BLS Official Data · OEWS May 2025

Economists in Iowa

$102,020 / year · average (mean) annual wage
$49.05 per hour

▼ 28.2% below U.S. average28th of 40 states

Source: U.S. Bureau of Labor Statistics Dataset: OEWS May 2025 Published: May 2026 Coverage: All 50 States + DC
Average$102,020per year
Median$96,310per year
Hourly$49.05per hour
10th – 90th percentile$59,980 – $144,750per year

Economists Pay Range in Iowa

Pay distribution across experience levels

  • 10th Percentile — Entry Level$59,980
  • 25th Percentile — Junior$64,210
  • 50th Percentile — Median$96,310
  • 75th Percentile — Senior$133,970
  • 90th Percentile — Top Earners$144,750

Half of Economists in Iowa earn more than $96,310. The top 10% make $144,750 or more, while entry-level workers start around $59,980.

Economists in Iowa: Key Facts

Source: BLS OEWS May 2025

  • Iowa ranks 28th of 40 states for Economists pay, at $102,020 per year (28.2% below the U.S. average of $142,130).
  • 70 people work as Economists in Iowa — 0.4% of all U.S. Economists jobs.
  • Location quotient 0.40: Economists jobs are less concentrated in Iowa than in the U.S. overall.
  • Pay range: the lowest-paid 10% earn under $59,980; the top 10% earn over $144,750.
  • Hourly equivalent: $49.05 per hour (2,080 hours/year).
  • The highest-paying state is District of Columbia at $175,100.
  • Among science jobs in Iowa, Physicists pays the most ($176,230).

Economists Job Market in Iowa

Key factors affecting compensation

Iowa's key industries are Agriculture, Manufacturing, Finance, and its job market is rated moderate. Economists here earn $102,020 on average, placing the state 28th nationally.

With a cost-of-living index of 0.86 (U.S. = 1.00), a Iowa salary of $102,020 is roughly equivalent to $118,628 at the national average cost of living.

Compared with nearby states in the pay ranking, Oregon ($116,410), Florida ($113,290), Connecticut ($112,760) are the closest alternatives for Economists weighing a move.

U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025

Related career salary benchmarks

Frequently Asked Questions

Common questions about this salary

What is the average Economists salary in Iowa?

The average Economists salary in Iowa is $102,020 per year (median $96,310), which is 28.2% below the national average of $142,130.

How does Iowa rank for Economists pay?

Iowa ranks 28th out of 40 states. The highest-paying state is District of Columbia ($175,100/yr).

How much do entry-level Economists make in Iowa?

The lowest-paid 10% of Economists in Iowa earn about $59,980 per year and the 25th percentile is $64,210.

How much do Economists make per hour in Iowa?

About $49.05 per hour, based on the $102,020 annual average and 2,080 working hours per year.

How many Economists work in Iowa?

BLS counts 70 Economists jobs in Iowa (OEWS May 2025).

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