Economists Salary in Chicago, IL (2024)
Source: BLS OEWS May 2024 · Chicago-Naperville-Elgin, IL-IN · 470 employed
The average Economists salary in Chicago, IL is $135,790 per year. The middle 50% of Economistss earn between $82,210 and $168,230. Top earners in the 90th percentile make $225,440 or more. Entry-level positions typically start around $68,120. The median of $123,140 is above the mean, reflecting the wage distribution in this field.
Economists Salary Breakdown in Chicago, IL
| Percentile | Annual Salary |
|---|---|
| 10th Percentile (Entry-level) | $68,120 |
| 25th Percentile | $82,210 |
| Median (50th Percentile) | $123,140 |
| Mean (Average) | $135,790 |
| 75th Percentile | $168,230 |
| 90th Percentile (Top earners) | $225,440 |
Related Jobs in Chicago, IL
| Occupation | Mean Annual |
|---|---|
| Atmospheric and Space Scientists | $181,620 |
| Sociologists | $140,040 |
| Physicists | $129,980 |
| Materials Scientists | $126,390 |
| Physical Scientists, All Other | $121,750 |
| Clinical and Counseling Psychologists | $108,730 |
Economists Salaries in Other Cities
| City | Mean Annual |
|---|---|
| Ann Arbor, MI | $183,190 |
| New York, NY | $182,320 |
| Washington, DC | $160,290 |
| Boston, MA | $151,950 |
| San Francisco, CA | $148,970 |
| Seattle, WA | $146,040 |
| Houston, TX | $144,370 |
| Richmond, VA | $143,270 |
Frequently Asked Questions
What is the average Economists salary in Chicago, IL?
The average Economists salary in Chicago, IL is $135,790 per year, according to BLS OEWS May 2024.
What is the median Economists salary in Chicago, IL?
The median Economists salary in Chicago, IL is $123,140 per year. Half of Economistss earn more than this and half earn less.
How much do entry-level Economistss make in Chicago, IL?
Entry-level Economistss in Chicago, IL typically earn around $68,120 per year (10th percentile). Workers in the 25th percentile earn about $82,210.
What do the highest-paid Economistss earn in Chicago, IL?
The highest-paid Economistss in Chicago, IL earn $225,440 or more per year (90th percentile). The 75th percentile wage is $168,230.
How many Economistss work in Chicago, IL?
There are approximately 470 Economistss employed in the Chicago-Naperville-Elgin, IL-IN area, per BLS OEWS May 2024.