SOC 19-3011 · Illinois · BLS OEWS May 2024
The median salary for Economists in Illinois is $121,212 per year ($58.28/hr). This is 5% higher than the national median of $115,440. The middle 50% earn between $86,377 and $174,327 annually. Top earners at the 90th percentile reach $223,358.
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $31.47 | $65,454 | +5.0% |
| P25 | $41.53 | $86,377 | +5.0% |
| P50MEDIAN | $58.28 | $121,212 | +5.0% |
| P75 | $83.81 | $174,327 | +5.0% |
| P90 | $107.38 | $223,358 | +5.0% |
Professional & Business Services was the only sector with openings growth (+64K) in February. Quit rates eased to 2.6%. Active hiring continues for specialized roles, particularly at senior levels.
The median (P50) annual salary for Economists in Illinois is approximately $121,212, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 5% higher than the national median of $115,440.
Entry-level Economists (10th percentile) in Illinois earn approximately $65,454 per year. The 25th percentile is $86,377. Top earners (90th percentile) reach $223,358.
Illinois pays 5% higher than the national average. The national P50 is $115,440 vs $121,212 in Illinois. Based on BLS national data adjusted for regional cost factors.
Free BLS wage benchmarks, JOLTS talent signals, and AI analyst briefs