Economist Salary in Wisconsin: $95,000 Average

Home › Life, Physical, and Social Science › Economist › Wisconsin

Average base salary, Wisconsin

$95,000 / year

≈ $7,900 per month · $45.67 per hour

LocationOr metro area

BLS May 2025 state data for Wisconsin · median $87,000

25th percentile
$75,500Average
$95,00075th percentile
$115,000

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, aged to 2026 using compounded market movement. State selections show BLS state-level figures where published. Actual pay varies with experience, industry, and organization size.

Economist salary by state

Alabama$131,500

Alaska$125,500

Arizona$103,000

Arkansas$97,500

California$138,500

Colorado$131,500

Connecticut$116,500

Delaware$154,000

District of Columbia$181,000

Florida$117,500

Georgia$136,500

Hawaii$92,500

Idaho$124,000

Indiana$100,000

Iowa$105,500

Kansas$156,000

Kentucky$87,000

Louisiana$92,000

Maine$101,000

Maryland$151,500

Massachusetts$138,000

Michigan$122,000

Minnesota$122,000

Missouri$138,500

Montana$100,500

Nebraska$89,500

Nevada$100,000

New Hampshire$101,500

New Jersey$167,500

New York$174,500

North Carolina$141,000

Ohio$137,000

Oklahoma$115,000

Oregon$120,500

Pennsylvania$121,500

Tennessee$128,000

Texas$140,000

Virginia$150,000

Washington$125,000

Wisconsin$95,000

About this role

Economist is a professional role in the Life, Physical, and Social Science job family. Pay for this title reflects both its level and its scope; see our Title Level and Organization Responsibility guides for how WePayFairly defines them.

What Economists do

Typical education: Master's Degree

Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.
Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.
Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations.
Explain economic impact of policies to the public.
Review documents written by others.

Top skills: Reading Comprehension Mathematics Critical Thinking Writing Speaking Judgment and Decision Making

Includes information from O*NET OnLine by the U.S. Department of Labor, Employment and Training Administration (CC BY 4.0).

Economist salary by industry

Federal, State, and Local Government, excl. State & Local Schools & Hospitals & USPS

8,610 workers

$126,000

Professional, Scientific, and Technical Services

5,810 workers

$167,000

Federal Government, including the U.S. Postal Service (OEWS Designation)

4,580 workers

$155,000

Finance and Insurance

1,630 workers

$189,500

Local Government, including Schools and Hospitals (OEWS Designation)

1,620 workers

$107,500

Other Services (except Public Administration)

500 workers

$143,500

Educational Services

370 workers

$114,000

Utilities

170 workers

$151,000

National sector-level figures, BLS OEWS May 2025, aged to 2026.

How this role compares

Economist pays 47% above the average across 48 roles in the Life, Physical, and Social Science job family (family average $100,000).

Similar-paying roles in Life, Physical, and Social Science

Political Scientist$147,500

Astronomer$137,500

Biochemists and Biophysicists$134,500

Physical Scientists, All Other$133,500

Materials Scientist$130,500

Medical Scientists, Except Epidemiologists$121,000

Geoscientists, Except Hydrologists and Geographers$120,500

Sociologist$119,000

Industrial-Organizational Psychologist$176,000

Physicist$177,000

Frequently asked questions

How much does a Economist make?

The average base salary for a Economist in the United States is $147,000 per year, or about $70.67 per hour.

What is the typical salary range?

Pay typically falls between $92,500 and $181,000 per year (25th to 75th percentile) depending on experience, location, industry, and organization size.

How does this compare with other Life, Physical, and Social Science roles?

The Life, Physical, and Social Science job family averages $100,000 across 48 roles tracked by WePayFairly.

Need a defensible market price for this role?
WePayFairly data is compiled from published survey sources and maintained by compensation professionals.

Explore Market Data Our Methodology