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Aerospace Engineering Degree in Peoria, AZ — Salary & ROI 2026

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

Starting Salary

$83K

COL-adjusted

Mid-Career

$119K

COL-adjusted

ROI Payback

2.3 yrs

in Peoria

Cost of Living

103.8

index (100 = avg)

Aerospace Engineering in Peoria, AZ Overview

Peoria, Arizona (pop. 190,985) has 7 colleges offering Aerospace Engineering programs. The local cost of living index of 103.8 is near the national average, with average rent near campus at $1,185/month. Aerospace Engineering has seen growing enrollment nationally, reflecting rising employer demand for Aerodynamics and Propulsion skills. The adjusted starting salary in Peoria is approximately $83,040.

Category

Engineering

Local Colleges

7

Public Tuition

$11,400/yr

Private Tuition

$24,000/yr

Room & Board

$14,921/yr

Avg Fin. Aid

$10,765/yr

Unemployment

3.1%

Graduation Rate

49%

Aerospace Engineering Salary in Peoria (COL-Adjusted)

Salaries adjusted for Peoria's cost of living index of 103.8 (national average = 100).

Entry Level (0-2 yrs)
$83,040(+$3,040 vs national)
Mid Career (5-9 yrs)
$119,370(+$4,370 vs national)
Senior Level (15+ yrs)
$150,510(+$5,510 vs national)

Note: National average Aerospace Engineering salary: $80,000 starting, $115,000 mid-career, $145,000 senior level.Peoria adjustment factor: 1.04x based on the local cost of living index.

Aerospace Engineering ROI Calculator for Peoria

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

Public avg: $11,400 | Private avg: $24,000

Peoria avg aid: $10,765/yr

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

Total Education Cost

$105,284

tuition + room & board - aid

Annual Earnings Premium

$46,710

vs HS diploma in Peoria

ROI Payback Period

2.3 years

to break even

Lifetime Return in Peoria

$911,956

Lifetime earnings premium ($1,017,240) minus total education cost ($105,284)

Student Loan Payoff for Aerospace Engineering in Peoria

Standard Plan (10 years)

Loan Amount$105,284
Monthly Payment$1,195
Total Interest$38,173
% of Monthly Income17%

Aggressive Plan (5 years)

Loan Amount$105,284
Monthly Payment$2,060
Total Interest$18,316
Interest Savings$19,857

Colleges in Peoria for Aerospace Engineering

Peoria State University

public

$12,533/yr

$50,132 total

University of Peoria

public

$10,155/yr

$40,620 total

Community Colleges (2-Year Transfer)

Peoria Community College

$5,359/yr

Top Employers for Aerospace Engineering in Peoria

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

BoeingLockheed MartinSpaceXNorthrop GrummanNASA

Key Peoria 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 Peoria — 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.

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Compare Aerospace Engineering ROI in other cities, or explore other majors in Peoria.

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