Psychology Degree in Bloomington, IN — Salary & ROI 2026
Psychology degree analysis for Bloomington, IN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$37K
COL-adjusted
Mid-Career
$54K
COL-adjusted
ROI Payback
12.7 yrs
in Bloomington
Cost of Living
83
index (100 = avg)
Psychology in Bloomington, IN Overview
While Bloomington has a smaller college scene with 5 institutions, Psychology students benefit from lower tuition costs. Room and board averages $12,831/year, and the car-friendly layout shapes the student experience. Psychology enrollment is stable nationwide, with steady demand for graduates skilled in Research Methods and Statistics. The adjusted starting salary in Bloomington is approximately $36,520.
Category
Social Sciences
Local Colleges
5
Public Tuition
$10,948/yr
Private Tuition
$35,439/yr
Room & Board
$12,831/yr
Avg Fin. Aid
$13,996/yr
Unemployment
5.2%
Graduation Rate
64%
Psychology Salary in Bloomington (COL-Adjusted)
Salaries adjusted for Bloomington's cost of living index of 83 (national average = 100).
Note: National average Psychology salary: $44,000 starting, $65,000 mid-career, $82,000 senior level.Bloomington adjustment factor: 0.83x based on the local cost of living index.
Psychology ROI Calculator for Bloomington
Estimate your return on investment for a Psychology degree using local Bloomington tuition and cost of living data.
Public avg: $10,948 | Private avg: $35,439
Bloomington avg aid: $13,996/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$95,116
tuition + room & board - aid
Annual Earnings Premium
$7,470
vs HS diploma in Bloomington
ROI Payback Period
12.7 years
to break even
Lifetime Return in Bloomington
$170,484
Lifetime earnings premium ($265,600) minus total education cost ($95,116)
Student Loan Payoff for Psychology in Bloomington
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Bloomington for Psychology
Indiana University Bloomington
public
$10,948/yr
$43,792 total
Community Colleges (2-Year Transfer)
Ivy Tech Community College Bloomington
$4,540/yr
Top Employers for Psychology in Bloomington
Bloomington offers opportunities in Government agencies, Non-profits, Research institutes for Psychology graduates. National top employers in this field include:
Key Bloomington Hiring Sectors for Social Sciences
Government agencies
Non-profits
Research institutes
Social services
Consulting
Common Psychology Job Titles
Psychology in Nearby Indiana Cities
Indianapolis, IN
$41K starting · COL 94
25 colleges
Fort Wayne, IN
$45K starting · COL 103
24 colleges
Evansville, IN
$38K starting · COL 86
10 colleges
South Bend, IN
$39K starting · COL 89
9 colleges
Carmel, IN
$46K starting · COL 105.2
4 colleges
Fishers, IN
$44K starting · COL 100.5
4 colleges
Hammond, IN
$41K starting · COL 93.1
4 colleges
Lafayette, IN
$37K starting · COL 84.8
3 colleges
Other Social Sciences Majors in Bloomington
International Relations
$42K starting · 5 yr ROI
Political Science
$40K starting · 5.5 yr ROI
Urban Planning
$42K starting · 5 yr ROI
Geography
$42K starting · 5.5 yr ROI
Forensic Science
$42K starting · 4.8 yr ROI
Sustainability Studies
$42K starting · 5.8 yr ROI
Criminal Justice
$42K starting · 5 yr ROI
Sociology
$37K starting · 6.5 yr ROI
Psychology Degree in Bloomington — 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 Psychology ROI in other cities, or explore other majors in Bloomington.