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How much does an economist make in Minneapolis?

$107,000a year

Median yearly pay for economists in the Minneapolis-St. Paul-Bloomington, MN-WI metro area. That is $51.46 an hour or $8,919 a month.

Hourly
$51.46
Vs. national median
-14%
Rank among cities
34 of 62
Pay range
Lowest 10%: $63,980Median: $107,000Highest 10%: $204,100
PercentileYearlyHourly
10th$63,980$30.76
25th$64,020$30.78
Median$107,000$51.46
75th$151,700$72.91
90th$204,100$98.14

Other cities in Minnesota

Median yearly pay for economists.

No other city in the state with data.
Economist salary in Minnesota Economist salary in all states

Related jobs in Minneapolis

Same field, median yearly pay.

Physical Scientist$176,400
Physicist$168,500
Materials Scientist$132,200
Psychologist$122,500
Clinical and Counseling Psychologist$108,500
Epidemiologist$104,500
Urban and Regional Planner$104,000
Social Scientist and Related Worker$103,300
Medical Scientist$102,900
Food Scientist and Technologist$101,800
Salaries for every job in Minneapolis, MN

Frequently asked questions

How much does an economist make an hour in Minneapolis?

The median hourly pay in the Minneapolis-St. Paul-Bloomington, MN-WI metro area is $51.46 ($107,000 a year).

Do economists make more in Minneapolis than the national average?

No: $107,000 against $124,700 nationally, 14% less.

How does Minneapolis compare with the rest of Minnesota?

The median in Minnesota is $105,100, so Minneapolis pays 2% more.

Where does Minneapolis rank for economist pay?

34 of 62 metro areas with data.

How much does an economist make starting out in Minneapolis?

The lowest-paid 10% make $63,980 or less a year; the top 10% make $204,100 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.