How Much do Economists Make in Illinois?

Do economists in Illinois make a lot of money? What is the average pay for Illinois economists?

According to the Bureau of Labor Statistics, economists in Illinois earn an average of $107,680 a year, equivalent to $51.77 an hour.

This is 8% less than economists nationwide, but it is 95% more than the typical Illinois worker.

  • Latest wage data is for May 2019
  • Pre-tax earnings; Wages only - does not include benefits
Illinois Economist Wages by Percentile
Percentile Hourly Annually
90th $77.31 $160,800
75th $61.48 $127,880
50th $49.38 $102,710
25th $38.21 $79,480
10th $31.01 $64,500
Illinois Economists Wages by Metro Area
  • Data is for the entire metro area, not just the city
Metro Area Hourly Annually
Chicago $51.83 $107,810
Illinois Economist Wages by Year
Year Hourly Annually
2019 $51.77 $107,680
2018 $52.26 $108,690
2017 $51.10 $106,280
2016 $54.11 $112,550
2015 $49.77 $103,530
2014 $48.98 $101,870
2013 $48.58 $101,040
2012 $49.21 $102,350
2011 $47.12 $98,020