Salary distribution
Where Minnesota economists fall on the wage curve.
Shaded band = interquartile range (where most full-time workers fall)
The middle 50% of workers earn between $89,810 and $131,850, with a median of $107,470.
Economists in Minnesota: actual employer-disclosed pay
Public records from 6 certified H-1B Labor Condition Applications filed with the U.S. Department of Labor. Median offered wage: $124,665. 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.
| Level | Filings | Median offer |
|---|---|---|
| Level III — experienced | 2 | $116,043 |
| Level IV — fully competent | 2 | $133,286 |
Top employers filing for this role
Companies with the most certified filings for Economists in Minnesota. Median offer is across all of that employer's filings.
| Employer | Most-filed title | Filings | Median |
|---|---|---|---|
| Boston Scientific Corporation | Senior Analyst - HEMA | 2 | $116,043 |
| Mayo Clinic | Associate Consultant I | 1 | $140,500 |
| Brave Resources Inc | Data Analyst “ Geochemical & Exploration Analytics | 1 | $85,000 |
| Institute for Agriculture and Trade Policy | Executive Director | 1 | $133,286 |
| Federal Reserve Bank of Minneapolis | Research Economist | 1 | $133,286 |
Recent sample filings
A snapshot of recent certified offers. Each line is a real, public, verifiable record.
- Associate Consultant I at Mayo Clinic$140,500RochesterDecided Dec 22, 2025I-200-25349-482364
- Data Analyst “ Geochemical & Exploration Analytics at Brave Resources Inc$85,000BlaineDecided Nov 14, 2025I-200-25310-384645
- Executive Director at Institute for Agriculture and Trade Policy$133,286MinneapolisWage Level IVDecided Jun 13, 2025I-200-25157-063125
- Research Economist at Federal Reserve Bank of Minneapolis$133,286MinneapolisWage Level IVDecided Apr 23, 2025I-200-25106-869966
- Senior Analyst - HEMA at Boston Scientific Corporation$116,043Maple GroveWage Level IIIDecided Feb 6, 2025I-200-25030-655245
- Senior Analyst - HEMA at Boston Scientific Corporation$116,043Maple GroveWage Level IIIDecided Jan 23, 2025I-200-25016-621801
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 Only certified filings are shown — denied and withdrawn cases are excluded.
Economists pay by experience level in Minnesota
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.
Economists in Minnesota, by industry
Median offered wage across 6 certified filings, grouped by NAICS industry sector. Manufacturing leads with a median of $116,043.
| Industry | Largest employer | Filings | Median offer |
|---|---|---|---|
| Manufacturing | Boston Scientific Corporation | 2 | $116,043 |
| Education | Mayo Clinic | 1 | $140,500 |
| Energy and utilities | Brave Resources Inc | 1 | $85,000 |
| Nonprofit and civic | Institute for Agriculture and Trade Policy | 1 | $133,286 |
| Finance and insurance | Federal Reserve Bank of Minneapolis | 1 | $133,286 |
Sectors with at least 25 filings link to a dedicated page with full distribution and sample employer breakdown.
Wage trend
Median annual wage in Minnesota over the past 2 BLS OES releases. Real values are CPI-adjusted to 2024 dollars.
Typical entry
Education
Master's degree
Experience
None
On-the-job training
None
Top skills (O*NET)
- 4.6 / 5
Mathematics
Knowledge
- 4.5 / 5
Economics and Accounting
Knowledge
- 4.3 / 5
English Language
Knowledge
- 4.1 / 5
Written Comprehension
Ability
- 4.1 / 5
Mathematics
Basic skill
- 4.1 / 5
Critical Thinking
Cross-functional
- 4.1 / 5
Reading Comprehension
Basic skill
- 4.0 / 5
Writing
Basic skill
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.
10-year outlook
Growth 2024 → 2034
+1.1%
Projected annual openings
—
BLS outlook
Slower than average
Source: BLS Employment Projections, 2024–2034 cycle.
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Explore coursesTop metros in Minnesota
Metro-level salary data for economists in major Minnesota metropolitan areas.
- Minneapolis$108,230
Compare Economists pay across nearby states
Frequently asked questions
- What is the median salary for Economists in Minnesota?
- According to BLS Occupational Employment Statistics, the median annual wage for Economists in Minnesota is $107,470.
- How does Minnesota compare to the national median for Economists?
- The Minnesota median is -9.9% versus the BLS national figure of $119,230.
- What is the salary range for Economists in Minnesota?
- BLS reports the 10th-percentile annual wage at $71,380 and the 90th-percentile at $149,690, 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.
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.