Psychology Degree in Evansville, IN — Salary & ROI 2026
Psychology degree analysis for Evansville, IN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$38K
COL-adjusted
Mid-Career
$56K
COL-adjusted
ROI Payback
10.3 yrs
in Evansville
Cost of Living
86
index (100 = avg)
Psychology in Evansville, IN Overview
Evansville, Indiana (pop. 117,298) has 10 colleges offering Psychology programs. The local cost of living index of 86 keeps student expenses low, with average rent near campus at $974/month. Psychology enrollment is stable nationwide, with steady demand for graduates skilled in Research Methods and Statistics. The adjusted starting salary in Evansville is approximately $37,840.
Category
Social Sciences
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%
Psychology Salary in Evansville (COL-Adjusted)
Salaries adjusted for Evansville's cost of living index of 86 (national average = 100).
Note: National average Psychology salary: $44,000 starting, $65,000 mid-career, $82,000 senior level.Evansville adjustment factor: 0.86x based on the local cost of living index.
Psychology ROI Calculator for Evansville
Estimate your return on investment for a Psychology 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
$7,740
vs HS diploma in Evansville
ROI Payback Period
10.3 years
to break even
Lifetime Return in Evansville
$195,708
Lifetime earnings premium ($275,200) minus total education cost ($79,492)
Student Loan Payoff for Psychology in Evansville
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Evansville for Psychology
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 Psychology in Evansville
Evansville offers opportunities in Government agencies, Non-profits, Research institutes for Psychology graduates. National top employers in this field include:
Key Evansville 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
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
Bloomington, IN
$37K starting · COL 83
5 colleges
Hammond, IN
$41K starting · COL 93.1
4 colleges
Lafayette, IN
$37K starting · COL 84.8
3 colleges
Other Social Sciences Majors in Evansville
International Relations
$43K starting · 5 yr ROI
Political Science
$41K starting · 5.5 yr ROI
Urban Planning
$43K starting · 5 yr ROI
Geography
$43K starting · 5.5 yr ROI
Forensic Science
$43K starting · 4.8 yr ROI
Sustainability Studies
$43K starting · 5.8 yr ROI
Criminal Justice
$43K starting · 5 yr ROI
Sociology
$38K starting · 6.5 yr ROI
Psychology 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 Psychology ROI in other cities, or explore other majors in Evansville.