How to Become a Economists in Indiana
Economists in Indiana earn a median salary of $95,830/year, which is 17% below the national average. Indiana has a state income tax of ~3.1%. After taxes and rent, a economists takes home approximately $4,661/month. Most positions require Bachelor's degree.
What a economists can afford in Indiana
Becoming a economists in Indiana
Meet education requirements
Economists positions in Indiana typically require Bachelor's degree. Programs are available at colleges and training institutions across Indiana. Research accredited programs in your area.
Gain required experience
Many economists positions in Indiana require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Indiana licensure or certification
Indiana may require specific licensing or professional certification for economistss. Requirements vary by state — contact the Indiana Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Indiana
Indiana employs 60 economists. The highest concentrations are in Indianapolis-Carmel-Greenwood.
Economists salary by metro area in Indiana
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Indianapolis-Carmel-Greenwood | $114K | $54.84/hr | 40 |
Economists salary range in Indiana
Economists careers in other states
Frequently asked questions
How much does a economists make in Indiana?▼
The median economists salary in Indiana is $95,830 per year ($46.07/hr). This is 17% below the national median of $115,440. Salaries range from $54,350 to $162,980.
What are the requirements to become a economists in Indiana?▼
Economists positions in Indiana typically require Bachelor's degree. Indiana may have specific licensing or certification requirements. Check with the Indiana licensing board or department of labor for current requirements.
Can a economists afford to live in Indiana?▼
At the median salary of $95,830, a economists in Indiana would take home approximately $6,073/month after taxes. With median 2-bedroom rent at $1,412/month, that's 23.3% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for economists in Indiana?▼
The highest paying metro areas for economists in Indiana are Indianapolis-Carmel-Greenwood ($114,070). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Indiana have state income tax for economists?▼
Yes, Indiana has a state income tax rate of approximately 3.1%. On a $95,830 salary, this means roughly $2,923/year in state income tax. Use our take-home pay calculator for a detailed breakdown.