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Forecasting Analyst Jobs in Virginia (NOW HIRING)

CoStar Group

Econometric Forecasting Lead

Richmond, VA · On-site

Work with the analytics team to serve up data for the development of dashboards to track forecast accuracy, making insights actionable for analysts, department leaders, and executives. * Continually ...

CoStar

Econometric Forecasting Lead

Richmond, VA

Work with the analytics team to serve up data for the development of dashboards to track forecast accuracy, making insights actionable for analysts, department leaders, and executives. Continually ...

Freddie Mac

Financial Planning & Analysis Manager

Mclean, VA · On-site

$106K - $140K/yr

The FP&A Manager will play a critical role in leading financial forecasting for quarterly forecast, annual stress testing, and scenario-based analysis. This individual will lead a group of analysts ...

Nestle

Sr. Data Scientist (Forecasting)

Arlington, VA

$110K - $160K/yr

... data, analytics, and innovative technology to deliver transformative solutions and business ... You'll design and deploy production-grade forecasting models, embed AI into how forecasts get ...

Smithfield Foods, Inc.

Commodity Analyst

Smithfield, VA · On-site

$55K - $82K/yr

Financial Analysis and Forecasting: Analyze financial information to forecast business, industry, and economic conditions and communicate results to appropriate parties. * Economic and Industry ...

Smithfield Foods

Commodity Analyst

Smithfield, VA · On-site

$55K - $82K/yr

Financial Analysis and Forecasting: Analyze financial information to forecast business, industry, and economic conditions and communicate results to appropriate parties. * Economic and Industry ...

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Forecasting Analyst information

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$38.2K

$103.9K

$128.9K

How much do forecasting analyst jobs pay per year?

As of Aug 8, 2026, the average yearly pay for forecasting analyst in Virginia is $103,880.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,300.00 and $128,400.00 per year, depending on experience, location, and employer.

What does a forecasting analyst do?

A Forecasting Analyst analyzes historical data, market trends, and economic conditions to predict future business performance. They use statistical models, data visualization, and forecasting software to provide insights that help organizations make informed decisions. Their work is essential for budgeting, inventory management, and strategic planning across various industries. Additionally, they collaborate with different departments to ensure accurate and efficient forecasting processes.

What are the key skills and qualifications needed to thrive as a forecasting analyst?

Strong analytical skills, attention to detail, and experience with statistical modeling are essential for a Forecasting Analyst, usually supported by a degree in mathematics, statistics, economics, or a related field. Proficiency in tools such as Microsoft Excel, SQL, Python or R, and experience with forecasting software or business intelligence platforms like Tableau are highly valued. Effective communication, problem-solving abilities, and the capacity to present complex data clearly are important soft skills for this role. These competencies ensure accurate forecasts and actionable insights, supporting strategic decision-making within an organization.

What are the most commonly searched types of Forecasting Analyst jobs in Virginia? The most popular types of Forecasting Analyst jobs in Virginia are:
What are popular job titles related to Forecasting Analyst jobs in Virginia? For Forecasting Analyst jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Forecasting Analyst jobs in Virginia look for? The top searched job categories for Forecasting Analyst jobs in Virginia are:
What cities in Virginia are hiring for Forecasting Analyst jobs? Cities in Virginia with the most Forecasting Analyst job openings:
Forecasting Analyst jobs near you
Infographic showing various Forecasting Analyst job openings in Virginia as of August 2026, with employment types broken down into 85% Full Time, 7% Part Time, 1% Temporary, and 7% Contract. Highlights an 81% Physical, 7% Hybrid, and 12% Remote job distribution, with an average salary of $103,880 per year, or $49.9 per hour.

Econometric Forecasting Lead

CoStar Group

Richmond, VA • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 23 days ago

Job description

Econometric Forecasting Lead
Job Description
OVERVIEW
CoStar Group is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index, CoStar Group is on a mission to digitize the world's real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives.
We have been living and breathing the world of real estate information and online marketplaces for over 35 years, giving us the perspective to create truly unique and valuable offerings to our Clients. We've continually refined, transformed and perfected our approach to our business, creating a language that has become standard in our industry, for our Clients, and even our competitors. We continue that effort today and are always working to improve and drive innovation. This is how we deliver for our Clients, our employees, and investors. By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate.
ABOUT THE ROLE
We are seeking a highly skilled and results-driven Econometric Forecasting Lead to take ownership of enhancing and improving our commercial real estate forecasting models. The successful candidate will have a strong background in econometrics, statistical modeling, and commercial real estate, with expertise in improving forecasting accuracy, innovating new models, and refining existing processes. This individual will play a key role in our analytics team, working closely with product, research, and quantitative analytics teams to improve our product offerings and ensure our forecasting models remain robust and reliable.
This is a full-time in-office position that will be based in our Richmond, VA office.
RESPONSIBILITIES
  • Monitor and track forecast accuracy using defined metrics (e.g., RMSE, MAE), providing regular reports on accuracy/back testing and serving up data points used.
  • Work with the analytics team to serve up data for the development of dashboards to track forecast accuracy, making insights actionable for analysts, department leaders, and executives.
  • Continually explore new economic inputs and refine existing variables and coefficients to enhance the precision and accuracy of existing forecasting models.
  • Conduct independent and creative quantitative research applied towards the evaluation, tracking, and improvement of CRE models, data series and estimations
  • Lead and refine the quarterly review process for forecast accuracy, incorporating feedback from analysts and external factors to improve models.
  • Develop and innovate new forecast models for specialty real estate sectors, nowcasts, space-level analytics, and other emerging real estate markets.
  • Maintain clear documentation on forecast models and methodologies, including explanation of inputs, variables, etc.
  • Provide ongoing education to analytics team on forecast updates and drivers and forecast accuracy.
  • Lead communication of forecast process, guidelines, results, and updates to external customers, including back testing and accuracy review. Assist customers with model validations.

BASIC QUALIFICATIONS
  • Master's degree in econometrics, statistics, data science, or related field from an accredited, not-for-profit, in-person college or university.
  • Track record of commitment to prior employers.
  • 5-7+ years of relevant experience in years of experience in econometric modeling, quantitative analytics, or commercial real estate forecasting.
  • Strong proficiency in SQL (SSMS/Databricks), R, Python, for data manipulation, analysis, and modeling (proficiency in Stata a plus).
  • Expertise in econometric models, including regression analysis, time series forecasting, and advanced statistical techniques.
  • Hands-on experience working with large data sets.
  • Proven experience in developing and refining forecasting models.
  • Strong understanding of commercial real estate dynamics, market drivers, and forecasting challenges.
  • Exceptional communication skills, with the ability to explain complex models to non-technical stakeholders.
  • Highly organized with heightened attention to detail
  • Proactive and self-driven, consistently taking initiative to identify and implement improvements.

PREFERRED QUALIFICATIONS
  • Advanced degree (Master's, PhD) in econometrics, statistics, data science, or related field from an accredited, not-for-profit, in-person college or university.
  • Experience with Python-based common data science tools such as Jupyter Notebooks, Numpy, Pandas, Scikit-learn, etc.
  • Experience writing clean, reproducible, robust, and scalable analysis code
  • Familiarity with cloud platforms (e.g., AWS, Azure) and data migration processes.
  • Experience in space-level analytics or granular building data modeling.

WHAT'S IN IT FOR YOU:
When you join CoStar Group, you'll experience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed.
We offer you generous compensation and performance-based incentives. CoStar Group also invests in your professional and academic growth with internal training and tuition reimbursement.
Our benefits package includes (but is not limited to):
  • Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug
  • Life, legal, and supplementary insurance
  • Virtual and in person mental health counseling services for individuals and family
  • Commuter and parking benefits
  • 401(K) retirement plan with matching contributions
  • Employee stock purchase plan
  • Paid time off
  • Tuition reimbursement
  • On-site fitness center and/or reimbursed fitness center membership costs (location dependent), with yoga studio, Pelotons, personal training, group exercise classes
  • Access to CoStar Group's Employee Resource Groups
  • Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks

We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply. However, please note that CoStar Group is not able to provide visa sponsorship for this position.
The final salary or hourly rate offered for this rolewill fall within the range set forth below based on a variety of factors, including but not limited to, geographic location, skills, and competencies.
Base Compensation: $137,800.00 - $235,400.00 Annually
#LI-DG4
CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing

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