Economists Pay Range in Indiana
Pay distribution across experience levels
- 10th Percentile — Entry Level$47,350
- 25th Percentile — Junior$47,350
- 50th Percentile — Median$80,750
- 75th Percentile — Senior$144,640
- 90th Percentile — Top Earners$163,380
Half of Economists in Indiana earn more than $80,750. The top 10% make $163,380 or more, while entry-level workers start around $47,350.
Economists in Indiana: Key Facts
Source: BLS OEWS May 2025
- Indiana ranks 33rd of 40 states for Economists pay, at $96,780 per year (31.9% below the U.S. average of $142,130).
- 80 people work as Economists in Indiana — 0.4% of all U.S. Economists jobs.
- Location quotient 0.21: Economists jobs are less concentrated in Indiana than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $47,350; the top 10% earn over $163,380.
- Hourly equivalent: $46.53 per hour (2,080 hours/year).
- The highest-paying state is District of Columbia at $175,100.
- Among science jobs in Indiana, Physicists pays the most ($132,050).
Economists Job Market in Indiana
Key factors affecting compensation
Indiana's key industries are Manufacturing, Agriculture, Healthcare, and its job market is rated moderate. Economists here earn $96,780 on average, placing the state 33rd nationally.
With a cost-of-living index of 0.85 (U.S. = 1.00), a Indiana salary of $96,780 is roughly equivalent to $113,859 at the national average cost of living.
Compared with nearby states in the pay ranking, Arizona ($99,420), New Hampshire ($98,080), Maine ($97,410) are the closest alternatives for Economists weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Science Jobs in Indiana
Related career salary benchmarks
- Physicists $132,050/yr Indiana +36.4% vs this role
- Materials Scientists $127,210/yr Indiana +31.4% vs this role
- Atmospheric and Space Scientists $125,410/yr Indiana +29.6% vs this role
- Medical Scientists $98,910/yr Indiana +2.2% vs this role
- Soil and Plant Scientists $92,030/yr Indiana 4.9% vs this role
- Chemists $88,080/yr Indiana 9.0% vs this role
- Microbiologists $84,570/yr Indiana 12.6% vs this role
- Hydrologists $83,660/yr Indiana 13.6% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Economists salary in Indiana?
The average Economists salary in Indiana is $96,780 per year (median $80,750), which is 31.9% below the national average of $142,130.
How does Indiana rank for Economists pay?
Indiana ranks 33rd out of 40 states. The highest-paying state is District of Columbia ($175,100/yr).
How much do entry-level Economists make in Indiana?
The lowest-paid 10% of Economists in Indiana earn about $47,350 per year and the 25th percentile is $47,350.
How much do Economists make per hour in Indiana?
About $46.53 per hour, based on the $96,780 annual average and 2,080 working hours per year.
How many Economists work in Indiana?
BLS counts 80 Economists jobs in Indiana (OEWS May 2025).
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