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Electrical Engineering Degree in Lowell, MA — Salary & ROI 2026

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

Starting Salary

$90K

COL-adjusted

Mid-Career

$129K

COL-adjusted

ROI Payback

2.4 yrs

in Lowell

Cost of Living

112.5

index (100 = avg)

Electrical Engineering in Lowell, MA Overview

While Lowell has a smaller college scene with 5 institutions, Electrical Engineering students benefit from the close-knit academic community. Room and board averages $14,748/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 Lowell is approximately $90,000.

Category

Engineering

Local Colleges

5

Public Tuition

$16,100/yr

Private Tuition

$48,000/yr

Room & Board

$14,748/yr

Avg Fin. Aid

$14,502/yr

Unemployment

3%

Graduation Rate

73%

Electrical Engineering Salary in Lowell (COL-Adjusted)

Salaries adjusted for Lowell's cost of living index of 112.5 (national average = 100).

Entry Level (0-2 yrs)
$90,000(+$10,000 vs national)
Mid Career (5-9 yrs)
$129,375(+$14,375 vs national)
Senior Level (15+ yrs)
$159,750(+$17,750 vs national)

Note: National average Electrical Engineering salary: $80,000 starting, $115,000 mid-career, $142,000 senior level.Lowell adjustment factor: 1.13x based on the local cost of living index.

Electrical Engineering ROI Calculator for Lowell

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

Public avg: $16,100 | Private avg: $48,000

Lowell avg aid: $14,502/yr

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

Total Education Cost

$123,392

tuition + room & board - aid

Annual Earnings Premium

$50,625

vs HS diploma in Lowell

ROI Payback Period

2.4 years

to break even

Lifetime Return in Lowell

$1,001,608

Lifetime earnings premium ($1,125,000) minus total education cost ($123,392)

Student Loan Payoff for Electrical Engineering in Lowell

Standard Plan (10 years)

Loan Amount$123,392
Monthly Payment$1,401
Total Interest$44,739
% of Monthly Income19%

Aggressive Plan (5 years)

Loan Amount$123,392
Monthly Payment$2,414
Total Interest$21,466
Interest Savings$23,273

Colleges in Lowell for Electrical Engineering

Lowell State University

public

$16,448/yr

$65,792 total

University of Lowell

public

$18,005/yr

$72,020 total

Community Colleges (2-Year Transfer)

Lowell Community College

$6,184/yr

Top Employers for Electrical Engineering in Lowell

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

IntelTexas InstrumentsQualcommAppleTesla

Key Lowell 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 Lowell — 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 Lowell.

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