Business & Finance Virginia (VA) Rank #11 of 50

Economist Salary in Virginia

The median economist salary in Virginia is $124,195 per year, which is 9.0% above the national median of $113,940.

Median Salary
$124,195
vs National
+$10,255
State Rank
#11 of 50
Cost of Living
104%

Economist Salary in Virginia by Experience

In Virginia, an entry-level economist earns around $70,850, while experienced professionals earn up to $201,650 per year. The cost of living index in Virginia is 104% of the national average.

Entry Level (0-2 yrs)
$70,850
+$5,850 vs national
Mid Level (3-7 yrs)
$125,350
+$10,350 vs national
Senior Level (8+ yrs)
$201,650
+$16,650 vs national

Salary Percentiles in Virginia

Percentile VA Salary
10th Percentile $67,580
25th Percentile $89,380
Median (50th) $124,195
75th Percentile $168,950
90th Percentile $215,820

Economist Salary by City in Virginia

The largest employment areas for economists in Virginia include Virginia Beach, Norfolk, Richmond, and Arlington. Salaries vary by city based on local cost of living and demand.

How to Become a Economist in Virginia

Education

Most economist positions require a master's degree. Virginia has several accredited institutions offering relevant programs.

Key Skills

EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis

Job Outlook in Virginia

Nationally, economist employment is projected to grow 6% over the next decade (faster than average). Virginia's demand may vary based on local industry trends.