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Chemical Engineering Degree in Waukegan, IL — Salary & ROI 2026

Chemical Engineering degree analysis for Waukegan, IL. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$74K

COL-adjusted

Mid-Career

$108K

COL-adjusted

ROI Payback

2.7 yrs

in Waukegan

Cost of Living

90.3

index (100 = avg)

Chemical Engineering in Waukegan, IL Overview

While Waukegan has a smaller college scene with 4 institutions, Chemical Engineering students benefit from the close-knit academic community. Room and board averages $13,641/year, and the car-friendly layout shapes the student experience. Chemical Engineering enrollment is stable nationwide, with steady demand for graduates skilled in Process Design and Thermodynamics. The adjusted starting salary in Waukegan is approximately $74,046.

Category

Engineering

Local Colleges

4

Public Tuition

$15,400/yr

Private Tuition

$38,000/yr

Room & Board

$13,641/yr

Avg Fin. Aid

$13,734/yr

Unemployment

5.1%

Graduation Rate

74%

Chemical Engineering Salary in Waukegan (COL-Adjusted)

Salaries adjusted for Waukegan's cost of living index of 90.3 (national average = 100).

Entry Level (0-2 yrs)
$74,046($-7,954 vs national)
Mid Career (5-9 yrs)
$108,360($-11,640 vs national)
Senior Level (15+ yrs)
$135,450($-14,550 vs national)

Note: National average Chemical Engineering salary: $82,000 starting, $120,000 mid-career, $150,000 senior level.Waukegan adjustment factor: 0.90x based on the local cost of living index.

Chemical Engineering ROI Calculator for Waukegan

Estimate your return on investment for a Chemical Engineering degree using local Waukegan tuition and cost of living data.

Public avg: $15,400 | Private avg: $38,000

Waukegan avg aid: $13,734/yr

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

Total Education Cost

$116,164

tuition + room & board - aid

Annual Earnings Premium

$42,441

vs HS diploma in Waukegan

ROI Payback Period

2.7 years

to break even

Lifetime Return in Waukegan

$831,986

Lifetime earnings premium ($948,150) minus total education cost ($116,164)

Student Loan Payoff for Chemical Engineering in Waukegan

Standard Plan (10 years)

Loan Amount$116,164
Monthly Payment$1,319
Total Interest$42,118
% of Monthly Income21%

Aggressive Plan (5 years)

Loan Amount$116,164
Monthly Payment$2,273
Total Interest$20,209
Interest Savings$21,909

Colleges in Waukegan for Chemical Engineering

Waukegan State University

public

$15,619/yr

$62,476 total

Community Colleges (2-Year Transfer)

Waukegan Community College

$4,848/yr

Top Employers for Chemical Engineering in Waukegan

Waukegan offers opportunities in Engineering firms, Manufacturing, Defense contractors for Chemical Engineering graduates. National top employers in this field include:

ExxonMobilDow ChemicalBASFChevron3M

Key Waukegan Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Chemical Engineering Job Titles

Chemical EngineerProcess EngineerPlant Manager

Chemical Engineering Degree in Waukegan — 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.

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Compare Chemical Engineering ROI in other cities, or explore other majors in Waukegan.

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