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Electrical Engineering Degree in Fort Wayne, IN — Salary & ROI 2026

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

Starting Salary

$82K

COL-adjusted

Mid-Career

$118K

COL-adjusted

ROI Payback

1.8 yrs

in Fort Wayne

Cost of Living

103

index (100 = avg)

Electrical Engineering in Fort Wayne, IN Overview

Fort Wayne is one of Indiana's top college towns, with 24 institutions and a student population of 17,119. Public tuition averages $8,380/year here — well below the national average, making it a cost-effective choice. Electrical Engineering enrollment is stable nationwide, with steady demand for graduates skilled in Circuit Design and Signal Processing. The adjusted starting salary in Fort Wayne is approximately $82,400.

Category

Engineering

Local Colleges

24

Public Tuition

$8,380/yr

Private Tuition

$30,416/yr

Room & Board

$12,588/yr

Avg Fin. Aid

$16,185/yr

Unemployment

5.7%

Graduation Rate

68%

Electrical Engineering Salary in Fort Wayne (COL-Adjusted)

Salaries adjusted for Fort Wayne's cost of living index of 103 (national average = 100).

Entry Level (0-2 yrs)
$82,400(+$2,400 vs national)
Mid Career (5-9 yrs)
$118,450(+$3,450 vs national)
Senior Level (15+ yrs)
$146,260(+$4,260 vs national)

Note: National average Electrical Engineering salary: $80,000 starting, $115,000 mid-career, $142,000 senior level.Fort Wayne adjustment factor: 1.03x based on the local cost of living index.

Electrical Engineering ROI Calculator for Fort Wayne

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

Public avg: $8,380 | Private avg: $30,416

Fort Wayne avg aid: $16,185/yr

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

Total Education Cost

$83,872

tuition + room & board - aid

Annual Earnings Premium

$46,350

vs HS diploma in Fort Wayne

ROI Payback Period

1.8 years

to break even

Lifetime Return in Fort Wayne

$946,128

Lifetime earnings premium ($1,030,000) minus total education cost ($83,872)

Student Loan Payoff for Electrical Engineering in Fort Wayne

Standard Plan (10 years)

Loan Amount$83,872
Monthly Payment$952
Total Interest$30,410
% of Monthly Income14%

Aggressive Plan (5 years)

Loan Amount$83,872
Monthly Payment$1,641
Total Interest$14,591
Interest Savings$15,819

Colleges in Fort Wayne for Electrical Engineering

Purdue University Fort Wayne

public

$8,380/yr

$33,520 total

Community Colleges (2-Year Transfer)

Ivy Tech Community College Fort Wayne

$4,540/yr

Top Employers for Electrical Engineering in Fort Wayne

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

IntelTexas InstrumentsQualcommAppleTesla

Key Fort Wayne 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 Fort Wayne — 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 Fort Wayne.

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