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Economists in Michigan

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Economists in Michigan

Considering a career as an Economist in Michigan?

8.3% Jobs Projection
$80,990 Median Salary
30 Job Openings

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

  • Projected employment for Economists in Michigan is growing faster than average.

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

How Many Economists Work in Michigan?

There were approximately 250 workers employed as Economists in this state in 2018.

There were 270 Economists employed in this state in 2017.

That’s a decline of 20 jobs between 2017 and 2018.


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


Job Projections for Michigan

Jobs for Economists in this state are growing at a rate of 8.3% which is faster than the nationwide estimated projection of 6.1%.


Michigan Annual Job Openings

The BLS estimates 30 annual job openings, and a total of 390 jobs for Michigan Economists in 2026.

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

What do Economists Make in Michigan?

In 2018 wages for Economists ranged from $50,080 to $130,270 with $80,990 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $24.08 to $62.63. The median hourly rate was $38.94.

Workers in this field were paid a median of $37.84 an hour in 2017.

The hourly rate grew by $1.10.

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


Top Michigan Metros for Economists

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

Metro Number Employed Annual Median Salary
Detroit-Warren-Dearborn, MI 80 $78,750
Ann Arbor, MI 50 $91,020
Lansing-East Lansing, MI 50 $78,760

Top States for Economists Employment

The table below shows the states 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


More about our data sources and methodologies.

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