Economics Degree in Independence, MO — Salary & ROI 2026
Economics degree analysis for Independence, MO. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$56K
COL-adjusted
Mid-Career
$86K
COL-adjusted
ROI Payback
3.6 yrs
in Independence
Cost of Living
85.8
index (100 = avg)
Economics in Independence, MO Overview
While Independence has a smaller college scene with 5 institutions, Economics students benefit from lower tuition costs. Room and board averages $13,276/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 Independence is approximately $55,770, growing to $85,800 by mid-career.
Category
Business
Local Colleges
5
Public Tuition
$10,200/yr
Private Tuition
$30,000/yr
Room & Board
$13,276/yr
Avg Fin. Aid
$13,402/yr
Unemployment
2.6%
Graduation Rate
66%
Economics Salary in Independence (COL-Adjusted)
Salaries adjusted for Independence's cost of living index of 85.8 (national average = 100).
Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Independence adjustment factor: 0.86x based on the local cost of living index.
Economics ROI Calculator for Independence
Estimate your return on investment for a Economics degree using local Independence tuition and cost of living data.
Public avg: $10,200 | Private avg: $30,000
Independence avg aid: $13,402/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$93,904
tuition + room & board - aid
Annual Earnings Premium
$25,740
vs HS diploma in Independence
ROI Payback Period
3.6 years
to break even
Lifetime Return in Independence
$635,396
Lifetime earnings premium ($729,300) minus total education cost ($93,904)
Student Loan Payoff for Economics in Independence
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Independence for Economics
Independence State University
public
$10,025/yr
$40,100 total
University of Independence
public
$9,718/yr
$38,872 total
Community Colleges (2-Year Transfer)
Independence Community College
$4,862/yr
Top Employers for Economics in Independence
Independence offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Economics graduates. National top employers in this field include:
Key Independence Hiring Sectors for Business
Financial services
Consulting firms
Fortune 500 companies
Startups
Marketing agencies
Common Economics Job Titles
Economics in Nearby Missouri Cities
Kansas City, MO
$61K starting · COL 94
44 colleges
St. Louis, MO
$63K starting · COL 97
23 colleges
Springfield, MO
$52K starting · COL 80
5 colleges
Columbia, MO
$55K starting · COL 84
10 colleges
Lee's Summit, MO
$62K starting · COL 95.5
4 colleges
OFallon, MO
$57K starting · COL 87.3
4 colleges
St. Joseph, MO
$59K starting · COL 90.4
3 colleges
St. Charles, MO
$54K starting · COL 83.4
3 colleges
Other Business Majors in Independence
Business Analytics
$67K starting · 2 yr ROI
Finance
$60K starting · 3.5 yr ROI
Information Systems
$43K starting · 3.3 yr ROI
Supply Chain Management
$43K starting · 3.5 yr ROI
Operations Management
$43K starting · 3.8 yr ROI
Accounting
$53K starting · 3.8 yr ROI
Real Estate
$43K starting · 4 yr ROI
Business Administration
$50K starting · 4.2 yr ROI
Economics Degree in Independence — 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 Independence.