DegreeCalc

Economics Degree in McKinney, TX — Salary & ROI 2026

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

Starting Salary

$68K

COL-adjusted

Mid-Career

$105K

COL-adjusted

ROI Payback

3.2 yrs

in McKinney

Cost of Living

104.8

index (100 = avg)

Economics in McKinney, TX Overview

McKinney, Texas (pop. 199,177) has 8 colleges offering Economics programs. The local cost of living index of 104.8 is near the national average, with average rent near campus at $1,140/month. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in McKinney is approximately $68,120, growing to $104,800 by mid-career.

Category

Business

Local Colleges

8

Public Tuition

$10,900/yr

Private Tuition

$36,000/yr

Room & Board

$13,870/yr

Avg Fin. Aid

$11,814/yr

Unemployment

3.3%

Graduation Rate

59%

Economics Salary in McKinney (COL-Adjusted)

Salaries adjusted for McKinney's cost of living index of 104.8 (national average = 100).

Entry Level (0-2 yrs)
$68,120(+$3,120 vs national)
Mid Career (5-9 yrs)
$104,800(+$4,800 vs national)
Senior Level (15+ yrs)
$136,240(+$6,240 vs national)

Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.McKinney adjustment factor: 1.05x based on the local cost of living index.

Economics ROI Calculator for McKinney

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

Public avg: $10,900 | Private avg: $36,000

McKinney avg aid: $11,814/yr

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

Total Education Cost

$99,080

tuition + room & board - aid

Annual Earnings Premium

$31,440

vs HS diploma in McKinney

ROI Payback Period

3.2 years

to break even

Lifetime Return in McKinney

$791,720

Lifetime earnings premium ($890,800) minus total education cost ($99,080)

Student Loan Payoff for Economics in McKinney

Standard Plan (10 years)

Loan Amount$99,080
Monthly Payment$1,125
Total Interest$35,924
% of Monthly Income20%

Aggressive Plan (5 years)

Loan Amount$99,080
Monthly Payment$1,939
Total Interest$17,237
Interest Savings$18,687

Colleges in McKinney for Economics

McKinney State University

public

$10,909/yr

$43,636 total

University of McKinney

public

$10,604/yr

$42,416 total

Community Colleges (2-Year Transfer)

McKinney Community College

$5,398/yr

Top Employers for Economics in McKinney

McKinney 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 McKinney Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Economics Job Titles

EconomistPolicy AnalystFinancial Analyst

Economics Degree in McKinney — 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 McKinney.

Frequently Asked Questions

Related Calculators