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Electrical Engineering Degree in Bloomington, MN — Salary & ROI 2026

Electrical Engineering degree analysis for Bloomington, MN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$80K

COL-adjusted

Mid-Career

$115K

COL-adjusted

ROI Payback

2.5 yrs

in Bloomington

Cost of Living

100.2

index (100 = avg)

Electrical Engineering in Bloomington, MN Overview

While Bloomington has a smaller college scene with 4 institutions, Electrical Engineering students benefit from the close-knit academic community. Room and board averages $14,533/year, and the car-friendly layout shapes the student experience. Electrical Engineering enrollment is stable nationwide, with steady demand for graduates skilled in Circuit Design and Signal Processing. The adjusted starting salary in Bloomington is approximately $80,160.

Category

Engineering

Local Colleges

4

Public Tuition

$14,200/yr

Private Tuition

$38,000/yr

Room & Board

$14,533/yr

Avg Fin. Aid

$11,264/yr

Unemployment

2.3%

Graduation Rate

75%

Electrical Engineering Salary in Bloomington (COL-Adjusted)

Salaries adjusted for Bloomington's cost of living index of 100.2 (national average = 100).

Entry Level (0-2 yrs)
$80,160(+$160 vs national)
Mid Career (5-9 yrs)
$115,230(+$230 vs national)
Senior Level (15+ yrs)
$142,284(+$284 vs national)

Note: National average Electrical Engineering salary: $80,000 starting, $115,000 mid-career, $142,000 senior level.Bloomington adjustment factor: 1.00x based on the local cost of living index.

Electrical Engineering ROI Calculator for Bloomington

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

Public avg: $14,200 | Private avg: $38,000

Bloomington avg aid: $11,264/yr

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

Total Education Cost

$114,932

tuition + room & board - aid

Annual Earnings Premium

$45,090

vs HS diploma in Bloomington

ROI Payback Period

2.5 years

to break even

Lifetime Return in Bloomington

$887,068

Lifetime earnings premium ($1,002,000) minus total education cost ($114,932)

Student Loan Payoff for Electrical Engineering in Bloomington

Standard Plan (10 years)

Loan Amount$114,932
Monthly Payment$1,305
Total Interest$41,672
% of Monthly Income20%

Aggressive Plan (5 years)

Loan Amount$114,932
Monthly Payment$2,249
Total Interest$19,995
Interest Savings$21,677

Colleges in Bloomington for Electrical Engineering

Bloomington State University

public

$15,525/yr

$62,100 total

Community Colleges (2-Year Transfer)

Bloomington Community College

$5,519/yr

Top Employers for Electrical Engineering in Bloomington

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

IntelTexas InstrumentsQualcommAppleTesla

Key Bloomington Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Electrical Engineering Job Titles

Electrical EngineerHardware EngineerControls Engineer

Electrical Engineering Degree in Bloomington — 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 Electrical Engineering ROI in other cities, or explore other majors in Bloomington.

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