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Economics Professors in Illinois

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Economics Professors in Illinois

Get the information you need to know about working as an Economics Professor.

$110,310 Median Salary
40 Job Openings
  • Economics Professors in Illinois earn higher salaries than the typical U.S. wage earner.

How Many Economics Professors Work in Illinois?

There were approximately 520 workers employed as Economics Professors in this state in 2018.

There were 530 Economics Professors employed in this state in 2017.

That’s a decline of 10 jobs between 2017 and 2018.

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The typical state has 180 Economics Professors working in it, which means Illinois has more Economics Professors than average.

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Job Projections for Illinois

Jobs for Economics Professors in this state are not projected to grow or decrease, but nationwide they are growing at a rate of 10.9%.

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Illinois Annual Job Openings

The BLS is projecting 40 annual Economics Professors job openings in Illinois, and 510 total jobs in the year 2026.

Nationwide, the prediction is 1,500 annual jobs and 18,300 total jobs in 2026.

What do Economics Professors Make in Illinois?

In 2018 wages for Economics Professors ranged from $50,040 to $208,000 with $110,310 being the median annual salary.

The median salary in Illinois is higher than the nationwide median salary.

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Top Illinois Metros for Economics Professors

The table below shows some of the metros in this state with the most Economics Professors.

Metro Number Employed Annual Median Salary
Chicago-Naperville-Elgin, IL-IN-WI 380 $116,930
St. Louis, MO-IL 60 n/a

Top States for Economics Professors Employment

View the list below to see where most Economics Professors work.

State Number Employed Annual Median Salary
New York 1,650 $110,710
Texas 1,020 $97,220
Massachusetts 870 $110,630
Pennsylvania 710 $109,360
California 700 $125,160
North Carolina 580 $91,330
Illinois 520 $110,310
Ohio 470 $99,920
Virginia 440 $92,790
Florida 340 $100,530
New Jersey 340 $102,430
Michigan 300 $103,650
Minnesota 300 $95,020
Indiana 300 $113,370
Colorado 290 $97,920
Washington 260 $70,300
Connecticut 240 $94,260
District of Columbia 230 $101,460
Maryland 230 $96,970
Wisconsin 200 $95,620

Below are the states where Economics Professors get paid the most:

State Annual Median Salary
New Hampshire $134,270
Rhode Island $133,140
California $125,160
Iowa $120,140
Tennessee $115,120
Indiana $113,370
Utah $112,470
Kansas $112,120
New York $110,710
Massachusetts $110,630

You may also be interested in the following careers:

Occupation IL Employment Total

What Major Will Prepare You For an Economics Professor Career?

References

More about our data sources and methodologies.

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