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Economics in New Jersey

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Economics Schools in New Jersey

82 students earned Economics degrees in New Jersey in the 2020-2021 year.

As a degree choice, Economics is the 55th most popular major in the state.

Education Levels of Economics Majors in New Jersey

Economics majors in the state tend to have the following degree levels:

Education Level Number of Grads
Master’s Degree 56
Doctor’s Degree (Research / Scholarship) 26
Doctor’s Degree (Professional Practice) 26
Doctor’s Degree (Other) 26

Gender Distribution

In New Jersey, a economics major is more popular with men than with women.

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Racial Distribution

The racial distribution of economics majors in New Jersey is as follows:

  • Asian: 4.9%
  • Black or African American: 2.4%
  • Hispanic or Latino: 6.1%
  • White: 18.3%
  • Non-Resident Alien: 63.4%
  • Other Races: 4.9%
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Jobs for Economics Grads in New Jersey

There are 38,700 people in the state and 1,144,130 people in the nation working in economics jobs.

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Wages for Economics Jobs in New Jersey

Economics grads earn an average of $100,500 in the state and $115,590 nationwide.

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There are 4 colleges in New Jersey that offer economics degrees. Learn about the most popular 4 below:

#1

Princeton University

Princeton
47 Degrees in Major Awarded
96% Graduation Rate
7,853 Total Students

This private school has an average net price of $9,836. It takes the average student 4.10 years to graduate. 4 to 1 is the student to faculty ratio.

17 Degrees in Major Awarded
80% Graduation Rate
50,411 Total Students

It takes the average student 4.26 years to graduate. 66% of students get financical aid. This school boasts a lower than average student loan default rate of 2.60%.

#3

Drew University

Madison
11 Degrees in Major Awarded
62% Graduation Rate
2,229 Total Students

Of all the teachers who work at the school, 56% are considered full time. Most students complete their degree in 4.06 years. In their early career, Drew grads earn an average salary of $43,256.

7 Degrees in Major Awarded
64% Graduation Rate
13,231 Total Students

Grads earn an average early-career salary of $54,962 after earning their degree at this institution. Of all the teachers who work at the school, 67% are considered full time. Seeking financial aid? At this school, 85% of students receive it.

Economics Careers in NJ

Some of the careers economics majors go into include:

Job Title NJ Job Growth NJ Median Salary
Market Research Analysts and Marketing Specialists 21% $78,030
Economics Professors 8% $102,430
Managers 7% $127,510
Survey Researchers 4% $69,620
Economists 0% $87,590

Below are some popular majors in the state that are similar to economics.

Major Annual Graduates in NJ
Political Science & Government 69
International Relations & Security 67
Sociology 32
General Social Sciences 28
Anthropology 22
Criminology 16
Other Social Sciences 15
Geography & Cartography 14

View all majors related to Economics

View Nationwide Economics Report

References

More about our data sources and methodologies.

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