Economics Professors in Minnesota
Is Minnesota a good place for you to work as an Economics Professor?
You’re in luck! Jobs for Economics Professors in Minnesota are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Economics Professors in Minnesota is growing slower than average.
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Economics Professors in Minnesota earn higher salaries than the typical U.S. wage earner.
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How Many Economics Professors Work in Minnesota?
In Minnesota, there were 300 people working as Economics Professors in the year 2018.
There were 280 Economics Professors employed in this state in 2017.
That’s growth of 20 jobs between 2017 and 2018.
The typical state has 180 Economics Professors working in it, which means Minnesota has more Economics Professors than average.
Job Projections for Minnesota
Jobs for Economics Professors in this state are growing at a rate of 3.2% which is slower than the nationwide estimated projection of 10.9%.
Minnesota Annual Job Openings
The BLS is projecting 30 annual Economics Professors job openings in Minnesota, and 320 total jobs in the year 2026.
Nationwide, the prediction is 1,500 annual jobs and 18,300 total jobs in 2026.
What do Economics Professors Make in Minnesota?
In 2018 wages for Economics Professors ranged from $60,190 to $168,060 with $95,020 being the median annual salary.
The median salary in Minnesota is higher than the nationwide median salary.
Top Minnesota Metros for Economics Professors
The table below shows some of the metros in this state with the most Economics Professors.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI | 170 | $100,380 |
Top States for Economics Professors Employment
View the list below to see where most Economics Professors work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| New York | 1,650 | $110,710 |
| Texas | 1,020 | $97,220 |
| Massachusetts | 870 | $110,630 |
| Pennsylvania | 710 | $109,360 |
| California | 700 | $125,160 |
| North Carolina | 580 | $91,330 |
| Illinois | 520 | $110,310 |
| Ohio | 470 | $99,920 |
| Virginia | 440 | $92,790 |
| Florida | 340 | $100,530 |
| New Jersey | 340 | $102,430 |
| Michigan | 300 | $103,650 |
| Minnesota | 300 | $95,020 |
| Indiana | 300 | $113,370 |
| Colorado | 290 | $97,920 |
| Washington | 260 | $70,300 |
| Connecticut | 240 | $94,260 |
| District of Columbia | 230 | $101,460 |
| Maryland | 230 | $96,970 |
| Wisconsin | 200 | $95,620 |
Below are the states where Economics Professors get paid the most:
| State | Annual Median Salary |
|---|---|
| New Hampshire | $134,270 |
| Rhode Island | $133,140 |
| California | $125,160 |
| Iowa | $120,140 |
| Tennessee | $115,120 |
| Indiana | $113,370 |
| Utah | $112,470 |
| Kansas | $112,120 |
| New York | $110,710 |
| Massachusetts | $110,630 |
Related Careers in MN
You may also be interested in the following careers:
| Occupation | MN Employment Total |
|---|
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By pixabay under License
More about our data sources and methodologies.
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