DegreeCalc

Business Administration Degree in Evansville, IN — Salary & ROI 2026

Business Administration degree analysis for Evansville, IN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$50K

COL-adjusted

Mid-Career

$76K

COL-adjusted

ROI Payback

4 yrs

in Evansville

Cost of Living

86

index (100 = avg)

Business Administration in Evansville, IN Overview

Evansville, Indiana (pop. 117,298) has 10 colleges offering Business Administration programs. The local cost of living index of 86 keeps student expenses low, with average rent near campus at $974/month. Business Administration enrollment is stable nationwide, with steady demand for graduates skilled in Leadership and Strategic Planning. The adjusted starting salary in Evansville is approximately $49,880, growing to $75,680 by mid-career.

Category

Business

Local Colleges

10

Public Tuition

$8,448/yr

Private Tuition

$42,316/yr

Room & Board

$11,425/yr

Avg Fin. Aid

$12,482/yr

Unemployment

4.8%

Graduation Rate

57%

Business Administration Salary in Evansville (COL-Adjusted)

Salaries adjusted for Evansville's cost of living index of 86 (national average = 100).

Entry Level (0-2 yrs)
$49,880($-8,120 vs national)
Mid Career (5-9 yrs)
$75,680($-12,320 vs national)
Senior Level (15+ yrs)
$98,900($-16,100 vs national)

Note: National average Business Administration salary: $58,000 starting, $88,000 mid-career, $115,000 senior level.Evansville adjustment factor: 0.86x based on the local cost of living index.

Business Administration ROI Calculator for Evansville

Estimate your return on investment for a Business Administration degree using local Evansville tuition and cost of living data.

Public avg: $8,448 | Private avg: $42,316

Evansville avg aid: $12,482/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$79,492

tuition + room & board - aid

Annual Earnings Premium

$19,780

vs HS diploma in Evansville

ROI Payback Period

4 years

to break even

Lifetime Return in Evansville

$479,508

Lifetime earnings premium ($559,000) minus total education cost ($79,492)

Student Loan Payoff for Business Administration in Evansville

Standard Plan (10 years)

Loan Amount$79,492
Monthly Payment$903
Total Interest$28,822
% of Monthly Income22%

Aggressive Plan (5 years)

Loan Amount$79,492
Monthly Payment$1,555
Total Interest$13,829
Interest Savings$14,993

Colleges in Evansville for Business Administration

University of Evansville

private

$42,316/yr

$169,264 total

University of Southern Indiana

public

$8,448/yr

$33,792 total

Community Colleges (2-Year Transfer)

Ivy Tech Community College Evansville

$4,540/yr

Top Employers for Business Administration in Evansville

Evansville offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Business Administration graduates. National top employers in this field include:

AmazonJPMorganDeloitteProcter & GambleMcKinsey

Key Evansville Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Business Administration Job Titles

Business AnalystOperations ManagerManagement Consultant

Business Administration Degree in Evansville — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Business Administration ROI in other cities, or explore other majors in Evansville.

Frequently Asked Questions

Related Calculators