RateOrchard
DATA PROFILE · 2024

Economists salary in Indiana

Median, range, employment, and 10-year outlook from BLS Occupational Employment Statistics, with skills and task data from O*NET. Cost-of-living adjustment from BEA Regional Price Parities.

Adrian Serafin, founder and editor of RateOrchardBy Adrian SerafinFounderUpdated April 27, 2026
Median annual$95,830
Mean annual$104,400
Range (10th to 90th)$54,350 to $162,980
Indiana employment60
State vs national-19.6% vs national

Salary distribution

Where Indiana economists fall on the wage curve.

Annual wage distribution

Shaded band = interquartile range (where most full-time workers fall)

10TH$54,35025TH$64,470MEDIAN$95,83075TH$138,44090TH$162,980

The middle 50% of workers earn between $64,470 and $138,440, with a median of $95,830.

Real disclosed salaries

Economists in Indiana: actual employer-disclosed pay

Public records from 16 certified H-1B Labor Condition Applications filed with the U.S. Department of Labor. Median offered wage: $76,934. Every figure below is an actual offered salary an employer attested to under federal law.

By DOL wage level

DOL classifies every offer into one of four wage levels based on the role's experience and skill requirements.

LevelFilingsMedian offer
Level I — entry6$69,867
Level II — qualified5$110,000
Level III — experienced2$103,750
Level IV — fully competent1$140,000

Top employers filing for this role

Companies with the most certified filings for Economists in Indiana. Median offer is across all of that employer's filings.

EmployerMost-filed titleFilingsMedian
Purdue UniversityResearch Assistant Professor6$74,427
Cummins Inc.Financial Analyst3$69,867
Cummins Emission Solutions Inc.Financial Analyst2$66,611
Emmis Dynamic Pricing LLCEconomist2$110,000
UBS Realty Investors, LLCDirector, Economist - Research1$140,000
Legislative Services AgencyEconomist1$115,544
University of Notre Dame du LacResearch Scientist1$105,000

Recent sample filings

A snapshot of recent certified offers. Each line is a real, public, verifiable record.

  • Post-Doctoral Research Associate at Purdue University
    $64,854
    West LafayetteDecided Dec 15, 2025I-200-25342-466060
  • Director, Economist - Research at UBS Realty Investors, LLC
    $140,000
    ColumbusWage Level IVDecided Aug 18, 2025I-200-25223-234369
  • Financial Analyst at Cummins Inc.
    $69,867
    IndianapolisWage Level IDecided Jun 24, 2025I-200-25167-094770
  • Financial Analyst at Cummins Emission Solutions Inc.
    $69,867
    ColumbusWage Level IDecided Jun 11, 2025I-200-25155-049485
  • Research Assistant Professor at Purdue University
    $103,000
    West LafayetteWage Level IIDecided Jun 9, 2025I-200-25153-042665
  • Economist at Legislative Services Agency
    $115,544
    IndianapolisWage Level IIDecided May 19, 2025I-200-25132-963367
  • Financial Analyst at Cummins Inc.
    $69,867
    IndianapolisWage Level IDecided May 12, 2025I-200-25125-935690
  • Financial Analyst at Cummins Inc.
    $69,867
    IndianapolisWage Level IDecided May 6, 2025I-200-25120-919562

Source: U.S. Department of Labor, Office of Foreign Labor Certification. Disclosed wages reflect what employers attested to pay; actual paid wages may differ. Only certified filings are shown — denied and withdrawn cases are excluded.

By seniority

Economists pay by experience level in Indiana

Each band reflects DOL Wage Levels I-IV mapped onto a four-step ladder. Click a level to see the disclosed-wage range for that segment.

Specialties

Economists specialties in Indiana

Real specialty titles employers file for, clustered from 8 certified offers. The most common variant is Financial Analyst at a median of $69,867.

SpecialtyTop employerFilingsMedian offer
Financial AnalystCummins Inc.5$69,867
EconomistEmmis Dynamic Pricing LLC3$110,000

Specialties with 10 or more filings link to a dedicated breakdown.

Pay by industry

Economists in Indiana, by industry

Median offered wage across 16 certified filings, grouped by NAICS industry sector. Education leads with a median of $84,000.

IndustryLargest employerFilingsMedian offer
EducationPurdue University7$84,000
ManufacturingCummins Inc.5$69,867
Professional servicesEmmis Dynamic Pricing LLC2$110,000
Finance and insuranceUBS Realty Investors, LLC1$140,000
Government and public sectorLegislative Services Agency1$115,544

Sectors with at least 25 filings link to a dedicated page with full distribution and sample employer breakdown.

Typical entry

  • Education

    Master's degree

  • Experience

    None

  • On-the-job training

    None

Top skills (O*NET)

  • Mathematics

    Knowledge

    4.6 / 5
  • Economics and Accounting

    Knowledge

    4.5 / 5
  • English Language

    Knowledge

    4.3 / 5
  • Written Comprehension

    Ability

    4.1 / 5
  • Mathematics

    Basic skill

    4.1 / 5
  • Critical Thinking

    Cross-functional

    4.1 / 5
  • Reading Comprehension

    Basic skill

    4.1 / 5
  • Writing

    Basic skill

    4.0 / 5

Common tasks (O*NET)

  1. 01

    Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.

  2. 02

    Conduct research on economic issues, and disseminate research findings through technical reports or scientific articles in journals.

  3. 03

    Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.

  4. 04

    Supervise research projects and students' study projects.

  5. 05

    Teach theories, principles, and methods of economics.

  6. 06

    Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations.

  7. 07

    Formulate recommendations, policies, or plans to solve economic problems or to interpret markets.

  8. 08

    Explain economic impact of policies to the public.

10-year outlook

Growth 2024 → 2034

+1.1%

Projected annual openings

BLS outlook

Slower than average

Source: BLS Employment Projections, 20242034 cycle.

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Top metros in Indiana

Metro-level salary data for economists in major Indiana metropolitan areas.

Compare Economists pay across nearby states

Frequently asked questions

What is the median salary for Economists in Indiana?
According to BLS Occupational Employment Statistics, the median annual wage for Economists in Indiana is $95,830.
How does Indiana compare to the national median for Economists?
The Indiana median is -19.6% versus the BLS national figure of $119,230.
What is the salary range for Economists in Indiana?
BLS reports the 10th-percentile annual wage at $54,350 and the 90th-percentile at $162,980, which captures most full-time workers in the role.
Is Economists a growing field?
BLS Employment Projections show employment growing by 1.1% over the projection cycle. See the 10-year outlook section above for details.
What education is required for Economists?
BLS lists the typical entry-level education as Master's degree. Many employers also weigh prior experience and credentials.
Disclaimer

Information on this page is for general educational purposes only. It is not career, financial, or tax advice. Wage data reflects BLS estimates for the reference year shown and may not match individual offers, employer-specific ranges, or current market conditions. Confirm with a licensed professional before making career or compensation decisions.