• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Business Finance Articles

Your First Financial Choice....

  • Business
  • Banking & Finance
  • Management
  • Investment & Money
  • Accounting & Taxation
  • Marketing & Advertising
  • More
    • Career
    • Technology
    • Transportation & Logistics

How Much Does an Aerospace Engineer Make?

Last Updated: August 30, 2024

Evolution, versatility, and change have played a much-needed impact on all the branches of science. All industries, including aerospace engineering, have faced decent modifications in monetary and non-monetary terms.

Speaking of monetary terms, its significance is hard to ignore. It is like a sixth sense without which you cannot use the other five completely. Aerospace Engineers have evolved into this industry, and this change has raised a vital question: How much does an Aerospace Engineer make?

Their pay scale can differ based on their country, location, and workplace. Recently, aerospace engineers have had a well-deserved average yearly salary of around $122,270 in the U.S.

The Aerospace Engineer’s average salary has increased to $90650 this year. We will dig deep into how much an aerospace engineer makes, what factors affect their pay scale, and what exactly they do.

In this article,

Toggle
  • What is Aerospace Engineering?
  • What Does an Aerospace Engineer Do?
  • How Much Does an Aerospace Engineer Make?
    • How much does an aerospace engineer make in the United States?
  • Top 10 Highest Paying Cities for Aerospace Engineers
  • Career Path – How to Become an Aerospace Engineer?
    • Aerospace Engineer Degree
  • Final Takeaway
  • FAQs
    • Is it hard to be an aerospace engineer?
    • How much does an aerospace engineer make at NASA?
    • How much does an aerospace engineer make with a doctorate?
    • What is the demand for Aerospace Engineers?

What is Aerospace Engineering?

Aerospace engineering is a developing career field related to the advancement of aircraft and spacecraft. The minimum eligibility criteria for pursuing this field is a bachelor’s degree with the related specifics.

This engineering part was later divided into two major branches: aeronautical and astronomical. While highlighting the scope of this field, the United States comes on top. The U.S. is on the record for paying the most to aerospace engineers. Besides the United States, Canada is also on the list of paying the highest to aerospace engineers. How much an aerospace engineer makes depends upon other factors, which we will discuss later.

What Does an Aerospace Engineer Do?

Every aerospace engineer experiences different levels of responsibilities depending on their workplace. The magnitude of their responsibility and work intensity reflects how much money they make. Most of the job descriptions are similar; a few of them are listed below:

  • Aerospace engineers develop advanced and improved citation, defense systems, and spacecraft technologies.
  • They deal with the latest technologies at hand; it’s their responsibility to analyze, design, test, and troubleshoot these technologies.

How Much Does an Aerospace Engineer Make?

When considering pursuing Aerospace engineering, it’s essential to understand that salary is only one component of a career that makes it fulfilling. Investing more is fair, like how much an aerospace engineer makes. But it’s also beneficial to expand your horizons.

Think outside the box; the opportunities are endless, just like the space itself. To get a raw idea about how much an aerospace engineer makes, keep in mind the average salary range is approximately US$121,800 to US$131,896 per year. Other factors can also affect your income range, like what you do with your degree, which specialization you pursue, etc.

How much does an aerospace engineer make in the United States?

Most well-developed countries are currently focused on innovations and progress in different fields. Aerospace is one of the fields which gets the utmost attention and investment from the government. Since its demand is at its peak, the compensations are adjusted accordingly.

This career track has absorbed years of experience, diversity, and generations of new young talents. Just with the flow of gaining experience in this field, their salaries started increasing. Now, U.S. aerospace engineers are also experiencing a specific change in the pay scale based on their seniority, experience, and qualifications. If you want to know how much this field pays per hour and year, we have a table created below:

SeniorityPer HourPer Year
Top-level aerospace engineer earning$80.95$168,370
Senior-level aerospace engineer earning$73.53$152,950
Mid-level aerospace engineer earning$58.78$122,270
Junior-level aerospace engineer earning$46.22$96,130
Starting level aerospace engineer earning$37.23$77,440

These salary differences of aerospace engineers are approximate values based on the highest and lowest earning segments. Similarly, the average pay scale of aerospace engineers is equivalent to almost all the central states in the U.S. Let’s have a look at the average salary of aerospace engineers in various states of the United States:

StatesAverage Salary
Virginia$128,560
Kentucky$122,920
Arizona$130,850
California$128,660
Utah$105,460
New York$101,990
Florida$101,490
Tennessee$100,220

Top 10 Highest Paying Cities for Aerospace Engineers

Comparing the national average salaries with how much an aerospace engineer makes gives a clear picture of the job’s value. For instance, Merced, CA, beats the national average by $24,907 (23.8%), and ten more cities pay the most to aerospace engineers. Below is the range of annual salaries of aerospace engineers in the highest-paying cities in the U.S.A.

Aerospace Engineer make money
Highest Paying CitiesAnnual Salary Range
Bellevue, WA$121,959-$120,000
Richmond, CA$122,442-$121,000
Tacoma, WA$123,641-$122,000
Irvine, CA$123,783-$122-783
Uc Berkeley, CA$124,392-$123,000
San Mateo, CA$126,583-$125,000
Daly City, CA$127,412-$126,000
Merced, CA$129,609-$128,000
Palo Alto, CA$129,838-$128,838
Berkeley, CA$131,778-$130,778

According to the Bureau of Labor Statistics(BLS), as of 2021, the median annual wage for aerospace engineers was $122.270. It is quite a good amount compared to the U.S.A.’s national average($45,760) for all professions. Now, considering how much an aerospace engineer makes in the light of past and present annual wages, this seems like a promising career.

Career Path – How to Become an Aerospace Engineer?

You can choose the specialization that best suits your interests during your study time. Regarding money matters, most aerospace engineers make handsome money yearly or monthly. No matter what profession you opt for, aerospace engineering will always be in demand.

Every engineering institute offers its customized semester, but most are similar internationally. Some of these programs are pretty expensive, which raises a question about whether it is worth it and how much an aerospace engineer makes. Here are some of the most commonly chosen specializations in aerospace engineering.

  • Propulsion or avionics
  • Space technology
  • Aerodynamics
  • Fuel efficiency
  • Investigating air accidents
  • Civil and military aircraft
  • Missiles
  • Satellites
  • Space vehicles
  • Weapons systems.

Let’s suppose you are opting for an aeronautical engineer. You will be trained on the pro level, and tasks like flight safety, dealing with components that constitute aircraft, and fuel efficiency will be thrown your way. If you want to prosper in this field, you must be fascinated with it.

Aerospace Engineer Degree

This degree and skills have a substantial scope in the engineering industry; even NASA hired almost 20 engineers this year, most of them aerospace engineers.

Skills Requirement for Aerospace Engineering

As you have already guessed, this degree requires more than just dedication. You are on the right boat if you have the following skills:

  • Your basics of maths should be clear
  • Agile mindset, analytical thinking, and sound science skills
  • Strong background in engineering science, computer operating systems, software, hardware, technology, and physics

Final Takeaway

An aerospace engineer makes around $19,106 to $515,665 in the US, and the salary range of aerospace engineers in the UK is £25,000 to £28,000. Their salary ranges depend upon seniority, expertise, and the place they provide services. In the UK, when an aerospace engineer reaches a chartered status, their salary range falls between £45,000 to £60,000+ or more. Although this is good money, the career path is challenging, especially considering tuition fees. The tuition fees for aerospace engineering can range from $27,000 to $45,000. The diploma in aerospace engineering course is three years long, consisting of six semesters, but the duration can vary depending on the institute.

FAQs

Is it hard to be an aerospace engineer?

Yes, aspiring aerospace engineers must keep in mind that becoming an aerospace engineer takes a lot more than time, investment, and dedication. The working environment may not be stressful, but your study time requires an effective strategy.

How much does an aerospace engineer make at NASA?

NASA provides a splendid growth opportunity for employees; being a part of a leading industry is an honor and good money. The average Nasa Aerospace Engineer in the US makes $177,782 per year.

How much does an aerospace engineer make with a doctorate?

Your three years of Ph.D. in Aerospace Engineering will earn you almost $122,270 to $168,370 per year. The salary range may differ according to the place you work.

What is the demand for Aerospace Engineers?

From 2020 to 2030, a 3% growth in the demand for aerospace engineers is expected. This growth may affect how much an aerospace engineer makes annually and monthly. The increase in demand is due to the need for innovation in aerospace or defense tech and new aircraft, spacecraft, and defense systems.

matt harbour
Methew Harbor

Matthew is a Co-Founder at BusinessFinanceArticles.org. Matthew was a floor manager at a local restaurant in Wales. He lost his job after the pandemic and took initiative to make a team and start the project.

Filed Under: Career Leave a Comment

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

Silver coins and silver bars representing silver as a long-term investment asset

Quick Answer: Silver can be a useful … [Read] about Is Silver a Good Investment for the Future? Pros, Cons, and Expert Insights

Centralization is often praised for control, … [Read] about When Centralization Fails: Risks and Limitations Organizations Must Understand

Centralized management structure showing when centralization works best in organizations

Quick Answer: Centralization improves … [Read] about Advantages of Centralization in Management

Conceptual illustration showing centralization with a single authority hub versus decentralization with distributed decision-making nodes

Quick Answer: Centralization concentrates … [Read] about Centralization vs Decentralization: Meaning, Differences, Examples, and When to Use Each

Quick Answer: Centralization can reduce employee … [Read] about Disadvantages of Centralization in Management

Choosing the right degree of centralization is not … [Read] about Factors Affecting Centralization in Management

Centralization does not operate as a single, fixed … [Read] about Types of Centralization in Management (With Examples)

Diagram illustrating centralization with decision-making authority concentrated at the top level of management

Quick Answer: Centralization is an organizational … [Read] about Centralization: Meaning, Types, Advantages, Disadvantages, and Applications

man-relex-on-office

Finding jobs in Australia for foreigners without … [Read] about Jobs in Australia for Foreigners Without Experience

Modern-banking-technology

Technology has reshaped nearly every industry, but … [Read] about Five Powerful ways Technology has Transformed the Banking Industry

Business Trends Shaping Small Business in Australia

Today small businesses see a rapidly changing … [Read] about 7 Business Trends Shaping Small Business in Australia

girl cant make decision

Good decision making is one of the simplest skills … [Read] about Why Decision Making Is Important in the Workplace (Updated 2025)

Roof Replacement Shapes Home Value

A roof is more than just protection from the … [Read] about How Roof Replacement Shapes Home Value and Financial Security

Probate Planning Protects Families

When a family member passes away, distributing … [Read] about How Probate Planning Protects Families and Preserves Their Wealth

Project Budgeting Planning

Imagine running out of money halfway through a … [Read] about Uses of Budgeting: Why It Matters for Individuals and Organizations (2025 Update)

Copyright © 2018-2024 - Business Finance Articles - Follow us on Facebook
About Team - Editorial Process - Contact US - Go to Blog - Terms and Conditions - Privacy Rights - Comment Policy - Privacy Policy