Economics Degree in Ramapo, NY — Salary & ROI 2026
Economics degree analysis for Ramapo, NY. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$95K
COL-adjusted
Mid-Career
$146K
COL-adjusted
ROI Payback
2.4 yrs
in Ramapo
Cost of Living
146.3
index (100 = avg)
Economics in Ramapo, NY Overview
Ramapo, New York (pop. 142,368) has 6 colleges offering Economics programs. The local cost of living index of 146.3 is higher than average, so budget accordingly, with average rent near campus at $1,530/month. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in Ramapo is approximately $95,095, growing to $146,300 by mid-career.
Category
Business
Local Colleges
6
Public Tuition
$10,200/yr
Private Tuition
$42,000/yr
Room & Board
$16,057/yr
Avg Fin. Aid
$14,470/yr
Unemployment
3.9%
Graduation Rate
60%
Economics Salary in Ramapo (COL-Adjusted)
Salaries adjusted for Ramapo's cost of living index of 146.3 (national average = 100).
Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Ramapo adjustment factor: 1.46x based on the local cost of living index.
Economics ROI Calculator for Ramapo
Estimate your return on investment for a Economics degree using local Ramapo tuition and cost of living data.
Public avg: $10,200 | Private avg: $42,000
Ramapo avg aid: $14,470/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$105,028
tuition + room & board - aid
Annual Earnings Premium
$43,890
vs HS diploma in Ramapo
ROI Payback Period
2.4 years
to break even
Lifetime Return in Ramapo
$1,138,522
Lifetime earnings premium ($1,243,550) minus total education cost ($105,028)
Student Loan Payoff for Economics in Ramapo
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Ramapo for Economics
Ramapo State University
public
$10,809/yr
$43,236 total
University of Ramapo
public
$11,407/yr
$45,628 total
Community Colleges (2-Year Transfer)
Ramapo Community College
$6,408/yr
Top Employers for Economics in Ramapo
Ramapo offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Economics graduates. National top employers in this field include:
Key Ramapo 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
North Hempstead, NY
$92K starting · COL 141.3
9 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
Other Business Majors in Ramapo
Business Analytics
$114K starting · 2 yr ROI
Finance
$102K starting · 3.5 yr ROI
Information Systems
$73K starting · 3.3 yr ROI
Supply Chain Management
$73K starting · 3.5 yr ROI
Operations Management
$73K starting · 3.8 yr ROI
Accounting
$91K starting · 3.8 yr ROI
Real Estate
$73K starting · 4 yr ROI
Business Administration
$85K starting · 4.2 yr ROI
Economics Degree in Ramapo — 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 Ramapo.