Biomedical Engineering Degree in Knoxville, TN — Salary & ROI 2026
Biomedical Engineering degree analysis for Knoxville, TN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$61K
COL-adjusted
Mid-Career
$89K
COL-adjusted
ROI Payback
2.4 yrs
in Knoxville
Cost of Living
85
index (100 = avg)
Biomedical Engineering in Knoxville, TN Overview
While Knoxville has a smaller college scene with 5 institutions, Biomedical Engineering students benefit from lower tuition costs. Room and board averages $10,300/year, and the car-friendly layout shapes the student experience. Biomedical Engineering has seen growing enrollment nationally, reflecting rising employer demand for Medical Device Design and Biomechanics skills. The adjusted starting salary in Knoxville is approximately $61,200.
Category
Engineering
Local Colleges
5
Public Tuition
$8,792/yr
Private Tuition
$47,660/yr
Room & Board
$10,300/yr
Avg Fin. Aid
$10,344/yr
Unemployment
6.6%
Graduation Rate
47%
Biomedical Engineering Salary in Knoxville (COL-Adjusted)
Salaries adjusted for Knoxville's cost of living index of 85 (national average = 100).
Note: National average Biomedical Engineering salary: $72,000 starting, $105,000 mid-career, $135,000 senior level.Knoxville adjustment factor: 0.85x based on the local cost of living index.
Biomedical Engineering ROI Calculator for Knoxville
Estimate your return on investment for a Biomedical Engineering degree using local Knoxville tuition and cost of living data.
Public avg: $8,792 | Private avg: $47,660
Knoxville avg aid: $10,344/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$76,368
tuition + room & board - aid
Annual Earnings Premium
$31,450
vs HS diploma in Knoxville
ROI Payback Period
2.4 years
to break even
Lifetime Return in Knoxville
$646,132
Lifetime earnings premium ($722,500) minus total education cost ($76,368)
Student Loan Payoff for Biomedical Engineering in Knoxville
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Knoxville for Biomedical Engineering
University of Tennessee
public
$13,264/yr
$53,056 total
Pellissippi State Community College
public
$4,320/yr
$17,280 total
Community Colleges (2-Year Transfer)
Pellissippi State Community College
$4,320/yr
Top Employers for Biomedical Engineering in Knoxville
Knoxville offers opportunities in Engineering firms, Manufacturing, Defense contractors for Biomedical Engineering graduates. National top employers in this field include:
Key Knoxville Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Biomedical Engineering Job Titles
Biomedical Engineering in Nearby Tennessee Cities
Nashville, TN
$66K starting · COL 92
35 colleges
Memphis, TN
$67K starting · COL 93
22 colleges
Chattanooga, TN
$58K starting · COL 80
5 colleges
Clarksville, TN
$65K starting · COL 90
9 colleges
Murfreesboro, TN
$66K starting · COL 91
10 colleges
Franklin, TN
$85K starting · COL 118.5
4 colleges
Jackson, TN
$59K starting · COL 82.5
3 colleges
Johnson City, TN
$76K starting · COL 105
6 colleges
Other Engineering Majors in Knoxville
Petroleum Engineering
$43K starting · 2.5 yr ROI
Computer Engineering
$43K starting · 3 yr ROI
Chemical Engineering
$70K starting · 3.2 yr ROI
Nuclear Engineering
$43K starting · 3.3 yr ROI
Electrical Engineering
$68K starting · 3.3 yr ROI
Aerospace Engineering
$68K starting · 3.5 yr ROI
Mechanical Engineering
$66K starting · 3.5 yr ROI
Mining Engineering
$43K starting · 3 yr ROI
Methodology & Education Data Sources
How we calculate Biomedical Engineering degree outcomes in Knoxville, TN: 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.
- 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 Tennessee.
- Career salary projections based on BLS Occupational Employment and Wage Statistics, with cost-of-living adjustments for Knoxville using regional CPI data.
- 10-year ROI calculates: (Total Career Earnings With Degree) − (Total Career Earnings Without Degree) − (Total Education Cost Including Interest on Loans).
- Job market outlook for Biomedical Engineering graduates uses BLS Occupational Outlook Handbook 10-year projections (2024-2034 base period).
- Default rates and loan data sourced from College Scorecard (US Department of Education), which tracks repayment outcomes by institution.
Authoritative US education data sources:
- IPEDS — Integrated Postsecondary Education Data — official federal college data
- College Scorecard (US Dept of Education) — earnings, debt, completion rates
- BLS Occupational Outlook Handbook — Biomedical Engineering career projections
- Federal Student Aid (FAFSA) — official US student loan and grant info
- NCES Digest of Education Statistics — comprehensive education data
- BLS Occupational Employment and Wages — entry-level salary data for Biomedical Engineering grads
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 Knoxville Students
Beyond federal aid (FAFSA), Tennessee 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:
Pell Grant up to $7,395/yr (2026-27). Subsidized loans at 6.53% (academic year 25-26):
State-specific grants stack with federal aid:
- • USA.gov — Tennessee programs
- • NASFAA — State Aid Programs
- • Search "tennessee higher education commission grants"
Verify earnings + debt before enrolling:
- • College Scorecard — earnings, debt, completion
- • NCES College Navigator
- • IPEDS Net Price Calculator Center
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 Knoxville — 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 Biomedical Engineering ROI in other cities, or explore other majors in Knoxville.