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Economics in New Jersey

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Economics Schools in New Jersey

822 students earned Economics degrees in New Jersey in the 2018-2019 year.

In this state, Economics is the 5th most popular major out of a total 26 majors commonly available.

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
Bachelor’s Degree 764
Master’s Degree 33
Doctor’s Degree (Research / Scholarship) 25
Doctor’s Degree (Professional Practice) 25
Doctor’s Degree (Other) 25

Gender Distribution

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

Economics Majors in NJ Gender Diversity Statistics

Racial Distribution

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

  • Asian: 20.1%
  • Black or African American: 6.0%
  • Hispanic or Latino: 13.5%
  • White: 37.7%
  • Non-Resident Alien: 16.7%
  • Other Races: 6.1%
Economics Majors in NJ Ethnic Diversity Statistics

Jobs for Economics Grads in New Jersey

38,700 people in the state and 1,144,130 in the nation are employed in jobs related to economics.

Economics Jobs Nationwide vs. NJ

Wages for Economics Jobs in New Jersey

A typical salary for a economics grad in the state is $100,500, compared to a typical salary of $115,590 nationwide.

jobs nationwide vs. state.

There are 19 colleges in New Jersey that offer economics degrees. Learn about the most popular 10 below:

354 Degrees in Major Awarded
80% Graduation Rate
50,173 Total Students

This school boasts a lower than average student loan default rate of 3.80%. Graduates earn an average $44,300 after graduation. The student to faculty ratio is 15 to 1.

#2

Princeton University

Princeton
184 Degrees in Major Awarded
97% Graduation Rate
8,419 Total Students

The 0.90% student loan default rate is lower than average. In their early career, Princeton grads earn an average salary of $60,800. 5 to 1 is the student to faculty ratio.

63 Degrees in Major Awarded
66% Graduation Rate
21,007 Total Students

Most students complete their degree in 4.47 years. Roughly six years after entering college, graduates of this school earn $36,900 a year. The student loan default rate is 4.80% which is lower than average.

42 Degrees in Major Awarded
68% Graduation Rate
13,605 Total Students

This school boasts a lower than average student loan default rate of 3.80%. The student to faculty ratio is 15 to 1. This public school has an average net price of $12,888.

#5

Drew University

Madison
26 Degrees in Major Awarded
67% Graduation Rate
2,319 Total Students

The student to faculty ratio is 10 to 1. Grads earn an average early-career salary of $33,000 after earning their degree at this institution. The average student takes 4.08 years to complete their degree at Drew.

#5

Seton Hall University

South Orange
26 Degrees in Major Awarded
63% Graduation Rate
10,219 Total Students

Grads earn an average early-career salary of $44,800 after earning their degree at this institution. This school boasts a lower than average student loan default rate of 3.80%. The average student takes 4.17 years to complete their degree at Seton Hall.

24 Degrees in Major Awarded
85% Graduation Rate
7,821 Total Students

The student to faculty ratio is 13 to 1. 83% of students are awarded financial aid at this school. Students who attend this public school pay an average net price of $27,026.

17 Degrees in Major Awarded
57% Graduation Rate
7,233 Total Students

94% of students get financical aid. Students who attend this public school pay an average net price of $13,293. Roughly six years after entering college, graduates of this school earn $44,300 a year.

#9

Rowan University

Glassboro
16 Degrees in Major Awarded
67% Graduation Rate
19,618 Total Students

The full-time teacher rate is 49%. This public college charges it's students an average net price of $25,529. Students enjoy a student to faculty ratio of 17 to 1.

14 Degrees in Major Awarded
74% Graduation Rate
6,142 Total Students

Students enjoy a student to faculty ratio of 17 to 1. In their early career, Ramapo College grads earn an average salary of $41,700. This public school has an average net price of $20,216.

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 20% $78,030
Economics Professors 8% $102,430
Managers 7% $127,510
Economists 0% $87,590

View Nationwide Economics Report

References

More about our data sources and methodologies.

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