Average Aerospace Engineers Salary in Indiana
Aerospace Engineers in Indiana earn an average annual salary of $112,860, which is notably below the national average of $141,460. This disparity is often influenced by regional economic factors, industry concentration, and the overall demand for specialized engineering talent within the state. Indiana's specific industrial landscape and cost of living contribute to this localized compensation structure.
Executive Summary
- Average Salary: $112,860 per year.
- Growth Trend: Salaries have shifted 21.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $175,990.
- Outlook: The Aerospace Engineering job market in Indiana, while not as concentrated as the national average with a Location Quotient of 0.33, supports a dedicated workforce of 470 professionals. The presence of this workforce, coupled with 0.146 jobs per 1,000 workers, indicates a stable, albeit niche, demand for aerospace expertise within the state. This suggests a consistent, though not rapidly expanding, employment landscape for these engineers.
Salary Overview
The average Aerospace Engineers in Indiana earns-20.2%below the national average.
$54.3
$2,170
$9,405
Aerospace Engineers Salary Trends (2020-2024)
While specific historical data for Indiana's Aerospace Engineers is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring national patterns. Economic growth, inflation, and advancements in aerospace technology typically drive salary increases for skilled professionals in this field, suggesting that Indiana's Aerospace Engineers have likely seen their compensation rise incrementally.
Aerospace Engineers Salary Distribution in Indiana
Salary progression for Aerospace Engineers in Indiana, as elsewhere, is strongly tied to experience and specialization. Entry-level positions typically command lower salaries, while senior engineers with extensive project management experience and advanced technical skills can expect significantly higher compensation. The widening gap between entry-level and senior salaries reflects the increasing value placed on expertise and leadership within the aerospace sector, signifying clear career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $76,680 | $36.9 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $84,645 | $40.7 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $104,160 | $50.1 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $141,075 | $67.8 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $175,990 | $84.6 |
Detailed Aerospace Engineers Market Analysis
Relocation Context
Nominal Salary
$112,860
Gross Pay
Real Wage (Purchasing Power)
$125,400
Adjusted for COL (90)
An average annual salary of $112,860 in Indiana presents a favorable financial situation when considering the local cost of living. With a Cost of Living Index of 90, Indiana is approximately 10% more affordable than the national average. This means that the nominal salary of $112,860 offers a higher effective purchasing power for residents, allowing their earnings to stretch further for housing, goods, and services compared to living in a higher-cost region.
Job Market Context
470
Total Jobs
0.146
Per 1K Jobs
0.33
Location Quotient
At 0.33x, Indiana has a notably lower concentration of Aerospace Engineers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
Indiana's Location Quotient of 0.33 for Aerospace Engineers indicates that the profession is less concentrated in the state compared to the national average. This suggests that while there is a presence of Aerospace Engineers, the job market is not saturated, and opportunities may be more specialized or tied to specific industries within Indiana. It implies a market where skilled professionals might find less direct competition but potentially fewer overall openings compared to highly concentrated aerospace hubs.
Nearby Job Markets
Nearby Cities for Aerospace Engineers
| City | Salary | Dist. |
|---|---|---|
| Indianapolis-Carmel-Greenwood, IN Aerospace Engineers Salary | $118,540↑ 5% | 8 mi |
Comparing salaries near Indiana
Hiring Aerospace Engineerss?
Frequently Asked Questions
How much does a Aerospace Engineers make in Indiana?
The median annual salary for a Aerospace Engineers in Indiana is $112,860. This typically ranges from $76,680 for entry-level positions to $175,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Indiana is 20.2% lower than the national median of $141,460.
Is Indiana a lucrative place for Aerospace Engineers?
No, Indiana is not as lucrative for Aerospace Engineers compared to the national average.The average salary of $112,860 is significantly lower than the national average of $141,460. However, the lower cost of living index of 90 does offer some financial advantage.
Is Indiana a good place to live for Aerospace Engineers?
With a Cost of Living Index of 90 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Indiana?
Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($118,540) and others.
How does Indiana's Aerospace Engineer salary compare to the national average?
Aerospace Engineers in Indiana earn an average of $112,860 annually, which is $28,600 less than the national average of $141,460.
What is the cost of living in Indiana relative to the rest of the US?
Indiana has a Cost of Living Index of 90, meaning it is 10% more affordable than the national average (which is indexed at 100).
How concentrated is the Aerospace Engineering job market in Indiana?
The job market for Aerospace Engineers in Indiana is less concentrated than the national average, with a Location Quotient of 0.33, indicating fewer jobs per capita relative to the US.
What is the total number of Aerospace Engineers employed in Indiana?
There are approximately 470 Aerospace Engineers employed in Indiana, representing a small but dedicated segment of the state's workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 470 employees in the Indiana area with a job density of 0.146 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Aerospace Engineers • Data source: BLS OEWS 2024 •Jobs in Indiana