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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 salary in Virginia — 2025 BLS percentilesHorizontal bars showing 10th, 25th, 50th, 75th and 90th percentile annual salaries for Economists in Virginia.10thBottom 10% earn less than $74,600$74,60025th25% earn less than $93,920$93,920MedianHalf earn more than $137,590$137,59075th75% earn less than $179,730$179,73090thTop 10% earn more than $232,410$232,410

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)

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

Salary Range: Economists in Virginia

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.

Median $137,590
P10: $74,600 P25: $93,920 P75: $179,730 P90: $232,410
10th
$74,600
25th
$93,920
Median
$137,590
75th
$179,730
90th
$232,410
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $74,600 $35.87 $6,216
25th Percentile $93,920 $45.15 $7,826
Median (50th) $137,590 $66.15 $11,465
75th Percentile $179,730 $86.41 $14,977
90th Percentile (Experienced) $232,410 $111.74 $19,367

Note: The mean (average) salary of $144,880 differs from the median because salary distributions are typically skewed by high earners.

📊 How Does This Compare?

#6
Virginia ranks #6 of 40 states
$111,296
National avg. for Economists
+23.6%
vs. national average
Above Average

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

How much do you actually take home? See Economists take-home pay in Virginia after taxes →

Explore Economists Data in Virginia

Economists Salary by State

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

View all 50 states →

Frequently Asked Questions

How much do Economists make in Virginia?
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.

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Data Source & Methodology

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.

Our Methodology · Data Sources · Source: BLS OEWS

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