📊 BLS Official Data · May 2025 Release

Economists Salary in Michigan (2026)

Michigan · 10.0% below national average · Medium Demand

Average
$113,067
per year
Median
$107,946
per year
Hourly
$54.36
per hour
📅 Dataset: OES May 2025
🔄 Published: May 2026
📍 Coverage: All 50 States + DC
📊
Salary Range & Percentiles
Pay distribution across experience levels
10th Percentile — Entry Level$67,370
25th Percentile — Junior$91,184
50th Percentile — Median$107,946
75th Percentile — Senior$144,765
90th Percentile — Top Earners$166,047
💡 Top-earning Economistss in Michigan make up to $166,047 per year. The job market in Michigan is rated moderate, with key industries including Automotive, Healthcare, Technology.
📈
Salary Growth Trend (2021–2026)
Six-year compensation trajectory
$93.8k
2021
$97.4k
2022
$101.1k
2023
$104.9k
2024
$108.9k
2025
$113.1k
2026
📈 Economists salaries in Michigan have followed the national trend with 3.8% annual growth. The strong presence in Michigan's job market supports continued salary increases.
🗺️
Economists Salary by City in Michigan
Geographic salary comparison
CityAvg Salaryvs NationalDemand
Grand Rapids $102,891 -9.0% Medium
🔍
Economists Job Market in Michigan
Key factors affecting compensation

Michigan is home to a moderate job market for Economistss. The state's key industries — Automotive, Healthcare, Technology — generate significant demand for skilled professionals. At $113,067 per year, Michigan's Economists salaries are 10.0% lower than the national average.

The cost of living in Michigan (index: 0.9) makes salaries stretch further than in higher-cost states. Entry-level professionals in Michigan can expect to earn $67,370–$91,184, while experienced Economistss can command $144,765–$166,047.

Looking ahead, the Economists profession in Michigan is projected to grow at 3.8% annually. Major employers are actively hiring, and the state's investment in Automotive continues to drive new opportunities for qualified candidates.

🏛️ U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
⚖️
Compare with Similar Jobs
Related career salary benchmarks
Frequently Asked Questions
Common questions about this salary
  • The average Economists salary in Michigan is $113,067 per year in 2026, which is 10.0% below the national average of $125,630.
  • Major metro areas typically pay Economistss the highest wages in Michigan due to higher costs of living and competitive job markets.
  • Michigan has a moderate job market with major industries in Automotive, Healthcare, Technology. Opportunities exist in for Economists employment.
  • At $113,067/year, Michigan Economists salaries are 10.0% lower than the national average of $125,630/year.