Family & Consumer Economics
Types of Degrees Family & Consumer Economics Majors Are Getting
The following table lists how many family and consumer economics graduations there were in 2018-2019 for each degree level.
|Education Level||Number of Grads|
What Family & Consumer Economics Majors Need to Know
In an O*NET survey, consumer economics majors were asked to rate what knowledge areas, skills, and abilities were important in their occupations. These answers were weighted on a scale of 1 to 5 with 5 being the most important.
Knowledge Areas for Consumer Economics Majors
Consumer Economics majors often go into careers in which the following knowledge areas are important:
- Education and Training - Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.
- English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
- Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
- Food Production - Knowledge of techniques and equipment for planting, growing, and harvesting food products (both plant and animal) for consumption, including storage/handling techniques.
- Biology - Knowledge of plant and animal organisms, their tissues, cells, functions, interdependencies, and interactions with each other and the environment.
Skills for Consumer Economics Majors
When studying consumer economics, you’ll learn many skills that will help you be successful in a wide range of jobs - even those that do not require a degree in the field. The following is a list of some of the most common skills needed for careers associated with this major:
- Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
- Speaking - Talking to others to convey information effectively.
- Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
- Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
- Service Orientation - Actively looking for ways to help people.
Abilities for Consumer Economics Majors
A major in consumer economics will prepare for your careers in which the following abilities are important:
- Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
- Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
- Speech Clarity - The ability to speak clearly so others can understand you.
- Written Comprehension - The ability to read and understand information and ideas presented in writing.
- Written Expression - The ability to communicate information and ideas in writing so others will understand.
What Can You Do With a Family & Consumer Economics Major?
People with a consumer economics degree often go into the following careers:
|Job Title||Job Growth Rate||Median Salary|
|Farm and Home Management Advisors||7.7%||$49,840|
Who Is Getting a Master’s Degree in Family & Consumer Economics?
At the countrywide level, the racial-ethnic distribution of consumer economics majors is as follows:
|Race/Ethnicity||Number of Grads|
|Black or African American||24|
|Hispanic or Latino||61|
Students from other countries are interested in Consumer Economics, too. About 4.9% of those with this major are international students. The most popular countries for students from outside the country are:
- South Korea
How Much Do Family & Consumer Economics Majors Make?
Master’s Degree Starting Salary
According to 2017-2018 data from the U.S. Department of Education, students who graduated with a master’s degree in consumer economics have a median salary of $38,500 during the early years of their career. During this timeframe, most salaries fell between $38,500 (25th percentile) and $44,550 (75th percentile).
Note that some of these people may have jobs that are not directly related to a consumer economics degree.
Salaries According to BLS
Consumer Economics majors often go into careers with median salaries of $52,700. This median refers to all degree levels, so the salary for a person with just a bachelor’s degree may be a little less and the one for a person with an advanced degree may be a little more.
To put that into context, according to BLS data from the first quarter of 2020, the typical high school graduate makes between $30,000 and $57,900 a year (25th through 75th percentile). The average person with a bachelor’s degree (any field) makes between $45,600 and $99,000. Advanced degree holders make the most with salaries between $55,600 and $125,400.
Amount of Education Required for Careers Related to Family & Consumer Economics
Some degrees associated with consumer economics may require an advanced degree, while others may not even require a bachelor’s in the field. Whatever the case may be, pursuing more education usually means that more career options will be available to you.
How much schooling do you really need to compete in today’s job market? People currently working in careers related to consumer economics have obtained the following education levels.
|Education Level||Percentage of Workers|
|Post-Baccalaureate Certificate - awarded for completion of an organized program of study; designed for people who have completed a Baccalaureate degree but do not meet the requirements of academic degrees carrying the title of Master.||3.5%|
|Post-Master’s Certificate - awarded for completion of an organized program of study; designed for people who have completed a Master’s degree but do not meet the requirements of academic degrees at the doctoral level.||6.9%|
Online Family & Consumer Economics Programs
In 2018-2019, 43 schools offered a consumer economics program of some type. The following table lists the number of programs by degree level, along with how many schools offered online courses in the field.
|Degree Level||Colleges Offering Programs||Colleges Offering Online Classes|
|Certificate (Less Than 1 Year)||2||0|
|Certificate (1-2 years)||1||0|
|Certificate (2-4 Years)||0||0|
|Doctor’s Degree (Research)||3||0|
|Doctor’s Degree (Professional Practice)||0||0|
|Doctor’s Degree (Other)||0||0|
Is a Degree in Family & Consumer Economics Worth It?
The median salary for a consumer economics grad is $52,700 per year. This is based on the weighted average of the most common careers associated with the major.
This is 32% more than the average salary for an individual holding a high school degree. This adds up to a gain of about $256,000 after 20 years!
Majors Related to Family & Consumer Economics
You may also be interested in one of the following majors related to consumer economics.
|Major||Number of Grads|
|Human Development & Family Studies||43,687|
|Food, Nutrition & Related Services||5,318|
|General Family & Consumer Sciences||3,753|
|Textile & Apparel Studies||3,476|
|Human Sciences Business Services||477|
|Family, Consumer & Human Sciences (Other)||192|
- College Factual
- College Scorecard
- National Center for Education Statistics
- O*NET Online
- U.S. Bureau of Labor Statistics
- Usual Weekly Earnings of Wage and Salary Workers First Quarter 2020
More about our data sources and methodologies.