Electrical Engineering Degree in Franklin, TN — Salary & ROI 2026
Electrical Engineering degree analysis for Franklin, TN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$95K
COL-adjusted
Mid-Career
$136K
COL-adjusted
ROI Payback
1.9 yrs
in Franklin
Cost of Living
118.5
index (100 = avg)
Electrical Engineering in Franklin, TN Overview
While Franklin has a smaller college scene with 4 institutions, Electrical Engineering students benefit from lower tuition costs. Room and board averages $15,807/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 Franklin is approximately $94,800.
Category
Engineering
Local Colleges
4
Public Tuition
$10,100/yr
Private Tuition
$32,000/yr
Room & Board
$15,807/yr
Avg Fin. Aid
$15,962/yr
Unemployment
3.6%
Graduation Rate
56%
Electrical Engineering Salary in Franklin (COL-Adjusted)
Salaries adjusted for Franklin's cost of living index of 118.5 (national average = 100).
Note: National average Electrical Engineering salary: $80,000 starting, $115,000 mid-career, $142,000 senior level.Franklin adjustment factor: 1.19x based on the local cost of living index.
Electrical Engineering ROI Calculator for Franklin
Estimate your return on investment for a Electrical Engineering degree using local Franklin tuition and cost of living data.
Public avg: $10,100 | Private avg: $32,000
Franklin avg aid: $15,962/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$103,628
tuition + room & board - aid
Annual Earnings Premium
$53,325
vs HS diploma in Franklin
ROI Payback Period
1.9 years
to break even
Lifetime Return in Franklin
$1,081,372
Lifetime earnings premium ($1,185,000) minus total education cost ($103,628)
Student Loan Payoff for Electrical Engineering in Franklin
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Franklin for Electrical Engineering
Franklin State University
public
$10,603/yr
$42,412 total
Community Colleges (2-Year Transfer)
Franklin Community College
$5,615/yr
Top Employers for Electrical Engineering in Franklin
Franklin offers opportunities in Engineering firms, Manufacturing, Defense contractors for Electrical Engineering graduates. National top employers in this field include:
Key Franklin Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Electrical Engineering Job Titles
Electrical Engineering in Nearby Tennessee Cities
Nashville, TN
$74K starting · COL 92
35 colleges
Memphis, TN
$74K starting · COL 93
22 colleges
Knoxville, TN
$68K starting · COL 85
5 colleges
Chattanooga, TN
$64K starting · COL 80
5 colleges
Clarksville, TN
$72K starting · COL 90
9 colleges
Murfreesboro, TN
$73K starting · COL 91
10 colleges
Jackson, TN
$66K starting · COL 82.5
3 colleges
Johnson City, TN
$84K starting · COL 105
6 colleges
Other Engineering Majors in Franklin
Petroleum Engineering
$59K starting · 2.5 yr ROI
Computer Engineering
$59K starting · 3 yr ROI
Chemical Engineering
$97K starting · 3.2 yr ROI
Nuclear Engineering
$59K starting · 3.3 yr ROI
Aerospace Engineering
$95K starting · 3.5 yr ROI
Mechanical Engineering
$92K starting · 3.5 yr ROI
Mining Engineering
$59K starting · 3 yr ROI
Materials Science & Engineering
$59K starting · 3.8 yr ROI
Electrical Engineering Degree in Franklin — 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 Franklin.