Economics Professors in Illinois
Get the information you need to know about working as an Economics Professor.
- Economics Professors in Illinois earn higher salaries than the typical U.S. wage earner.
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How Many Economics Professors Work in Illinois?
There were approximately 520 workers employed as Economics Professors in this state in 2018.
There were 530 Economics Professors employed in this state in 2017.
That’s a decline of 10 jobs between 2017 and 2018.
The typical state has 180 Economics Professors working in it, which means Illinois has more Economics Professors than average.
Job Projections for Illinois
Jobs for Economics Professors in this state are not projected to grow or decrease, but nationwide they are growing at a rate of 10.9%.
Illinois Annual Job Openings
The BLS estimates 40 annual job openings, and a total of 510 jobs for Illinois Economics Professors in 2026.
Nationwide, the prediction is 1,500 annual jobs and 18,300 total jobs in 2026.
What do Economics Professors Make in Illinois?
In 2018 wages for Economics Professors ranged from $50,040 to $208,000 with $110,310 being the median annual salary.
The median salary in Illinois is higher than the nationwide median salary.
Top Illinois 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 |
|---|---|---|
| Chicago-Naperville-Elgin, IL-IN-WI | 380 | $116,930 |
| St. Louis, MO-IL | 60 | n/a |
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 |
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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