2024 Salary Data

Economists Salary in Chicago-Naperville-Elgin, IL-IN

Economistss in Chicago-Naperville-Elgin, IL-IN earn a median salary of $123,140 per year, which is 6.7% higher than the national median.

Median Salary

$123,140

↑6.7%vs national

Entry Level

$68,120

10th percentile

Experienced

$225,440

90th percentile

Employed

470

in Chicago-Naperville-Elgin, IL-IN

Salary Distribution

Shows salary range from entry-level (10th percentile) to top earners (90th percentile)

How Much Do Economistss Make in Chicago-Naperville-Elgin, IL-IN?

According to the Bureau of Labor Statistics, Economistss in the Chicago-Naperville-Elgin, IL-IN metropolitan area earn a median annual salary of $123,140. The salary range varies significantly based on experience, with entry-level positions starting around $68,120 and experienced professionals earning up to $225,440 or more.

Entry Level

0-2 years experience

$68,120 - $82,210

Mid Career

2-8 years experience

$82,210 - $168,230

Senior Level

8+ years experience

$168,230 - $225,440

Chicago-Naperville-Elgin, IL-IN vs National Average

Chicago-Naperville-Elgin, IL-IN$123,140

National Average$115,440

Economistss in Chicago-Naperville-Elgin, IL-IN earn 6.7% more than the national median of $115,440.

Quick Facts

Occupation: Economists
SOC Code: 193011
Location: Chicago-Naperville-Elgin, IL-IN
Data Year: 2024
Total Employed: 470

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Frequently Asked Questions

What is the average salary for a Economists in Chicago-Naperville-Elgin, IL-IN?

The median annual salary for Economists in Chicago-Naperville-Elgin, IL-IN is $123,140, according to Bureau of Labor Statistics data from 2024. This is 6.7% higher than the national median.

What is the starting salary for Economists in Chicago-Naperville-Elgin, IL-IN?

Entry-level Economists positions in Chicago-Naperville-Elgin, IL-IN typically start around $68,120 to $82,210 annually (10th to 25th percentile).

How much can experienced Economistss make in Chicago-Naperville-Elgin, IL-IN?

Experienced Economistss in Chicago-Naperville-Elgin, IL-IN can earn $168,230 to $225,440 annually (75th to 90th percentile).

How does Economists salary in Chicago-Naperville-Elgin, IL-IN compare to the national average?

Economistss in Chicago-Naperville-Elgin, IL-IN earn 6.7% more than the national median of $115,440.

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