Business & Finance Norfolk, VA
Pop. 238,005
Economist Salary in Norfolk, Virginia
The median economist salary in Norfolk, VA is $115,079 per year, which is 1.0% above the national median and 7.3% below the Virginia state average.
City Median
$115,079
vs State Avg
$-9,116
vs National
+$1,139
Cost of Living
96%
Economist Salary in Norfolk by Experience
In Norfolk, an entry-level economist earns around $65,650, while experienced professionals earn up to $186,850 per year. The local cost of living index is 96% of the national average.
Entry Level (0-2 yrs)
$65,650
+$650 vs national
Mid Level (3-7 yrs)
$116,150
+$1,150 vs national
Senior Level (8+ yrs)
$186,850
+$1,850 vs national
Salary Percentiles in Norfolk, VA
| Percentile | Norfolk |
|---|---|
| 10th Percentile | $62,620 |
| 25th Percentile | $82,820 |
| Median (50th) | $115,079 |
| 75th Percentile | $156,550 |
| 90th Percentile | $199,980 |
Economist Salary in Other Virginia Cities
How to Become a Economist in Norfolk
Education
Most economist positions require a master's degree. Norfolk 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 Norfolk may vary based on local industry and population growth.