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Real Estate Degree in Waukegan, IL — Salary & ROI 2026

Real Estate degree analysis for Waukegan, IL. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$45K

COL-adjusted

Mid-Career

$81K

COL-adjusted

ROI Payback

8.6 yrs

in Waukegan

Cost of Living

90.3

index (100 = avg)

Real Estate in Waukegan, IL Overview

While Waukegan has a smaller college scene with 4 institutions, Real Estate students benefit from the close-knit academic community. Room and board averages $13,641/year, and the car-friendly layout shapes the student experience. Real Estate enrollment is stable nationwide, with steady demand for graduates skilled in Property Valuation and Investment Analysis. The adjusted starting salary in Waukegan is approximately $45,150, growing to $81,270 by mid-career.

Category

Business

Local Colleges

4

Public Tuition

$15,400/yr

Private Tuition

$38,000/yr

Room & Board

$13,641/yr

Avg Fin. Aid

$13,734/yr

Unemployment

5.1%

Graduation Rate

74%

Real Estate Salary in Waukegan (COL-Adjusted)

Salaries adjusted for Waukegan's cost of living index of 90.3 (national average = 100).

Entry Level (0-2 yrs)
$45,150($-4,850 vs national)
Mid Career (5-9 yrs)
$81,270($-8,730 vs national)
Senior Level (15+ yrs)
$112,875($-12,125 vs national)

Note: National average Real Estate salary: $50,000 starting, $90,000 mid-career, $125,000 senior level.Waukegan adjustment factor: 0.90x based on the local cost of living index.

Real Estate ROI Calculator for Waukegan

Estimate your return on investment for a Real Estate degree using local Waukegan tuition and cost of living data.

Public avg: $15,400 | Private avg: $38,000

Waukegan avg aid: $13,734/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$116,164

tuition + room & board - aid

Annual Earnings Premium

$13,545

vs HS diploma in Waukegan

ROI Payback Period

8.6 years

to break even

Lifetime Return in Waukegan

$515,936

Lifetime earnings premium ($632,100) minus total education cost ($116,164)

Student Loan Payoff for Real Estate in Waukegan

Standard Plan (10 years)

Loan Amount$116,164
Monthly Payment$1,319
Total Interest$42,118
% of Monthly Income35%

Aggressive Plan (5 years)

Loan Amount$116,164
Monthly Payment$2,273
Total Interest$20,209
Interest Savings$21,909

Colleges in Waukegan for Real Estate

Waukegan State University

public

$15,619/yr

$62,476 total

Community Colleges (2-Year Transfer)

Waukegan Community College

$4,848/yr

Top Employers for Real Estate in Waukegan

Waukegan offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Real Estate graduates. National top employers in this field include:

CBREJLLCushman & WakefieldBrookfieldPrologis

Key Waukegan Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Real Estate Job Titles

Real Estate AnalystProperty ManagerCommercial Broker

Real Estate Degree in Waukegan — 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 Real Estate ROI in other cities, or explore other majors in Waukegan.

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