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Economics in Virginia

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Economics Schools in Virginia

1,329 students earned Economics degrees in Virginia in the 2020-2021 year.

As a degree choice, Economics is the 26th most popular major in the state.

Education Levels of Economics Majors in Virginia

Economics majors in the state tend to have the following degree levels:

Education Level Number of Grads
Bachelor’s Degree 1,201
Master’s Degree 89
Doctor’s Degree (Research / Scholarship) 37
Doctor’s Degree (Professional Practice) 37
Doctor’s Degree (Other) 37
Postbaccalaureate Certificate 2
Post-Master’s Certificate 2

Gender Distribution

In Virginia, a economics major is more popular with men than with women.

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Racial Distribution

The racial distribution of economics majors in Virginia is as follows:

  • Asian: 10.0%
  • Black or African American: 3.8%
  • Hispanic or Latino: 6.0%
  • White: 60.6%
  • Non-Resident Alien: 12.6%
  • Other Races: 7.0%
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Jobs for Economics Grads in Virginia

In this state, there are 39,410 people employed in jobs related to an economics degree, compared to 1,144,130 nationwide.

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Wages for Economics Jobs in Virginia

A typical salary for a economics grad in the state is $101,290, compared to a typical salary of $115,590 nationwide.

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There are 10 colleges in Virginia that offer economics degrees. Learn about the most popular 10 below:

528 Degrees in Major Awarded
94% Graduation Rate
25,628 Total Students

15 to 1 is the student to faculty ratio. Grads earn an average early-career salary of $64,712 after earning their degree at this institution. The full-time teacher rate is 95%.

202 Degrees in Major Awarded
70% Graduation Rate
38,541 Total Students

Of all the students who attend this school, 75% get financial aid. 17 to 1 is the student to faculty ratio. Graduates earn an average $55,303 after graduation.

#3

William & Mary

Williamsburg
127 Degrees in Major Awarded
91% Graduation Rate
8,939 Total Students

This public college charges it's students an average net price of $19,593. The average student takes 4.06 years to complete their degree at William & Mary. The student loan default rate is 0.70% which is lower than average.

#4

Virginia Tech

Blacksburg
102 Degrees in Major Awarded
84% Graduation Rate
37,024 Total Students

Students who attend this public school pay an average net price of $21,301. The student loan default rate is 1.20% which is lower than average. The average student takes 4.28 years to complete their degree at Virginia Tech.

63 Degrees in Major Awarded
95% Graduation Rate
2,183 Total Students

The full-time teacher rate is 77%. It takes the average student 4.05 years to graduate. This school boasts a lower than average student loan default rate of 0.40%.

#6

James Madison University

Harrisonburg
57 Degrees in Major Awarded
84% Graduation Rate
21,594 Total Students

Of all the teachers who work at the school, 85% are considered full time. A typical student attending JMU will pay a net price of $22,562. Graduates earn an average $52,050 after graduation.

48 Degrees in Major Awarded
78% Graduation Rate
1,698 Total Students

Seeking financial aid? At this school, 94% of students receive it. It takes the average student 4.18 years to graduate. This public school has an average net price of $22,025.

#8

University of Richmond

University of Richmond
47 Degrees in Major Awarded
87% Graduation Rate
4,056 Total Students

8 to 1 is the student to faculty ratio. The student loan default rate of 1.90% is a good sign that graduates can afford their loan payments. An average student at URichmond will pay a net price of $27,050.

#9

Hampden - Sydney College

Hampden-Sydney
36 Degrees in Major Awarded
66% Graduation Rate
881 Total Students

The student loan default rate of 4.70% is a good sign that graduates can afford their loan payments. In their early career, Hampden - Sydney grads earn an average salary of $49,076. Of all the teachers who work at the school, 91% are considered full time.

#10

University of Mary Washington

Fredericksburg
24 Degrees in Major Awarded
66% Graduation Rate
4,293 Total Students

The student to faculty ratio is 13 to 1. This public college charges it's students an average net price of $23,193. Grads earn an average early-career salary of $46,321 after earning their degree at this institution.

Economics Careers in VA

Some of the careers economics majors go into include:

Job Title VA Job Growth VA Median Salary
Market Research Analysts and Marketing Specialists 27% $67,440
Economics Professors 15% $92,790
Managers 11% $130,590
Economists 7% $122,230

Below are some popular majors in the state that are similar to economics.

Major Annual Graduates in VA
Political Science & Government 1,786
General Social Sciences 1,592
International Relations & Security 1,122
Sociology 937
Criminology 302
Geography & Cartography 233
Anthropology 219
Urban Studies 81

View all majors related to Economics

View Nationwide Economics Report

References

More about our data sources and methodologies.

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