Economics Degree in Salem, OR — Salary & ROI 2026
Economics degree analysis for Salem, OR. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$78K
COL-adjusted
Mid-Career
$120K
COL-adjusted
ROI Payback
3.1 yrs
in Salem
Cost of Living
120
index (100 = avg)
Economics in Salem, OR Overview
Salem, Oregon (pop. 175,535) has 14 colleges offering Economics programs. The local cost of living index of 120 is higher than average, so budget accordingly, with average rent near campus at $1,384/month. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in Salem is approximately $78,000, growing to $120,000 by mid-career.
Category
Business
Local Colleges
14
Public Tuition
$12,943/yr
Private Tuition
$46,250/yr
Room & Board
$15,380/yr
Avg Fin. Aid
$14,172/yr
Unemployment
5.4%
Graduation Rate
57%
Economics Salary in Salem (COL-Adjusted)
Salaries adjusted for Salem's cost of living index of 120 (national average = 100).
Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Salem adjustment factor: 1.20x based on the local cost of living index.
Economics ROI Calculator for Salem
Estimate your return on investment for a Economics degree using local Salem tuition and cost of living data.
Public avg: $12,943 | Private avg: $46,250
Salem avg aid: $14,172/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$113,292
tuition + room & board - aid
Annual Earnings Premium
$36,000
vs HS diploma in Salem
ROI Payback Period
3.1 years
to break even
Lifetime Return in Salem
$906,708
Lifetime earnings premium ($1,020,000) minus total education cost ($113,292)
Student Loan Payoff for Economics in Salem
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Salem for Economics
Willamette University
private
$46,250/yr
$185,000 total
Community Colleges (2-Year Transfer)
Chemeketa Community College
$4,536/yr
Top Employers for Economics in Salem
Salem offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Economics graduates. National top employers in this field include:
Key Salem Hiring Sectors for Business
Financial services
Consulting firms
Fortune 500 companies
Startups
Marketing agencies
Common Economics Job Titles
Economics in Nearby Oregon Cities
Portland, OR
$73K starting · COL 112
24 colleges
Eugene, OR
$85K starting · COL 130
14 colleges
Gresham, OR
$72K starting · COL 110.2
5 colleges
Hillsboro, OR
$75K starting · COL 115.5
5 colleges
Bend, OR
$70K starting · COL 107
2 colleges
Beaverton, OR
$69K starting · COL 105.9
4 colleges
Medford, OR
$72K starting · COL 111
4 colleges
Springfield, OR
$78K starting · COL 120.3
3 colleges
Other Business Majors in Salem
Business Analytics
$94K starting · 2 yr ROI
Finance
$84K starting · 3.5 yr ROI
Information Systems
$60K starting · 3.3 yr ROI
Supply Chain Management
$60K starting · 3.5 yr ROI
Operations Management
$60K starting · 3.8 yr ROI
Accounting
$74K starting · 3.8 yr ROI
Real Estate
$60K starting · 4 yr ROI
Business Administration
$70K starting · 4.2 yr ROI
Economics Degree in Salem — 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 Salem.