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Elementary Education Degree in Evansville, IN — Salary & ROI 2026

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

Starting Salary

$43K

COL-adjusted

Mid-Career

$47K

COL-adjusted

ROI Payback

6.2 yrs

in Evansville

Cost of Living

86

index (100 = avg)

Elementary Education in Evansville, IN Overview

Evansville, Indiana (pop. 117,298) has 10 colleges offering Elementary Education programs. The local cost of living index of 86 keeps student expenses low, with average rent near campus at $974/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 Evansville is approximately $43,000.

Category

Education

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%

Elementary Education Salary in Evansville (COL-Adjusted)

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

Entry Level (0-2 yrs)
$43,000($-7,000 vs national)
Mid Career (5-9 yrs)
$47,300($-7,700 vs national)
Senior Level (15+ yrs)
$53,320($-8,680 vs national)

Note: National average Elementary Education salary: $50,000 starting, $55,000 mid-career, $62,000 senior level.Evansville adjustment factor: 0.86x based on the local cost of living index.

Elementary Education ROI Calculator for Evansville

Estimate your return on investment for a Elementary Education 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

$12,900

vs HS diploma in Evansville

ROI Payback Period

6.2 years

to break even

Lifetime Return in Evansville

$161,308

Lifetime earnings premium ($240,800) minus total education cost ($79,492)

Student Loan Payoff for Elementary Education in Evansville

Standard Plan (10 years)

Loan Amount$79,492
Monthly Payment$903
Total Interest$28,822
% of Monthly Income25%

Aggressive Plan (5 years)

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

Colleges in Evansville for Elementary Education

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 Elementary Education in Evansville

Evansville offers opportunities in School districts, Universities, EdTech companies for Elementary Education graduates. National top employers in this field include:

Public SchoolsPrivate SchoolsCharter SchoolsDepartment of EducationEducation Non-Profits

Key Evansville Hiring Sectors for Education

School districts

Universities

EdTech companies

Non-profits

Training organizations

Common Elementary Education Job Titles

Elementary TeacherCurriculum DeveloperInstructional Coach

Elementary Education 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 Elementary Education ROI in other cities, or explore other majors in Evansville.

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