DegreeCalc

Biomedical Engineering Degree in Phoenix, AZ — Salary & ROI 2026

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

Starting Salary

$109K

COL-adjusted

Mid-Career

$160K

COL-adjusted

ROI Payback

1.9 yrs

in Phoenix

Cost of Living

152

index (100 = avg)

Biomedical Engineering in Phoenix, AZ Overview

Phoenix is one of Arizona's top college towns, with 72 institutions and a student population of 118,169. Public tuition averages $12,467/year here — near the national average for public universities. Biomedical Engineering has seen growing enrollment nationally, reflecting rising employer demand for Medical Device Design and Biomechanics skills. The adjusted starting salary in Phoenix is approximately $109,440.

Category

Engineering

Local Colleges

72

Public Tuition

$12,467/yr

Private Tuition

$22,100/yr

Room & Board

$14,782/yr

Avg Fin. Aid

$8,630/yr

Unemployment

4.4%

Graduation Rate

53%

Biomedical Engineering Salary in Phoenix (COL-Adjusted)

Salaries adjusted for Phoenix's cost of living index of 152 (national average = 100).

Entry Level (0-2 yrs)
$109,440(+$37,440 vs national)
Mid Career (5-9 yrs)
$159,600(+$54,600 vs national)
Senior Level (15+ yrs)
$205,200(+$70,200 vs national)

Note: National average Biomedical Engineering salary: $72,000 starting, $105,000 mid-career, $135,000 senior level.Phoenix adjustment factor: 1.52x based on the local cost of living index.

Biomedical Engineering ROI Calculator for Phoenix

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

Public avg: $12,467 | Private avg: $22,100

Phoenix avg aid: $8,630/yr

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

Total Education Cost

$108,996

tuition + room & board - aid

Annual Earnings Premium

$56,240

vs HS diploma in Phoenix

ROI Payback Period

1.9 years

to break even

Lifetime Return in Phoenix

$1,183,004

Lifetime earnings premium ($1,292,000) minus total education cost ($108,996)

Student Loan Payoff for Biomedical Engineering in Phoenix

Standard Plan (10 years)

Loan Amount$108,996
Monthly Payment$1,238
Total Interest$39,519
% of Monthly Income14%

Aggressive Plan (5 years)

Loan Amount$108,996
Monthly Payment$2,133
Total Interest$18,962
Interest Savings$20,557

Colleges in Phoenix for Biomedical Engineering

Arizona State University

public

$12,467/yr

$49,868 total

Grand Canyon University

private

$17,800/yr

$71,200 total

University of Advancing Technology

private

$26,400/yr

$105,600 total

Community Colleges (2-Year Transfer)

Maricopa Community Colleges

$2,580/yr

Top Employers for Biomedical Engineering in Phoenix

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

MedtronicBoston ScientificStrykerAbbottJohnson & Johnson

Key Phoenix 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 Phoenix, AZ: 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 Arizona.
  2. Career salary projections based on BLS Occupational Employment and Wage Statistics, with cost-of-living adjustments for Phoenix 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 Phoenix Students

Beyond federal aid (FAFSA), Arizona 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 (Arizona)

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 Phoenix — 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 Phoenix.

Frequently Asked Questions

Related Calculators