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Economists Salary in Virginia

How much does a Economists make in Virginia?

Last updated: 2024 data from the Bureau of Labor Statistics

$148,010
Median Annual Salary
$149,770
Mean Salary
$148,010
Median Salary
$71.16
Hourly Rate
970 people work as Economists in Virginia

About This Job: Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

Top Skills

Reading Comprehension
4.12
Writing
4.12
Mathematics
4.12
Critical Thinking
4.12
Active Listening
4.0

Key Knowledge Areas

Mathematics
4.67
Economics and Accounting
4.5
English Language
4.3
Computers and Electronics
3.7
Education and Training
3.19
Typical Education: Doctoral Degree (60.9% of workers)

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Economists in Virginia

Salaries for Economists in Virginia range from $79,100 at the 10th percentile (entry level) to $218,880 at the 90th percentile (experienced). The middle 50% earn between $100,920 and $188,390.

Median $148,010
P10: $79,100 P25: $100,920 P75: $188,390 P90: $218,880
10th
$79,100
25th
$100,920
Median
$148,010
75th
$188,390
90th
$218,880
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $79,100 $38.03 $6,591
25th Percentile $100,920 $48.52 $8,410
Median (50th) $148,010 $71.16 $12,334
75th Percentile $188,390 $90.57 $15,699
90th Percentile (Experienced) $218,880 $105.23 $18,240

Note: The mean (average) salary of $149,770 differs from the median because salary distributions are typically skewed by high earners.

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What does this salary really buy? See Economists salary in Virginia adjusted for cost of living →

Economists Salary by State

Compare Economists pay across states — sorted by highest median salary.

View all 50 states →

Frequently Asked Questions

How much does a Economists make in Virginia?
The median annual salary for a Economists in Virginia is $148,010 as of 2024. The average (mean) salary is $149,770.
What is the salary range for a Economists in Virginia?
Salaries for Economists in Virginia range from $79,100 at the 10th percentile to $218,880 at the 90th percentile. The middle 50%% earn between $100,920 and $188,390.
What is the starting salary for a Economists in Virginia?
Entry-level Economists positions in Virginia typically start around $79,100 (10th percentile). With some experience, salaries rise to $100,920 (25th percentile).
How many people work as Economists in Virginia?
According to 2024 BLS data, approximately 970 people are employed as Economists in Virginia.
What is the hourly rate for a Economists in Virginia?
Based on a standard 2,080-hour work year, the median hourly rate for a Economists in Virginia is approximately $71.16 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS