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Biomedical Engineering Degree in Cary, NC — Salary & ROI 2026

Biomedical Engineering degree analysis for Cary, NC. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$78K

COL-adjusted

Mid-Career

$114K

COL-adjusted

ROI Payback

2.4 yrs

in Cary

Cost of Living

108.5

index (100 = avg)

Biomedical Engineering in Cary, NC Overview

Cary, North Carolina (pop. 174,721) has 7 colleges offering Biomedical Engineering programs. The local cost of living index of 108.5 is near the national average, with average rent near campus at $1,335/month. Biomedical Engineering has seen growing enrollment nationally, reflecting rising employer demand for Medical Device Design and Biomechanics skills. The adjusted starting salary in Cary is approximately $78,120.

Category

Engineering

Local Colleges

7

Public Tuition

$9,200/yr

Private Tuition

$34,000/yr

Room & Board

$15,364/yr

Avg Fin. Aid

$8,896/yr

Unemployment

4.1%

Graduation Rate

53%

Biomedical Engineering Salary in Cary (COL-Adjusted)

Salaries adjusted for Cary's cost of living index of 108.5 (national average = 100).

Entry Level (0-2 yrs)
$78,120(+$6,120 vs national)
Mid Career (5-9 yrs)
$113,925(+$8,925 vs national)
Senior Level (15+ yrs)
$146,475(+$11,475 vs national)

Note: National average Biomedical Engineering salary: $72,000 starting, $105,000 mid-career, $135,000 senior level.Cary adjustment factor: 1.08x based on the local cost of living index.

Biomedical Engineering ROI Calculator for Cary

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

Public avg: $9,200 | Private avg: $34,000

Cary avg aid: $8,896/yr

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

Total Education Cost

$98,256

tuition + room & board - aid

Annual Earnings Premium

$40,145

vs HS diploma in Cary

ROI Payback Period

2.4 years

to break even

Lifetime Return in Cary

$823,994

Lifetime earnings premium ($922,250) minus total education cost ($98,256)

Student Loan Payoff for Biomedical Engineering in Cary

Standard Plan (10 years)

Loan Amount$98,256
Monthly Payment$1,116
Total Interest$35,625
% of Monthly Income17%

Aggressive Plan (5 years)

Loan Amount$98,256
Monthly Payment$1,922
Total Interest$17,093
Interest Savings$18,532

Colleges in Cary for Biomedical Engineering

Cary State University

public

$8,460/yr

$33,840 total

University of Cary

public

$9,070/yr

$36,280 total

Community Colleges (2-Year Transfer)

Cary Community College

$5,719/yr

Top Employers for Biomedical Engineering in Cary

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

MedtronicBoston ScientificStrykerAbbottJohnson & Johnson

Key Cary Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Biomedical Engineering Job Titles

Biomedical EngineerClinical EngineerR&D Engineer

Methodology & Education Data Sources

How we calculate Biomedical Engineering degree outcomes in Cary, NC: Our salary projections, ROI estimates, and tuition data combine multiple federal datasets to provide a localized view of education economics. We use a 10-year career-trajectory model standard in higher education research.

  1. Tuition data sourced from IPEDS (Integrated Postsecondary Education Data System), the federal education statistics database operated by NCES. Average tuition for Biomedical Engineering programs reflects 4-year public/private weighted averages for North Carolina.
  2. Career salary projections based on BLS Occupational Employment and Wage Statistics, with cost-of-living adjustments for Cary using regional CPI data.
  3. 10-year ROI calculates: (Total Career Earnings With Degree) − (Total Career Earnings Without Degree) − (Total Education Cost Including Interest on Loans).
  4. Job market outlook for Biomedical Engineering graduates uses BLS Occupational Outlook Handbook 10-year projections (2024-2034 base period).
  5. Default rates and loan data sourced from College Scorecard (US Department of Education), which tracks repayment outcomes by institution.

Authoritative US education data sources:

Education Disclaimer: Salary and ROI estimates are projections based on national and state-level averages. Individual outcomes depend on institution prestige, GPA, internships, location, network, and economic conditions. Always verify current tuition with the institution directly, and consult a financial aid counselor before taking on student loans. Use the Federal Loan Simulator to model repayment scenarios.

Reviewed by Brazora Monk · Last updated 2026 · IPEDS & BLS data current as of latest annual release

Financial Aid Resources for Cary Students

Beyond federal aid (FAFSA), North Carolina students have access to state-specific grants, scholarships, and tuition assistance programs. The 2026-27 FAFSA also added a new Low Earnings Indicator (Dec 2025) flagging programs where graduates earn less than non-college peers — check your target school's status:

📋 Federal Aid (FAFSA)

Pell Grant up to $7,395/yr (2026-27). Subsidized loans at 6.53% (academic year 25-26):

🏛️ State Grants (North Carolina)

State-specific grants stack with federal aid:

🎓 College Outcomes Data

Verify earnings + debt before enrolling:

💰 Scholarship Search

Free, official, scam-free scholarship databases:

2026-27 FAFSA tip: The new Low Earnings Indicator flags programs where graduates earn less than non-graduates. Check this before enrolling. Speak with a NASFAA-credentialed financial aid counselor at your target school.

Biomedical Engineering Degree in Cary — 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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