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Economic Jobs in Michigan (NOW HIRING)

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Economic information

See Michigan salary details

$28.8K

$93.8K

$130.3K

How much do economic jobs pay per year?

As of Jul 26, 2026, the average yearly pay for economic in Michigan is $93,778.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,200.00 and $101,500.00 per year, depending on experience, location, and employer.

What do economists do?

Economists study how resources, goods, and services are produced, distributed, and consumed. They analyze data, trends, and economic issues to provide insights for businesses, governments, and organizations. Their research helps inform policy decisions, forecast economic trends, and solve problems related to finance, labor, healthcare, and international trade.

What is the difference between Economic vs Financial Analyst?

AspectEconomicFinancial Analyst
Required CredentialsBachelor's in Economics, often advanced degrees preferredBachelor's in Finance, Economics, or related field; certifications like CFA beneficial
Work EnvironmentResearch institutions, government agencies, think tanksCorporations, investment banks, financial services firms
Industry UsagePolicy analysis, economic forecasting, researchInvestment analysis, financial planning, portfolio management
Common Search/ComparisonEconomic vs Financial Analyst

Economic and Financial Analysts both analyze data to inform decisions, but Economists focus on broader economic trends and policies, while Financial Analysts concentrate on financial markets and investment opportunities. Their work environments and credentials often overlap, but their primary goals differ: economic forecasting versus financial performance analysis.

What are the key skills and qualifications needed to thrive as an Economist, and why are they important?

To thrive as an Economist, you need strong analytical abilities, quantitative skills, and a background in economics or related fields, often supported by a bachelor’s or master’s degree. Familiarity with statistical software such as Stata, R, or SAS, as well as experience with economic modeling and data analysis tools, is typically required. Strong communication, critical thinking, and problem-solving skills help economists convey complex findings and inform decision-making. These skills are essential for analyzing economic trends, supporting policy or business strategy, and providing actionable insights in diverse settings.

What jobs make $1,000,000 a year?

In the field of economics, high-earning roles such as chief economist at large financial institutions, economic consultants with extensive experience, or senior roles in investment firms can reach or exceed $1 million annually through salaries, bonuses, and profit sharing. These positions typically require advanced degrees, strong analytical skills, and significant industry experience. Most such roles are found in finance, consulting, or corporate sectors with performance-based compensation structures.

What are some common challenges economists face when working on policy analysis projects?

Economists involved in policy analysis often encounter challenges such as limited or incomplete data, tight deadlines, and the need to communicate complex findings to non-specialist stakeholders. Balancing rigorous quantitative analysis with real-world constraints requires adaptability and critical thinking. Successful economists collaborate closely with policymakers, analysts, and sometimes interdisciplinary teams to ensure recommendations are both technically sound and practically feasible.

What are careers in economics?

Careers in economics include roles such as economist, financial analyst, policy analyst, and data analyst. These positions typically require strong analytical skills, knowledge of economic theories, and proficiency with tools like statistical software and spreadsheets. Economists often work in government agencies, research institutions, financial firms, or consulting companies.

What jobs can I do with economics?

Economics graduates can pursue roles such as financial analyst, economist, policy analyst, market researcher, or management consultant. These jobs often require strong analytical skills, proficiency with data analysis tools, and understanding of economic principles, with opportunities in finance, government, consulting, and research organizations.

What are 5 careers in economics?

Five common careers in economics include economist, financial analyst, policy analyst, economic consultant, and data analyst. These roles often require strong analytical skills, proficiency with statistical tools, and a solid understanding of economic theories and models.
What are the most commonly searched types of Economic jobs in Michigan? The most popular types of Economic jobs in Michigan are:
What cities in Michigan are hiring for Economic jobs? Cities in Michigan with the most Economic job openings:
Economic jobs near you
Infographic showing various Economic job openings in Michigan as of July 2026, with employment types broken down into 90% Full Time, 8% Part Time, 1% Contract, and 1% Nights. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $93,778 per year, or $45.1 per hour.
Economic Development Specialist

Economic Development Specialist

ROWE Professional Services Company

Grand Rapids, MI • On-site, Remote

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted yesterday

Job description

The Company
ROWE Professional Services Company is an employee-owned, full-service professional consulting firm specializing in civil engineering, surveying, aerial photography/mapping, LiDAR, landscape architecture, planning, and land development.
At ROWE, our core values include safety, quality, people, service, and growth. We are seeking a Economic Development Specialist to join our proactive team of ethical, talented, passionate professionals and leaders at our Grand Rapids, MI office.
Position Summary
The Economic Development Specialist supports ROWE clients in identifying, securing, and managing funding for infrastructure and community development projects. This role blends financial strategy, grant writing, regulatory knowledge, and client relationship management to help communities move projects from concept to construction.
Key Responsibilities
Funding Strategy & Planning
  • Collaborate with engineers, planners, and clients to develop comprehensive funding strategies for community development projects.
  • Identify federal, state, and local grant/loan opportunities (e.g., SRF, USDA-RD, Safety, TAP, Bridge, TEDF, CDBG, EPA programs, etc.).
  • Assist in preparing funding feasibility analyses, rate impact studies, and capital improvement funding plans.

Grant & Loan Administration
  • Support business development efforts and proposal preparation.
  • Lead preparation of grant and loan applications, including narratives, budgets, schedules, and benefit analyses.
  • Coordinate required technical documentation with internal design teams.
  • Track legislative and program changes that affect client funding options.
  • Work with project managers to align project scopes and schedules with funding requirements.
  • Maintain funding opportunity databases and internal best practices.

Job Requirements
  • Degree in Public Administration, Finance, Planning, Business, Professional/Technical Writing or related field.
  • 5+ years of experience in grant administration, municipal finance, economic development, or A/E consulting.
  • Direct experience with infrastructure funding programs preferred.
  • Certified Grant Administrator or related economic development credentials preferred
  • Strong technical writing experience preferred
  • Knowledgeable of federal/state procurement and compliance
  • Ability to translate engineering concepts into fundable community benefits
  • Relationship-building and presentation skills
  • Project management and deadline coordination
  • Strong verbal and written communication skills
  • Ability to work remotely and in person effectively

Why Work Here
ROWE offers a highly competitive wage and benefits package which includes:
  • Overtime pay at time and a half.
  • BCBS medical insurance options with industry-low co-shares.
  • Dental, vision, and employer-paid life insurance plan.
  • A generous PTO program and paid holidays.
  • Flex time scheduling and telework opportunities.
  • Traditional and Roth 401(k) options with 4% company match, auto-enroll and target-based funds.

ROWE is truly dedicated to providing a collaborative workspace, rewarding projects, and a business culture that is reputable, ethically minded, and growth driven. With offices in Flint, Lapeer, Farmington Hills, Grand Rapids, Mt. Pleasant, Grayling, Oscoda, MI, and Myrtle Beach, SC, we have lots of opportunity to grow.
WE BUILD CAREERS!
Check us out at: www.rowepsc.com
Direct Contact Information:
ROWE Professional Services Company
Attn: HR
540 S. Saginaw St., Ste. 200
Flint, MI 48502
employment@rowepsc.com
Equal Opportunity Employer

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