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Applied Economics Jobs in Virginia (NOW HIRING)

Economist (Sr.)

Vienna, VA

$92K - $116K/yr

Approaches the position with practical experience in applied economics and economic development, preferably as applied to transportation and logistics. * Provides project leadership in support of ...

Economist (Sr.)

Vienna, VA · On-site

$92K - $116K/yr

Approaches the position with practical experience in applied economics and economic development, preferably as applied to transportation and logistics. * Provides project leadership in support of ...

Economist (Sr.)

Vienna, VA · On-site

$120 - $180/hr

Approaches the position with practical experience in applied economics and economic development, preferably as applied to transportation and logistics. * Provides project leadership in support of ...

Economist

Vienna, VA · On-site

$95 - $140/hr

Practical experience in applied economics and economic development preferred. * Exceptional communication and interpersonal skills to interface effectively with all levels of the organization.

Economist

Vienna, VA · On-site

Practical experience in applied economics and economic development preferred. * Exceptional communication and interpersonal skills to interface effectively with all levels of the organization.

Economist

Vienna, VA · On-site

Practical experience in applied economics and economic development preferred. * Exceptional communication and interpersonal skills to interface effectively with all levels of the organization.

Practical experience in applied economics and economic development preferred. * Exceptional communication and interpersonal skills to interface effectively with all levels of the organization.

Practical experience in applied economics and economic development preferred. * Exceptional communication and interpersonal skills to interface effectively with all levels of the organization.

$74K/yr

... applied economics methods, quantitative social science, statistics, and / or operations research to perform studies and prepare reports, documentation, and correspondence to communicate factual and ...

Economist

Alexandria, VA · On-site

$74K/yr

... applied economics methods, quantitative social science, statistics, and / or operations research to perform studies and prepare reports, documentation, and correspondence to communicate factual and ...

Economist

Dahlgren, VA · On-site

$74K/yr

... applied economics methods, quantitative social science, statistics, and / or operations research to perform studies and prepare reports, documentation, and correspondence to communicate factual and ...

$74K/yr

... applied economics methods, quantitative social science, statistics, and / or operations research to perform studies and prepare reports, documentation, and correspondence to communicate factual and ...

Economist

Fort Eustis, VA · On-site

$74K/yr

... applied economics methods, quantitative social science, statistics, and / or operations research to perform studies and prepare reports, documentation, and correspondence to communicate factual and ...

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Showing results 1-20

Applied Economics information

See Virginia salary details

$45.6K

$81.4K

$121.4K

How much do applied economics jobs pay per year?

As of Aug 23, 2026, the average yearly pay for applied economics in Virginia is $81,361.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,400.00 and $97,700.00 per year, depending on experience, location, and employer.

What is an applied economics?

An Applied Economics job involves using economic theories, data analysis, and statistical methods to solve real-world problems in industries such as finance, healthcare, government, and consulting. Professionals in this field analyze market trends, evaluate policies, forecast economic outcomes, and provide data-driven recommendations to businesses or policymakers. These roles often require strong analytical skills, proficiency in econometrics, and expertise in using economic models to inform decision-making.

What are the typical projects or responsibilities for someone working in applied economics?

Professionals in Applied Economics often focus on projects that use data analysis and economic modeling to solve real-world problems, such as forecasting market trends, evaluating public policies, or advising businesses on strategic decisions. Day-to-day tasks might include gathering and cleaning large datasets, conducting econometric analysis, preparing reports, and presenting findings to stakeholders. Collaboration with interdisciplinary teams such as data scientists, business strategists, or policymakers is common to ensure accurate interpretation and implementation of results. This role offers excellent opportunities for career growth, as applied economists are in high demand across sectors like finance, government, consulting, and research institutions.

What are the key skills and qualifications needed to thrive in the applied economics position, and why are they important?

To thrive in Applied Economics, a strong background in economic theory, quantitative analysis, and statistical modeling is essential, typically supported by a relevant degree such as economics, mathematics, or statistics. Proficiency with statistical software tools like Stata, R, SAS, or Python, and sometimes certifications in data analysis, are highly valued. Outstanding analytical thinking, problem-solving abilities, and clear communication skills help distill complex data into actionable insights for both technical and non-technical audiences. Mastery of these skills enables professionals to provide evidence-based recommendations that drive real-world business or policy decisions.

Is an applied economics degree worth it?

An applied economics degree prepares individuals for roles such as economic analyst, policy advisor, or data analyst, often requiring strong analytical and quantitative skills. The degree can lead to careers in finance, government, or consulting, with job prospects influenced by economic conditions and additional certifications like data analysis tools. Its value depends on career goals and the ability to apply economic principles practically.

What are applied economics jobs?

Applied economics jobs involve using economic theories and data analysis to solve real-world problems in areas such as finance, public policy, healthcare, and business. These roles often require skills in statistical software, data interpretation, and economic modeling to inform decision-making and policy development.

What do you do in applied economics?

Applied economics involves analyzing real-world economic issues using data, statistical methods, and economic theories to inform decision-making. Professionals in this field often conduct research, develop models, and provide policy recommendations to solve practical problems across industries and government sectors.
Infographic showing various Applied Economics job openings in Virginia as of August 2026, with employment types broken down into 50% Full Time, and 50% Part Time. Highlights an 100% In-person job distribution, with an average salary of $81,361 per year, or $39.1 per hour.

Full-time

Posted 18 days ago


Job description

Description

The Economic Consultant is responsible for independently managing consulting engagements and delivering economic analysis that helps clients solve complex business and workforce challenges. This role conducts economic and labor market research, applies quantitative and econometric techniques, and develops data-driven recommendations that support client decision-making.

Working directly with clients, the Economic Consultant manages multiple projects simultaneously, presents research findings, and contributes to proposal development and thought leadership initiatives. This position requires strong analytical skills, sound professional judgment, and the ability to translate complex economic concepts into practical business insights


Essential ResponsibilitiesConsulting & Economic Analysis
  • Conduct independent research on local, regional, and national economic and labor market issues. 
  • Collect, analyze, validate, and interpret quantitative data to support consulting engagements. 
  • Apply forecasting techniques, econometric methods, and economic models to address client business and workforce challenges. 
  • Develop data-driven recommendations based on research findings and economic analysis. 
  • Prepare reports, presentations, and consulting deliverables for technical and executive audiences. 
  • Translate complex analytical findings into clear, actionable business insights. 
Project Management & Client Engagement
  • Independently manage multiple consulting engagements while balancing competing priorities and deadlines. 
  • Coordinate project timelines, deliverables, and client expectations to ensure successful project completion. 
  • Serve as a primary point of contact for clients throughout consulting engagements. 
  • Present research findings and recommendations to clients and internal stakeholders. 
  • Support proposal development and contribute to statements of work for prospective clients. 
Continuous Improvement
  • Identify opportunities to improve consulting methodologies, analytical tools, and internal processes. 
  • Contribute to knowledge sharing and consulting best practices across the organization. 
  • Support research publications, webinars, and other thought leadership initiatives. 
  • Continue developing expertise in emerging economic research methods, software, and consulting practices.



Requirements

  Required

  • Master's degree in Economics or a related quantitative field. 
  • 2-5 years of experience in applied economics, consulting, or a related analytical field. 
  • Experience applying econometric techniques, forecasting methodologies, and economic models. 
  • Experience managing consulting projects and client deliverables. 
  • Advanced proficiency with Microsoft Excel and Microsoft Office Suite. 
  • Excellent written, verbal, and presentation communication skills. 
Preferred Skills
  • Economic and labor market analysis 
  • Quantitative and statistical analysis 
  • Economic modeling and forecasting 
  • Client consulting and relationship management 
  • Project management 
  • Data visualization and presentation development 
  • Proposal development 
  • Technical writing 
Core CompetenciesAnalytical Thinking

Independently evaluates complex data, applies advanced analytical methodologies, and develops sound economic analyses that support client decision-making.

Communication

Communicates technical concepts effectively to technical and non-technical audiences through reports, presentations, and client discussions.

Collaboration

Builds productive relationships across consulting teams and business functions while contributing to shared project goals and organizational success.

Customer Focus

Anticipates client needs and delivers thoughtful, data-driven solutions that create measurable value.

Accountability

Independently manages priorities, follows through on commitments, and consistently delivers high-quality work on time.

Continuous Improvement

Identifies opportunities to improve consulting methodologies, analytical tools, and internal processes while contributing to organizational knowledge sharing.

Professional Judgment

Exercises independent judgment when resolving standard and moderately complex consulting challenges and recognizes when collaboration or additional expertise is needed for highly complex issues.Â