Economists Salary in Chicago-Naperville-Elgin, IL-IN
SOC 19-3011 · Metropolitan Area · 2024 BLS OEWS
The median salary for a Economists in Chicago-Naperville-Elgin, IL-IN is $123,140 per year as of 2024. That works out to roughly $59.20 per hour. This is 7% above the national median of $115,440. 470 people work as Economists in Chicago-Naperville-Elgin, IL-IN. Wages have grown 35% since 2014, when the median was $91,390.
Median Annual Salary
$123,140
Mean Annual
$135,790
Median Hourly
$59.20
Total Employed
470
Location Quotient
1.02
Average concentration
Salary Distribution
How This Compares
Chicago-Naperville-Elgin, IL-IN
$123,140
this metro
Illinois
$112,790
you earn +9% vs state
United States
$115,440
you earn +7% vs US
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $123,140 |
| 2023 | $105,430 |
| 2022 | $134,940 |
| 2021 | $111,720 |
| 2020 | $108,940 |
| 2019 | $102,700 |
| 2018 | $103,400 |
| 2017 | $101,620 |
| 2016 | $101,260 |
| 2015 | $92,310 |
| 2014 | $91,390 |
Related Life, Physical, and Social Science Occupations Jobs in Chicago-Naperville-Elgin, IL-IN
Other occupations in the same group, sorted by salary.
| Sociologists | $134,730 |
| Physicists | $131,260 |
| Materials Scientists | $130,440 |
| Physical Scientists, All Other | $122,950 |
| Atmospheric and Space Scientists | $119,270 |
| Social Scientists and Related Workers, All Other | $101,580 |