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Economics Degree in Bloomington, MN — Salary & ROI 2026

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

Starting Salary

$65K

COL-adjusted

Mid-Career

$100K

COL-adjusted

ROI Payback

3.8 yrs

in Bloomington

Cost of Living

100.2

index (100 = avg)

Economics in Bloomington, MN Overview

While Bloomington has a smaller college scene with 4 institutions, Economics students benefit from the close-knit academic community. Room and board averages $14,533/year, and the car-friendly layout shapes the student experience. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in Bloomington is approximately $65,130, growing to $100,200 by mid-career.

Category

Business

Local Colleges

4

Public Tuition

$14,200/yr

Private Tuition

$38,000/yr

Room & Board

$14,533/yr

Avg Fin. Aid

$11,264/yr

Unemployment

2.3%

Graduation Rate

75%

Economics Salary in Bloomington (COL-Adjusted)

Salaries adjusted for Bloomington's cost of living index of 100.2 (national average = 100).

Entry Level (0-2 yrs)
$65,130(+$130 vs national)
Mid Career (5-9 yrs)
$100,200(+$200 vs national)
Senior Level (15+ yrs)
$130,260(+$260 vs national)

Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Bloomington adjustment factor: 1.00x based on the local cost of living index.

Economics ROI Calculator for Bloomington

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

Public avg: $14,200 | Private avg: $38,000

Bloomington avg aid: $11,264/yr

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

Total Education Cost

$114,932

tuition + room & board - aid

Annual Earnings Premium

$30,060

vs HS diploma in Bloomington

ROI Payback Period

3.8 years

to break even

Lifetime Return in Bloomington

$736,768

Lifetime earnings premium ($851,700) minus total education cost ($114,932)

Student Loan Payoff for Economics in Bloomington

Standard Plan (10 years)

Loan Amount$114,932
Monthly Payment$1,305
Total Interest$41,672
% of Monthly Income24%

Aggressive Plan (5 years)

Loan Amount$114,932
Monthly Payment$2,249
Total Interest$19,995
Interest Savings$21,677

Colleges in Bloomington for Economics

Bloomington State University

public

$15,525/yr

$62,100 total

Community Colleges (2-Year Transfer)

Bloomington Community College

$5,519/yr

Top Employers for Economics in Bloomington

Bloomington 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 Bloomington Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Economics Job Titles

EconomistPolicy AnalystFinancial Analyst

Economics Degree in Bloomington — 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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