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Economics Degree in Evansville, IN — Salary & ROI 2026

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

Starting Salary

$56K

COL-adjusted

Mid-Career

$86K

COL-adjusted

ROI Payback

3.1 yrs

in Evansville

Cost of Living

86

index (100 = avg)

Economics in Evansville, IN Overview

Evansville, Indiana (pop. 117,298) has 10 colleges offering Economics programs. The local cost of living index of 86 keeps student expenses low, with average rent near campus at $974/month. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in Evansville is approximately $55,900, growing to $86,000 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%

Economics Salary in Evansville (COL-Adjusted)

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

Entry Level (0-2 yrs)
$55,900($-9,100 vs national)
Mid Career (5-9 yrs)
$86,000($-14,000 vs national)
Senior Level (15+ yrs)
$111,800($-18,200 vs national)

Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Evansville adjustment factor: 0.86x based on the local cost of living index.

Economics ROI Calculator for Evansville

Estimate your return on investment for a Economics 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

$25,800

vs HS diploma in Evansville

ROI Payback Period

3.1 years

to break even

Lifetime Return in Evansville

$651,508

Lifetime earnings premium ($731,000) minus total education cost ($79,492)

Student Loan Payoff for Economics in Evansville

Standard Plan (10 years)

Loan Amount$79,492
Monthly Payment$903
Total Interest$28,822
% of Monthly Income19%

Aggressive Plan (5 years)

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

Colleges in Evansville for Economics

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 Economics in Evansville

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

Federal ReserveWorld BankMcKinseyGoldman SachsIMF

Key Evansville Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Economics Job Titles

EconomistPolicy AnalystFinancial Analyst

Economics 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.

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