Job Salary Guide · 2026
Economist Salary After Tax in Norfolk
Based on BLS OEWS data · VA · Single filer
Economist Salary Range
25th Percentile
$88,000
Take-home:
$65,491
$5,458/mo
Entry to mid-level
Median
$116,000
Take-home:
$83,579
$6,965/mo
Typical salary
75th Percentile
$152,000
Take-home:
$106,162
$8,847/mo
Senior / specialist
Tax Breakdown
At median salary of $116,000
Cost of Living in Norfolk
1BR Monthly Rent
$1,350/mo
2BR Monthly Rent
$1,700/mo
COL Index
1.05
Comfortable Rent Max
$1,741/mo
50 / 30 / 20 Budget Planner
Based on your monthly take-home of $6,965 ($83,580/yr)
$3,483
per month
- ›Rent / mortgage
- ›Groceries
- ›Utilities
- ›Insurance
- ›Minimum debt payments
- ›Transportation
$2,090
per month
- ›Dining out
- ›Streaming services
- ›Gym
- ›Hobbies
- ›Travel
- ›Shopping
$1,393
per month
- ›Emergency fund
- ›401(k) / IRA
- ›Investments
- ›Down payment fund
- ›Debt payoff (extra)
Needs / year
$41,790
Wants / year
$25,074
Savings / year
$16,716
Economist Salary in Other Cities
Frequently Asked Questions
What is the average Economist salary in Norfolk?
The median Economist salary in Norfolk (VA) is $116,000 per year based on BLS OEWS data. The 25th percentile is $88,000 and the 75th percentile is $152,000.
What is the take-home pay for a Economist in Norfolk?
At the median salary of $116,000, a Economist in VA takes home approximately $83,579 per year ($6,965/month) after federal and state taxes. The effective tax rate is 27.95%.
Can a Economist afford rent in Norfolk?
The average 1-bedroom rent in Norfolk is $1,350/month. On the median Economist salary, your rent-to-income ratio is 19.4%, which is "Comfortable". Financial experts recommend keeping rent below 25–30% of take-home pay ($1,741/month at this salary).
How does cost of living affect Economist salaries in Norfolk?
Norfolk has a cost-of-living index of 1.05 (1.00 = national average). Norfolk is 5% more expensive than the US average, which reduces the real purchasing power of the Economist salary.