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Industrial Engineering Degree in Evansville, IN — Salary & ROI 2026

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

Starting Salary

$65K

COL-adjusted

Mid-Career

$90K

COL-adjusted

ROI Payback

2.3 yrs

in Evansville

Cost of Living

86

index (100 = avg)

Industrial Engineering in Evansville, IN Overview

Evansville, Indiana (pop. 117,298) has 10 colleges offering Industrial Engineering programs. The local cost of living index of 86 keeps student expenses low, with average rent near campus at $974/month. Industrial Engineering enrollment is stable nationwide, with steady demand for graduates skilled in Operations Research and Lean Manufacturing. The adjusted starting salary in Evansville is approximately $64,500.

Category

Engineering

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%

Industrial Engineering Salary in Evansville (COL-Adjusted)

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

Entry Level (0-2 yrs)
$64,500($-10,500 vs national)
Mid Career (5-9 yrs)
$90,300($-14,700 vs national)
Senior Level (15+ yrs)
$111,800($-18,200 vs national)

Note: National average Industrial Engineering salary: $75,000 starting, $105,000 mid-career, $130,000 senior level.Evansville adjustment factor: 0.86x based on the local cost of living index.

Industrial Engineering ROI Calculator for Evansville

Estimate your return on investment for a Industrial Engineering 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

$34,400

vs HS diploma in Evansville

ROI Payback Period

2.3 years

to break even

Lifetime Return in Evansville

$694,508

Lifetime earnings premium ($774,000) minus total education cost ($79,492)

Student Loan Payoff for Industrial Engineering in Evansville

Standard Plan (10 years)

Loan Amount$79,492
Monthly Payment$903
Total Interest$28,822
% of Monthly Income17%

Aggressive Plan (5 years)

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

Colleges in Evansville for Industrial Engineering

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 Industrial Engineering in Evansville

Evansville offers opportunities in Engineering firms, Manufacturing, Defense contractors for Industrial Engineering graduates. National top employers in this field include:

AmazonBoeingMcKinseyToyotaUPS

Key Evansville Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Industrial Engineering Job Titles

Industrial EngineerOperations ManagerSupply Chain Analyst

Industrial Engineering 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 Industrial Engineering ROI in other cities, or explore other majors in Evansville.

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