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

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

Starting Salary

$90K

COL-adjusted

Mid-Career

$130K

COL-adjusted

ROI Payback

2.5 yrs

in Tempe

Cost of Living

113

index (100 = avg)

Aerospace Engineering in Tempe, AZ Overview

While Tempe has a smaller college scene with 5 institutions, Aerospace Engineering students benefit from the close-knit academic community. Room and board averages $19,552/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 Tempe is approximately $90,400.

Category

Engineering

Local Colleges

5

Public Tuition

$12,467/yr

Private Tuition

$40,205/yr

Room & Board

$19,552/yr

Avg Fin. Aid

$15,200/yr

Unemployment

6.9%

Graduation Rate

73%

Aerospace Engineering Salary in Tempe (COL-Adjusted)

Salaries adjusted for Tempe's cost of living index of 113 (national average = 100).

Entry Level (0-2 yrs)
$90,400(+$10,400 vs national)
Mid Career (5-9 yrs)
$129,950(+$14,950 vs national)
Senior Level (15+ yrs)
$163,850(+$18,850 vs national)

Note: National average Aerospace Engineering salary: $80,000 starting, $115,000 mid-career, $145,000 senior level.Tempe adjustment factor: 1.13x based on the local cost of living index.

Aerospace Engineering ROI Calculator for Tempe

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

Public avg: $12,467 | Private avg: $40,205

Tempe avg aid: $15,200/yr

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

Total Education Cost

$128,076

tuition + room & board - aid

Annual Earnings Premium

$50,850

vs HS diploma in Tempe

ROI Payback Period

2.5 years

to break even

Lifetime Return in Tempe

$979,324

Lifetime earnings premium ($1,107,400) minus total education cost ($128,076)

Student Loan Payoff for Aerospace Engineering in Tempe

Standard Plan (10 years)

Loan Amount$128,076
Monthly Payment$1,454
Total Interest$46,437
% of Monthly Income19%

Aggressive Plan (5 years)

Loan Amount$128,076
Monthly Payment$2,506
Total Interest$22,281
Interest Savings$24,156

Colleges in Tempe for Aerospace Engineering

Arizona State University

public

$12,467/yr

$49,868 total

Community Colleges (2-Year Transfer)

Rio Salado College

$2,580/yr

Top Employers for Aerospace Engineering in Tempe

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

BoeingLockheed MartinSpaceXNorthrop GrummanNASA

Key Tempe 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 Tempe — 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 Tempe.

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