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 | $36.36 | $51.60 | $70.16 |
| Yearly | $75,630 | $107,330 | $145,934 | |
| Champaign Area | Hourly | $23.83 | $31.75 | $42.55 |
| Yearly | $49,577 | $66,043 | $88,516 | |
| Cook County | Hourly | $38.59 | $51.60 | $78.33 |
| Yearly | $80,280 | $107,330 | $162,946 | |
| Dekalb-Elgin-Aurora Area | Hourly | $25.60 | $25.60 | $55.57 |
| Yearly | $53,255 | $53,255 | $115,582 | |
| Du Page County | Hourly | $25.60 | $68.16 | $85.22 |
| Yearly | $53,255 | $141,790 | $177,240 | |
| Springfield Area | Hourly | $37.58 | $45.81 | $58.73 |
| Yearly | $78,176 | $95,284 | $122,154 | |
| United States | Hourly | $39.58 | $55.64 | $79.84 |
| Yearly | $82,330 | $115,730 | $166,070 | |