Virginia · Economics

Best colleges for Economics in Virginia

Ranked by graduate earnings

University of Virginia, Washington and Lee University and William & Mary are the top bachelor's Economics programs in Virginia by graduate earnings. University of Virginia leads with median earnings one year after graduation (often called starting salary) of $74,958, College Scorecard. University of Virginia, George Mason University and Virginia Polytechnic Institute and State University award the most Economics degrees in Virginia: 385, 157 and 137 graduates a year (IPEDS 2024–25). 24 Virginia colleges offer Economics and award 1,093 degrees and certificates a year in all.

The Economics program provides students with a comprehensive understanding of the production, distribution, and consumption of goods and services. It explores how economies function and how individuals respond to various incentives, making…

Institutions
24
offering CIP 45.06
States & territories
52
with a program page
Degrees / yr
1,093
IPEDS completions 2024–25
Median starting salary
$56,261
1 yr after graduation, College Scorecard
With earnings data
12
College Scorecard
Median net price
$21,933
IPEDS 2024–25
Avg graduation rate
68%
IPEDS 2024–25
State pay · Economists
$144,880
BLS OEWS May 2025

Top 10 bachelor's programs, ranked by graduate earnings

Ranked by median earnings one year after graduation (often called starting salary), College Scorecard. Programs with fewer than 20 graduates a year, a graduation rate under 30%, or online, degree-completion or graduate-only status rank after the rest.

Starting salary (1 yr): median earnings one year after graduation (often called starting salary), College Scorecard.
#InstitutionStarting salary (1 yr)Graduates / yrGrad rateNet priceMedian debt
1University of Virginia
Charlottesville Public · Bachelor's degree
$74,95838596%—$19,000
2Washington and Lee University
Lexington Private not-for-profit · Bachelor's degree
$71,7373394%$11,983$23,399
3William & Mary
Williamsburg Public · Bachelor's degree
$65,60311489%—$19,678
4James Madison University
Harrisonburg Public · Bachelor's degree
$62,2867380%—$18,575
5University of Richmond
University of Richmond Private not-for-profit · Bachelor's degree
$61,0274185%$24,049$23,000
6Virginia Polytechnic Institute and State University
Blacksburg Public · Bachelor's degree
$56,26113786%—$22,500
7George Mason University
Fairfax Public · Bachelor's degree
$53,02415768%—$21,500
8Hampden-Sydney College
Hampden-Sydney Private not-for-profit · Bachelor's degree
$52,1552262%$21,034$27,000
9Virginia Military Institute
Lexington Public · Bachelor's degree
$46,0464576%—$23,250
10Christopher Newport University
Newport News Public · Bachelor's degree
$45,3093272%—$23,125

Colleges awarding the most Economics degrees in Virginia

Top 10 by graduates a year (IPEDS 2024–25 completions). Certificate and associate programs, online, degree-completion and graduate-only schools, and schools with a graduation rate under 30% are listed in full below.

Graduates / yr: degrees and certificates awarded in a year, IPEDS completions. Starting salary (1 yr): median earnings one year after graduation (often called starting salary), College Scorecard.
#InstitutionGraduates / yrStarting salary (1 yr)
1University of Virginia
Charlottesville Public
385$74,958
2George Mason University
Fairfax Public
157$53,024
3Virginia Polytechnic Institute and State University
Blacksburg Public
137$56,261
4William & Mary
Williamsburg Public
114$65,603
5James Madison University
Harrisonburg Public
73$62,286
6Virginia Military Institute
Lexington Public
45$46,046
7University of Richmond
University of Richmond Private not-for-profit
41$61,027
8Washington and Lee University
Lexington Private not-for-profit
33$71,737
9Christopher Newport University
Newport News Public
32$45,309
10Hampden-Sydney College
Hampden-Sydney Private not-for-profit
22$52,155
Show the other 14 Virginia colleges offering Economics
InstitutionCityControlGraduates / yr
University of Mary WashingtonFredericksburgPublic11
Virginia Commonwealth UniversityRichmondPublic10
Radford UniversityRadfordPublic8
Old Dominion UniversityNorfolkPublic6
Longwood UniversityFarmvillePublic4
Regent UniversityVirginia BeachPrivate not-for-profit3
Bridgewater CollegeBridgewaterPrivate not-for-profit2
Emory & Henry UniversityEmoryPrivate not-for-profit2
University of LynchburgLynchburgPrivate not-for-profit2
Roanoke CollegeSalemPrivate not-for-profit2
Eastern Mennonite UniversityHarrisonburgPrivate not-for-profit1
Hollins UniversityRoanokePrivate not-for-profit1
Marymount UniversityArlingtonPrivate not-for-profit1
Sweet Briar CollegeSweet BriarPrivate not-for-profit1

Career outlook

What this program leads to: Economists (SOC 19-3011).

Projected growth (2024–2034)
+1.2%
Little or no change
Openings / yr (US)
~900
BLS Employment Projections
US median wage
$115,440
typically Master's degree

Top skills

Critical ThinkingMathematicsReading ComprehensionSpeakingActive ListeningWriting

What Economists earn in Virginia

Jobs in Virginia
950
BLS OEWS May 2025
State average pay
$144,880
median $137,590
Best-paying metro
$137,150
Richmond, VA

Related careers

Market Research Analysts and Marketing Specialists
$87,420 avg · 25,610 jobs
Data Scientists
$134,590 avg · 8,920 jobs
Economists
$144,880 avg · 950 jobs
Statisticians
$120,570 avg · 720 jobs

Common questions

Answers for students comparing Economics programs in Virginia.

Which Virginia colleges award the most Economics degrees?+

University of Virginia (385 graduates a year), George Mason University (157 graduates a year) and Virginia Polytechnic Institute and State University (137 graduates a year) award the most Economics degrees in Virginia, per IPEDS 2024–25 completions. In all, 24 Virginia colleges offer Economics.

What is the best college for Economics in Virginia?+

By graduate earnings, University of Virginia leads among bachelor's Economics programs in Virginia, with median earnings one year after graduation (often called starting salary) of $74,958, College Scorecard. Washington and Lee University and William & Mary follow. By degrees awarded, University of Virginia is the largest, with 385 graduates a year (IPEDS 2024–25).

Which Economics program in Virginia has the highest-earning graduates?+

By median earnings one year after graduation (often called starting salary), College Scorecard, University of Virginia tops the list at $74,958. Compare it against graduates a year, graduation rate, cost, and debt in the ranked table above.

How much do Economists earn in Virginia?+

The average annual wage for Economists in Virginia is $144,880 (median $137,590), across about 950 jobs. Source: BLS OEWS, May 2025.

What is the focus of the Economics program?+

The Economics program provides students with a comprehensive understanding of the production, distribution, and consumption of goods and services. It explores how economies function and how individuals respond to various incentives, making…

What skills will I develop in this program?+

You will develop critical thinking, mathematics, reading comprehension, speaking, and related professional skills.

What is the job outlook for Economists?+

The national job outlook is about +1.2% growth with around 900 annual openings (BLS Employment Projections 2024–2034).

What is the typical education requirement?+

A Master's degree is the typical entry-level education for this field (BLS).

About the data on this page

Every figure comes from an official federal or public source. Here is each one and the release it is currently on.

IPEDSFall 2025–26 release, published July 28, 2026
Enrollment, completions, graduation rates, tuition, financial aid, staffing, and finance for every U.S. institution in federal student aid programs.
College ScorecardJune 10, 2026 release (merged 2025–26 files)
Institution and field-of-study costs, graduate earnings, debt, completion, and admissions outcomes compiled from federal aid records, tax data, and IPEDS.
PSEO graduate earnings2019–21 graduation cohorts (release V4.13.0)
Earnings and employment outcomes of graduates by institution, degree level, and field of study, measured from state wage records.
BLS wages & outlookOEWS May 2025 release
Occupational employment and wage estimates plus 10-year job outlook, used to connect programs to real-world earnings.
FVT/GE program performanceProvisional preview, May 18, 2026 release
Program-level debt-to-earnings and earnings-premium measures behind the FVT/GE and STATS accountability frameworks.

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