Economists Pay Range in Montana
Pay distribution across experience levels
- 10th Percentile — Entry Level$69,850
- 25th Percentile — Junior$73,920
- 50th Percentile — Median$89,340
- 75th Percentile — Senior$105,050
- 90th Percentile — Top Earners$116,210
Half of Economists in Montana earn more than $89,340. The top 10% make $116,210 or more, while entry-level workers start around $69,850.
Economists in Montana: Key Facts
Source: BLS OEWS May 2025
- Montana ranks 32nd of 40 states for Economists pay, at $97,330 per year (31.5% below the U.S. average of $142,130).
- 90 people work as Economists in Montana — 0.5% of all U.S. Economists jobs.
- Location quotient 1.58: Economists jobs are more concentrated in Montana than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $69,850; the top 10% earn over $116,210.
- Hourly equivalent: $46.79 per hour (2,080 hours/year).
- The highest-paying state is District of Columbia at $175,100.
- Among science jobs in Montana, Physicists pays the most ($125,680).
Economists Job Market in Montana
Key factors affecting compensation
Montana's key industries are Agriculture, Tourism, Energy, and its job market is rated moderate. Economists here earn $97,330 on average, placing the state 32nd nationally.
With a cost-of-living index of 0.95 (U.S. = 1.00), a Montana salary of $97,330 is roughly equivalent to $102,453 at the national average cost of living.
Compared with nearby states in the pay ranking, Iowa ($102,020), Arizona ($99,420), New Hampshire ($98,080) 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 Montana
Related career salary benchmarks
- Physicists $125,680/yr Montana +29.1% vs this role
- Microbiologists $104,520/yr Montana +7.4% vs this role
- Atmospheric and Space Scientists $102,700/yr Montana +5.5% vs this role
- Medical Scientists $97,050/yr Montana 0.3% vs this role
- Hydrologists $92,840/yr Montana 4.6% vs this role
- Geoscientists $85,330/yr Montana 12.3% vs this role
- Environmental Scientists and Specialists $85,240/yr Montana 12.4% vs this role
- Urban and Regional Planners $82,640/yr Montana 15.1% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Economists salary in Montana?
The average Economists salary in Montana is $97,330 per year (median $89,340), which is 31.5% below the national average of $142,130.
How does Montana rank for Economists pay?
Montana ranks 32nd out of 40 states. The highest-paying state is District of Columbia ($175,100/yr).
How much do entry-level Economists make in Montana?
The lowest-paid 10% of Economists in Montana earn about $69,850 per year and the 25th percentile is $73,920.
How much do Economists make per hour in Montana?
About $46.79 per hour, based on the $97,330 annual average and 2,080 working hours per year.
How many Economists work in Montana?
BLS counts 90 Economists jobs in Montana (OEWS May 2025).
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