Economist salary in Indiana
Economists in Indiana earn a median of $80,750 a year ($38.82 an hour), based on BLS data for 80 workers.
Pay ranges from $47,350 for the lowest-paid 10% to $163,380 for the top 10%. That is 35% lower than the national median of $124,720. Indiana ranks 36th of 40 states for economists pay. There are 0.02 economists per 1,000 jobs here — the job is less common than nationally (location quotient 0.21). The average (mean) salary is $96,780, above the median because a few high earners pull it up.
Pay range for economists in Indiana
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $47,350 | $22.77 |
| 25th percentile | $47,350 | $22.77 |
| Median | $80,750 | $38.82 |
| 75th percentile | $144,640 | $69.54 |
| 90th percentile (top earners) | $163,380 | $78.55 |
| Average (mean) | $96,780 | $46.53 |
Half of economists earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $6,729.17 |
| Semi-monthly (24 a year) | $3,364.58 |
| Biweekly (26 a year) | $3,105.77 |
| Weekly | $1,552.88 |
| Hourly | $38.82 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Economist salary in cities in Indiana
| Metro area | Median salary | Workers |
|---|---|---|
| Indianapolis-Carmel-Greenwood, IN | $138,260 | 30 |
| Cincinnati, OH-KY-IN | $120,740 | 40 |
Highest-paying states for economists
| State | Median salary |
|---|---|
| District of Columbia | $167,590 |
| New Jersey | $167,550 |
| Delaware | $159,120 |
| Maryland | $144,680 |
| Kansas | $138,790 |
| Virginia | $137,590 |
| New York | $136,660 |
| North Carolina | $136,150 |
| Idaho | $131,270 |
| Alabama | $129,960 |
Related jobs in Indiana
| Job | Median salary | Hourly |
|---|---|---|
| Clinical and Counseling Psychologists | $84,990 | $40.86 |
| School Psychologist | $77,640 | $37.33 |
| Urban and Regional Planners | $70,760 | $34.02 |
| Psychologists, All Other | $123,640 | $59.44 |
| Anthropologists and Archeologists | $63,730 | $30.64 |
| Historian | $63,770 | $30.66 |
| Social Scientists and Related Workers, All Other | $89,440 | $43.00 |
| Occupational Health and Safety Specialists | $83,470 | $40.13 |
| Chemist | $78,770 | $37.87 |
| Medical Scientists, Except Epidemiologists | $81,110 | $39.00 |
| Chemical Technician | $59,290 | $28.50 |
| Occupational Health and Safety Technicians | $60,150 | $28.92 |
| Environmental Scientists and Specialists, Including Health | $64,700 | $31.11 |
| Physical Scientists, All Other | $68,670 | $33.02 |
More: Life, Physical, and Social Science Occupations · all salaries in Indiana
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 19-3011. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a economist make in Indiana?
The median salary for economists in Indiana is $80,750 a year, or $38.82 an hour. Pay ranges from $47,350 for the lowest-paid 10% to $163,380 for the top 10%.
How much do the highest-paid economists make in Indiana?
The top 10% of economists in Indiana earn at least $163,380 a year. The top 25% earn $144,640 or more.
What is the starting pay for economists in Indiana?
Entry-level pay (the 10th percentile) is about $47,350 a year, and a quarter of economists earn $47,350 or less.
How many economists work in Indiana?
About 80 economists are employed in Indiana, not counting the self-employed.