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$9.6K

$90.6K

$200.9K

How much do economic research jobs pay per year?

As of Aug 20, 2026, the average yearly pay for economic research in Michigan is $90,602.00, according to ZipRecruiter salary data. Most workers in this role earn between $43,600.00 and $95,400.00 per year, depending on experience, location, and employer.

What is economic research?

Economic research involves the systematic study and analysis of economic issues, trends, and data to understand how economies function. Researchers in this field collect and interpret data, develop models, and produce reports that help inform policy decisions, business strategies, and academic understanding. Economic research can cover a wide range of topics, such as inflation, employment, trade, and fiscal policy. Professionals in this area often work for government agencies, think tanks, academic institutions, or private companies. Their findings play a key role in shaping economic policy and informing stakeholders about economic conditions.

How do economic researchers typically collaborate with other departments within an organization?

Economic researchers frequently work alongside teams such as finance, policy analysis, and data science to provide critical insights that inform strategic decisions. Collaboration often involves presenting findings, discussing economic models, and interpreting complex data for non-specialist stakeholders. This cross-functional teamwork not only enhances the relevance and impact of research but also helps researchers develop a broader understanding of organizational goals and challenges.

What are the key skills and qualifications needed to thrive in economic research, and why are they important?

To thrive in Economic Research, a solid background in economics, strong analytical abilities, and proficiency in quantitative methods are essential, often supported by an advanced degree in economics or a related field. Familiarity with statistical software such as Stata, R, or SAS, and experience with data analysis tools are typically required. Exceptional written and verbal communication, critical thinking, and attention to detail help researchers interpret data and present findings effectively. These skills are crucial for producing rigorous economic analyses that inform policy, business decisions, and academic understanding.

What is the difference between Economic Research vs Economic Analysis?

AspectEconomic ResearchEconomic Analysis
Primary FocusInvestigating economic theories, trends, and data to generate new insightsApplying existing economic data and theories to evaluate specific issues or policies
Work EnvironmentAcademic, research institutions, think tanks, government agenciesConsulting firms, government departments, private companies
Required CredentialsTypically a degree in economics, often a master's or PhDUsually a degree in economics or related field, often at least a bachelor's or master's

Economic Research involves exploring new economic theories and conducting in-depth studies, often in academic or policy settings. Economic Analysis focuses on applying economic principles to assess specific issues or policies, often in consulting or corporate environments. Both roles require strong economics credentials, but their objectives and work settings differ.

How much do economic researchers get paid?

Economic researchers typically earn a median annual salary of around $70,000 to $100,000, depending on experience, education, and location. Entry-level positions may start lower, while experienced researchers or those in senior roles can earn significantly more, especially with advanced skills in data analysis and econometrics.

What does an economic researcher do?

An economic researcher analyzes economic data, trends, and policies to provide insights that inform decision-making. They use statistical tools and economic models, often working with large datasets, to evaluate economic conditions and forecast future developments. Strong analytical skills and knowledge of economics are essential for this role.

What jobs can I do if I study economics?

Economics graduates can pursue roles such as economic analyst, financial analyst, policy advisor, data analyst, or market researcher. These jobs often require strong analytical skills, proficiency with statistical tools, and understanding of economic principles, and they are found in sectors like finance, government, consulting, and research organizations.

What are the most commonly searched types of Economic Research jobs in Michigan?

The most popular types of Economic Research jobs in Michigan are:

What are popular job titles related to Economic Research jobs in Michigan?

For Economic Research jobs in Michigan, the most frequently searched job titles are:

What job categories do people searching Economic Research jobs in Michigan look for?

The top searched job categories for Economic Research jobs in Michigan are:

Economic Research jobs near you
Infographic showing various Economic Research job openings in Michigan as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $90,602 per year, or $43.6 per hour.

Senior Economist - Direct Hire

Criminal Investigation & Law Enforcement | IRS Careers

Marquette, MI • On-site

$125K/yr

Full-time

Posted 21 days ago

Job description

#LI-POST
WHAT IS LARGE BUSINESS AND INTERNATIONAL?
A description of the business units can be found at: https://www.jobs.irs.gov/about/who/business-divisions

  • Position(s) are to be filled in the following area(s):
    • LBI - Director Treaty and Trans Pric Ops
  • Consider each location carefully when applying. If you are selected for a location, that location will become your official post of duty.
REVIEW THE ADDITIONAL INFORMATION BELOW FOR FURTHER DETAILSQualifications:Federal experience is not required. Experience may have been gained in the public sector, private sector or through Volunteer Service. One year of experience refers to full-time work; part-timework is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/day/year, and indicate number of hours worked per week, on your resume.
You must meet the following requirements by the closing date of this announcement.

BASIC REQUIREMENTS All GRADES: A degree in Economics that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus
OR
COMBINATION OF EDUCATION AND EXPERIENCE: A combination of education and experience that includes courses equivalent to a major in economics, as shown above, plus appropriate experience or additional education. Evaluation of Experience Examples of qualifying experience include:

  1. Individual economic research assignments requiring planning, information assembly, analysis and evaluation, conclusions and report preparation;
  2. Supervisory or project coordination assignments involving a staff of professional economists, and requiring the evaluation and interpretation of economic information; or
  3. Teaching assignments in a college or university that included both class instruction in economics subjects and one of the following (1) personal research that produced evidence of results, (2) direction of graduate theses in economics, or (3) service as a consultant or advisor on technical economics problems.
Experience in related fields that did not involve the use and understanding of economic principles and theories may not be used as qualifying experience for these positions. Special attention on this point should be given to certain types of work that may or may not have provided professional economic experience. The following examples of work require special care in such determinations:
  1. Economic statistics;
  2. Industrial surveys;
  3. Management of individual business enterprises, including farms;
  4. Industrial planning;
  5. Writing or editorial work in economic subjects; and
  6. Financial market analysis.
AND
SPECIALIZED EXPERIENCE GS-14: In addition to meeting basic requirements, to be eligible for this position at this grade level, you must have one (1) year of specialized experience at a level of difficulty and responsibility equivalent to the GS-13 grade level in the Federal service. Specialized experience for this position includes:
  • Experience applying economic methods and transfer-pricing principles to analyze transactions involving tangible property, intangible property, services, risk allocations, and transactions between domestic and foreign related parties.
  • Experience collecting, organizing, and analyzing transfer-pricing, financial, and operational data; conducting comparability analyses; identifying factors affecting pricing or financial results; resolving analytical issues; and documenting economic conclusions in written reports.
  • Experience applying section 482 of the Internal Revenue Code, Organization for Economic Co-operation and Development (OECD) Transfer Pricing Guidelines, and related Treasury regulations to evaluate tax-return, financial-statement, accounting-system, or other financial data associated with transfer-pricing cases or projects.
  • Experience preparing written analyses and delivering oral presentations that explain and support transfer-pricing findings; conducting conferences with taxpayers, representatives, technical personnel, or other stakeholders; responding to questions regarding analytical methods and conclusions; and presenting technical findings in administrative or litigation-related proceedings.
AND
You must also meet the following requirements:
  • MINIMUM AGE REQUIREMENT: Minimum age for federal employment is 18 years old, or at least 16 years old and have:
    • Graduated from high school or been awarded a certificate equivalent to graduating from high school; or
    • Completed a formal vocational training program; or
    • Received a statement from school authorities agreeing with your preference for employment rather than continuing your education

For more information on qualifications please refer to OPM's Qualifications Standards.Education:A college or university degree generally must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education. For a list of schools which meet these criteria, please refer to Department of Education Accreditation page.
FOREIGN EDUCATION: Education completed in foreign colleges or universities may be used to meet the requirements. You must show proof the education credentials have been deemed to be at least equivalent to that gained in conventional U.S. education program. It is your responsibility to provide such evidence when applying. Click here (Section 3, Explanation of Terms) or here for Foreign Education Credentialing instructions.
We recommend choosing an evaluator from a member organization of one of the following national associations of credential evaluation services: National Association of Credential Evaluation Services (NACES) or Association of International Credentials Evaluators (AICE).Employment Type: OTHER

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