Hourly
- $51.13
- Vs. national median
- -15%
- Rank among states
- 23 of 40
- Jobs in the state
- 320
Pay range
Lowest 10%: $72,860Median: $106,400Highest 10%: $178,200
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $72,860 | $35.03 | |
| 25th | $82,030 | $39.44 | |
| Median | $106,400 | $51.13 | |
| 75th | $150,000 | $72.12 | |
| 90th | $178,200 | $85.66 |
Cities in Michigan
Metro areas, median yearly pay.
| Ann Arbor, MI | $129,000 |
| Detroit, MI | $106,400 |
| Lansing, MI | $88,320 |
Nearby in the ranking
States with similar pay for economists.
| 20. Alaska | $111,000 |
| 21. Washington | $109,300 |
| 22. Massachusetts | $106,400 |
| 23. Michigan | $106,400 |
| 24. Minnesota | $105,100 |
| 25. Florida | $102,400 |
| 26. Connecticut | $101,400 |
Frequently asked questions
How much does an economist make an hour in Michigan?
The median hourly pay in Michigan is $51.13 ($106,400 a year).
Do economists make more in Michigan than the national average?
No: $106,400 against $124,700 nationally, 15% less.
Where does Michigan rank for economist pay?
Michigan ranks 23 of 40 states.
Which city in Michigan pays economists the most?
Ann Arbor, MI, with a median of $129,000 a year.
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.