Wages tend to be higher for economists who have a PhD, and lower for those who have less education.
Economists who work full time generally receive benefits. Typical benefits include sick leave, paid vacation, and health insurance.
Economists (SOC 19-3011)
| Location |
Pay Period | |
||
| 25% |
Median |
75% |
||
| Illinois | Hourly | $51.38 | $67.26 | $84.21 |
| Yearly | $106,874 | $139,905 | $175,151 | |
| Cook County | Hourly | $52.86 | $67.36 | $84.71 |
| Yearly | $109,941 | $140,124 | $176,198 | |
| Peoria-Bloomington Area | Hourly | $50.91 | $58.81 | $76.41 |
| Yearly | $105,904 | $122,309 | $158,927 | |
| United States | Hourly | $39.33 | $54.78 | $75.45 |
| Yearly | $81,810 | $113,940 | $156,940 | |