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Economics Degree in Jersey City, NJ — Salary & ROI 2026

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

Starting Salary

$83K

COL-adjusted

Mid-Career

$127K

COL-adjusted

ROI Payback

3.6 yrs

in Jersey City

Cost of Living

127

index (100 = avg)

Economics in Jersey City, NJ Overview

Jersey City is one of New Jersey's top college towns, with 23 institutions and a student population of 26,694. Public tuition averages $12,750/year here — near the national average for public universities. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in Jersey City is approximately $82,550, growing to $127,000 by mid-career.

Category

Business

Local Colleges

23

Public Tuition

$12,750/yr

Private Tuition

$40,360/yr

Room & Board

$21,714/yr

Avg Fin. Aid

$10,349/yr

Unemployment

3.5%

Graduation Rate

50%

Economics Salary in Jersey City (COL-Adjusted)

Salaries adjusted for Jersey City's cost of living index of 127 (national average = 100).

Entry Level (0-2 yrs)
$82,550(+$17,550 vs national)
Mid Career (5-9 yrs)
$127,000(+$27,000 vs national)
Senior Level (15+ yrs)
$165,100(+$35,100 vs national)

Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Jersey City adjustment factor: 1.27x based on the local cost of living index.

Economics ROI Calculator for Jersey City

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

Public avg: $12,750 | Private avg: $40,360

Jersey City avg aid: $10,349/yr

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

Total Education Cost

$137,856

tuition + room & board - aid

Annual Earnings Premium

$38,100

vs HS diploma in Jersey City

ROI Payback Period

3.6 years

to break even

Lifetime Return in Jersey City

$941,644

Lifetime earnings premium ($1,079,500) minus total education cost ($137,856)

Student Loan Payoff for Economics in Jersey City

Standard Plan (10 years)

Loan Amount$137,856
Monthly Payment$1,565
Total Interest$49,983
% of Monthly Income23%

Aggressive Plan (5 years)

Loan Amount$137,856
Monthly Payment$2,697
Total Interest$23,983
Interest Savings$26,001

Colleges in Jersey City for Economics

Saint Peter's University

private

$40,360/yr

$161,440 total

New Jersey City University

public

$12,750/yr

$51,000 total

Community Colleges (2-Year Transfer)

Hudson County Community College

$5,040/yr

Top Employers for Economics in Jersey City

Jersey City 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 Jersey City Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Economics Job Titles

EconomistPolicy AnalystFinancial Analyst

Economics Degree in Jersey City — 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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