Aerospace Engineer Salary
Median pay for Aerospace Engineers in the United States is around $82K per year. In the world of Aerospace Engineers, total cash compensation can vary between $59K and $134K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $10K and $20K, respectively. Career duration is the biggest factor affecting pay for this group, followed by the particular city and the individual firm. Most Aerospace Engineers like their work and job satisfaction is high. Medical benefits are awarded to almost all, and a fair number earn dental coverage. The data for this synopsis comes from respondents who took the PayScale salary survey.
|Salary||$59,141 - $129,367|
|Bonus||$294.34 - $10,066|
|Profit Sharing||$145.44 - $19,933|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$59,012 - $134,342|
|Hourly Rate||$18.82 - $72.06|
|Overtime||$23.88 - $69.40|
|Bonus||$294.34 - $10,066|
|Profit Sharing||$145.44 - $19,933|
|Total Pay (||$59,012 - $134,342|
Job Description for Aerospace Engineer
Aerospace engineers design aircraft, spacecraft, missiles, and satellites. They receive proposals for projects and evaluate them for a variety of factors. Aerospace engineers can develop new technologies in these fields, designing new types of aerospace products. They must determine if the proposed project will be technically possible, financially possible, and safe. They will determine if the product meets the needs of the customer, can surpass environmental challenges, and can meet engineering principles. Once they have approved a project, they are in charge of coordinating the design and manufacturing of the product. They will also direct the final testing of the product and ensure that the project meets the proper quality standards. If there is a malfunction or damage in a product, they must identify the problem and any possible solutions.Read More...
Aerospace engineers usually specialize in different types of products, including commercial and military products, remote-piloted aircraft, launch vehicles, or rockets. There are two types of aerospace engineers: aeronautical engineers, who works with aircraft, and astronautical engineers, who work with spacecraft. They can be employed in a huge variety of industries and companies. They spend a large amount of their time in an office environment, using sophisticated computer software to design and create models and simulate testing.
They will work with many other professionals involved in the design and building of the aircraft or spacecraft components, so they must be able to communicate very well and work in a team to efficiently reach a common goal. They must have excellent math skills, critical thinking skills, business skills, and analytical skills. They must also hold a bachelor's degree in aerospace engineering or some related field. If an engineer wants to advance in his or her career, it is possible to obtain a Professional Engineer license.
Aerospace Engineer Tasks
- Perform a variety of engineering work in designing, constructing, and testing aircraft, missiles, and spacecraft.
- May recommend improvements in testing equipment and techniques.
- May conduct basic and applied research to evaluate adaptability of materials and equipment to aircraft design and manufacture.
Common Career Paths for Aerospace Engineer
Aerospace Engineers who go on to become Design Engineering Managers may see their salaries climb quite a bit. Median pay for Design Engineering Managers is $103K annually. Many Aerospace Engineers advance into roles as Aviation and Aerospace Project Engineers or Aeronautical Engineers, but the median salaries are $2K lower and $8K lower, respectively.
Popular Employer Salaries for Aerospace Engineer
Well-known firms with a reputation for hiring numerous Aerospace Engineers include The Boeing Company, Northrop Grumman Corporation, National Aeronautics and Space Administration (NASA), Spacex, and Lockheed Martin Corp. Employees at Aerospace Corporation, The enjoy the biggest paychecks, and $105K is the median salary. Range in pay, on the other hand, is narrow, with lower figures hovering around $92K and higher ones not far away at only $117K. National Aeronautics and Space Administration (NASA), Jet Propulsion Laboratory, and Northrop Grumman Corporation also offer top salaries for Aerospace Engineers. Workers at these firms can expect to earn about $100K, $91K, and $91K, respectively.
The pay scale is far from balanced at Naval Air Systems Command (NAVAIR). While salaries on one end can reach $98K, the company's median pay sits at $68K, the lowest in the field. Other low-paying employers include Rolls-Royce North America, Inc. at $70K and Lockheed Martin Corp at $70K, though some Aerospace Engineers there earn up to $120K.
Popular Skills for Aerospace Engineer
Aerospace Engineers seem to exploit a large range of skills on the job. Most notably, skills in Project Management, Systems Engineering, Technical Analysis, and Engineering Design are correlated to pay that is above average, with boosts between 4 percent and 10 percent. Skills that pay less than market rate include AutoCAD, SolidWorks, and autodesk autocad. Those proficient in Engineering Design are, more often than not, also skilled in Matlab, Systems Engineering, and Microsoft Office.
Pay by Experience Level for Aerospace Engineer
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Aerospace Engineers with a rich background of experience are typically rewarded with larger paychecks. Relatively untried employees who have fewer than five years of experience earn around $72K on average. People who have worked for five to 10 years can expect a higher median salary of $89K. Between one and two decades on the job, average salaries pass the six-figure mark at around $106K. Average wages for folks with more than 20 years of experience come out to around $135K.
Pay Difference by Location
El Segundo offers some of the highest pay in the country for Aerospace Engineers, 24 percent above the national average. Aerospace Engineers will also find cushy salaries in Pasadena (+22 percent), Washington (+15 percent), Denver (+8 percent), and Houston (+7 percent). Location significantly influences compensation, with Wichita Aerospace Engineers earning much less — 23 percent less — than the national average. Dallas and Stratford are a couple other places where companies are known to pay below the median — salaries are 12 percent lower and 9 percent lower, respectively.
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Key Stats for Aerospace Engineer
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