Economics Degree in North Hempstead, NY — Salary & ROI 2026
Economics degree analysis for North Hempstead, NY. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$92K
COL-adjusted
Mid-Career
$141K
COL-adjusted
ROI Payback
2.4 yrs
in North Hempstead
Cost of Living
141.3
index (100 = avg)
Economics in North Hempstead, NY Overview
North Hempstead, New York (pop. 237,610) has 9 colleges offering Economics programs. The local cost of living index of 141.3 is higher than average, so budget accordingly, with average rent near campus at $1,650/month. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in North Hempstead is approximately $91,845, growing to $141,300 by mid-career.
Category
Business
Local Colleges
9
Public Tuition
$10,200/yr
Private Tuition
$42,000/yr
Room & Board
$15,148/yr
Avg Fin. Aid
$8,947/yr
Unemployment
3.7%
Graduation Rate
71%
Economics Salary in North Hempstead (COL-Adjusted)
Salaries adjusted for North Hempstead's cost of living index of 141.3 (national average = 100).
Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.North Hempstead adjustment factor: 1.41x based on the local cost of living index.
Economics ROI Calculator for North Hempstead
Estimate your return on investment for a Economics degree using local North Hempstead tuition and cost of living data.
Public avg: $10,200 | Private avg: $42,000
North Hempstead avg aid: $8,947/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$101,392
tuition + room & board - aid
Annual Earnings Premium
$42,390
vs HS diploma in North Hempstead
ROI Payback Period
2.4 years
to break even
Lifetime Return in North Hempstead
$1,099,658
Lifetime earnings premium ($1,201,050) minus total education cost ($101,392)
Student Loan Payoff for Economics in North Hempstead
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in North Hempstead for Economics
North Hempstead State University
public
$9,621/yr
$38,484 total
University of North Hempstead
public
$9,762/yr
$39,048 total
Community Colleges (2-Year Transfer)
North Hempstead Community College
$6,152/yr
New York Technical College - North Hempstead
$6,228/yr
Top Employers for Economics in North Hempstead
North Hempstead offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Economics graduates. National top employers in this field include:
Key North Hempstead Hiring Sectors for Business
Financial services
Consulting firms
Fortune 500 companies
Startups
Marketing agencies
Common Economics Job Titles
Economics in Nearby New York Cities
New York City, NY
$108K starting · COL 166
49 colleges
New York, NY
$122K starting · COL 187.2
279 colleges
Oyster Bay, NY
$94K starting · COL 145
11 colleges
Buffalo, NY
$79K starting · COL 122
10 colleges
Babylon, NY
$99K starting · COL 152.3
8 colleges
Yonkers, NY
$94K starting · COL 145.3
8 colleges
Rochester, NY
$91K starting · COL 140
13 colleges
Huntington, NY
$88K starting · COL 135.6
8 colleges
Other Business Majors in North Hempstead
Business Analytics
$110K starting · 2 yr ROI
Finance
$99K starting · 3.5 yr ROI
Information Systems
$71K starting · 3.3 yr ROI
Supply Chain Management
$71K starting · 3.5 yr ROI
Operations Management
$71K starting · 3.8 yr ROI
Accounting
$88K starting · 3.8 yr ROI
Real Estate
$71K starting · 4 yr ROI
Business Administration
$82K starting · 4.2 yr ROI
Economics Degree in North Hempstead — 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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Compare Economics ROI in other cities, or explore other majors in North Hempstead.