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Economists in Illinois

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Economists in Illinois

Considering a career as an Economist in Illinois?

4.2% Jobs Projection
$104,230 Median Salary
40 Job Openings

You’re in luck! Jobs for Economists in Illinois are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Economists in Illinois is growing slower than average.

  • Economists in Illinois earn higher salaries than the typical U.S. wage earner.

How Many Economists Work in Illinois?

In 2018, there were 380 Economists working in the state.

There were 360 Economists employed in this state in 2017.

That’s growth of 20 jobs between 2017 and 2018.

Economists in IL Employment Trend

The typical state has 145 Economists working in it, which means Illinois has more Economists than average.

Economists in IL vs. the Average State

Job Projections for Illinois

Jobs for Economists in this state are growing at a rate of 4.2% which is slower than the nationwide estimated projection of 6.1%.

Job Projections for Economists: Nation vs. IL

Illinois Annual Job Openings

The BLS estimates 40 annual job openings, and a total of 500 jobs for Illinois Economists in 2026.

Nationwide, the prediction is 1,600 annual jobs and 22,600 total jobs in 2026.

What do Economists Make in Illinois?

In 2018 wages for Economists ranged from $67,150 to $159,250 with $104,230 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $32.28 to $76.56. The median hourly rate was $50.11.

Workers in this field were paid a median of $49.1 an hour in 2017.

The hourly rate grew by $1.01.

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

Economists Earnings: IL vs. National Average

Top Illinois Metros for Economists

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

Metro Number Employed Annual Median Salary
Chicago-Naperville-Elgin, IL-IN-WI 340 $103,400
St. Louis, MO-IL 100 n/a

Top States for Economists Employment

View the list below to see where most Economists work.

State Number Employed Annual Median Salary
District of Columbia 6,380 $122,930
California 1,430 $114,660
Virginia 1,230 $122,230
Massachusetts 1,150 $107,580
Texas 830 $99,740
New York 750 $101,740
Maryland 700 $116,380
Pennsylvania 610 $84,520
Washington 400 $91,940
Illinois 380 $104,230
Georgia 330 $104,200
Minnesota 250 $68,050
Michigan 250 $80,990
Missouri 250 $91,350
Wisconsin 240 $69,060
Florida 240 $90,490
North Carolina 230 $80,400
Colorado 220 $101,670
Oregon 220 $88,330
New Jersey 180 $87,590

Below are the states where Economists get paid the most:

State Annual Median Salary
District of Columbia $122,930
Virginia $122,230
Maryland $116,380
California $114,660
Ohio $108,800
Massachusetts $107,580
Illinois $104,230
Georgia $104,200
New York $101,740
Colorado $101,670

References

More about our data sources and methodologies.

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