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How to Become a Economists in Montana

Economists in Montana earn a median salary of $89,340/year, which is 28% below the national average. Montana has a state income tax of ~4.7%. After taxes and rent, a economists takes home approximately $3,888/month. Most positions require Bachelor's degree.

$89K
Median salary in Montana
-28%
vs. national average
4.7%
State income tax
90
Employed in Montana

What a economists can afford in Montana

Gross annual salary$89,340
Est. monthly take-home (after fed + 4.7% state tax)$5,589/mo
Median 2BR rent (Montana)-$1,701/mo
Rent as % of take-home30.4% (above 30% guideline)
Cost-of-living adjusted salary$89,340/yr (RPP: 100)
Monthly remaining after rent$3,888/mo

Becoming a economists in Montana

1

Meet education requirements

Economists positions in Montana typically require Bachelor's degree. Programs are available at colleges and training institutions across Montana. Research accredited programs in your area.

2

Gain required experience

Many economists positions in Montana require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.

3

Obtain Montana licensure or certification

Montana may require specific licensing or professional certification for economistss. Requirements vary by state, contact the Montana Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.

4

Find positions in Montana

Montana employs 90 economists. The highest concentrations are in Helena.

Economists salary by metro area in Montana

Metro areaMedianHourlyEmployment
Helena$89K$42.95/hr30

Economists salary range in Montana

10th percentile (entry)
$70K
25th percentile
$74K
Median (50th)
$89K
75th percentile
$105K
90th percentile (senior)
$116K
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Frequently asked questions

How much does a economists make in Montana?

The median economists salary in Montana is $89,340 per year ($42.95/hr). This is 28% below the national median of $124,720. Salaries range from $69,850 to $116,210.

What are the requirements to become a economists in Montana?

Economists positions in Montana typically require Bachelor's degree. Montana may have specific licensing or certification requirements. Check with the Montana licensing board or department of labor for current requirements.

Can a economists afford to live in Montana?

At the median salary of $89,340, a economists in Montana would take home approximately $5,589/month after taxes. With median 2-bedroom rent at $1,701/month, that's 30.4% of take-home pay going to housing. This exceeds the recommended 30% guideline.

What are the best cities for economists in Montana?

The highest paying metro areas for economists in Montana are Helena ($89,340). However, cost of living varies significantly between metros, a higher salary may not mean more purchasing power.

Does Montana have state income tax for economists?

Yes, Montana has a state income tax rate of approximately 4.7%. On a $89,340 salary, this means roughly $4,164/year in state income tax. Use our take-home pay calculator for a detailed breakdown.