Aerospace, Aeronautical and Astronautical Engineering graduates earn an average annual wage of $161,328, making it one of the higher-paying degree fields. With 9,330 professionals in the field earning competitive wages, this degree offers strong career prospects.

Key Statistics

9,596
Total Degrees Awarded (2023)
Not reported in dataset
$11,764
Median In-State Public Tuition
Not reported in dataset
$59,241
Median Out-of-State Private Tuition
Not reported in dataset
$161,328
Average Wage
Not reported in dataset
9,330
People in Workforce
Not reported in dataset
N/A
Average Employee Age
Not reported in dataset

Institutions

Information about the types of higher education institutions that grant degrees in Aerospace, Aeronautical and Astronautical Engineering and the types of students that study this field.

Tuition Costs for Common Institutions

$11,764 Median In-State Public

$59,241 Median Out of State Private

Tuition costs for Aerospace, Aeronautical and Astronautical Engineering majors are, on average, $11,764 for in-state public colleges, and $59,241 for out of state private colleges.

Tuition costs comparison for Aerospace, Aeronautical and Astronautical Engineering programs.

Degrees Awarded Over Time

9,596 Total Degrees Awarded in 2023

This chart shows the number of degrees awarded in Aerospace, Aeronautical and Astronautical Engineering from 2015 to 2023.

Historical trend of degrees awarded in Aerospace, Aeronautical and Astronautical Engineering.

Top 5 Schools by Enrollment

Schools with the largest enrollment offering Aerospace, Aeronautical and Astronautical Engineering programs.

Top 5 Most Affordable Tuition

Schools with the lowest tuition costs for Aerospace, Aeronautical and Astronautical Engineering programs.

Top 5 Most Affordable Net Price

Schools with the lowest net price (after financial aid) for Aerospace, Aeronautical and Astronautical Engineering programs.

Graduation Rates

56.95% Median Graduation Rate (150% of normal time)

57.64% Average Graduation Rate

144 Institutions Reporting

43.28% - 72.24% Interquartile Range

Graduation/completion rates for Aerospace, Aeronautical and Astronautical Engineering programs across institutions.

Employment

Information on the businesses and industries that employ Aerospace, Aeronautical and Astronautical Engineering graduates and on wages and locations for those in the field.

Yearly Income for Common Jobs

$161,328 Average Wage in Workforce

The average salary for Aerospace, Aeronautical and Astronautical Engineering majors is $161,328.

Average annual salaries of the most common occupations for Aerospace, Aeronautical and Astronautical Engineering majors.

Occupations by Share

9,330 2023 Workforce

The number of Aerospace, Aeronautical and Astronautical Engineering graduates in the workforce has been growing.

Various jobs filled by those with a major in Aerospace, Aeronautical and Astronautical Engineering by share of the total number of graduates.

Return on Investment & Value

Financial analysis of Aerospace, Aeronautical and Astronautical Engineering degree including debt, earnings, and return on investment metrics.

Financial Value Analysis

ROI data is not available for this degree program.

Financial value comparison for Aerospace, Aeronautical and Astronautical Engineering degree.

Diversity

Demographic information for those who earn a degree in Aerospace, Aeronautical and Astronautical Engineering in the United States.

Workforce Age

N/A Average Age in 2023

This chart shows distribution of ages for employees with a degree in Aerospace, Aeronautical and Astronautical Engineering.

Age distribution for Aerospace, Aeronautical and Astronautical Engineering degree holders in the workforce.

Gender Distribution

Gender distribution data is not available for this degree program.

Gender distribution of Aerospace, Aeronautical and Astronautical Engineering degree recipients.

Race and Ethnicity Distribution

Race and ethnicity distribution data is not available for this degree program.

Racial and ethnic distribution of Aerospace, Aeronautical and Astronautical Engineering degree recipients.

Degrees Awarded

The most common degree types awarded to students graduating in Aerospace, Aeronautical and Astronautical Engineering are Bachelors Degree, Masters Degree, and Associates Degree.

Distribution of degree types awarded in Aerospace, Aeronautical and Astronautical Engineering.

Skills

Data on the critical and distinctive skills necessary for those working in the Aerospace, Aeronautical and Astronautical Engineering field from the Bureau of Labor Statistics.

Required Skills

Aerospace, Aeronautical and Astronautical Engineering majors need many skills, but most especially Critical Thinking, Active Listening, and Reading Comprehension.

Rating of how necessary various skills are for Aerospace, Aeronautical and Astronautical Engineering majors.

Skills Bar Chart

This bar chart shows the same information as the radar chart, displaying the importance of each skill.

Skill importance ratings for Aerospace, Aeronautical and Astronautical Engineering majors.

About

Aerospace, Aeronautical and Astronautical Engineering

In 2023, 9,596 degrees were awarded across all undergraduate and graduate programs in Aerospace, Aeronautical and Astronautical Engineering.

CIP Code

00.1402 - Aerospace, Aeronautical and Astronautical Engineering

Insights and Analysis

High Earning Potential: Aerospace, Aeronautical and Astronautical Engineering graduates earn an average annual wage of $161,328, placing them among the top earners in the workforce. This strong earning potential reflects both the demand for skills in this field and the value employers place on this degree.

Data Sources

This page uses data from the following sources:

  • College Scorecard - U.S. Department of Education
    • Institutional characteristics, costs, completion rates, and earnings data
    • Data years: 2015-2024
    • Source: collegescorecard.ed.gov
  • Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS)
    • Employment and wage data by occupation
    • Latest data: May 2024
    • Source: bls.gov/oes
  • O*NET Online - U.S. Department of Labor
    • Occupational skills, knowledge, abilities, and work activities
    • Database version: 28.0 (August 2023)
    • Source: onetcenter.org
  • IPEDS (Integrated Postsecondary Education Data System) - National Center for Education Statistics
    • Institutional data, completions, enrollment, and financial aid
    • Data years: 2015-2024
    • Source: nces.ed.gov/ipeds
  • Census Bureau American Community Survey (ACS)
    • Demographic and workforce data
    • Latest data: 2023 ACS 5-Year Estimates
    • Source: census.gov/acs

Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.

Last Updated: Data reflects the most recent available information as of January 2025.

Methodology

Data for this profile is sourced from the U.S. Department of Education's College Scorecard dataset, IPEDS completion data, and Bureau of Labor Statistics employment data.

All financial figures are adjusted for inflation and represent the most recent available data. Employment and wage data are from the most recent Census Bureau ACS PUMS estimates.