Business Administration Degree in Peoria, IL — Salary & ROI 2026
Business Administration degree analysis for Peoria, IL. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$60K
COL-adjusted
Mid-Career
$92K
COL-adjusted
ROI Payback
3.1 yrs
in Peoria
Cost of Living
104
index (100 = avg)
Business Administration in Peoria, IL Overview
While Peoria has a smaller college scene with 5 institutions, Business Administration students benefit from lower tuition costs. Room and board averages $10,566/year, and the car-friendly layout shapes the student experience. Business Administration enrollment is stable nationwide, with steady demand for graduates skilled in Leadership and Strategic Planning. The adjusted starting salary in Peoria is approximately $60,320, growing to $91,520 by mid-career.
Category
Business
Local Colleges
5
Public Tuition
$8,032/yr
Private Tuition
$38,400/yr
Room & Board
$10,566/yr
Avg Fin. Aid
$9,588/yr
Unemployment
5.6%
Graduation Rate
47%
Business Administration Salary in Peoria (COL-Adjusted)
Salaries adjusted for Peoria's cost of living index of 104 (national average = 100).
Note: National average Business Administration salary: $58,000 starting, $88,000 mid-career, $115,000 senior level.Peoria adjustment factor: 1.04x based on the local cost of living index.
Business Administration ROI Calculator for Peoria
Estimate your return on investment for a Business Administration degree using local Peoria tuition and cost of living data.
Public avg: $8,032 | Private avg: $38,400
Peoria avg aid: $9,588/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$74,392
tuition + room & board - aid
Annual Earnings Premium
$23,920
vs HS diploma in Peoria
ROI Payback Period
3.1 years
to break even
Lifetime Return in Peoria
$601,608
Lifetime earnings premium ($676,000) minus total education cost ($74,392)
Student Loan Payoff for Business Administration in Peoria
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Peoria for Business Administration
Bradley University
private
$38,400/yr
$153,600 total
Community Colleges (2-Year Transfer)
Illinois Central College
$4,980/yr
Top Employers for Business Administration in Peoria
Peoria offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Business Administration graduates. National top employers in this field include:
Key Peoria Hiring Sectors for Business
Financial services
Consulting firms
Fortune 500 companies
Startups
Marketing agencies
Common Business Administration Job Titles
Business Administration in Nearby Illinois Cities
Chicago, IL
$63K starting · COL 109
98 colleges
Aurora, IL
$54K starting · COL 92.8
7 colleges
Joliet, IL
$63K starting · COL 108
12 colleges
Naperville, IL
$59K starting · COL 102
13 colleges
Rockford, IL
$52K starting · COL 90
8 colleges
Elgin, IL
$46K starting · COL 79
13 colleges
Springfield, IL
$53K starting · COL 92
9 colleges
Waukegan, IL
$52K starting · COL 90.3
4 colleges
Other Business Majors in Peoria
Business Analytics
$81K starting · 2 yr ROI
Finance
$73K starting · 3.5 yr ROI
Economics
$68K starting · 4 yr ROI
Information Systems
$52K starting · 3.3 yr ROI
Supply Chain Management
$52K starting · 3.5 yr ROI
Operations Management
$52K starting · 3.8 yr ROI
Accounting
$64K starting · 3.8 yr ROI
Real Estate
$52K starting · 4 yr ROI
Business Administration Degree in Peoria — 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 Peoria.