RateOrchard
DATA PROFILE · 2024

Economists salary in Virginia

Slowingmarket
-35%offers
-1.1%wages
heat31/100

Median, range, employment, and 10-year outlook from BLS Occupational Employment Statistics, with skills and task data from O*NET. Cost-of-living adjustment from BEA Regional Price Parities.

Adrian Serafin, founder and editor of RateOrchardBy Adrian SerafinFounderUpdated April 27, 2026
Median annual$148,010
Mean annual$149,770
Range (10th to 90th)$79,100 to $218,880
Virginia employment970
State vs national+24.1% vs national

Salary distribution

Where Virginia economists fall on the wage curve.

Annual wage distribution

Shaded band = interquartile range (where most full-time workers fall)

10TH$79,10025TH$100,920MEDIAN$148,01075TH$188,39090TH$218,880

The middle 50% of workers earn between $100,920 and $188,390, with a median of $148,010.

Real disclosed salaries

Economists in Virginia: actual employer-disclosed pay

Public records from 29 certified H-1B Labor Condition Applications filed with the U.S. Department of Labor. Median offered wage: $150,300. Every figure below is an actual offered salary an employer attested to under federal law.

By DOL wage level

DOL classifies every offer into one of four wage levels based on the role's experience and skill requirements.

LevelFilingsMedian offer
Level I — entry7$100,000
Level II — qualified16$152,000
Level III — experienced4$158,997
Level IV — fully competent1$220,000

Top employers filing for this role

Companies with the most certified filings for Economists in Virginia. Median offer is across all of that employer's filings.

EmployerMost-filed titleFilingsMedian
Amazon.com Services LLCEconomist II15$152,000
Mercatus Center, Inc.Emerging Scholar2$91,682
Sands Capital Management, LLCSr. Research Associate2$113,596
Hampton UniversityAssistant Professor1$73,000
Optum Services, Inc.Director, Health Management1$159,994
Redfin CorporationSenior Economist1$165,000
AMAZON.COM SERVICES LLCECONOMIST II1$154,500
Potomac Economics Ltd.Associate1$127,192
Smart Development Institute, Inc.Economist1$96,782
Energy Ventures Analysis, Inc.Director - Energy Markets1$220,000

Recent sample filings

A snapshot of recent certified offers. Each line is a real, public, verifiable record.

  • Economist II at Amazon.com Services LLC
    $168,100
    ArlingtonDecided Nov 14, 2025I-200-25309-374908
  • Assistant Professor at Hampton University
    $73,000
    HamptonWage Level IDecided Sep 8, 2025I-200-25241-277636
  • Emerging Scholar at Mercatus Center, Inc.
    $85,000
    ArlingtonWage Level IDecided Sep 3, 2025I-200-25238-267922
  • Director, Health Management at Optum Services, Inc.
    $159,994
    ChantillyWage Level IIIDecided Aug 1, 2025I-200-25206-200125
  • Economist II at Amazon.com Services LLC
    $180,600
    ArlingtonWage Level IIDecided Jul 17, 2025I-200-25191-164533
  • Sr Fellow FAHP Adv Study & Philosophy, Politics & Economics at Mercatus Center, Inc.
    $98,363
    FairfaxWage Level IIIDecided Jun 12, 2025I-200-25157-059864
  • Sr. Research Associate at Sands Capital Management, LLC
    $127,192
    ArlingtonWage Level IIDecided Jun 10, 2025I-200-25154-047359
  • Research Associate, Stewardship at Sands Capital Management, LLC
    $100,000
    ArlingtonWage Level IDecided Jun 4, 2025I-200-25148-024279

Source: U.S. Department of Labor, Office of Foreign Labor Certification. Disclosed wages reflect what employers attested to pay; actual paid wages may differ. Only certified filings are shown — denied and withdrawn cases are excluded.

By seniority

Economists pay by experience level in Virginia

Each band reflects DOL Wage Levels I-IV mapped onto a four-step ladder. Click a level to see the disclosed-wage range for that segment.

Pay by industry

Economists in Virginia, by industry

Median offered wage across 29 certified filings, grouped by NAICS industry sector. Retail and wholesale leads with a median of $153,250.

IndustryLargest employerFilingsMedian offer
Retail and wholesaleAmazon.com Services LLC16$153,250
Professional servicesMercatus Center, Inc.5$127,192
Finance and insuranceSands Capital Management, LLC3$125,000
Nonprofit and civicSmart Development Institute, Inc.2$111,987
EducationHampton University1$73,000
Technology and softwareOptum Services, Inc.1$159,994
Real estateRedfin Corporation1$165,000

Sectors with at least 25 filings link to a dedicated page with full distribution and sample employer breakdown.

Wage trend

Median annual wage in Virginia over the past 2 BLS OES releases. Real values are CPI-adjusted to 2024 dollars.

Median annual wage, Virginia2023 to 2024
$141,1902023$148,0102024

Typical entry

  • Education

    Master's degree

  • Experience

    None

  • On-the-job training

    None

Top skills (O*NET)

  • Mathematics

    Knowledge

    4.6 / 5
  • Economics and Accounting

    Knowledge

    4.5 / 5
  • English Language

    Knowledge

    4.3 / 5
  • Written Comprehension

    Ability

    4.1 / 5
  • Mathematics

    Basic skill

    4.1 / 5
  • Critical Thinking

    Cross-functional

    4.1 / 5
  • Reading Comprehension

    Basic skill

    4.1 / 5
  • Writing

    Basic skill

    4.0 / 5

Common tasks (O*NET)

  1. 01

    Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.

  2. 02

    Conduct research on economic issues, and disseminate research findings through technical reports or scientific articles in journals.

  3. 03

    Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.

  4. 04

    Supervise research projects and students' study projects.

  5. 05

    Teach theories, principles, and methods of economics.

  6. 06

    Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations.

  7. 07

    Formulate recommendations, policies, or plans to solve economic problems or to interpret markets.

  8. 08

    Explain economic impact of policies to the public.

10-year outlook

Growth 2024 → 2034

+1.1%

Projected annual openings

BLS outlook

Slower than average

Source: BLS Employment Projections, 20242034 cycle.

Sponsored

Build the skills employers list for Economists

Online courses from licensed providers. We may earn a commission when you enroll. The commission does not influence our rankings or wage data.

Explore courses

Top metros in Virginia

Metro-level salary data for economists in major Virginia metropolitan areas.

Compare Economists pay across nearby states

Frequently asked questions

What is the median salary for Economists in Virginia?
According to BLS Occupational Employment Statistics, the median annual wage for Economists in Virginia is $148,010.
How does Virginia compare to the national median for Economists?
The Virginia median is +24.1% versus the BLS national figure of $119,230.
What is the salary range for Economists in Virginia?
BLS reports the 10th-percentile annual wage at $79,100 and the 90th-percentile at $218,880, which captures most full-time workers in the role.
Is Economists a growing field?
BLS Employment Projections show employment growing by 1.1% over the projection cycle. See the 10-year outlook section above for details.
What education is required for Economists?
BLS lists the typical entry-level education as Master's degree. Many employers also weigh prior experience and credentials.
Disclaimer

Information on this page is for general educational purposes only. It is not career, financial, or tax advice. Wage data reflects BLS estimates for the reference year shown and may not match individual offers, employer-specific ranges, or current market conditions. Confirm with a licensed professional before making career or compensation decisions.