Business & Finance Chesapeake, VA
Pop. 249,422
Economist Salary in Chesapeake, Virginia
The median economist salary in Chesapeake, VA is $117,358 per year, which is 3.0% above the national median and 5.5% below the Virginia state average.
City Median
$117,358
vs State Avg
$-6,837
vs National
+$3,418
Cost of Living
98%
Economist Salary in Chesapeake by Experience
In Chesapeake, an entry-level economist earns around $66,950, while experienced professionals earn up to $190,550 per year. The local cost of living index is 98% of the national average.
Entry Level (0-2 yrs)
$66,950
+$1,950 vs national
Mid Level (3-7 yrs)
$118,450
+$3,450 vs national
Senior Level (8+ yrs)
$190,550
+$5,550 vs national
Salary Percentiles in Chesapeake, VA
| Percentile | Chesapeake |
|---|---|
| 10th Percentile | $63,860 |
| 25th Percentile | $84,460 |
| Median (50th) | $117,358 |
| 75th Percentile | $159,650 |
| 90th Percentile | $203,940 |
Economist Salary in Other Virginia Cities
How to Become a Economist in Chesapeake
Education
Most economist positions require a master's degree. Chesapeake and the surrounding Virginia area have institutions offering relevant programs.
Key Skills
EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis
Job Outlook
Nationally, economist employment is projected to grow 6% over the next decade (faster than average). Demand in Chesapeake may vary based on local industry and population growth.