Fine Arts Degree in Carmel, IN — Salary & ROI 2026
Fine Arts degree analysis for Carmel, IN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$53K
COL-adjusted
Mid-Career
$55K
COL-adjusted
ROI Payback
6.2 yrs
in Carmel
Cost of Living
105.2
index (100 = avg)
Fine Arts in Carmel, IN Overview
While Carmel has a smaller college scene with 4 institutions, Fine Arts students benefit from lower tuition costs. Room and board averages $14,124/year, and the car-friendly layout shapes the student experience. Although national enrollment in Fine Arts has been declining, graduates with skills in Drawing and Painting remain competitive in the job market. The adjusted starting salary in Carmel is approximately $52,600.
Category
Arts & Design
Local Colleges
4
Public Tuition
$10,200/yr
Private Tuition
$34,000/yr
Room & Board
$14,124/yr
Avg Fin. Aid
$13,619/yr
Unemployment
2.9%
Graduation Rate
46%
Fine Arts Salary in Carmel (COL-Adjusted)
Salaries adjusted for Carmel's cost of living index of 105.2 (national average = 100).
Note: National average Fine Arts salary: $50,000 starting, $52,000 mid-career, $65,000 senior level.Carmel adjustment factor: 1.05x based on the local cost of living index.
Fine Arts ROI Calculator for Carmel
Estimate your return on investment for a Fine Arts degree using local Carmel tuition and cost of living data.
Public avg: $10,200 | Private avg: $34,000
Carmel avg aid: $13,619/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$97,296
tuition + room & board - aid
Annual Earnings Premium
$15,780
vs HS diploma in Carmel
ROI Payback Period
6.2 years
to break even
Lifetime Return in Carmel
$7,904
Lifetime earnings premium ($105,200) minus total education cost ($97,296)
Student Loan Payoff for Fine Arts in Carmel
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Carmel for Fine Arts
Carmel State University
public
$10,293/yr
$41,172 total
Community Colleges (2-Year Transfer)
Carmel Community College
$5,781/yr
Top Employers for Fine Arts in Carmel
Carmel offers opportunities in Design agencies, Studios, Tech companies for Fine Arts graduates. National top employers in this field include:
Key Carmel Hiring Sectors for Arts & Design
Design agencies
Studios
Tech companies
Advertising firms
Media companies
Common Fine Arts Job Titles
Fine Arts in Nearby Indiana Cities
Indianapolis, IN
$47K starting · COL 94
25 colleges
Fort Wayne, IN
$52K starting · COL 103
24 colleges
Evansville, IN
$43K starting · COL 86
10 colleges
South Bend, IN
$45K starting · COL 89
9 colleges
Fishers, IN
$50K starting · COL 100.5
4 colleges
Bloomington, IN
$42K starting · COL 83
5 colleges
Hammond, IN
$47K starting · COL 93.1
4 colleges
Lafayette, IN
$42K starting · COL 84.8
3 colleges
Other Arts & Design Majors in Carmel
UX Design
$53K starting · 3.2 yr ROI
Architecture
$61K starting · 5.5 yr ROI
Animation & Game Design
$53K starting · 4.8 yr ROI
Industrial Design
$53K starting · 4.8 yr ROI
Graphic Design
$50K starting · 5.5 yr ROI
Interior Design
$53K starting · 5.8 yr ROI
Fashion Design
$53K starting · 6.5 yr ROI
Film & Media Studies
$53K starting · 7.5 yr ROI
Fine Arts Degree in Carmel — 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 Fine Arts ROI in other cities, or explore other majors in Carmel.