The average salary for an economist in Virginia is around $137,590 per year.
Avg Salary
Economists earn an average yearly salary of $137,590.
Wages typically start from $74,600 and go up to $232,410.
93% above national average Updated in 2025
Economist earnings by seniority
90th percentile
Top-level economist earnings begin at:
$111.73 per hour
$232,410 per year
75th percentile
Senior-level economist earnings begin at:
$86.41 per hour
$179,730 per year
50th percentile
Mid-level economist earnings begin at:
$66.15 per hour
$137,590 per year
25th percentile
Junior-level economist earnings begin at:
$45.15 per hour
$93,920 per year
10th percentile
Starting level economist earnings begin at:
$35.87 per hour
$74,600 per year
Approximate values based on highest and lowest earning segments.
Economist salary by state
| State Name | Average Salary |
|---|---|
| Iowa | $96,310 |
| Arkansas | $91,560 |
| Maine | $91,480 |
| Nevada | $91,340 |
| Utah | $90,750 |
| Oklahoma | $89,980 |
| Montana | $89,340 |
| New Hampshire | $86,130 |
| Wisconsin | $84,000 |
| Hawaii | $83,050 |
| Vermont | $81,700 |
| Indiana | $80,750 |
| Arizona | $79,610 |
| Nebraska | $75,880 |
| South Carolina | $75,380 |
| Louisiana | $73,050 |
| Wyoming | $72,730 |
| Kentucky | $71,400 |
| New Mexico | $67,700 |
| Mississippi | $65,410 |
| West Virginia | $65,350 |
| Puerto Rico | $35,640 |
| District of Columbia | $167,590 |
| New Jersey | $167,550 |
| Delaware | $159,120 |
| Maryland | $144,680 |
| Kansas | $138,790 |
| Virginia | $137,590 |
| New York | $136,660 |
| North Carolina | $136,150 |
| Idaho | $131,270 |
| Alabama | $129,960 |
| Georgia | $122,570 |
| Oregon | $122,120 |
| Texas | $121,420 |
| Colorado | $121,410 |
| Ohio | $120,000 |
| California | $119,410 |
| Tennessee | $117,650 |
| Missouri | $117,010 |
| Pennsylvania | $115,000 |
| Alaska | $111,040 |
| Washington | $109,300 |
| Massachusetts | $106,380 |
| Michigan | $106,350 |
| Illinois | $105,980 |
| Minnesota | $105,120 |
| Florida | $102,430 |
| Connecticut | $101,400 |
How do economist salaries compare to similar careers?
Economists earn about the same as related careers in Virginia. On average, they make less than supply chain managers but more than operations research analysts.
| Career | Median Salary |
|---|---|
| Supply chain manager salary | $166K |
| Investment fund manager salary | $166K |
| Financial advisor salary | $103K |
| Fundraising manager salary | $144K |
| Mathematician salary | $148K |
| Economist salary | $138K |
| Operations manager salary | $122K |
| Actuary salary | $132K |
| Business analyst salary | $118K |
| Operations research analyst salary | $129K |
Source: CareerExplorer (Aggregated)