The average salary for an economist in Indiana is around $80,750 per year.
Avg Salary
Economists earn an average yearly salary of $80,750.
Wages typically start from $47,350 and go up to $163,380.
47% above national average Updated in 2025
Economist earnings by seniority
90th percentile
Top-level economist earnings begin at:
$78.55 per hour
$163,380 per year
75th percentile
Senior-level economist earnings begin at:
$69.54 per hour
$144,640 per year
50th percentile
Mid-level economist earnings begin at:
$38.82 per hour
$80,750 per year
25th percentile
Junior-level economist earnings begin at:
$22.77 per hour
$47,350 per year
10th percentile
Starting level economist earnings begin at:
$22.77 per hour
$47,350 per year
Approximate values based on highest and lowest earning segments.
Economist salary by state
| State Name | Average Salary |
|---|---|
| Iowa | $96,310 |
| Arkansas | $91,560 |
| Maine | $91,480 |
| Nevada | $91,340 |
| Utah | $90,750 |
| Oklahoma | $89,980 |
| Montana | $89,340 |
| New Hampshire | $86,130 |
| Wisconsin | $84,000 |
| Hawaii | $83,050 |
| Vermont | $81,700 |
| Indiana | $80,750 |
| Arizona | $79,610 |
| Nebraska | $75,880 |
| South Carolina | $75,380 |
| Louisiana | $73,050 |
| Wyoming | $72,730 |
| Kentucky | $71,400 |
| New Mexico | $67,700 |
| Mississippi | $65,410 |
| West Virginia | $65,350 |
| Puerto Rico | $35,640 |
| 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 |
| Georgia | $122,570 |
| Oregon | $122,120 |
| Texas | $121,420 |
| Colorado | $121,410 |
| Ohio | $120,000 |
| California | $119,410 |
| Tennessee | $117,650 |
| Missouri | $117,010 |
| Pennsylvania | $115,000 |
| Alaska | $111,040 |
| Washington | $109,300 |
| Massachusetts | $106,380 |
| Michigan | $106,350 |
| Illinois | $105,980 |
| Minnesota | $105,120 |
| Florida | $102,430 |
| Connecticut | $101,400 |
How do economist salaries compare to similar careers?
Economists earn about the same as related careers in Indiana. On average, they make less than actuaries but more than risk management specialists.
| Career | Median Salary |
|---|---|
| Actuary salary | $101K |
| Business analyst salary | $96K |
| Mathematician salary | $88K |
| Supply chain manager salary | $80K |
| Investment fund manager salary | $80K |
| Economist salary | $81K |
| Stock trader salary | $68K |
| Securities and commodities broker salary | $68K |
| Investment banker salary | $92K |
| Risk management specialist salary | $92K |
Source: CareerExplorer (Aggregated)