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Aerospace Engineering Degree in Salem, OR — Salary & ROI 2026

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

Starting Salary

$96K

COL-adjusted

Mid-Career

$138K

COL-adjusted

ROI Payback

2.1 yrs

in Salem

Cost of Living

120

index (100 = avg)

Aerospace Engineering in Salem, OR Overview

Salem, Oregon (pop. 175,535) has 14 colleges offering Aerospace Engineering programs. The local cost of living index of 120 is higher than average, so budget accordingly, with average rent near campus at $1,384/month. Aerospace Engineering has seen growing enrollment nationally, reflecting rising employer demand for Aerodynamics and Propulsion skills. The adjusted starting salary in Salem is approximately $96,000.

Category

Engineering

Local Colleges

14

Public Tuition

$12,943/yr

Private Tuition

$46,250/yr

Room & Board

$15,380/yr

Avg Fin. Aid

$14,172/yr

Unemployment

5.4%

Graduation Rate

57%

Aerospace Engineering Salary in Salem (COL-Adjusted)

Salaries adjusted for Salem's cost of living index of 120 (national average = 100).

Entry Level (0-2 yrs)
$96,000(+$16,000 vs national)
Mid Career (5-9 yrs)
$138,000(+$23,000 vs national)
Senior Level (15+ yrs)
$174,000(+$29,000 vs national)

Note: National average Aerospace Engineering salary: $80,000 starting, $115,000 mid-career, $145,000 senior level.Salem adjustment factor: 1.20x based on the local cost of living index.

Aerospace Engineering ROI Calculator for Salem

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

Public avg: $12,943 | Private avg: $46,250

Salem avg aid: $14,172/yr

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

Total Education Cost

$113,292

tuition + room & board - aid

Annual Earnings Premium

$54,000

vs HS diploma in Salem

ROI Payback Period

2.1 years

to break even

Lifetime Return in Salem

$1,062,708

Lifetime earnings premium ($1,176,000) minus total education cost ($113,292)

Student Loan Payoff for Aerospace Engineering in Salem

Standard Plan (10 years)

Loan Amount$113,292
Monthly Payment$1,286
Total Interest$41,077
% of Monthly Income16%

Aggressive Plan (5 years)

Loan Amount$113,292
Monthly Payment$2,217
Total Interest$19,709
Interest Savings$21,368

Colleges in Salem for Aerospace Engineering

Willamette University

private

$46,250/yr

$185,000 total

Community Colleges (2-Year Transfer)

Chemeketa Community College

$4,536/yr

Top Employers for Aerospace Engineering in Salem

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

BoeingLockheed MartinSpaceXNorthrop GrummanNASA

Key Salem 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 Salem — 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 Salem.

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