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Economic Research Jobs in Virginia (NOW HIRING)

ICF

Senior Economic Mobility Research Specialist

Reston, VA

$95K - $121K/yr

SENIOR ECONOMIC MOBILITY RESEARCH SPECIALIST ICF is actively seeking a Senior Economic Mobility Research Specialist for our growing economic mobility practice . In this role, you will contribute to ...

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Economic Research information

See Virginia salary details

$10.9K

$103.1K

$228.5K

How much do economic research jobs pay per year?

As of Aug 23, 2026, the average yearly pay for economic research in Virginia is $103,059.00, according to ZipRecruiter salary data. Most workers in this role earn between $49,600.00 and $108,600.00 per year, depending on experience, location, and employer.

What is economic research?

Economic research involves the systematic study and analysis of economic issues, trends, and data to understand how economies function. Researchers in this field collect and interpret data, develop models, and produce reports that help inform policy decisions, business strategies, and academic understanding. Economic research can cover a wide range of topics, such as inflation, employment, trade, and fiscal policy. Professionals in this area often work for government agencies, think tanks, academic institutions, or private companies. Their findings play a key role in shaping economic policy and informing stakeholders about economic conditions.

How do economic researchers typically collaborate with other departments within an organization?

Economic researchers frequently work alongside teams such as finance, policy analysis, and data science to provide critical insights that inform strategic decisions. Collaboration often involves presenting findings, discussing economic models, and interpreting complex data for non-specialist stakeholders. This cross-functional teamwork not only enhances the relevance and impact of research but also helps researchers develop a broader understanding of organizational goals and challenges.

What are the key skills and qualifications needed to thrive in economic research, and why are they important?

To thrive in Economic Research, a solid background in economics, strong analytical abilities, and proficiency in quantitative methods are essential, often supported by an advanced degree in economics or a related field. Familiarity with statistical software such as Stata, R, or SAS, and experience with data analysis tools are typically required. Exceptional written and verbal communication, critical thinking, and attention to detail help researchers interpret data and present findings effectively. These skills are crucial for producing rigorous economic analyses that inform policy, business decisions, and academic understanding.

What is the difference between Economic Research vs Economic Analysis?

AspectEconomic ResearchEconomic Analysis
Primary FocusInvestigating economic theories, trends, and data to generate new insightsApplying existing economic data and theories to evaluate specific issues or policies
Work EnvironmentAcademic, research institutions, think tanks, government agenciesConsulting firms, government departments, private companies
Required CredentialsTypically a degree in economics, often a master's or PhDUsually a degree in economics or related field, often at least a bachelor's or master's

Economic Research involves exploring new economic theories and conducting in-depth studies, often in academic or policy settings. Economic Analysis focuses on applying economic principles to assess specific issues or policies, often in consulting or corporate environments. Both roles require strong economics credentials, but their objectives and work settings differ.

How much do economic researchers get paid?

Economic researchers typically earn a median annual salary of around $70,000 to $100,000, depending on experience, education, and location. Entry-level positions may start lower, while experienced researchers or those in senior roles can earn significantly more, especially with advanced skills in data analysis and econometrics.

What does an economic researcher do?

An economic researcher analyzes economic data, trends, and policies to provide insights that inform decision-making. They use statistical tools and economic models, often working with large datasets, to evaluate economic conditions and forecast future developments. Strong analytical skills and knowledge of economics are essential for this role.

What jobs can I do if I study economics?

Economics graduates can pursue roles such as economic analyst, financial analyst, policy advisor, data analyst, or market researcher. These jobs often require strong analytical skills, proficiency with statistical tools, and understanding of economic principles, and they are found in sectors like finance, government, consulting, and research organizations.

What are the most commonly searched types of Economic Research jobs in Virginia?

The most popular types of Economic Research jobs in Virginia are:

What are popular job titles related to Economic Research jobs in Virginia?

For Economic Research jobs in Virginia, the most frequently searched job titles are:

What job categories do people searching Economic Research jobs in Virginia look for?

The top searched job categories for Economic Research jobs in Virginia are:

What cities in Virginia are hiring for Economic Research jobs?

Cities in Virginia with the most Economic Research job openings:

Economic Research jobs near you
Infographic showing various Economic Research job openings in Virginia as of August 2026, with employment types broken down into 1% Internship, 1% As Needed, 77% Full Time, 19% Part Time, and 2% Contract. Highlights an 83% Physical, 4% Hybrid, and 13% Remote job distribution, with an average salary of $103,059 per year, or $49.5 per hour.

Economic Consultant

Chmura Economics & Analytics

Richmond, VA

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. 


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