How Much do Economists Make in Virginia?

Do economists in Virginia make a lot of money? What is the average pay for Virginia economists?

According to the Bureau of Labor Statistics, economists in Virginia earn an average of $125,490 a year, equivalent to $60.33 an hour.

This is 8% more than economists nationwide and 121% more than the typical Virginia worker.

  • Latest wage data is for May 2019
  • Pre-tax earnings; Wages only - does not include benefits
Virginia Economist Wages by Percentile
Percentile Hourly Annually
90th $90.91 $189,100
75th $75.43 $156,890
50th $58.76 $122,230
25th $44.38 $92,320
10th $33.87 $70,450
Virginia Economists Wages by Metro Area
  • Data is for the entire metro area, not just the city
Metro Area Hourly Annually
Richmond $53.69 $111,670
Virginia Economist Wages by Year
Year Hourly Annually
2019 $60.33 $125,490
2018 $60.62 $126,080
2017 $59.76 $124,300
2016 $60.80 $126,460
2015 $59.01 $122,740
2014 $58.17 $120,990
2013 $57.76 $120,150
2012 $55.90 $116,280
2011 $56.59 $117,700