Economists pay range in Milwaukee
New workers and the lowest-paid 10% earn about $53,340 a year or less, while the top 10% make $121,280 or more. The middle half of economists in Milwaukee earn between $53,340 and $96,600.
- $53K10th
- $53K25th
- $77KMedian
- $97K75th
- $121K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $82,420 | $6,868 | $39.62 |
| Median | $76,900 | $6,408 | $36.97 |
| Entry level (25th percentile) | $53,340 | $4,445 | $25.64 |
| Experienced (75th percentile) | $96,600 | $8,050 | $46.44 |
*Hourly figures assume 2,080 paid hours a year.
Economists salary after taxes in Milwaukee
On the average salary of $82,420, a single filer in Milwaukee takes home about $63,428 a year, or $5,286 a month and $2,440 every two weeks. Taxes take 23% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
Is Milwaukee a good place for economists? Pay vs. cost of living
Prices in the Milwaukee area are 3% below the U.S. average (BEA price parity 96.9), so the average $82,420 buys what about $85,024 would buy in a typical U.S. metro. This job pays 1.5 times the median wage of all jobs in Milwaukee ($51,160). A typical home costs $390,238, or 4.7 years of this average salary before tax.
Economists salary in other Wisconsin cities
Milwaukee ranks 2nd of 2 Wisconsin metro areas for this job; Madison pays the most ($97,510).
- Madison$97,510
- Milwaukee$82,420
Highest-paying cities for economists
New York, NY pays this job the most of the metro areas we cover ($184,860).
- New York, NY$184,860
- Washington, DC$166,140
- Durham, NC$159,310
- St. Louis, MO$156,690
- Los Angeles, CA$155,860
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Economists salary in Milwaukee: questions
How much do economists make an hour in Milwaukee?
$39.63 an hour on average, and $36.97 at the median (BLS, May 2025).
What is the entry-level economists salary in Milwaukee?
The lowest-paid 10% earn about $53,340 a year and the 25th percentile is $53,340, a fair guide to starting pay.
What is the economists take-home pay in Milwaukee?
About $63,428 a year ($5,286 a month) for a single filer on the average salary of $82,420.
Do economists earn more in Milwaukee than elsewhere?
The average here is 44% less than the U.S. metro average for this job ($145,984).
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; area Milwaukee-Waukesha, WI (33340). Relative standard error of the mean wage: 1.1%.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
- Job concentration: location quotient 1.07, this job is about as common as in the U.S. overall.
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