Average Aerospace Engineers Salary in Salt Lake City-Murray, UT
Aerospace Engineers in Salt Lake City-Murray, UT, command an average annual salary of $133,370. This figure is slightly below the national average of $141,460, reflecting a localized market dynamic. While the national average is higher, the specific economic conditions and industry demand within the Salt Lake City metropolitan area influence this compensation.
Executive Summary
- Average Salary: $133,370 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $166,060.
- Outlook: The aerospace engineering job market in Salt Lake City-Murray, UT, shows a moderate level of concentration, with a Location Quotient of 0.66, indicating a presence that is less than the national average. The total local workforce of 240 professionals suggests a niche but established community of these specialists, implying a stable demand for their expertise within the region.
Salary Overview
The average Aerospace Engineers in Salt Lake City-Murray, UT earns-5.7%below the national average.
$64.1
$2,565
$11,114
Aerospace Engineers Salary Trends (2020-2024)
While specific historical data for Salt Lake City-Murray is not provided, it is generally assumed that salaries for Aerospace Engineers nationwide have experienced steady growth over the past four years, driven by technological advancements and increased investment in the aerospace sector. This trend likely extends to the Salt Lake City area, with compensation adjustments reflecting inflation and evolving market demands.
Aerospace Engineers Salary Distribution in Salt Lake City-Murray, UT
The salary trajectory for Aerospace Engineers in Salt Lake City-Murray, UT, escalates significantly with experience. Entry-level positions typically start at the lower percentiles, while senior engineers, with extensive expertise and project leadership, can command salaries in the upper percentiles. These percentile gaps are crucial indicators of career progression and the increasing value placed on seasoned professionals in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $85,670 | $41.2 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $100,028 | $48.1 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $132,130 | $63.5 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $166,713 | $80.2 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $166,060 | $79.8 |
Detailed Aerospace Engineers Market Analysis
Relocation Context
Nominal Salary
$133,370
Gross Pay
Real Wage (Purchasing Power)
$133,370
Adjusted for COL (100)
An average annual salary of $133,370 in Salt Lake City-Murray, UT, is perfectly aligned with the national average cost of living, as indicated by the Cost of Living Index of 100. This means that the purchasing power of an Aerospace Engineer's salary in this location is equivalent to that of their national counterparts, offering a stable financial standing without the premium often associated with higher cost-of-living areas.
Job Market Context
240
Total Jobs
0.293
Per 1K Jobs
0.66
Location Quotient
Salt Lake City-Murray, UT has 0.66x the national average concentration of Aerospace Engineers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.66, the Salt Lake City-Murray, UT, market for Aerospace Engineers is less concentrated than the national average. This suggests that while the demand exists, the pool of available talent is relatively smaller compared to national hubs. Companies may need to actively recruit or offer competitive packages to attract specialized skills in this less saturated environment.
Nearby Job Markets
Nearby Cities for Aerospace Engineers
| City | Salary | Dist. |
|---|---|---|
| Ogden, UT Aerospace Engineers Salary | $129,700↓ 3% | 31 mi |
| Wasatch Front Fringe Utah nonmetropolitan area Aerospace Engineers Salary | $123,380↓ 7% | 44 mi |
Comparing salaries near Salt Lake City-Murray, UT
Hiring Aerospace Engineerss?
Frequently Asked Questions
How much does a Aerospace Engineers make in Salt Lake City-Murray, UT?
The median annual salary for a Aerospace Engineers in Salt Lake City-Murray, UT is $133,370. This typically ranges from $85,670 for entry-level positions to $166,060 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Salt Lake City-Murray, UT is 5.7% lower than the national median of $141,460.
Is Salt Lake City-Murray, UT a lucrative place for Aerospace Engineers?
Yes, it offers a stable financial standing.Aerospace Engineers in Salt Lake City-Murray, UT, earn $133,370 annually, which aligns perfectly with the national average cost of living. This compensation provides strong purchasing power within the local economy.
Is Salt Lake City-Murray, UT a good place to live for Aerospace Engineers?
The Cost of Living Index in Salt Lake City-Murray, UT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Salt Lake City-Murray, UT?
Some top paying nearby cities include Ogden, UT ($129,700) and Wasatch Front Fringe Utah nonmetropolitan area.
How does the Aerospace Engineer salary compare nationally?
The average annual salary for Aerospace Engineers in Salt Lake City-Murray, UT, is $133,370, which is slightly lower than the national average of $141,460.
What is the concentration of Aerospace Engineers in Salt Lake City-Murray, UT?
The concentration of Aerospace Engineers in Salt Lake City-Murray, UT, is indicated by a Location Quotient of 0.66, meaning it is less concentrated than the national average.
How does the cost of living affect the salary in Salt Lake City-Murray, UT?
The cost of living in Salt Lake City-Murray, UT, is at the national average (100), meaning the $133,370 salary offers purchasing power equivalent to the national average.
What is the total number of Aerospace Engineers in Salt Lake City-Murray, UT?
There are approximately 240 Aerospace Engineers working in the Salt Lake City-Murray, UT, metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Salt Lake City-Murray, UT area with a job density of 0.293 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 Salt Lake City-Murray, UT