$21.89
Avg. Base Hourly Rate (USD)
/ hour
Avg. Base Hourly Rate (USD)
The average hourly pay for an Economist is $21.89 in 2025
Hourly Rate
$0 - $22
Bonus
$0 - $3k
Total Pay
$41k - $108k
Is Average Economist with Statistical Analysis Skills Hourly Pay in Chicago, Illinois your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
EXPLORE BY:
Featured Content
‹
Remote Work
New research shows how to set pay for remote employees
Gender Pay Gap
New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education.
Compensation Best Practices Report
From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation.
Salary Budget Survey Report
See how organizations are shifting their salary budgets this year.
Retention Report
Get strategies you can use to retain top talent and learn how impactful employee retention really is.
Variable Pay Playbook
Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices.
›
What Do Economists Do?
Find your market worth – how it works:
Common Health Benefits for a Economist
Medical
100%
Dental
100%
Vision
100%
Gender Breakdown for Economists
Female
100.0%
This data is based on 1 survey responses. Learn more about the gender pay gap.
FAQs About Economists
What is the highest pay for Economists in Chicago?
Our data indicates that the highest pay for an Economist in Chicago is $NaN / hour
What is the lowest pay for Economists in Chicago?
Our data indicates that the lowest pay for an Economist in Chicago is $NaN / hour
How can Economists increase their salary?
Increasing your pay as an Economist is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Economist that oversees more junior Economists, this experience can increase the likelihood to earn more.