How much does an economist make in Richmond?
$112,300a year
Median yearly pay for economists in the Richmond, VA metro area. That is $54.00 an hour or $9,361 a month.
- Hourly
- $54.00
- Vs. national median
- -10%
- Rank among cities
- 28 of 62
- Jobs in the area
- 120
Pay range
Lowest 10%: $77,220Median: $112,300Highest 10%: $267,100
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $77,220 | $37.13 | |
| 25th | $94,860 | $45.61 | |
| Median | $112,300 | $54.00 | |
| 75th | $153,500 | $73.80 | |
| 90th | $267,100 | $128.42 |
Other cities in Virginia
Median yearly pay for economists.
| Washington, DC | $156,800 |
| Virginia Beach, VA | $103,600 |
Related jobs in Richmond
Same field, median yearly pay.
| Psychologist | $152,100 |
| Nuclear Technician | $122,200 |
| Microbiologist | $90,930 |
| Chemist | $87,580 |
| Social Scientist and Related Worker | $85,030 |
| Occupational Health and Safety Specialist | $83,420 |
| Epidemiologist | $82,460 |
| School Psychologist | $82,440 |
| Geoscientist | $80,490 |
| Environmental Scientist and Specialist | $80,350 |
Frequently asked questions
How much does an economist make an hour in Richmond?
The median hourly pay in the Richmond, VA metro area is $54.00 ($112,300 a year).
Do economists make more in Richmond than the national average?
No: $112,300 against $124,700 nationally, 10% less.
How does Richmond compare with the rest of Virginia?
The median in Virginia is $137,600, so Richmond pays 18% less.
Where does Richmond rank for economist pay?
28 of 62 metro areas with data.
How much does an economist make starting out in Richmond?
The lowest-paid 10% make $77,220 or less a year; the top 10% make $267,100 or more.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.