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Aerospace Engineering Degree in Toledo, OH — Salary & ROI 2026

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

Starting Salary

$86K

COL-adjusted

Mid-Career

$124K

COL-adjusted

ROI Payback

1.6 yrs

in Toledo

Cost of Living

108

index (100 = avg)

Aerospace Engineering in Toledo, OH Overview

Toledo, Ohio (pop. 270,871) has 16 colleges offering Aerospace Engineering programs. The local cost of living index of 108 is near the national average, with average rent near campus at $1,025/month. Aerospace Engineering has seen growing enrollment nationally, reflecting rising employer demand for Aerodynamics and Propulsion skills. The adjusted starting salary in Toledo is approximately $86,400.

Category

Engineering

Local Colleges

16

Public Tuition

$10,630/yr

Private Tuition

$40,789/yr

Room & Board

$9,344/yr

Avg Fin. Aid

$8,457/yr

Unemployment

4.8%

Graduation Rate

66%

Aerospace Engineering Salary in Toledo (COL-Adjusted)

Salaries adjusted for Toledo's cost of living index of 108 (national average = 100).

Entry Level (0-2 yrs)
$86,400(+$6,400 vs national)
Mid Career (5-9 yrs)
$124,200(+$9,200 vs national)
Senior Level (15+ yrs)
$156,600(+$11,600 vs national)

Note: National average Aerospace Engineering salary: $80,000 starting, $115,000 mid-career, $145,000 senior level.Toledo adjustment factor: 1.08x based on the local cost of living index.

Aerospace Engineering ROI Calculator for Toledo

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

Public avg: $10,630 | Private avg: $40,789

Toledo avg aid: $8,457/yr

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

Total Education Cost

$79,896

tuition + room & board - aid

Annual Earnings Premium

$48,600

vs HS diploma in Toledo

ROI Payback Period

1.6 years

to break even

Lifetime Return in Toledo

$978,504

Lifetime earnings premium ($1,058,400) minus total education cost ($79,896)

Student Loan Payoff for Aerospace Engineering in Toledo

Standard Plan (10 years)

Loan Amount$79,896
Monthly Payment$907
Total Interest$28,968
% of Monthly Income13%

Aggressive Plan (5 years)

Loan Amount$79,896
Monthly Payment$1,563
Total Interest$13,899
Interest Savings$15,069

Colleges in Toledo for Aerospace Engineering

University of Toledo

public

$10,630/yr

$42,520 total

Community Colleges (2-Year Transfer)

Owens Community College

$4,344/yr

Top Employers for Aerospace Engineering in Toledo

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

BoeingLockheed MartinSpaceXNorthrop GrummanNASA

Key Toledo 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 Toledo — 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 Toledo.

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