How to Become a Economists in Virginia
Economists in Virginia earn a median salary of $148,010/year, which is 28% above the national average. Virginia has a state income tax of ~5.4%. After taxes and rent, a economists takes home approximately $7,248/month. Most positions require Bachelor's degree.
What a economists can afford in Virginia
Becoming a economists in Virginia
Meet education requirements
Economists positions in Virginia typically require Bachelor's degree. Programs are available at colleges and training institutions across Virginia. Research accredited programs in your area.
Gain required experience
Many economists positions in Virginia require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Virginia licensure or certification
Virginia may require specific licensing or professional certification for economistss. Requirements vary by state — contact the Virginia Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Virginia
Virginia employs 970 economists. The highest concentrations are in Virginia Beach-Chesapeake-Norfolk and Richmond.
Economists salary by metro area in Virginia
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Virginia Beach-Chesapeake-Norfolk | $125K | $59.99/hr | 40 |
| Richmond | $119K | $57.02/hr | 160 |
Economists salary range in Virginia
Economists careers in other states
Frequently asked questions
How much does a economists make in Virginia?▼
The median economists salary in Virginia is $148,010 per year ($71.16/hr). This is 28% above the national median of $115,440. Salaries range from $79,100 to $218,880.
What are the requirements to become a economists in Virginia?▼
Economists positions in Virginia typically require Bachelor's degree. Virginia may have specific licensing or certification requirements. Check with the Virginia licensing board or department of labor for current requirements.
Can a economists afford to live in Virginia?▼
At the median salary of $148,010, a economists in Virginia would take home approximately $8,660/month after taxes. With median 2-bedroom rent at $1,412/month, that's 16.3% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for economists in Virginia?▼
The highest paying metro areas for economists in Virginia are Virginia Beach-Chesapeake-Norfolk ($124,780), Richmond ($118,610). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Virginia have state income tax for economists?▼
Yes, Virginia has a state income tax rate of approximately 5.4%. On a $148,010 salary, this means roughly $7,994/year in state income tax. Use our take-home pay calculator for a detailed breakdown.