What is the median salary for Economists in Detroit, Michigan?

According to BLS Occupational Employment and Wage Statistics, the median annual wage for Economists in the Detroit metropolitan area is $106,350.

Does Detroit pay more than the Michigan state average for Economists?

The Detroit metro median is 0.0% versus the Michigan state median of $106,350.

How does Detroit compare to the national median for Economists?

The Detroit metro median is -16.1% versus the BLS national figure of $126,812.

What is the salary range for Economists in Detroit?

BLS reports the 10th-percentile annual wage at $67,830 and the 90th-percentile at $193,280 for the Detroit 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 Detroit, Michigan: $106k Median ($68k–$193k Range)

Median annual$106,350

Mean annual$118,230

Range (10th to 90th)$67,830 to $193,280

Detroit, Michigan employment110

State vs national-16.1% vs national

Salary distribution

Where Detroit 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 $78,200 and $148,660, with a median of $106,350.

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 Detroit, Michigan?: According to BLS Occupational Employment and Wage Statistics, the median annual wage for Economists in the Detroit metropolitan area is $106,350.
Does Detroit pay more than the Michigan state average for Economists?: The Detroit metro median is 0.0% versus the Michigan state median of $106,350.
How does Detroit compare to the national median for Economists?: The Detroit metro median is -16.1% versus the BLS national figure of $126,812.
What is the salary range for Economists in Detroit?: BLS reports the 10th-percentile annual wage at $67,830 and the 90th-percentile at $193,280 for the Detroit 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 Detroit 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.