The annual salary statistics of economists in Indianapolis-Carmel, Indiana is shown in Table 1. The wage statistics of economists in Indianapolis-Carmel is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $74,950 |
| 25th Percentile Wage | $86,250 |
| 50th Percentile Wage | $98,430 |
| 75th Percentile Wage | $119,580 |
| 90th Percentile Wage | $144,310 |
Table 1 shows the average annual salary for economists in Indianapolis-Carmel, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $144,310. The median (50th percentile) annual salary is $98,430. The average annual salary for the bottom 10 percent earners is $74,950.
The table and chart below show the trend of the median salary of economists from 2012 to 2020.
| Year | Median Salary | Yearly Growth | 8-Year Growth |
|---|---|---|---|
| 2020 | $98,430 | 5.96% | 8.14% |
| 2019 | $92,560 | 12.83% | - |
| 2018 | $80,680 | 24.86% | - |
| 2017 | $60,620 | -49.16% | - |
| 2012 | $90,420 | - | - |