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Economics Degree in Murfreesboro, TN — Salary & ROI 2026

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

Starting Salary

$59K

COL-adjusted

Mid-Career

$91K

COL-adjusted

ROI Payback

3.4 yrs

in Murfreesboro

Cost of Living

91

index (100 = avg)

Economics in Murfreesboro, TN Overview

Murfreesboro, Tennessee (pop. 152,769) has 10 colleges offering Economics programs. The local cost of living index of 91 is near the national average, with average rent near campus at $1,003/month. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in Murfreesboro is approximately $59,150, growing to $91,000 by mid-career.

Category

Business

Local Colleges

10

Public Tuition

$9,312/yr

Private Tuition

$43,809/yr

Room & Board

$13,946/yr

Avg Fin. Aid

$16,072/yr

Unemployment

5.4%

Graduation Rate

53%

Economics Salary in Murfreesboro (COL-Adjusted)

Salaries adjusted for Murfreesboro's cost of living index of 91 (national average = 100).

Entry Level (0-2 yrs)
$59,150($-5,850 vs national)
Mid Career (5-9 yrs)
$91,000($-9,000 vs national)
Senior Level (15+ yrs)
$118,300($-11,700 vs national)

Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Murfreesboro adjustment factor: 0.91x based on the local cost of living index.

Economics ROI Calculator for Murfreesboro

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

Public avg: $9,312 | Private avg: $43,809

Murfreesboro avg aid: $16,072/yr

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

Total Education Cost

$93,032

tuition + room & board - aid

Annual Earnings Premium

$27,300

vs HS diploma in Murfreesboro

ROI Payback Period

3.4 years

to break even

Lifetime Return in Murfreesboro

$680,468

Lifetime earnings premium ($773,500) minus total education cost ($93,032)

Student Loan Payoff for Economics in Murfreesboro

Standard Plan (10 years)

Loan Amount$93,032
Monthly Payment$1,056
Total Interest$33,731
% of Monthly Income21%

Aggressive Plan (5 years)

Loan Amount$93,032
Monthly Payment$1,820
Total Interest$16,185
Interest Savings$17,546

Colleges in Murfreesboro for Economics

Middle Tennessee State University

public

$9,312/yr

$37,248 total

Community Colleges (2-Year Transfer)

Motlow State Community College

$4,320/yr

Top Employers for Economics in Murfreesboro

Murfreesboro 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 Murfreesboro Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Economics Job Titles

EconomistPolicy AnalystFinancial Analyst

Economics Degree in Murfreesboro — 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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