Aerospace Engineering Degree in Bloomington, IN — Salary & ROI 2026
Aerospace Engineering degree analysis for Bloomington, IN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$66K
COL-adjusted
Mid-Career
$95K
COL-adjusted
ROI Payback
2.5 yrs
in Bloomington
Cost of Living
83
index (100 = avg)
Aerospace Engineering in Bloomington, IN Overview
While Bloomington has a smaller college scene with 5 institutions, Aerospace Engineering students benefit from lower tuition costs. Room and board averages $12,831/year, and the car-friendly layout shapes the student experience. Aerospace Engineering has seen growing enrollment nationally, reflecting rising employer demand for Aerodynamics and Propulsion skills. The adjusted starting salary in Bloomington is approximately $66,400.
Category
Engineering
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%
Aerospace Engineering Salary in Bloomington (COL-Adjusted)
Salaries adjusted for Bloomington's cost of living index of 83 (national average = 100).
Note: National average Aerospace Engineering salary: $80,000 starting, $115,000 mid-career, $145,000 senior level.Bloomington adjustment factor: 0.83x based on the local cost of living index.
Aerospace Engineering ROI Calculator for Bloomington
Estimate your return on investment for a Aerospace Engineering 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
$37,350
vs HS diploma in Bloomington
ROI Payback Period
2.5 years
to break even
Lifetime Return in Bloomington
$718,284
Lifetime earnings premium ($813,400) minus total education cost ($95,116)
Student Loan Payoff for Aerospace Engineering in Bloomington
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Bloomington for Aerospace Engineering
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 Aerospace Engineering in Bloomington
Bloomington offers opportunities in Engineering firms, Manufacturing, Defense contractors for Aerospace Engineering graduates. National top employers in this field include:
Key Bloomington Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Aerospace Engineering Job Titles
Aerospace Engineering in Nearby Indiana Cities
Indianapolis, IN
$75K starting · COL 94
25 colleges
Fort Wayne, IN
$82K starting · COL 103
24 colleges
Evansville, IN
$69K starting · COL 86
10 colleges
South Bend, IN
$71K starting · COL 89
9 colleges
Carmel, IN
$84K starting · COL 105.2
4 colleges
Fishers, IN
$80K starting · COL 100.5
4 colleges
Hammond, IN
$74K starting · COL 93.1
4 colleges
Lafayette, IN
$68K starting · COL 84.8
3 colleges
Other Engineering Majors in Bloomington
Petroleum Engineering
$42K starting · 2.5 yr ROI
Computer Engineering
$42K starting · 3 yr ROI
Chemical Engineering
$68K starting · 3.2 yr ROI
Nuclear Engineering
$42K starting · 3.3 yr ROI
Electrical Engineering
$66K starting · 3.3 yr ROI
Mechanical Engineering
$65K starting · 3.5 yr ROI
Mining Engineering
$42K starting · 3 yr ROI
Materials Science & Engineering
$42K starting · 3.8 yr ROI
Aerospace Engineering 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 Aerospace Engineering ROI in other cities, or explore other majors in Bloomington.