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Economics Degree in Phoenix, AZ — Salary & ROI 2026

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

Starting Salary

$99K

COL-adjusted

Mid-Career

$152K

COL-adjusted

ROI Payback

2.4 yrs

in Phoenix

Cost of Living

152

index (100 = avg)

Economics in Phoenix, AZ Overview

Phoenix is one of Arizona's top college towns, with 72 institutions and a student population of 118,169. Public tuition averages $12,467/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 Phoenix is approximately $98,800, growing to $152,000 by mid-career.

Category

Business

Local Colleges

72

Public Tuition

$12,467/yr

Private Tuition

$22,100/yr

Room & Board

$14,782/yr

Avg Fin. Aid

$8,630/yr

Unemployment

4.4%

Graduation Rate

53%

Economics Salary in Phoenix (COL-Adjusted)

Salaries adjusted for Phoenix's cost of living index of 152 (national average = 100).

Entry Level (0-2 yrs)
$98,800(+$33,800 vs national)
Mid Career (5-9 yrs)
$152,000(+$52,000 vs national)
Senior Level (15+ yrs)
$197,600(+$67,600 vs national)

Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Phoenix adjustment factor: 1.52x based on the local cost of living index.

Economics ROI Calculator for Phoenix

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

Public avg: $12,467 | Private avg: $22,100

Phoenix avg aid: $8,630/yr

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

Total Education Cost

$108,996

tuition + room & board - aid

Annual Earnings Premium

$45,600

vs HS diploma in Phoenix

ROI Payback Period

2.4 years

to break even

Lifetime Return in Phoenix

$1,183,004

Lifetime earnings premium ($1,292,000) minus total education cost ($108,996)

Student Loan Payoff for Economics in Phoenix

Standard Plan (10 years)

Loan Amount$108,996
Monthly Payment$1,238
Total Interest$39,519
% of Monthly Income15%

Aggressive Plan (5 years)

Loan Amount$108,996
Monthly Payment$2,133
Total Interest$18,962
Interest Savings$20,557

Colleges in Phoenix for Economics

Arizona State University

public

$12,467/yr

$49,868 total

Grand Canyon University

private

$17,800/yr

$71,200 total

University of Advancing Technology

private

$26,400/yr

$105,600 total

Community Colleges (2-Year Transfer)

Maricopa Community Colleges

$2,580/yr

Top Employers for Economics in Phoenix

Phoenix 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 Phoenix Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Economics Job Titles

EconomistPolicy AnalystFinancial Analyst

Economics Degree in Phoenix — 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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