DegreeCalc

Economics Degree in Raleigh, NC — Salary & ROI 2026

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

Starting Salary

$54K

COL-adjusted

Mid-Career

$83K

COL-adjusted

ROI Payback

3.1 yrs

in Raleigh

Cost of Living

83

index (100 = avg)

Economics in Raleigh, NC Overview

Raleigh is one of North Carolina's top college towns, with 21 institutions and a student population of 113,809. Public tuition averages $9,101/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 Raleigh is approximately $53,950, growing to $83,000 by mid-career.

Category

Business

Local Colleges

21

Public Tuition

$9,101/yr

Private Tuition

$30,399/yr

Room & Board

$10,389/yr

Avg Fin. Aid

$7,262/yr

Unemployment

3.4%

Graduation Rate

62%

Economics Salary in Raleigh (COL-Adjusted)

Salaries adjusted for Raleigh's cost of living index of 83 (national average = 100).

Entry Level (0-2 yrs)
$53,950($-11,050 vs national)
Mid Career (5-9 yrs)
$83,000($-17,000 vs national)
Senior Level (15+ yrs)
$107,900($-22,100 vs national)

Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Raleigh adjustment factor: 0.83x based on the local cost of living index.

Economics ROI Calculator for Raleigh

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

Public avg: $9,101 | Private avg: $30,399

Raleigh avg aid: $7,262/yr

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

Total Education Cost

$77,960

tuition + room & board - aid

Annual Earnings Premium

$24,900

vs HS diploma in Raleigh

ROI Payback Period

3.1 years

to break even

Lifetime Return in Raleigh

$627,540

Lifetime earnings premium ($705,500) minus total education cost ($77,960)

Student Loan Payoff for Economics in Raleigh

Standard Plan (10 years)

Loan Amount$77,960
Monthly Payment$885
Total Interest$28,266
% of Monthly Income20%

Aggressive Plan (5 years)

Loan Amount$77,960
Monthly Payment$1,525
Total Interest$13,563
Interest Savings$14,704

Colleges in Raleigh for Economics

North Carolina State University

public

$9,101/yr

$36,404 total

Meredith College

private

$42,074/yr

$168,296 total

Shaw University

private

$18,724/yr

$74,896 total

Community Colleges (2-Year Transfer)

Wake Technical Community College

$2,864/yr

Top Employers for Economics in Raleigh

Raleigh 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 Raleigh Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Economics Job Titles

EconomistPolicy AnalystFinancial Analyst

Economics Degree in Raleigh — 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 Raleigh.

Frequently Asked Questions

Related Calculators