DegreeCalc

Aerospace Engineering Degree in Fishers, IN — Salary & ROI 2026

Aerospace Engineering degree analysis for Fishers, IN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$80K

COL-adjusted

Mid-Career

$116K

COL-adjusted

ROI Payback

2.1 yrs

in Fishers

Cost of Living

100.5

index (100 = avg)

Aerospace Engineering in Fishers, IN Overview

While Fishers has a smaller college scene with 4 institutions, Aerospace Engineering students benefit from lower tuition costs. Room and board averages $13,412/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 Fishers is approximately $80,400.

Category

Engineering

Local Colleges

4

Public Tuition

$10,200/yr

Private Tuition

$34,000/yr

Room & Board

$13,412/yr

Avg Fin. Aid

$15,245/yr

Unemployment

3.9%

Graduation Rate

64%

Aerospace Engineering Salary in Fishers (COL-Adjusted)

Salaries adjusted for Fishers's cost of living index of 100.5 (national average = 100).

Entry Level (0-2 yrs)
$80,400(+$400 vs national)
Mid Career (5-9 yrs)
$115,575(+$575 vs national)
Senior Level (15+ yrs)
$145,725(+$725 vs national)

Note: National average Aerospace Engineering salary: $80,000 starting, $115,000 mid-career, $145,000 senior level.Fishers adjustment factor: 1.00x based on the local cost of living index.

Aerospace Engineering ROI Calculator for Fishers

Estimate your return on investment for a Aerospace Engineering degree using local Fishers tuition and cost of living data.

Public avg: $10,200 | Private avg: $34,000

Fishers avg aid: $15,245/yr

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

Total Education Cost

$94,448

tuition + room & board - aid

Annual Earnings Premium

$45,225

vs HS diploma in Fishers

ROI Payback Period

2.1 years

to break even

Lifetime Return in Fishers

$890,452

Lifetime earnings premium ($984,900) minus total education cost ($94,448)

Student Loan Payoff for Aerospace Engineering in Fishers

Standard Plan (10 years)

Loan Amount$94,448
Monthly Payment$1,072
Total Interest$34,245
% of Monthly Income16%

Aggressive Plan (5 years)

Loan Amount$94,448
Monthly Payment$1,848
Total Interest$16,431
Interest Savings$17,814

Colleges in Fishers for Aerospace Engineering

Fishers State University

public

$9,242/yr

$36,968 total

Community Colleges (2-Year Transfer)

Fishers Community College

$5,903/yr

Top Employers for Aerospace Engineering in Fishers

Fishers offers opportunities in Engineering firms, Manufacturing, Defense contractors for Aerospace Engineering graduates. National top employers in this field include:

BoeingLockheed MartinSpaceXNorthrop GrummanNASA

Key Fishers Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Aerospace Engineering Job Titles

Aerospace EngineerFlight Test EngineerSystems Engineer

Aerospace Engineering Degree in Fishers — 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 Fishers.

Frequently Asked Questions

Related Calculators