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Economics Degree in Lubbock, TX — Salary & ROI 2026

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

Starting Salary

$53K

COL-adjusted

Mid-Career

$82K

COL-adjusted

ROI Payback

3.9 yrs

in Lubbock

Cost of Living

82

index (100 = avg)

Economics in Lubbock, TX Overview

Lubbock is one of Texas's top college towns, with 26 institutions and a student population of 104,491. Public tuition averages $11,380/year here — well below the national average, making it a cost-effective choice. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in Lubbock is approximately $53,300, growing to $82,000 by mid-career.

Category

Business

Local Colleges

26

Public Tuition

$11,380/yr

Private Tuition

$26,460/yr

Room & Board

$12,797/yr

Avg Fin. Aid

$15,179/yr

Unemployment

5.5%

Graduation Rate

72%

Economics Salary in Lubbock (COL-Adjusted)

Salaries adjusted for Lubbock's cost of living index of 82 (national average = 100).

Entry Level (0-2 yrs)
$53,300($-11,700 vs national)
Mid Career (5-9 yrs)
$82,000($-18,000 vs national)
Senior Level (15+ yrs)
$106,600($-23,400 vs national)

Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Lubbock adjustment factor: 0.82x based on the local cost of living index.

Economics ROI Calculator for Lubbock

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

Public avg: $11,380 | Private avg: $26,460

Lubbock avg aid: $15,179/yr

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

Total Education Cost

$96,708

tuition + room & board - aid

Annual Earnings Premium

$24,600

vs HS diploma in Lubbock

ROI Payback Period

3.9 years

to break even

Lifetime Return in Lubbock

$600,292

Lifetime earnings premium ($697,000) minus total education cost ($96,708)

Student Loan Payoff for Economics in Lubbock

Standard Plan (10 years)

Loan Amount$96,708
Monthly Payment$1,098
Total Interest$35,064
% of Monthly Income25%

Aggressive Plan (5 years)

Loan Amount$96,708
Monthly Payment$1,892
Total Interest$16,824
Interest Savings$18,240

Colleges in Lubbock for Economics

Texas Tech University

public

$11,380/yr

$45,520 total

Lubbock Christian University

private

$26,460/yr

$105,840 total

Community Colleges (2-Year Transfer)

South Plains College Lubbock Center

$2,604/yr

Top Employers for Economics in Lubbock

Lubbock 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 Lubbock Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Economics Job Titles

EconomistPolicy AnalystFinancial Analyst

Economics Degree in Lubbock — 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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