Occupational Therapy Degree in Carmel, IN — Salary & ROI 2026
Occupational Therapy 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
$82K
COL-adjusted
ROI Payback
6.2 yrs
in Carmel
Cost of Living
105.2
index (100 = avg)
Occupational Therapy in Carmel, IN Overview
While Carmel has a smaller college scene with 4 institutions, Occupational Therapy students benefit from lower tuition costs. Room and board averages $14,124/year, and the car-friendly layout shapes the student experience. Occupational Therapy has seen growing enrollment nationally, reflecting rising employer demand for Patient Assessment and Treatment Planning skills. The adjusted starting salary in Carmel is approximately $52,600, growing to $82,056 by mid-career.
Category
Healthcare
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%
Occupational Therapy Salary in Carmel (COL-Adjusted)
Salaries adjusted for Carmel's cost of living index of 105.2 (national average = 100).
Note: National average Occupational Therapy salary: $50,000 starting, $78,000 mid-career, $90,000 senior level.Carmel adjustment factor: 1.05x based on the local cost of living index.
Occupational Therapy ROI Calculator for Carmel
Estimate your return on investment for a Occupational Therapy 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
$481,304
Lifetime earnings premium ($578,600) minus total education cost ($97,296)
Student Loan Payoff for Occupational Therapy in Carmel
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Carmel for Occupational Therapy
Carmel State University
public
$10,293/yr
$41,172 total
Community Colleges (2-Year Transfer)
Carmel Community College
$5,781/yr
Top Employers for Occupational Therapy in Carmel
Carmel offers opportunities in Hospitals, Medical centers, Private practices for Occupational Therapy graduates. National top employers in this field include:
Key Carmel Hiring Sectors for Healthcare
Hospitals
Medical centers
Private practices
Health systems
Pharma companies
Common Occupational Therapy Job Titles
Occupational Therapy 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 Healthcare Majors in Carmel
Pharmacy
$53K starting · 3.5 yr ROI
Health Informatics
$53K starting · 3.8 yr ROI
Nursing
$72K starting · 3.2 yr ROI
Healthcare Administration
$53K starting · 4 yr ROI
Dental Hygiene
$53K starting · 3 yr ROI
Speech-Language Pathology
$53K starting · 4.2 yr ROI
Public Health
$53K starting · 5.2 yr ROI
Radiologic Technology
$53K starting · 3 yr ROI
Occupational Therapy 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 Occupational Therapy ROI in other cities, or explore other majors in Carmel.