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Average Aerospace Engineers Salary in Waco, TX

The average salary for a Aerospace Engineers in Waco, TX is $128,040. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Waco, TX is a key hub for this profession, with a job concentration 1.84x higher than average.

Executive Summary

  • Average Salary: $128,040 per year.
  • Growth Trend: Salaries have shifted 1.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $166,190.
  • Outlook: The current demand for Aerospace Engineerss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Waco, TX economy.
2024 Market Data

Salary Overview

$128,040

The average Aerospace Engineers in Waco, TX earns-9.5%below the national average.

BreakdownBased on 40h/week
Hourly

$61.6

Weekly

$2,462

Monthly

$10,670

Aerospace Engineers Salary Distribution in Waco, TX

The earning potential for Aerospace Engineerss in Waco, TX varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $81,620, while highly experienced professionals can command wages upwards of $166,190.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$81,620$39.2
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$96,030$46.2
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$131,270$63.1
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$160,050$76.9
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$166,190$79.9

Detailed Aerospace Engineers Market Analysis

Relocation Context

Nominal Salary

$128,040

Gross Pay

Real Wage (Purchasing Power)

$128,040

Adjusted for COL (100)

In Waco, TX, the Cost of Living Index is 100. This increases your effective purchasing power from $128,040 to $128,040.

Job Market Context

110

Total Jobs

0.816

Per 1K Jobs

1.84

Location Quotient

Major Hub

Waco, TX has 1.8x the national concentration of Aerospace Engineers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

110 people work as Aerospace Engineers in Waco, TX.

Only 0.816 out of every 1,000 local jobs are Aerospace Engineers roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Aerospace Engineers

Comparing salaries near Waco, TX

Hiring Aerospace Engineerss?

Frequently Asked Questions

How much does a Aerospace Engineers make in Waco, TX?

The median annual salary for a Aerospace Engineers in Waco, TX is $128,040. This typically ranges from $81,620 for entry-level positions to $166,190 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Waco, TX is 9.5% lower than the national median of $141,460.

Is Waco, TX a good place for Aerospace Engineerss?

Yes, Waco, TX is highly recommended due to strong job demand. While salaries are competitive ($128,040), the area is particularly notable for its high job density for Aerospace Engineerss. See distinct detailed breakdown below.

Is Waco, TX a good place to live for Aerospace Engineers?

The Cost of Living Index in Waco, TX is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Waco, TX?

Some top paying nearby cities include North Region of Texas nonmetropolitan area ($90,800) and others.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Waco, TX area with a job density of 0.816 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.