DegreeCalc

Aerospace Engineering Degree in Knoxville, TN — Salary & ROI 2026

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

Starting Salary

$68K

COL-adjusted

Mid-Career

$98K

COL-adjusted

ROI Payback

2 yrs

in Knoxville

Cost of Living

85

index (100 = avg)

Aerospace Engineering in Knoxville, TN Overview

While Knoxville has a smaller college scene with 5 institutions, Aerospace Engineering students benefit from lower tuition costs. Room and board averages $10,300/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 Knoxville is approximately $68,000.

Category

Engineering

Local Colleges

5

Public Tuition

$8,792/yr

Private Tuition

$47,660/yr

Room & Board

$10,300/yr

Avg Fin. Aid

$10,344/yr

Unemployment

6.6%

Graduation Rate

47%

Aerospace Engineering Salary in Knoxville (COL-Adjusted)

Salaries adjusted for Knoxville's cost of living index of 85 (national average = 100).

Entry Level (0-2 yrs)
$68,000($-12,000 vs national)
Mid Career (5-9 yrs)
$97,750($-17,250 vs national)
Senior Level (15+ yrs)
$123,250($-21,750 vs national)

Note: National average Aerospace Engineering salary: $80,000 starting, $115,000 mid-career, $145,000 senior level.Knoxville adjustment factor: 0.85x based on the local cost of living index.

Aerospace Engineering ROI Calculator for Knoxville

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

Public avg: $8,792 | Private avg: $47,660

Knoxville avg aid: $10,344/yr

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

Total Education Cost

$76,368

tuition + room & board - aid

Annual Earnings Premium

$38,250

vs HS diploma in Knoxville

ROI Payback Period

2 years

to break even

Lifetime Return in Knoxville

$756,632

Lifetime earnings premium ($833,000) minus total education cost ($76,368)

Student Loan Payoff for Aerospace Engineering in Knoxville

Standard Plan (10 years)

Loan Amount$76,368
Monthly Payment$867
Total Interest$27,689
% of Monthly Income15%

Aggressive Plan (5 years)

Loan Amount$76,368
Monthly Payment$1,494
Total Interest$13,286
Interest Savings$14,404

Colleges in Knoxville for Aerospace Engineering

University of Tennessee

public

$13,264/yr

$53,056 total

Pellissippi State Community College

public

$4,320/yr

$17,280 total

Community Colleges (2-Year Transfer)

Pellissippi State Community College

$4,320/yr

Top Employers for Aerospace Engineering in Knoxville

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

BoeingLockheed MartinSpaceXNorthrop GrummanNASA

Key Knoxville 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 Knoxville — 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 Knoxville.

Frequently Asked Questions

Related Calculators