Economics Degree in Franklin, TN — Salary & ROI 2026
Economics degree analysis for Franklin, TN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$77K
COL-adjusted
Mid-Career
$119K
COL-adjusted
ROI Payback
2.9 yrs
in Franklin
Cost of Living
118.5
index (100 = avg)
Economics in Franklin, TN Overview
While Franklin has a smaller college scene with 4 institutions, Economics students benefit from lower tuition costs. Room and board averages $15,807/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 Franklin is approximately $77,025, growing to $118,500 by mid-career.
Category
Business
Local Colleges
4
Public Tuition
$10,100/yr
Private Tuition
$32,000/yr
Room & Board
$15,807/yr
Avg Fin. Aid
$15,962/yr
Unemployment
3.6%
Graduation Rate
56%
Economics Salary in Franklin (COL-Adjusted)
Salaries adjusted for Franklin's cost of living index of 118.5 (national average = 100).
Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Franklin adjustment factor: 1.19x based on the local cost of living index.
Economics ROI Calculator for Franklin
Estimate your return on investment for a Economics degree using local Franklin tuition and cost of living data.
Public avg: $10,100 | Private avg: $32,000
Franklin avg aid: $15,962/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$103,628
tuition + room & board - aid
Annual Earnings Premium
$35,550
vs HS diploma in Franklin
ROI Payback Period
2.9 years
to break even
Lifetime Return in Franklin
$903,622
Lifetime earnings premium ($1,007,250) minus total education cost ($103,628)
Student Loan Payoff for Economics in Franklin
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Franklin for Economics
Franklin State University
public
$10,603/yr
$42,412 total
Community Colleges (2-Year Transfer)
Franklin Community College
$5,615/yr
Top Employers for Economics in Franklin
Franklin offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Economics graduates. National top employers in this field include:
Key Franklin Hiring Sectors for Business
Financial services
Consulting firms
Fortune 500 companies
Startups
Marketing agencies
Common Economics Job Titles
Economics in Nearby Tennessee Cities
Nashville, TN
$60K starting · COL 92
35 colleges
Memphis, TN
$60K starting · COL 93
22 colleges
Knoxville, TN
$55K starting · COL 85
5 colleges
Chattanooga, TN
$52K starting · COL 80
5 colleges
Clarksville, TN
$59K starting · COL 90
9 colleges
Murfreesboro, TN
$59K starting · COL 91
10 colleges
Jackson, TN
$54K starting · COL 82.5
3 colleges
Johnson City, TN
$68K starting · COL 105
6 colleges
Other Business Majors in Franklin
Business Analytics
$92K starting · 2 yr ROI
Finance
$83K starting · 3.5 yr ROI
Information Systems
$59K starting · 3.3 yr ROI
Supply Chain Management
$59K starting · 3.5 yr ROI
Operations Management
$59K starting · 3.8 yr ROI
Accounting
$73K starting · 3.8 yr ROI
Real Estate
$59K starting · 4 yr ROI
Business Administration
$69K starting · 4.2 yr ROI
Economics Degree in Franklin — 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 Franklin.