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Elementary Education Degree in Waukegan, IL — Salary & ROI 2026

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

Starting Salary

$45K

COL-adjusted

Mid-Career

$50K

COL-adjusted

ROI Payback

8.6 yrs

in Waukegan

Cost of Living

90.3

index (100 = avg)

Elementary Education in Waukegan, IL Overview

While Waukegan has a smaller college scene with 4 institutions, Elementary Education students benefit from the close-knit academic community. Room and board averages $13,641/year, and the car-friendly layout shapes the student experience. 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 Waukegan is approximately $45,150.

Category

Education

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%

Elementary Education 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)
$45,150($-4,850 vs national)
Mid Career (5-9 yrs)
$49,665($-5,335 vs national)
Senior Level (15+ yrs)
$55,986($-6,014 vs national)

Note: National average Elementary Education salary: $50,000 starting, $55,000 mid-career, $62,000 senior level.Waukegan adjustment factor: 0.90x based on the local cost of living index.

Elementary Education ROI Calculator for Waukegan

Estimate your return on investment for a Elementary Education 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

$13,545

vs HS diploma in Waukegan

ROI Payback Period

8.6 years

to break even

Lifetime Return in Waukegan

$136,676

Lifetime earnings premium ($252,840) minus total education cost ($116,164)

Student Loan Payoff for Elementary Education in Waukegan

Standard Plan (10 years)

Loan Amount$116,164
Monthly Payment$1,319
Total Interest$42,118
% of Monthly Income35%

Aggressive Plan (5 years)

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

Colleges in Waukegan for Elementary Education

Waukegan State University

public

$15,619/yr

$62,476 total

Community Colleges (2-Year Transfer)

Waukegan Community College

$4,848/yr

Top Employers for Elementary Education in Waukegan

Waukegan 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 Waukegan 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 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.

Explore More

Compare Elementary Education ROI in other cities, or explore other majors in Waukegan.

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