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 | $40.60 | $55.70 | $74.52 |
| Yearly | $84,444 | $115,855 | $155,001 | |
| Champaign Area | Hourly | $24.07 | $32.07 | $42.98 |
| Yearly | $50,067 | $66,694 | $89,388 | |
| Chicago-Naperville-Elgin | Hourly | $39.53 | $59.20 | $80.88 |
| Yearly | $82,210 | $123,140 | $168,230 | |
| Cook County | Hourly | $40.59 | $59.96 | $85.15 |
| Yearly | $84,445 | $124,701 | $177,110 | |
| Du Page County | Hourly | $53.62 | $67.20 | $80.84 |
| Yearly | $111,527 | $139,773 | $168,145 | |
| United States | Hourly | $39.55 | $55.50 | $79.82 |
| Yearly | $82,260 | $115,440 | $166,030 | |