Aerospace Engineering Degree in Parma, OH — Salary & ROI 2026
Aerospace Engineering degree analysis for Parma, OH. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$72K
COL-adjusted
Mid-Career
$104K
COL-adjusted
ROI Payback
2.5 yrs
in Parma
Cost of Living
90
index (100 = avg)
Aerospace Engineering in Parma, OH Overview
While Parma has a smaller college scene with 4 institutions, Aerospace Engineering students benefit from lower tuition costs. Room and board averages $13,857/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 Parma is approximately $72,000.
Category
Engineering
Local Colleges
4
Public Tuition
$11,000/yr
Private Tuition
$34,000/yr
Room & Board
$13,857/yr
Avg Fin. Aid
$15,347/yr
Unemployment
4.1%
Graduation Rate
62%
Aerospace Engineering Salary in Parma (COL-Adjusted)
Salaries adjusted for Parma's cost of living index of 90 (national average = 100).
Note: National average Aerospace Engineering salary: $80,000 starting, $115,000 mid-career, $145,000 senior level.Parma adjustment factor: 0.90x based on the local cost of living index.
Aerospace Engineering ROI Calculator for Parma
Estimate your return on investment for a Aerospace Engineering degree using local Parma tuition and cost of living data.
Public avg: $11,000 | Private avg: $34,000
Parma avg aid: $15,347/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$99,428
tuition + room & board - aid
Annual Earnings Premium
$40,500
vs HS diploma in Parma
ROI Payback Period
2.5 years
to break even
Lifetime Return in Parma
$782,572
Lifetime earnings premium ($882,000) minus total education cost ($99,428)
Student Loan Payoff for Aerospace Engineering in Parma
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Parma for Aerospace Engineering
Parma State University
public
$10,847/yr
$43,388 total
Community Colleges (2-Year Transfer)
Parma Community College
$5,562/yr
Top Employers for Aerospace Engineering in Parma
Parma offers opportunities in Engineering firms, Manufacturing, Defense contractors for Aerospace Engineering graduates. National top employers in this field include:
Key Parma Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Aerospace Engineering Job Titles
Aerospace Engineering in Nearby Ohio Cities
Columbus, OH
$82K starting · COL 103
31 colleges
Cleveland, OH
$77K starting · COL 96
20 colleges
Cincinnati, OH
$82K starting · COL 102
28 colleges
Toledo, OH
$86K starting · COL 108
16 colleges
Akron, OH
$84K starting · COL 105
5 colleges
Dayton, OH
$83K starting · COL 104
9 colleges
Canton, OH
$67K starting · COL 84
4 colleges
Lorain, OH
$68K starting · COL 85.2
3 colleges
Other Engineering Majors in Parma
Petroleum Engineering
$45K starting · 2.5 yr ROI
Computer Engineering
$45K starting · 3 yr ROI
Chemical Engineering
$74K starting · 3.2 yr ROI
Nuclear Engineering
$45K starting · 3.3 yr ROI
Electrical Engineering
$72K starting · 3.3 yr ROI
Mechanical Engineering
$70K starting · 3.5 yr ROI
Mining Engineering
$45K starting · 3 yr ROI
Materials Science & Engineering
$45K starting · 3.8 yr ROI
Aerospace Engineering Degree in Parma — 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 Parma.