Electrical Engineering Degree in Lakewood, CO — Salary & ROI 2026
Electrical Engineering degree analysis for Lakewood, CO. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$85K
COL-adjusted
Mid-Career
$122K
COL-adjusted
ROI Payback
2.3 yrs
in Lakewood
Cost of Living
105.8
index (100 = avg)
Electrical Engineering in Lakewood, CO Overview
Lakewood, Colorado (pop. 155,984) has 6 colleges offering Electrical Engineering programs. The local cost of living index of 105.8 is near the national average, with average rent near campus at $1,395/month. Electrical Engineering enrollment is stable nationwide, with steady demand for graduates skilled in Circuit Design and Signal Processing. The adjusted starting salary in Lakewood is approximately $84,640.
Category
Engineering
Local Colleges
6
Public Tuition
$12,200/yr
Private Tuition
$38,000/yr
Room & Board
$15,028/yr
Avg Fin. Aid
$8,371/yr
Unemployment
2.9%
Graduation Rate
73%
Electrical Engineering Salary in Lakewood (COL-Adjusted)
Salaries adjusted for Lakewood's cost of living index of 105.8 (national average = 100).
Note: National average Electrical Engineering salary: $80,000 starting, $115,000 mid-career, $142,000 senior level.Lakewood adjustment factor: 1.06x based on the local cost of living index.
Electrical Engineering ROI Calculator for Lakewood
Estimate your return on investment for a Electrical Engineering degree using local Lakewood tuition and cost of living data.
Public avg: $12,200 | Private avg: $38,000
Lakewood avg aid: $8,371/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$108,912
tuition + room & board - aid
Annual Earnings Premium
$47,610
vs HS diploma in Lakewood
ROI Payback Period
2.3 years
to break even
Lifetime Return in Lakewood
$949,088
Lifetime earnings premium ($1,058,000) minus total education cost ($108,912)
Student Loan Payoff for Electrical Engineering in Lakewood
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Lakewood for Electrical Engineering
Lakewood State University
public
$11,245/yr
$44,980 total
University of Lakewood
public
$12,683/yr
$50,732 total
Community Colleges (2-Year Transfer)
Lakewood Community College
$5,959/yr
Top Employers for Electrical Engineering in Lakewood
Lakewood offers opportunities in Engineering firms, Manufacturing, Defense contractors for Electrical Engineering graduates. National top employers in this field include:
Key Lakewood Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Electrical Engineering Job Titles
Electrical Engineering in Nearby Colorado Cities
Denver, CO
$102K starting · COL 128
31 colleges
Colorado Springs, CO
$98K starting · COL 122
22 colleges
Aurora, CO
$89K starting · COL 111
28 colleges
Fort Collins, CO
$101K starting · COL 126
5 colleges
Thornton, CO
$82K starting · COL 102.5
6 colleges
Arvada, CO
$84K starting · COL 105.5
5 colleges
Westminster, CO
$83K starting · COL 103.8
5 colleges
Pueblo, CO
$98K starting · COL 122
13 colleges
Other Engineering Majors in Lakewood
Petroleum Engineering
$53K starting · 2.5 yr ROI
Computer Engineering
$53K starting · 3 yr ROI
Chemical Engineering
$87K starting · 3.2 yr ROI
Nuclear Engineering
$53K starting · 3.3 yr ROI
Aerospace Engineering
$85K starting · 3.5 yr ROI
Mechanical Engineering
$83K starting · 3.5 yr ROI
Mining Engineering
$53K starting · 3 yr ROI
Materials Science & Engineering
$53K starting · 3.8 yr ROI
Electrical Engineering Degree in Lakewood — 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 Lakewood.