What is the median salary for Economists in Indianapolis, Indiana?

According to BLS Occupational Employment and Wage Statistics, the median annual wage for Economists in the Indianapolis metropolitan area is $114,070.

Does Indianapolis pay more than the Indiana state average for Economists?

The Indianapolis metro median is +19.0% versus the Indiana state median of $95,830.

How does Indianapolis compare to the national median for Economists?

The Indianapolis metro median is -4.3% versus the BLS national figure of $119,230.

What is the salary range for Economists in Indianapolis?

BLS reports the 10th-percentile annual wage at $54,350 and the 90th-percentile at $162,980 for the Indianapolis metro area.

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.

Economists Salary in Indianapolis, Indiana

Median annual$114,070

Mean annual$111,730

Range (10th to 90th)$54,350 to $162,980

Indianapolis, Indiana employment40

State vs national-4.3% vs national

Salary distribution

Where Indianapolis economists fall on the wage curve.

Annual wage distribution

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

The middle 50% of workers earn between $72,220 and $139,760, with a median of $114,070.

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)

01
Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.
02
Conduct research on economic issues, and disseminate research findings through technical reports or scientific articles in journals.
03
Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.
04
Supervise research projects and students' study projects.
05
Teach theories, principles, and methods of economics.
06
Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations.
07
Formulate recommendations, policies, or plans to solve economic problems or to interpret markets.
08
Explain economic impact of policies to the public.

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Frequently asked questions

What is the median salary for Economists in Indianapolis, Indiana?: According to BLS Occupational Employment and Wage Statistics, the median annual wage for Economists in the Indianapolis metropolitan area is $114,070.
Does Indianapolis pay more than the Indiana state average for Economists?: The Indianapolis metro median is +19.0% versus the Indiana state median of $95,830.
How does Indianapolis compare to the national median for Economists?: The Indianapolis metro median is -4.3% versus the BLS national figure of $119,230.
What is the salary range for Economists in Indianapolis?: BLS reports the 10th-percentile annual wage at $54,350 and the 90th-percentile at $162,980 for the Indianapolis metro area.
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. BLS metro estimates reflect the Indianapolis CBSA boundary 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.