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Career Handbook - Aerospace Engineers Earnings
Aerospace Engineers
Earnings

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Earnings

Median annual earnings of aerospace engineers were $72,750 in 2002. The middle 50 percent earned between $59,520 and $88,310. The lowest 10 percent earned less than $49,640, and the highest 10 percent earned more than $105,060. Median annual earnings in the industries employing the largest numbers of aerospace engineers in 2002 were:
 
Federal government $81,830
Architectural, engineering, and related services 74,890
Aerospace product and parts manufacturing 70,920

According to a 2003 salary survey by the National Association of Colleges and Employers, bachelor's degree candidates in aerospace engineering received starting salary offers averaging $48,028 a year, master's degree candidates were offered $61,162, and Ph.D. candidates were offered $68,406.
 

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Data Source: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2004-05 Edition