Family & Consumer Economics
Students study household financial management, consumer economics, financial planning, and the economic factors that affect family wellbeing and consumer behavior. Graduates typically pursue careers as financial counselors, consumer education specialists, community development workers, and family resource managers. This major prepares students to help families make sound financial decisions and manage resources effectively.
What Family & Consumer Economics graduates do
You'll use your expertise in economics to help people navigate major life decisions. The most common career, personal financial advisor, is less about staring at stock tickers and more about building relationships. You’ll meet with clients to understand their goals—buying a home, funding college, retiring comfortably—and then design a financial plan to get them there. This is the fastest-growing path. A different route is becoming a farm and home management educator, where you’ll run workshops and provide direct advice to families on everything from household budgeting to sustainable living, though this field faces hiring headwinds. A few graduates also teach these subjects at the college level.
Initially, you might support a senior advisor or co-teach a class before taking on your own clients or courses. AI's impact on these careers is moderate; it will automate significant parts of your routine work, like generating initial financial reports or grading simple assignments. This won't eliminate your job, but it will change it, freeing you to focus on the human skills AI can't replicate: building client trust, making complex judgment calls, and mentoring others.
You may also want to evaluate Family & Consumer Economics against Family & Consumer Sciences, Housing & Interiors, and Consumer Sciences & Business on salary and long-run job outlook.
Where Family & Consumer Economics graduates work
Common career paths for Family & Consumer Economics graduates, with median salaries, projected growth, and AI exposure per role. Roughly 25,400 combined openings per year across these roles.
| Role | Median Pay | Annual Openings | 10-yr Growth | AI Exposure |
|---|---|---|---|---|
|
Personal financial advisors
|
$102,140
$71K–$173K
|
24,100 | +9.6% | High · 50% |
|
Family and consumer sciences teachers, postsecondary
|
$77,280
$57K–$100K
|
200 | +3.4% | High · 54% |
|
Farm and home management educators
|
$58,120
$46K–$69K
|
1,100 | -2.5% | Moderate · 37% |
Best schools for Family & Consumer Economics
Schools ranked by DegreeOutlook Score (earnings × AI resilience × ROI × job-market size). Top 10 of 16.
| # | School | DW Score | 1-yr Earnings | ROI |
|---|---|---|---|---|
| 5 |
South Dakota State University
Brookings, SD · Public
|
47 | $44,891 | 12.9x |
| 6 |
The University of Tennessee-Knoxville
Knoxville, TN · Public
|
45 | $43,014 | 9.9x |
| 7 |
The University of Alabama
Tuscaloosa, AL · Public
|
45 | $41,201 | 11.4x |
| 8 |
Texas State University
San Marcos, TX · Public
|
43 | $45,666 | 9.9x |
| 9 |
University of Minnesota-Twin Cities
Minneapolis, MN · Public
|
37 | $39,081 | 7.1x |
| 10 |
University of Nebraska at Kearney
Kearney, NE · Public
|
36 | $38,009 | 11.6x |
| 11 |
Arizona State University Campus Immersion
Tempe, AZ · Public
|
35 | $36,280 | 9.3x |
| 12 |
University of Nebraska-Lincoln
Lincoln, NE · Public
|
33 | $35,242 | 10.3x |
| 13 |
Arizona State University Digital Immersion
Scottsdale, AZ · Public
|
31 | $36,280 | — |
| 14 |
Tennessee State University
Nashville, TN · Public
|
28 | $32,793 | 10.1x |
| 15 |
Middle Tennessee State University
Murfreesboro, TN · Public
|
26 | $31,988 | 8.8x |
| 16 |
SUNY Buffalo State University
Buffalo, NY · Public
|
25 | $28,180 | 10.9x |
Highest Earnings Top 5
| Texas Tech University
TX |
$53,997 |
| University of Missouri-Columbia
MO |
$50,614 |
| University of Georgia
GA |
$48,620 |
| Ohio State University-Main Campus
OH |
$46,474 |
| Texas State University
TX |
$45,666 |
Best ROI Top 5
| University of Georgia
GA |
14.4x |
| Texas Tech University
TX |
13.9x |
| South Dakota State University
SD |
12.9x |
| Ohio State University-Main Campus
OH |
11.7x |
| University of Nebraska at Kearney
NE |
11.6x |
Related majors
Similar fields of study often offered alongside Family & Consumer Economics.
Frequently asked about Family & Consumer Economics
How much do Family & Consumer Economics graduates earn?
First-year earnings for Family & Consumer Economics graduates average $40,771 annually, based on data from 16 programs. The range spans $28,180 at the low end to $53,997 at the top.
Will AI affect Family & Consumer Economics careers?
Family & Consumer Economics is rated "High" for AI automation risk, with 53% of job tasks exposed to large language models and AI tools. This means most career tasks in this field could be augmented or replaced by AI over the next decade.
What's the top-ranked school for Family & Consumer Economics?
Based on our DegreeOutlook Score (combining earnings, AI resilience, job market size, and ROI), Texas Tech University ranks #1 for Family & Consumer Economics with a score of 57/100 and graduate earnings of $53,997/yr.
What's the outlook for a Family & Consumer Economics degree?
On average, Family & Consumer Economics graduates earn 10.9x their in-state tuition over 10 years. This is a strong return on investment.