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Economic Modeling Jobs in Washington (NOW HIRING)

Capital One

Principal Quantitative Modeler

Mclean, VA · On-site

$55.25 - $71.75/hr

This position is part of Capital One's Credit Risk Management Modeling team. In this team, we use multiple cloud-based open-sourced technologies to develop econometric and machine learning models and ...

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Thinkbrg

Managing Economist

Washington, DC · On-site

$200K - $300K/yr

... economic, statistical, and financial analysis, modeling of financial data and markets, management of existing client relationships, development and presentation of client deliverables, management of ...

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Economic Modeling information

See Washington salary details

$37.4K

$121.9K

$169.3K

How much do economic modeling jobs pay per year?

As of Aug 14, 2026, the average yearly pay for economic modeling in Washington is $121,861.00, according to ZipRecruiter salary data. Most workers in this role earn between $104,200.00 and $131,900.00 per year, depending on experience, location, and employer.

What are the common challenges faced in economic modeling?

One of the primary challenges in Economic Modeling is ensuring the accuracy and reliability of complex forecasts in the face of uncertain or incomplete data. Economic modelers must regularly update and recalibrate models to reflect changing market conditions, regulations, and global events. Collaboration with data analysts, business leaders, and policy experts is often required to validate assumptions and interpret results. Successfully balancing theoretical rigor with practical application is key, and continuous learning is important for staying current with new modeling techniques and technologies.

What are the key skills and qualifications needed to thrive in economic modeling?

To thrive in Economic Modeling, a strong background in economics, statistics, and mathematics is essential, typically supported by at least a bachelor's degree in a quantitative field. Familiarity with econometric software and programming languages such as R, Python, SAS, or Stata is highly valued, along with certifications in data analysis or applied economics. Strong analytical thinking, attention to detail, and the ability to communicate complex findings clearly are crucial soft skills for this role. These skills enable professionals to develop accurate models and deliver actionable insights that support evidence-based decision-making in business or policy.

What do economic modeling do?

Economic modeling involves creating mathematical representations of economic systems to analyze and forecast economic behavior, policy impacts, or market trends. Economists use tools like statistical software and data analysis to develop these models, which support decision-making in finance, government, and business environments.

What is economic modeling?

An Economic Modeling job involves using mathematical and statistical techniques to analyze economic data, forecast trends, and evaluate policies or business decisions. Professionals in this role develop models to simulate economic scenarios and assess the potential impact of various factors, such as policy changes, market fluctuations, or consumer behavior. They work in industries like government, finance, consulting, and academia to provide data-driven insights that support decision-making. Strong analytical skills, proficiency in software like Python, R, or Excel, and a background in economics or finance are typically required.

What are popular job titles related to Economic Modeling jobs in Washington?

For Economic Modeling jobs in Washington, the most frequently searched job titles are:

What job categories do people searching Economic Modeling jobs in Washington look for?

The top searched job categories for Economic Modeling jobs in Washington are:

Economic Modeling jobs near you
Infographic showing various Economic Modeling job openings in Washington as of August 2026, with employment types broken down into 89% Full Time, 10% Part Time, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $121,861 per year, or $58.6 per hour.

Operations Research Analyst - Mid with Security Clearance

Gateway Geospatial Group

Washington, DC • On-site

$111K - $131K/yr

Other

Re-posted 16 days ago

Job description

About the role The Operations Research Analyst applies advanced quantitative techniques to improve decision making across defense economic, logistics, and infrastructure domains. This role leverages optimization, simulation, and statistical forecasting to provide data-driven recommendations that increase mission effectiveness. Analysts in this position are expected to work closely with leadership to convert operational challenges into mathematical models that yield actionable insights. Responsibilities * Develop models to analyze mission performance and resource allocation. * Apply optimization and simulation techniques to mission problems. * Prepare decision-support products for government stakeholders. * Translate operational challenges into quantifiable models. * Support long-range planning through statistical forecasting. Required qualifications * Active TS/SCI clearance. * Bachelor's degree in Operations Research, Industrial Engineering, Mathematics, or related field OR 9+ years of relevant experience in lieu of a degree. * 5+ years of experience in applied quantitative analysis. * Proficiency in optimization software and statistical tools. Preferred qualifications * Master's in Operations Research or Applied Mathematics. * Experience with military logistics or infrastructure planning. * Familiarity with economic modeling.

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