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Economics Degree in Warren, MI — Salary & ROI 2026

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

Starting Salary

$58K

COL-adjusted

Mid-Career

$89K

COL-adjusted

ROI Payback

4.2 yrs

in Warren

Cost of Living

88.5

index (100 = avg)

Economics in Warren, MI Overview

Warren, Michigan (pop. 139,387) has 6 colleges offering Economics programs. The local cost of living index of 88.5 keeps student expenses low, with average rent near campus at $525/month. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in Warren is approximately $57,525, growing to $88,500 by mid-career.

Category

Business

Local Colleges

6

Public Tuition

$15,400/yr

Private Tuition

$32,000/yr

Room & Board

$12,492/yr

Avg Fin. Aid

$8,102/yr

Unemployment

4.8%

Graduation Rate

61%

Economics Salary in Warren (COL-Adjusted)

Salaries adjusted for Warren's cost of living index of 88.5 (national average = 100).

Entry Level (0-2 yrs)
$57,525($-7,475 vs national)
Mid Career (5-9 yrs)
$88,500($-11,500 vs national)
Senior Level (15+ yrs)
$115,050($-14,950 vs national)

Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Warren adjustment factor: 0.89x based on the local cost of living index.

Economics ROI Calculator for Warren

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

Public avg: $15,400 | Private avg: $32,000

Warren avg aid: $8,102/yr

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

Total Education Cost

$111,568

tuition + room & board - aid

Annual Earnings Premium

$26,550

vs HS diploma in Warren

ROI Payback Period

4.2 years

to break even

Lifetime Return in Warren

$640,682

Lifetime earnings premium ($752,250) minus total education cost ($111,568)

Student Loan Payoff for Economics in Warren

Standard Plan (10 years)

Loan Amount$111,568
Monthly Payment$1,267
Total Interest$40,452
% of Monthly Income26%

Aggressive Plan (5 years)

Loan Amount$111,568
Monthly Payment$2,183
Total Interest$19,409
Interest Savings$21,042

Colleges in Warren for Economics

Warren State University

public

$15,866/yr

$63,464 total

University of Warren

public

$16,099/yr

$64,396 total

Community Colleges (2-Year Transfer)

Warren Community College

$4,976/yr

Top Employers for Economics in Warren

Warren 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 Warren Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Economics Job Titles

EconomistPolicy AnalystFinancial Analyst

Economics Degree in Warren — 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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