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Economists Salary in Virginia
Last updated: 2025 BLS data · Page refreshed:
How much do Economists make in Virginia?
Last updated: 2025 data from the Bureau of Labor Statistics
$137,590
Median Annual Salary
▼
-7.0% vs 2024
$144,880
Mean Salary
$137,590
Median Salary
$66.15
Hourly Rate
950 people work as Economists in Virginia
Economists salary by percentile in Virginia
BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).
Economists in Virginia earn a median salary of $137,590 per year ($11,465/month).
This is 23.6% above the national average of $111,296.
Virginia ranks #6 out of 40 states for Economists pay.
Approximately 950 people work in this occupation across Virginia.
Salaries decreased by 7.0% compared to 2024.
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)
Salaries for Economists in Virginia range from $74,600 at the 10th percentile (entry level) to $232,410 at the 90th percentile (experienced). The middle 50% earn between $93,920 and $179,730.
The median annual salary for Economists in Virginia is $137,590 as of 2025. The average (mean) salary is $144,880.
What is the salary range for a Economists in Virginia?
Salaries for Economists in Virginia range from $74,600 at the 10th percentile to $232,410 at the 90th percentile. The middle 50% earn between $93,920 and $179,730.
What is the starting salary for a Economists in Virginia?
Entry-level Economists positions in Virginia typically start around $74,600 (10th percentile). With some experience, salaries rise to $93,920 (25th percentile).
How many people work as Economists in Virginia?
According to 2025 BLS data, approximately 950 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 $66.15 per hour.
Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2025 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.
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