Economists Salary in Indiana
In Indiana, economists earn $95,830 at the median — $46.07 an hour. The range runs from $54K at the entry level to $163K for experienced workers.
Statewide average. Salary and cost of living vary significantly across Indiana. Jump to a metro for precise data:
So what does $96K get you in Indiana?
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Compensation breakdown
Annual earnings by percentile, Indiana
Entry-level economists (10th percentile) start around $54K. Mid-career wages sit at $96K. Top earners bring in $163K or more, a $109K spread from bottom to top.
Economists salary by metro in Indiana
1 metro area with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Indianapolis-Carmel-Greenwood | $114K | +19% | 40 |
Compare to other states
Track economists salary changes
BLS updates this data quarterly. We'll email you when Indiana numbers change.
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Frequently asked questions
How much do economists make in Indiana?
The median is $95,830 a year, that works out to about $46 an hour. But the range is wide: entry-level workers start around $54,350, and experienced economists can clear $162,980. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $96K enough to live in Indiana?
On that salary, you'd take home roughly $6,073/month after taxes. A 2-bedroom here rents for about $1,144/month, which eats 18.8% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a economists salary go in Indiana?
Indiana has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median economists salary is worth about $104,379 in national-average purchasing power.
Where do economists get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.