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How much does an economist make in Minnesota?

$105,100a year

Median yearly pay for economists in Minnesota. That is $50.54 an hour or $8,760 a month.

Hourly
$50.54
Vs. national median
-16%
Rank among states
24 of 40
Jobs in the state
500
Pay range
Lowest 10%: $58,380Median: $105,100Highest 10%: $197,900
PercentileYearlyHourly
10th$58,380$28.07
25th$63,980$30.76
Median$105,100$50.54
75th$142,500$68.49
90th$197,900$95.13

Cities in Minnesota

Metro areas, median yearly pay.

Minneapolis, MN$107,000
Salaries for every job in Minnesota

Nearby in the ranking

States with similar pay for economists.

21. Washington$109,300
22. Massachusetts$106,400
23. Michigan$106,400
24. Minnesota$105,100
25. Florida$102,400
26. Connecticut$101,400
27. Iowa$96,310
Economist salary in all states

Frequently asked questions

How much does an economist make an hour in Minnesota?

The median hourly pay in Minnesota is $50.54 ($105,100 a year).

Do economists make more in Minnesota than the national average?

No: $105,100 against $124,700 nationally, 16% less.

Where does Minnesota rank for economist pay?

Minnesota ranks 24 of 40 states.

Which city in Minnesota pays economists the most?

Minneapolis-St. Paul-Bloomington, MN-WI, with a median of $107,000 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.