Petroleum Engineering Degree in Fort Wayne, IN — Salary & ROI 2026
Petroleum Engineering degree analysis for Fort Wayne, IN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$52K
COL-adjusted
Mid-Career
$144K
COL-adjusted
ROI Payback
5.4 yrs
in Fort Wayne
Cost of Living
103
index (100 = avg)
Petroleum 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. Although national enrollment in Petroleum Engineering has been declining, graduates with skills in Reservoir Engineering and Drilling remain competitive in the job market. The adjusted starting salary in Fort Wayne is approximately $51,500, growing to $144,200 by mid-career.
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%
Petroleum Engineering Salary in Fort Wayne (COL-Adjusted)
Salaries adjusted for Fort Wayne's cost of living index of 103 (national average = 100).
Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Fort Wayne adjustment factor: 1.03x based on the local cost of living index.
Petroleum Engineering ROI Calculator for Fort Wayne
Estimate your return on investment for a Petroleum 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
$15,450
vs HS diploma in Fort Wayne
ROI Payback Period
5.4 years
to break even
Lifetime Return in Fort Wayne
$1,255,128
Lifetime earnings premium ($1,339,000) minus total education cost ($83,872)
Student Loan Payoff for Petroleum Engineering in Fort Wayne
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Fort Wayne for Petroleum 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 Petroleum Engineering in Fort Wayne
Fort Wayne offers opportunities in Engineering firms, Manufacturing, Defense contractors for Petroleum Engineering graduates. National top employers in this field include:
Key Fort Wayne Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Petroleum Engineering Job Titles
Petroleum Engineering in Nearby Indiana Cities
Indianapolis, IN
$47K starting · COL 94
25 colleges
Evansville, IN
$43K starting · COL 86
10 colleges
South Bend, IN
$45K starting · COL 89
9 colleges
Carmel, IN
$53K starting · COL 105.2
4 colleges
Fishers, IN
$50K starting · COL 100.5
4 colleges
Bloomington, IN
$42K starting · COL 83
5 colleges
Hammond, IN
$47K starting · COL 93.1
4 colleges
Lafayette, IN
$42K starting · COL 84.8
3 colleges
Other Engineering Majors in Fort Wayne
Computer Engineering
$52K starting · 3 yr ROI
Chemical Engineering
$84K starting · 3.2 yr ROI
Nuclear Engineering
$52K starting · 3.3 yr ROI
Electrical Engineering
$82K starting · 3.3 yr ROI
Aerospace Engineering
$82K starting · 3.5 yr ROI
Mechanical Engineering
$80K starting · 3.5 yr ROI
Mining Engineering
$52K starting · 3 yr ROI
Materials Science & Engineering
$52K starting · 3.8 yr ROI
Petroleum 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 Petroleum Engineering ROI in other cities, or explore other majors in Fort Wayne.