Economics Degree in Bakersfield, CA — Salary & ROI 2026
Economics degree analysis for Bakersfield, CA. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$87K
COL-adjusted
Mid-Career
$134K
COL-adjusted
ROI Payback
2.5 yrs
in Bakersfield
Cost of Living
134
index (100 = avg)
Economics in Bakersfield, CA Overview
Bakersfield, California (pop. 403,455) has 18 colleges offering Economics programs. The local cost of living index of 134 is higher than average, so budget accordingly, with average rent near campus at $1,090/month. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in Bakersfield is approximately $87,100, growing to $134,000 by mid-career.
Category
Business
Local Colleges
18
Public Tuition
$7,309/yr
Private Tuition
$35,366/yr
Room & Board
$18,003/yr
Avg Fin. Aid
$13,787/yr
Unemployment
6.3%
Graduation Rate
48%
Economics Salary in Bakersfield (COL-Adjusted)
Salaries adjusted for Bakersfield's cost of living index of 134 (national average = 100).
Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Bakersfield adjustment factor: 1.34x based on the local cost of living index.
Economics ROI Calculator for Bakersfield
Estimate your return on investment for a Economics degree using local Bakersfield tuition and cost of living data.
Public avg: $7,309 | Private avg: $35,366
Bakersfield avg aid: $13,787/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$101,248
tuition + room & board - aid
Annual Earnings Premium
$40,200
vs HS diploma in Bakersfield
ROI Payback Period
2.5 years
to break even
Lifetime Return in Bakersfield
$1,037,752
Lifetime earnings premium ($1,139,000) minus total education cost ($101,248)
Student Loan Payoff for Economics in Bakersfield
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Bakersfield for Economics
California State University, Bakersfield
public
$7,309/yr
$29,236 total
Community Colleges (2-Year Transfer)
Bakersfield College
$1,540/yr
Top Employers for Economics in Bakersfield
Bakersfield offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Economics graduates. National top employers in this field include:
Key Bakersfield Hiring Sectors for Business
Financial services
Consulting firms
Fortune 500 companies
Startups
Marketing agencies
Common Economics Job Titles
Economics in Nearby California Cities
Los Angeles, CA
$92K starting · COL 141
69 colleges
San Diego, CA
$91K starting · COL 140
68 colleges
San Jose, CA
$84K starting · COL 129
95 colleges
San Francisco, CA
$74K starting · COL 114
22 colleges
Fresno, CA
$77K starting · COL 118
37 colleges
Sacramento, CA
$73K starting · COL 112
38 colleges
Long Beach, CA
$75K starting · COL 116
14 colleges
Oakland, CA
$86K starting · COL 132
13 colleges
Other Business Majors in Bakersfield
Business Analytics
$105K starting · 2 yr ROI
Finance
$94K starting · 3.5 yr ROI
Information Systems
$67K starting · 3.3 yr ROI
Supply Chain Management
$67K starting · 3.5 yr ROI
Operations Management
$67K starting · 3.8 yr ROI
Accounting
$83K starting · 3.8 yr ROI
Real Estate
$67K starting · 4 yr ROI
Business Administration
$78K starting · 4.2 yr ROI
Economics Degree in Bakersfield — 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.
Explore More
Compare Economics ROI in other cities, or explore other majors in Bakersfield.