Economist Salary in Illinois
Explore economist salaries in Illinois including median pay, entry-level and senior compensation, and how it compares to the national average.
Salary Breakdown
| Pay Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $57,226 | $96,569 | $132,335 |
| Monthly | $4,769 | $8,047 | $11,028 |
| Biweekly | $2,201 | $3,714 | $5,090 |
| Weekly | $1,101 | $1,857 | $2,545 |
| Hourly | $28 | $46 | $64 |
IL vs National Comparison
About This Career
Research economic data and trends to inform policy and business decisions.
Education
Bachelor's degree in Economics; Master's or PhD common for research roles
Key Skills
Compare Jobs
Compare salaries for other business & finance jobs in Illinois:
Explore Related Data for a Economist in Illinois
Dig into every angle of a economist salary ($96,569 median) in Illinois — take-home pay, affordability, taxes, mortgage, retirement, and city-level data.
Take-home pay on $96,569 in Illinois
Federal, state, Social Security, and Medicare — what you keep after taxes.
What you can afford on $96,569 in Illinois
Home price, rent, and monthly spending guidelines for this income.
Tax brackets on $96,569 in Illinois
Exactly which federal and state brackets your salary crosses.
$400,000 mortgage in Illinois
Monthly payment, property tax, and total interest at typical rates.
Retirement at 30 earning $100,000
Savings benchmarks and projections for your income level.
Economist salary in Chicago
Drill down to city-level salary data for Chicago, Illinois.
Frequently Asked Questions
What is the median economist salary in Illinois?
The median economist salary in Illinois is $96,569, compared to a national median of $91,970.
What is the entry-level economist salary in Illinois?
Entry-level economist positions in Illinois typically pay around $57,226 annually.
What is the senior economist salary in Illinois?
Senior economist professionals in Illinois earn around $132,335 annually.
What is the job growth outlook for economist?
The projected 10-year job growth outlook for economist positions is 17%, which indicates strong demand in this field.
What education is needed to become a economist?
Bachelor's degree in Economics; Master's or PhD common for research roles