DegreeCalc

Theater & Drama Degree in Evansville, IN — Salary & ROI 2026

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

Starting Salary

$34K

COL-adjusted

Mid-Career

$43K

COL-adjusted

ROI Payback

18.5 yrs

in Evansville

Cost of Living

86

index (100 = avg)

Theater & Drama in Evansville, IN Overview

Evansville, Indiana (pop. 117,298) has 10 colleges offering Theater & Drama programs. The local cost of living index of 86 keeps student expenses low, with average rent near campus at $974/month. Although national enrollment in Theater & Drama has been declining, graduates with skills in Acting and Directing remain competitive in the job market. The adjusted starting salary in Evansville is approximately $34,400.

Category

Humanities

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%

Theater & Drama Salary in Evansville (COL-Adjusted)

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

Entry Level (0-2 yrs)
$34,400($-5,600 vs national)
Mid Career (5-9 yrs)
$43,000($-7,000 vs national)
Senior Level (15+ yrs)
$55,900($-9,100 vs national)

Note: National average Theater & Drama salary: $40,000 starting, $50,000 mid-career, $65,000 senior level.Evansville adjustment factor: 0.86x based on the local cost of living index.

Theater & Drama ROI Calculator for Evansville

Estimate your return on investment for a Theater & Drama 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

$4,300

vs HS diploma in Evansville

ROI Payback Period

18.5 years

to break even

Lifetime Return in Evansville

$-10,692

Lifetime earnings premium ($68,800) minus total education cost ($79,492)

Student Loan Payoff for Theater & Drama in Evansville

Standard Plan (10 years)

Loan Amount$79,492
Monthly Payment$903
Total Interest$28,822
% of Monthly Income31%

Aggressive Plan (5 years)

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

Colleges in Evansville for Theater & Drama

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 Theater & Drama in Evansville

Evansville offers opportunities in Publishing, Non-profits, Education for Theater & Drama graduates. National top employers in this field include:

BroadwayFilm StudiosTV NetworksRegional TheatersSchools

Key Evansville Hiring Sectors for Humanities

Publishing

Non-profits

Education

Media companies

Government

Common Theater & Drama Job Titles

ActorDirectorStage ManagerTheater Teacher

Theater & Drama 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 Theater & Drama ROI in other cities, or explore other majors in Evansville.

Frequently Asked Questions

Related Calculators