Median Starting Salaries (by Institution): Economics

Salary (by major) data was collected from the U.S. Department of Education’s (USDOE) College Scorecard platform and indicates the median salary of an institution’s graduates two years after receiving their bachelor’s degree in economics, along with the number of graduates per institution for which the USDOE has salary data. Since the USDOE focuses only on early-career salaries, we limit the salary tables on our Dataverse to “pre-professional” majors where students are more likely to pursue employment immediately after graduation (e.g., as opposed to attending graduate school) and within their undergraduate field of study.

*Note that the USDOE is not able to disclose salary data by major for all institutions offering a major in this area. For example, if a group of individuals within a certain institution is too small, the USDOE must suppress salary data in order to prevent identification of the group’s individuals.

Table Updated December 2023

Institution# GraduatesMedian Starting Salary
166683Massachusetts Institute of Technology12$110,878MIT
186131Princeton University11$103,078
198419Duke University116$90,856
112260Claremont McKenna College25$87,754
182670Dartmouth College120$87,604
130794Yale University84$86,621
144050University of Chicago172$85,637UChicago
243744Stanford University34$85,391
216287Swarthmore College23$81,702
190150Columbia University in the City of New York163$79,419
166027Harvard University93$78,971
121345Pomona College24$77,213
215062University of Pennsylvania80$77,087UPenn
168218Wellesley College55$76,460
168342Williams College64$76,460
230959Middlebury College52$75,518
162928Johns Hopkins University46$75,047JHU
131496Georgetown University93$74,702
164465Amherst College30$74,576
147767Northwestern University187$73,035
227757Rice University45$72,884
221999Vanderbilt University116$72,134
168148Tufts University88$71,778
161004Bowdoin College37$71,015
189097Barnard College47$70,456
110635University of California-Berkeley220$70,379UC Berkeley; UCB
190415Cornell University143$69,948
211440Carnegie Mellon University29$69,338CMU
178411Missouri University of Science and Technology11$69,338MUST
160977Bates College30$69,338
152080University of Notre Dame122$69,338UND
164924Boston College253$69,069BC
194824Rensselaer Polytechnic Institute12$68,790RPI
122931Santa Clara University50$68,379SCU
190099Colgate University52$67,995
166124College of the Holy Cross145$66,519CHC
165015Brandeis University62$66,401
233374University of Richmond20$65,821UR
212054Drexel University56$65,387
217402Providence College32$64,791
173902Macalester College29$64,493
191515Hamilton College56$63,501
217156Brown University77$63,302
139658Emory University90$62,632
234076University of Virginia-Main Campus118$62,409UVA
228246Southern Methodist University74$62,012SMU
170976University of Michigan-Ann Arbor289$61,829UMich
130590Trinity College22$61,814
145646Illinois Wesleyan University13$61,516IWU
110705University of California-Santa Barbara288$60,790UCSB: UC Santa Barbara
164270McDaniel College11$60,623
167358Northeastern University100$60,046
193900New York University261$59,904NYU
216597Villanova University91$59,485
140553Morehouse College22$59,417
110422California Polytechnic State University-San Luis Obispo41$59,124
213385Lafayette College89$58,943
130253Sacred Heart University21$58,943
196866Union College59$58,673
194310Pace University28$58,673
441937California State University-Channel Islands18$58,221
161086Colby College39$57,995
197133Vassar College53$57,995
150400DePauw University51$57,860
195030University of Rochester34$57,705UR
236595Seattle University15$57,318
192819Marist College17$57,318
218070Furman University12$57,318
131469George Washington University103$57,072GWU
195809St. John's University-New York39$56,415
170532Kalamazoo College13$55,964
212674Gettysburg College34$55,964
212577Franklin and Marshall College22$55,964F&M
234207Washington and Lee University33$55,964W&L
199847Wake Forest University78$55,693WFU
191630Hobart William Smith Colleges31$55,512HWS
184348Drew University29$55,512
123572Sonoma State University19$55,512
228875Texas Christian University40$55,286
181002Creighton University22$55,286
174792Saint Johns University29$55,151
211291Bucknell University74$55,102
120254Occidental College46$55,078Oxy
145637University of Illinois Urbana-Champaign207$54,817UIUC
163046Loyola University Maryland13$54,713
191241Fordham University114$54,678
214175Muhlenberg College18$54,644
148496Dominican University13$54,644
128902Connecticut College56$54,522Conn College
240189University of Wisconsin-Whitewater14$54,435
230038Brigham Young University133$54,430BYU
228778The University of Texas at Austin295$54,238UT; UT Austin
239017Lawrence University16$54,035
164988Boston University104$53,454BU
203368John Carroll University19$53,358
130226Quinnipiac University15$53,358
231624William & Mary80$53,108W&M
215770Saint Joseph's University29$52,941
151351Indiana University-Bloomington69$52,941IU; IUB
167996Stonehill College24$52,941
153384Grinnell College34$52,941
110565California State University-Fullerton47$52,733
129242Fairfield University36$52,607
204024Miami University-Oxford33$52,607
174066University of Minnesota-Twin Cities156$52,584UMN
229267Trinity University22$52,107
174844St Olaf College66$52,107
173647Gustavus Adolphus College29$52,107
153834Luther College12$52,107
187134The College of New Jersey15$52,107TCNJ
209922Reed College17$52,107
152673Wabash College25$52,107
206622Xavier University13$52,107
230728Utah State University81$52,107
133711Flagler College11$52,107
232186George Mason University105$51,915
214777Pennsylvania State University-Main Campus349$51,907PSU; Penn State
110662University of California-Los Angeles324$51,899UCLA
199120University of North Carolina at Chapel Hill182$51,794UNC Chapel Hill
163286University of Maryland-College Park248$51,760UMD
173920Minnesota State University-Mankato33$51,106
236948University of Washington-Seattle Campus84$51,035UW
203535Kenyon College36$50,856
122436University of San Diego18$50,856USD
175005St Catherine University16$50,856
228769The University of Texas at Arlington56$50,856UT
243780Purdue University-Main Campus30$50,563
202523Denison University68$50,439
201441Bowling Green State University-Main Campus33$50,439
212009Dickinson College38$50,320
195003Rochester Institute of Technology13$50,270RIT
130943University of Delaware61$50,231UDel
240365University of Wisconsin-Oshkosh19$50,231
174914University of St Thomas53$50,231
216339Temple University95$50,060
183044University of New Hampshire-Main Campus53$49,962UNH
123961University of Southern California135$49,962USC
228723Texas A & M University-College Station154$49,814
197708Yeshiva University15$49,683
110486California State University-Bakersfield15$49,683
166629University of Massachusetts-Amherst200$49,595UMass Amherst
240444University of Wisconsin-Madison287$49,521UW Madison
156286Bellarmine University14$49,331
167783Simmons University13$49,323
232423James Madison University47$49,270JMU
147828Olivet Nazarene University13$49,058
173665Hamline University14$49,058
168263Westfield State University30$49,019
163851Salisbury University16$48,823
150756Hanover College27$48,823
171100Michigan State University214$48,823MSU
144962Elmhurst University14$48,823
141060Spelman College48$48,667
195216St Lawrence University63$48,600SLU
135726University of Miami63$48,432UM; UMiami
217536Salve Regina University11$48,432
190512CUNY Bernard M Baruch College55$48,432
168005Suffolk University24$48,432
122612University of San Francisco16$48,432USF
156408Centre College54$48,432
134130University of Florida168$48,265UF
129020University of Connecticut258$48,243UConn
233921Virginia Polytechnic Institute and State University107$48,198Virginia Tech; Va Tech
206589The College of Wooster22$48,041
236939Washington State University58$48,041WSU
230603Southern Utah University12$47,952
104151Arizona State University Campus Immersion147$47,846ASU
196413Syracuse University61$47,846
240453University of Wisconsin-Milwaukee73$47,729
167835Smith College53$47,650
216524Ursinus College62$47,650
221519The University of the South38$47,595
110644University of California-Davis375$47,553UC Davis
131159American University74$47,494
224323University of Dallas23$47,260
215929University of Scranton17$47,260
117946Loyola Marymount University41$47,260LMU
147703Northern Illinois University77$47,260NIU
163268University of Maryland-Baltimore County99$47,260UMBC
127565Metropolitan State University of Denver18$47,260
217165Bryant University13$47,260
239716Saint Norbert College23$47,260
178402University of Missouri-Kansas City15$47,260UMKC
121150Pepperdine University37$47,260
174233University of Minnesota-Duluth31$47,260
186201Ramapo College of New Jersey13$47,260
164562Assumption University15$47,260
186380Rutgers University-New Brunswick207$47,153RU
186371Rutgers University-Camden207$47,153
186399Rutgers University-Newark207$47,153
139959University of Georgia58$46,869UGA
196079Binghamton University228$46,708SUNY Binghamton
168430Worcester State University11$46,673
178615Truman State University11$46,478
145813Illinois State University46$46,422ISU
110680University of California-San Diego297$46,300UCSD; UC San Diego
240329University of Wisconsin-La Crosse34$46,087
151111Indiana University-Purdue University-Indianapolis24$46,087IUPUI
216667Washington & Jefferson College24$46,087
153603Iowa State University28$46,087ISU
146481Lake Forest College15$46,087LFC
162654Goucher College11$46,087
127185Fort Lewis College14$46,087
149781Wheaton College18$46,087
182281University of Nevada-Las Vegas30$46,087UNLV
235316Gonzaga University22$46,087
189705Canisius College27$46,087
195526Skidmore College35$46,087
221351Rhodes College19$46,087
164216Washington College29$46,087
126678Colorado College34$46,087CC
165936Gordon College12$45,918
161253University of Maine12$45,808
128771Central Connecticut State University28$45,794
207500University of Oklahoma-Norman Campus20$45,715
178396University of Missouri-Columbia22$45,696Mizzou
173045Augsburg University20$45,696
147776Northeastern Illinois University38$45,500
126614University of Colorado Boulder143$45,190CU Boulder
195474Siena College35$45,128
186584Seton Hall University20$44,971
229115Texas Tech University56$44,970
146427Knox College19$44,942
178420University of Missouri-St Louis17$44,942
126818Colorado State University-Fort Collins114$44,937CSU
166638University of Massachusetts-Boston62$44,728UMass Boston
179867Washington University in St Louis12$44,572
155399Kansas State University20$44,551KSU
153658University of Iowa122$44,389UI
240471University of Wisconsin-River Falls11$44,384
222983Austin College19$44,384
157085University of Kentucky54$44,356UK
110714University of California-Santa Cruz71$44,356UCSC; UC Santa Cruz
120883University of the Pacific17$44,356
104179University of Arizona73$44,356
209551University of Oregon181$44,305UO
198516Elon University19$44,189
172644Wayne State University16$43,798
171146University of Michigan-Flint13$43,798UMIch Flint
154350Simpson College11$43,798
211158Bloomsburg University of Pennsylvania35$43,798
214041Millersville University of Pennsylvania32$43,798
227216University of North Texas38$43,575UNT
171137University of Michigan-Dearborn20$43,575UMich Dearborn
239105Marquette University27$43,575
160755Tulane University of Louisiana70$43,519
215293University of Pittsburgh-Pittsburgh Campus98$43,479
145600University of Illinois Chicago82$43,426UIC
221759The University of Tennessee-Knoxville37$43,426UTK
186876Stockton University15$43,426
233295Randolph-Macon College36$43,426
165024Bridgewater State University38$43,426
230764University of Utah88$43,351UU
366711California State University-San Marcos34$43,319
139940Georgia State University116$43,290GSU
176965University of Central Missouri17$43,240
122597San Francisco State University45$43,240SFSU
196176State University of New York at New Paltz15$43,128
445188University of California-Merced51$43,000
232681University of Mary Washington25$42,682
240480University of Wisconsin-Stevens Point14$42,682
228787The University of Texas at Dallas33$42,682UT; UT Dallas
168281Wheaton College (Massachusetts)34$42,682
191649Hofstra University14$42,682
110617California State University-Sacramento189$42,682
196097Stony Brook University78$42,682
157951Western Kentucky University14$42,682WKU
171571Oakland University12$42,682
237057Whitman College23$42,682
196167SUNY College at Geneseo25$42,682
154095University of Northern Iowa29$42,682UNI
240277University of Wisconsin-Green Bay14$42,682
213507Lebanon Valley College14$42,682
200800University of Akron Main Campus14$42,682
213668Lycoming College12$42,682
200332North Dakota State University-Main Campus13$42,682NDSU
219356South Dakota State University90$42,682SDSU
199111University of North Carolina at Asheville13$42,682UNCA; UNC Asheville
131520Howard University29$42,682
170082Grand Valley State University18$42,682
204796Ohio State University-Main Campus222$42,276OSU
164076Towson University79$42,073
136950Rollins College49$42,044
217819College of Charleston18$41,937
234085Virginia Military Institute44$41,937VMI
209542Oregon State University82$41,937OSU
183062Keene State College18$41,789
110538California State University-Chico48$41,725
122409San Diego State University85$41,689SDSU
240268University of Wisconsin-Eau Claire39$41,565
100858Auburn University15$41,565
236328University of Puget Sound46$41,565
161554University of Southern Maine13$41,565
195720St. John Fisher University13$41,565
163912St. Mary's College of Maryland40$41,565
137847The University of Tampa11$41,565
168546Albion College16$41,349
204501Oberlin College31$41,205
196246SUNY College at Plattsburgh14$41,205
123554Saint Mary's College of California23$41,193
185262Kean University15$41,193
210669Allegheny College58$41,087
233277Radford University18$41,025
231712Christopher Newport University27$41,007
133951Florida International University75$41,007FIU
155317University of Kansas45$40,896KU
231059Saint Michael's College18$40,896
225511University of Houston119$40,768UH
134097Florida State University216$40,728FSU
106397University of Arkansas21$40,647
151306University of Southern Indiana11$40,485
150163Butler University12$40,485
152600Valparaiso University18$40,467
217484University of Rhode Island53$40,392URI
133669Florida Atlantic University75$40,209FAU
110583California State University-Long Beach99$40,179
190600CUNY John Jay College of Criminal Justice96$40,179
179566Missouri State University-Springfield25$40,132
126580University of Colorado Colorado Springs29$40,089
142115Boise State University14$39,909
210401Willamette University36$39,909
110608California State University-Northridge74$39,909
169248Central Michigan University18$39,729
184782Rowan University18$39,729
138600Agnes Scott College16$39,729
219471University of South Dakota17$39,729USD
213020Indiana University of Pennsylvania-Main Campus34$39,585IUP
190594CUNY Hunter College90$39,523
234827Central Washington University27$39,369
218663University of South Carolina-Columbia59$39,369USC
197869Appalachian State University30$39,369App State; ASU
174783Saint Cloud State University18$39,369
237011Western Washington University59$39,214
141574University of Hawaii at Manoa62$39,153
232256Hampden-Sydney College23$39,153
433660Florida Gulf Coast University14$39,009
144740DePaul University45$39,009
132903University of Central Florida11$39,009UCF
118888Mills College at Northeastern University18$39,009
110671University of California-Riverside184$38,937UC Riverside
217882Clemson University77$38,649
218973Wofford College12$38,472
236577Seattle Pacific University20$38,289
127741University of Northern Colorado15$38,289
175272Winona State University14$38,289
206084University of Toledo11$38,289
107080Hendrix College15$38,289
122755San Jose State University33$38,289SJSU
201885University of Cincinnati-Main Campus17$38,289Cincy
166939Mount Holyoke College15$38,289
201645Case Western Reserve University21$38,289CWRU
137351University of South Florida92$38,289USF
196060SUNY at Albany115$38,048
231174University of Vermont67$37,856UVM
196194State University of New York at Oswego22$37,748
187444William Paterson University of New Jersey24$37,568
110529California State Polytechnic University-Pomona19$37,568
199102North Carolina A & T State University20$37,208
202134Cleveland State University14$37,208
190637CUNY Lehman College30$36,995
143084Augustana College19$36,941
166513University of Massachusetts-Lowell12$36,852UMass Lowell
212115East Stroudsburg University of Pennsylvania23$36,848ESU
209056Lewis & Clark College22$36,848
237792Shepherd University12$36,674
228459Texas State University12$36,674
187985University of New Mexico-Main Campus26$36,560UNM
196130SUNY Buffalo State University48$36,488
209807Portland State University51$36,310
190567CUNY City College59$36,310
136172University of North Florida29$36,221
139931Georgia Southern University35$36,166
202480University of Dayton14$36,141
180461Montana State University21$35,594
174251University of Minnesota-Morris17$35,594
110653University of California-Irvine96$35,594UCI; UC Irvine
198464East Carolina University79$35,518ECU
224147Texas A & M University-Corpus Christi14$35,060
204857Ohio University-Main Campus20$35,060OU
199148University of North Carolina at Greensboro33$35,060UNCG; UNC Greensboro
110574California State University-East Bay32$34,526
190664CUNY Queens College253$34,505
171456Northern Michigan University18$34,420
172699Western Michigan University14$33,993
129215Eastern Connecticut State University18$33,993
185590Montclair State University15$33,993
191968Ithaca College17$33,993
110510California State University-San Bernardino32$33,459
101480Jacksonville State University11$32,925
235097Eastern Washington University19$32,569
110556California State University-Fresno20$31,839
190558College of Staten Island CUNY55$31,495
149222Southern Illinois University-Carbondale14$30,771
227368The University of Texas Rio Grande Valley18$29,141
141334University of West Georgia23$28,598
196219SUNY at Purchase College18$28,309
198613Guilford College16$28,212
190549CUNY Brooklyn College12$26,353
169798Eastern Michigan University12$26,353
196088University at Buffalo47$26,224
169080Calvin University29$24,421
207582Oral Roberts University16$21,508
121691University of Redlands11$20,373

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