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Economics Degree in Frederick, MD — Salary & ROI 2026

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

Starting Salary

$73K

COL-adjusted

Mid-Career

$113K

COL-adjusted

ROI Payback

3.1 yrs

in Frederick

Cost of Living

112.5

index (100 = avg)

Economics in Frederick, MD Overview

While Frederick has a smaller college scene with 4 institutions, Economics students benefit from lower tuition costs. Room and board averages $15,475/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 Frederick is approximately $73,125, growing to $112,500 by mid-career.

Category

Business

Local Colleges

4

Public Tuition

$10,800/yr

Private Tuition

$42,000/yr

Room & Board

$15,475/yr

Avg Fin. Aid

$13,491/yr

Unemployment

4.2%

Graduation Rate

66%

Economics Salary in Frederick (COL-Adjusted)

Salaries adjusted for Frederick's cost of living index of 112.5 (national average = 100).

Entry Level (0-2 yrs)
$73,125(+$8,125 vs national)
Mid Career (5-9 yrs)
$112,500(+$12,500 vs national)
Senior Level (15+ yrs)
$146,250(+$16,250 vs national)

Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Frederick adjustment factor: 1.13x based on the local cost of living index.

Economics ROI Calculator for Frederick

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

Public avg: $10,800 | Private avg: $42,000

Frederick avg aid: $13,491/yr

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

Total Education Cost

$105,100

tuition + room & board - aid

Annual Earnings Premium

$33,750

vs HS diploma in Frederick

ROI Payback Period

3.1 years

to break even

Lifetime Return in Frederick

$851,150

Lifetime earnings premium ($956,250) minus total education cost ($105,100)

Student Loan Payoff for Economics in Frederick

Standard Plan (10 years)

Loan Amount$105,100
Monthly Payment$1,193
Total Interest$38,107
% of Monthly Income20%

Aggressive Plan (5 years)

Loan Amount$105,100
Monthly Payment$2,056
Total Interest$18,284
Interest Savings$19,823

Colleges in Frederick for Economics

Frederick State University

public

$11,147/yr

$44,588 total

Community Colleges (2-Year Transfer)

Frederick Community College

$6,149/yr

Top Employers for Economics in Frederick

Frederick 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 Frederick Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Economics Job Titles

EconomistPolicy AnalystFinancial Analyst

Economics Degree in Frederick — 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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