2024 wage data from the Bureau of Labor Statistics
Economists is a high-paying occupation in Minneapolis, MN-WI, with a median annual salary of $108,230. Economistss in Minneapolis, MN-WI earn $7,210 less (6%) than the national median of $115,440. Experienced Economistss can expect to roughly double their starting salary over their career.
Economistss in Minneapolis, MN-WI earn $7,210 less (6%) than the national median of $115,440.
Only 150 Economistss work in Minneapolis, MN-WI. Consider nearby metro areas for more opportunities.
Cost of Living Consideration
When evaluating this salary, factor in Minneapolis, MN-WI's cost of living. Housing, transportation, and taxes vary significantly between cities and can impact how far your paycheck goes.
| Percentile | Annual Salary | Monthly |
|---|---|---|
| 10th Percentile | $77,450 | $6,454 |
| 25th Percentile | $95,750 | $7,979 |
| Median | $108,230 | $9,019 |
| 75th Percentile | $130,140 | $10,845 |
| 90th Percentile | $163,340 | $13,612 |
| Mean (Average) | $116,160 | $9,680 |
| Metro Area | Median Salary |
|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | $168,850 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $157,980 |
| San Francisco-Oakland-Berkeley, CA | $134,410 |
| Houston-The Woodlands-Sugar Land, TX | $131,160 |
| Seattle-Tacoma-Bellevue, WA | $129,280 |
| Atlanta-Sandy Springs-Alpharetta, GA | $127,220 |
| Baltimore-Columbia-Towson, MD | $125,630 |
| Chicago-Naperville-Elgin, IL-IN-WI | $123,140 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $121,820 |
| Richmond, VA | $118,610 |
| Occupation | Median Salary |
|---|---|
| Physicists | $215,340 |
| Computer and Information Systems Managers | $173,630 |
| Architectural and Engineering Managers | $170,970 |
| Marketing Managers | $169,760 |
| Financial Managers | $163,330 |
| Managers, All Other | $161,320 |
| Nuclear Engineers | $150,260 |
| Lawyers | $150,110 |
| Aerospace Engineers | $147,940 |
| Natural Sciences Managers | $134,900 |
Estimate your after-tax income. Compare your real purchasing power across different states and salary levels.
Annual Take-Home
$84,299
Monthly
$7,025
Bi-Weekly
$3,242
Effective Tax Rate
22.1%
* Estimate only. Does not include local taxes, deductions, or credits. Need help with your finances? Consider consulting a certified financial planner or exploring high-yield savings accounts to maximize your take-home pay.
The cost of living in Minneapolis, MN is 4.8% above the national average (index: 104.8). See full cost breakdown →
After adjusting for local cost of living, the purchasing power of Minneapolis, MN salaries is equivalent to $84,189 in an average-cost US city.
Data verified March 2026 · Source: Bureau of Labor Statistics
Was this data helpful?
Considering a move for this role? Compare cost of living in Minneapolis, MN-WIto make an informed decision. Don't forget to factor in moving costs, renters insurance, and state income tax differences when evaluating your total compensation package.