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Economics in New Jersey

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Economics Schools in New Jersey

In 2020-2021, 843 students earned their Economics degrees in NJ.

As a degree choice, Economics is the 27th 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
Bachelor’s Degree 761
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: 18.6%
  • Black or African American: 5.2%
  • Hispanic or Latino: 13.9%
  • White: 35.6%
  • Non-Resident Alien: 21.2%
  • Other Races: 5.5%
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Jobs for Economics Grads in New Jersey

In this state, there are 38,700 people employed in jobs related to an economics degree, compared to 1,144,130 nationwide.

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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.

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There are 12 colleges in New Jersey that offer economics degrees. Learn about the most popular 12 below:

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

The full-time teacher rate is 60%. This public school has an average net price of $23,035. The student to faculty ratio is 16 to 1.

#2

Princeton University

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

Most students complete their degree in 4.10 years. This private school has an average net price of $9,836. The full-time teacher rate is 83%.

79 Degrees in Major Awarded
71% Graduation Rate
21,005 Total Students

This school boasts a lower than average student loan default rate of 4.30%. Most students complete their degree in 4.39 years. The full-time teacher rate is 38%.

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

It takes the average student 4.48 years to graduate. This school boasts a lower than average student loan default rate of 2.60%. The full-time teacher rate is 67%.

#5

Drew University

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

The average student takes 4.06 years to complete their degree at Drew. 12 to 1 is the student to faculty ratio. The full-time teacher rate is 56%.

#6

Rowan University

Glassboro
32 Degrees in Major Awarded
72% Graduation Rate
19,678 Total Students

Students enjoy a student to faculty ratio of 17 to 1. The student loan default rate of 4.60% is a good sign that graduates can afford their loan payments. 89% of students are awarded financial aid at this school.

#7

Seton Hall University

South Orange
21 Degrees in Major Awarded
70% Graduation Rate
9,814 Total Students

This school boasts a lower than average student loan default rate of 3.60%. In their early career, Seton Hall grads earn an average salary of $54,071. Students enjoy a student to faculty ratio of 14 to 1.

19 Degrees in Major Awarded
86% Graduation Rate
7,783 Total Students

In their early career, TCNJ grads earn an average salary of $57,264. This public college charges it's students an average net price of $28,245. Of all the students who attend this school, 82% get financial aid.

15 Degrees in Major Awarded
58% Graduation Rate
7,076 Total Students

Of all the students who attend this school, 99% get financial aid. Students enjoy a student to faculty ratio of 15 to 1. Most students complete their degree in 4.59 years.

#10

Kean University

Union
10 Degrees in Major Awarded
49% Graduation Rate
14,064 Total Students

This school boasts a lower than average student loan default rate of 5.70%. The full-time teacher rate is 26%. 94% of students are awarded financial aid at this school.

#10

Stockton University

Galloway
10 Degrees in Major Awarded
74% Graduation Rate
9,893 Total Students

Most students complete their degree in 4.24 years. Graduates earn an average $45,422 after graduation. Of all the students who attend this school, 91% get financial aid.

10 Degrees in Major Awarded
52% Graduation Rate
9,635 Total Students

Of all the teachers who work at the school, 98% are considered full time. Most students complete their degree in 4.45 years. This school boasts a lower than average student loan default rate of 7.10%.

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 792
General Social Sciences 738
Sociology 543
Criminology 222
International Relations & Security 185
Anthropology 134
Geography & Cartography 67
Other Social Sciences 61

View all majors related to Economics

View Nationwide Economics Report

References

More about our data sources and methodologies.

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