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Economics Degree in Babylon, NY — Salary & ROI 2026

Economics degree analysis for Babylon, NY. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$99K

COL-adjusted

Mid-Career

$152K

COL-adjusted

ROI Payback

2.3 yrs

in Babylon

Cost of Living

152.3

index (100 = avg)

Economics in Babylon, NY Overview

Babylon, New York (pop. 213,234) has 8 colleges offering Economics programs. The local cost of living index of 152.3 is higher than average, so budget accordingly, with average rent near campus at $1,422/month. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in Babylon is approximately $98,995, growing to $152,300 by mid-career.

Category

Business

Local Colleges

8

Public Tuition

$10,200/yr

Private Tuition

$42,000/yr

Room & Board

$15,785/yr

Avg Fin. Aid

$9,651/yr

Unemployment

4.3%

Graduation Rate

45%

Economics Salary in Babylon (COL-Adjusted)

Salaries adjusted for Babylon's cost of living index of 152.3 (national average = 100).

Entry Level (0-2 yrs)
$98,995(+$33,995 vs national)
Mid Career (5-9 yrs)
$152,300(+$52,300 vs national)
Senior Level (15+ yrs)
$197,990(+$67,990 vs national)

Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Babylon adjustment factor: 1.52x based on the local cost of living index.

Economics ROI Calculator for Babylon

Estimate your return on investment for a Economics degree using local Babylon tuition and cost of living data.

Public avg: $10,200 | Private avg: $42,000

Babylon avg aid: $9,651/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$103,940

tuition + room & board - aid

Annual Earnings Premium

$45,690

vs HS diploma in Babylon

ROI Payback Period

2.3 years

to break even

Lifetime Return in Babylon

$1,190,610

Lifetime earnings premium ($1,294,550) minus total education cost ($103,940)

Student Loan Payoff for Economics in Babylon

Standard Plan (10 years)

Loan Amount$103,940
Monthly Payment$1,180
Total Interest$37,686
% of Monthly Income14%

Aggressive Plan (5 years)

Loan Amount$103,940
Monthly Payment$2,034
Total Interest$18,082
Interest Savings$19,604

Colleges in Babylon for Economics

Babylon State University

public

$10,397/yr

$41,588 total

University of Babylon

public

$9,997/yr

$39,988 total

Community Colleges (2-Year Transfer)

Babylon Community College

$6,772/yr

New York Technical College - Babylon

$7,061/yr

Top Employers for Economics in Babylon

Babylon offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Economics graduates. National top employers in this field include:

Federal ReserveWorld BankMcKinseyGoldman SachsIMF

Key Babylon Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Economics Job Titles

EconomistPolicy AnalystFinancial Analyst

Economics Degree in Babylon — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

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