The annual salary statistics of economists in Minneapolis-St Paul-Bloomington, Wisconsin is shown in Table 1. The wage data of economists in Minneapolis-St Paul-Bloomington 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 | $66,880 |
| 25th Percentile Wage | $83,110 |
| 50th Percentile Wage | $101,500 |
| 75th Percentile Wage | $121,700 |
| 90th Percentile Wage | $160,530 |
Table 1 shows the average annual salary for economists in Minneapolis-St Paul-Bloomington, Wisconsin in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $160,530. The median (50th percentile) annual salary is $101,500. The average annual salary for the bottom 10 percent earners is $66,880.
The table and chart below show the trend of the median salary of economists from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $101,500 | -6.71% | 41.23% |
| 2021 | $108,310 | 4.38% | - |
| 2020 | $103,570 | 0.30% | - |
| 2019 | $103,260 | 32.07% | - |
| 2018 | $70,140 | 1.77% | - |
| 2017 | $68,900 | 3.99% | - |
| 2016 | $66,150 | 2.42% | - |
| 2015 | $64,550 | 3.02% | - |
| 2014 | $62,600 | 4.74% | - |
| 2013 | $59,630 | -0.03% | - |
| 2012 | $59,650 | - | - |
From Table 3 we note that with a median annual salary of $101,500, Minneapolis-St Paul-Bloomington is the highest paying city for economists in state of Wisconsin, followed by Madison (median annual salary $70,370). In comparison, the median annual salary of economists in Minneapolis-St Paul-Bloomington is 30.7 percent (30.7%) higher than that in Madison.
| Cities/Areas | Median Annual Salary |
|---|---|
| Minneapolis-St Paul-Bloomington | |
| Madison | |
| Milwaukee-Waukesha-West Allis | |
| Green Bay | |
| Eau Claire |