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Economics in Virginia

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Economics Schools in Virginia

1,465 students earned Economics degrees in Virginia in the 2018-2019 year.

As a degree choice, Economics is the 23rd 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 1,368
Master’s Degree 66
Doctor’s Degree (Research / Scholarship) 29
Doctor’s Degree (Professional Practice) 29
Doctor’s Degree (Other) 29
Postbaccalaureate Certificate 2
Post-Master’s Certificate 2

Gender Distribution

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

Economics Majors in VA Gender Diversity Statistics

Racial Distribution

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

  • Asian: 8.5%
  • Black or African American: 4.0%
  • Hispanic or Latino: 5.7%
  • White: 60.2%
  • Non-Resident Alien: 12.9%
  • Other Races: 8.6%
Economics Majors in VA Ethnic Diversity Statistics

Jobs for Economics Grads in Virginia

39,410 people in the state and 1,144,130 in the nation are employed in jobs related to economics.

Economics Jobs Nationwide vs. VA

Wages for Economics Jobs in Virginia

In this state, economics grads earn an average of $101,290. Nationwide, they make an average of $115,590.

jobs nationwide vs. state.

There are 27 colleges in Virginia that offer economics degrees. Learn about the most popular 10 below:

512 Degrees in Major Awarded
93% Graduation Rate
24,639 Total Students

The full-time teacher rate is 95%. The student loan default rate is 1.50% which is lower than average. The average student takes 4.08 years to complete their degree at University of Virginia.

183 Degrees in Major Awarded
69% Graduation Rate
37,316 Total Students

Roughly six years after entering college, graduates of this school earn $44,900 a year. It takes the average student 4.41 years to graduate. The student to faculty ratio is 16 to 1.

157 Degrees in Major Awarded
90% Graduation Rate
8,817 Total Students

57% of students get financical aid. It takes the average student 4.08 years to graduate. Students who attend this public school pay an average net price of $16,383.

#4

Virginia Tech

Blacksburg
141 Degrees in Major Awarded
83% Graduation Rate
34,683 Total Students

The student loan default rate is 1.60% which is lower than average. In their early career, Virginia Tech grads earn an average salary of $48,000. The student to faculty ratio is 14 to 1.

84 Degrees in Major Awarded
91% Graduation Rate
2,223 Total Students

The student to faculty ratio is 8 to 1. An average student at Washington and Lee will pay a net price of $27,083. It takes the average student 4.07 years to graduate.

#6

James Madison University

Harrisonburg
77 Degrees in Major Awarded
83% Graduation Rate
21,751 Total Students

The student loan default rate of 2.30% is a good sign that graduates can afford their loan payments. The student to faculty ratio is 16 to 1. The average student takes 4.23 years to complete their degree at JMU.

#7

University of Richmond

University of Richmond
61 Degrees in Major Awarded
88% Graduation Rate
4,002 Total Students

Of all the students who attend this school, 65% get financial aid. Of all the teachers who work at the school, 69% are considered full time. The student to faculty ratio is 8 to 1.

48 Degrees in Major Awarded
74% Graduation Rate
1,685 Total Students

11 to 1 is the student to faculty ratio. This public school has an average net price of $19,236. Most students complete their degree in 5.60 years.

34 Degrees in Major Awarded
70% Graduation Rate
4,957 Total Students

A typical student attending CNU will pay a net price of $24,185. It takes the average student 4.17 years to graduate. 62% of the teachers are full time.

#10

Hampden - Sydney College

Hampden-Sydney
33 Degrees in Major Awarded
63% Graduation Rate
1,072 Total Students

The student to faculty ratio is 10 to 1. This private institution charges an average net price of $30,321. Seeking financial aid? At this school, 100% of students receive it.

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 1,732
General Social Sciences 1,610
International Relations & Security 1,081
Sociology 888
Criminology 351
Geography & Cartography 342
Anthropology 220
Urban Studies 71

View all majors related to Economics

View Nationwide Economics Report

References

More about our data sources and methodologies.

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