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Electrical Engineering Degree in Dearborn, MI — Salary & ROI 2026

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

Starting Salary

$72K

COL-adjusted

Mid-Career

$104K

COL-adjusted

ROI Payback

2.7 yrs

in Dearborn

Cost of Living

90.5

index (100 = avg)

Electrical Engineering in Dearborn, MI Overview

While Dearborn has a smaller college scene with 5 institutions, Electrical Engineering students benefit from the close-knit academic community. Room and board averages $12,567/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 Dearborn is approximately $72,400.

Category

Engineering

Local Colleges

5

Public Tuition

$15,400/yr

Private Tuition

$32,000/yr

Room & Board

$12,567/yr

Avg Fin. Aid

$8,314/yr

Unemployment

4.9%

Graduation Rate

57%

Electrical Engineering Salary in Dearborn (COL-Adjusted)

Salaries adjusted for Dearborn's cost of living index of 90.5 (national average = 100).

Entry Level (0-2 yrs)
$72,400($-7,600 vs national)
Mid Career (5-9 yrs)
$104,075($-10,925 vs national)
Senior Level (15+ yrs)
$128,510($-13,490 vs national)

Note: National average Electrical Engineering salary: $80,000 starting, $115,000 mid-career, $142,000 senior level.Dearborn adjustment factor: 0.91x based on the local cost of living index.

Electrical Engineering ROI Calculator for Dearborn

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

Public avg: $15,400 | Private avg: $32,000

Dearborn avg aid: $8,314/yr

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

Total Education Cost

$111,868

tuition + room & board - aid

Annual Earnings Premium

$40,725

vs HS diploma in Dearborn

ROI Payback Period

2.7 years

to break even

Lifetime Return in Dearborn

$793,132

Lifetime earnings premium ($905,000) minus total education cost ($111,868)

Student Loan Payoff for Electrical Engineering in Dearborn

Standard Plan (10 years)

Loan Amount$111,868
Monthly Payment$1,270
Total Interest$40,561
% of Monthly Income21%

Aggressive Plan (5 years)

Loan Amount$111,868
Monthly Payment$2,189
Total Interest$19,462
Interest Savings$21,099

Colleges in Dearborn for Electrical Engineering

Dearborn State University

public

$14,575/yr

$58,300 total

University of Dearborn

public

$15,869/yr

$63,476 total

Community Colleges (2-Year Transfer)

Dearborn Community College

$5,650/yr

Top Employers for Electrical Engineering in Dearborn

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

IntelTexas InstrumentsQualcommAppleTesla

Key Dearborn 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 Dearborn — 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 Dearborn.

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