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Updated May 27, 2023

Economists Salaries

Detroit-Warren-Dearborn, Michigan, US

Average Base Pay


37.86% above national average

Additional Cash Compensation

Average: $78,750

Range: $54,980-$114,570


How much does a Economists role make in Detroit-Warren-Dearborn, Michigan, US?

Career Ladder Pay for Economists Roles

A person in an entry-level Economists role with under one year of job experience can expect to make an average annual salary of $54,980. A Economists candidate with 1-4 years of experience makes an average total salary of $67,000. A person in a mid-career Economists role with 5-9 years of experience makes an average salary of $78,750 a year. Economists with 10 or more years of experience make an average of $96,550. In their late career (over 20 years of experience), a person in a Economists role’s annual salary averages $114,570 per year.

What is the average Economists salary in Detroit-Warren-Dearborn, Michigan, US?

Average base salary, as of 2023 : $78,750

Salary Breakdown

  Average base salary (percentile)
Annual salary$19,688$39,375$59,063
Monthly salary$1,641$3,281$4,922
Weekly salary$410$820$1,230
Hourly salary$59$117$176

Where can a Economists role earn more money?



Will extra certification for Economists roles boost salary?

While certifications are not required for every Economists position, they can certainly increase your salary and lead to an easier recruitment process when applying to enterprises that favor candidates with additional certifications.

Is the Economists position in high demand?

The current Bureau of Labor Statistics states the salary is $78,750 higher than the national average for Economists positions.

Is there advancement potential for a Economists role?

Yes, there is strong potential for promotion — either with an additional educational degree or with continued years of experience. There are a multitude of other positions Economists roles that can advance both internally and with another company.

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