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Electrical Engineering Degree in Louisville, KY — Salary & ROI 2026

Electrical Engineering degree analysis for Louisville, KY. 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

2.4 yrs

in Louisville

Cost of Living

90

index (100 = avg)

Electrical Engineering in Louisville, KY Overview

Louisville, Kentucky (pop. 633,045) has 17 colleges offering Electrical Engineering programs. The local cost of living index of 90 is near the national average, with average rent near campus at $1,349/month. Electrical Engineering enrollment is stable nationwide, with steady demand for graduates skilled in Circuit Design and Signal Processing. The adjusted starting salary in Louisville is approximately $72,000.

Category

Engineering

Local Colleges

17

Public Tuition

$12,324/yr

Private Tuition

$37,190/yr

Room & Board

$12,044/yr

Avg Fin. Aid

$16,150/yr

Unemployment

4.1%

Graduation Rate

58%

Electrical Engineering Salary in Louisville (COL-Adjusted)

Salaries adjusted for Louisville's cost of living index of 90 (national average = 100).

Entry Level (0-2 yrs)
$72,000($-8,000 vs national)
Mid Career (5-9 yrs)
$103,500($-11,500 vs national)
Senior Level (15+ yrs)
$127,800($-14,200 vs national)

Note: National average Electrical Engineering salary: $80,000 starting, $115,000 mid-career, $142,000 senior level.Louisville adjustment factor: 0.90x based on the local cost of living index.

Electrical Engineering ROI Calculator for Louisville

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

Public avg: $12,324 | Private avg: $37,190

Louisville avg aid: $16,150/yr

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

Total Education Cost

$97,472

tuition + room & board - aid

Annual Earnings Premium

$40,500

vs HS diploma in Louisville

ROI Payback Period

2.4 years

to break even

Lifetime Return in Louisville

$802,528

Lifetime earnings premium ($900,000) minus total education cost ($97,472)

Student Loan Payoff for Electrical Engineering in Louisville

Standard Plan (10 years)

Loan Amount$97,472
Monthly Payment$1,107
Total Interest$35,341
% of Monthly Income18%

Aggressive Plan (5 years)

Loan Amount$97,472
Monthly Payment$1,907
Total Interest$16,957
Interest Savings$18,384

Colleges in Louisville for Electrical Engineering

University of Louisville

public

$12,324/yr

$49,296 total

Bellarmine University

private

$45,790/yr

$183,160 total

Spalding University

private

$28,590/yr

$114,360 total

Community Colleges (2-Year Transfer)

Jefferson Community and Technical College

$4,680/yr

Top Employers for Electrical Engineering in Louisville

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

IntelTexas InstrumentsQualcommAppleTesla

Key Louisville 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 Louisville — 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 Louisville.

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