Elementary Education Degree in Elgin, IL — Salary & ROI 2026
Elementary Education degree analysis for Elgin, IL. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$40K
COL-adjusted
Mid-Career
$43K
COL-adjusted
ROI Payback
6.8 yrs
in Elgin
Cost of Living
79
index (100 = avg)
Elementary Education in Elgin, IL Overview
Elgin, Illinois (pop. 114,797) has 13 colleges offering Elementary Education programs. The local cost of living index of 79 keeps student expenses low, with average rent near campus at $1,008/month. Although national enrollment in Elementary Education has been declining, graduates with skills in Lesson Planning and Classroom Management remain competitive in the job market. The adjusted starting salary in Elgin is approximately $39,500.
Category
Education
Local Colleges
13
Public Tuition
$10,014/yr
Private Tuition
$30,900/yr
Room & Board
$9,983/yr
Avg Fin. Aid
$15,897/yr
Unemployment
4.7%
Graduation Rate
47%
Elementary Education Salary in Elgin (COL-Adjusted)
Salaries adjusted for Elgin's cost of living index of 79 (national average = 100).
Note: National average Elementary Education salary: $50,000 starting, $55,000 mid-career, $62,000 senior level.Elgin adjustment factor: 0.79x based on the local cost of living index.
Elementary Education ROI Calculator for Elgin
Estimate your return on investment for a Elementary Education degree using local Elgin tuition and cost of living data.
Public avg: $10,014 | Private avg: $30,900
Elgin avg aid: $15,897/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$79,988
tuition + room & board - aid
Annual Earnings Premium
$11,850
vs HS diploma in Elgin
ROI Payback Period
6.8 years
to break even
Lifetime Return in Elgin
$141,212
Lifetime earnings premium ($221,200) minus total education cost ($79,988)
Student Loan Payoff for Elementary Education in Elgin
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Elgin for Elementary Education
Judson University
private
$30,900/yr
$123,600 total
Community Colleges (2-Year Transfer)
Elgin Community College
$4,980/yr
Top Employers for Elementary Education in Elgin
Elgin offers opportunities in School districts, Universities, EdTech companies for Elementary Education graduates. National top employers in this field include:
Key Elgin Hiring Sectors for Education
School districts
Universities
EdTech companies
Non-profits
Training organizations
Common Elementary Education Job Titles
Elementary Education in Nearby Illinois Cities
Chicago, IL
$55K starting · COL 109
98 colleges
Aurora, IL
$46K starting · COL 92.8
7 colleges
Joliet, IL
$54K starting · COL 108
12 colleges
Naperville, IL
$51K starting · COL 102
13 colleges
Rockford, IL
$45K starting · COL 90
8 colleges
Springfield, IL
$46K starting · COL 92
9 colleges
Peoria, IL
$52K starting · COL 104
5 colleges
Waukegan, IL
$45K starting · COL 90.3
4 colleges
Other Education Majors in Elgin
Instructional Design & Technology
$40K starting · 3.8 yr ROI
Educational Psychology
$40K starting · 5 yr ROI
Higher Education Administration
$40K starting · 5.2 yr ROI
Special Education
$40K starting · 4.8 yr ROI
Music Education
$40K starting · 6 yr ROI
Physical Education
$40K starting · 5 yr ROI
Early Childhood Education
$40K starting · 6 yr ROI
Education
$0 starting · 0 yr ROI
Elementary Education Degree in Elgin — 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 Elementary Education ROI in other cities, or explore other majors in Elgin.