Economists pay in Virginia

In Virginia, the median pay for economists is $66.15 an hour ($137,590 a year). About 950 people work in this job there.

$66.15Median hourly pay
$93,920–$179,730Middle half of workers, yearly
950People in this job in Virginia

That is 10% higher than the U.S. median ($124,720). Virginia ranks 6th of 40 states and territories for this job’s median pay.

Pay range for economists in Virginia

Earns more thanHourlyYearly
10% of workers$35.87$74,600
25% of workers$45.15$93,920
Half of workers (median)$66.15$137,590
75% of workers$86.41$179,730
90% of workers$111.73$232,410

Economists pay in Virginia metro areas

Metro areaMedian yearly payPeople in this job
Richmond$112,330120
Virginia Beach-Chesapeake-Norfolk$103,60050

Virginia unemployment rate: 3.6% (August 2026), U.S. Bureau of Labor Statistics.

Education, experience and outlook for economists

  • Typical education to start: Master's degree (BLS)
  • Related work experience most have: 1 to 2 years (O*NET)
  • Job outlook: +4.7% over ten years, about as fast as average · about 1,100 openings a year (BLS)

Related jobs in Virginia

JobMedian yearly pay
Social Scientists and Related Workers, All Other$140,670
Clinical and Counseling Psychologists$86,520
Urban and Regional Planners$86,030
School Psychologists$85,670
Psychologists, All Other$140,640

Other job titles for this job

Agricultural EconomistBusiness EconomistConsultant EconomistEconometricianEconomic AdvisorEconomic AnalystEconomic ConsultantEconomic Development ManagerEconomic Development SpecialistEconomic Research AnalystEconomic SpecialistEconomist

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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.