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SOC 19-3011 · Minnesota

Economists Salary in Minnesota

In Minnesota we have BLS pay data for economists in Minneapolis only, where the average is $127,990 a year. Statewide, BLS puts the economists average at $117,980 and the median at $105,120 for 500 workers. The U.S. average for this job is $142,130.

$128Khighest: Minneapolis

$128Klowest: Minneapolis

0jobs in these metros

1metro areas

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Economists average salary by city in Minnesota

Minneapolis$127,990

Pay, take-home pay and cost of living

City	Average	Median	25th pct.	Take-home*	Cost of living
Minneapolis	$127,990	$107,030	$64,020	$91,533	105

*Average salary after federal and state taxes for a single filer; Minnesota Paid Leave premiums are not included. Cost of living: BEA price parity, U.S. = 100.

Economists salary in other states

Economists salary by city and state

More about pay in Minnesota

Sources and how to read this page

Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 19-3011.
U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.

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