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Salary, Wages, Pay: Aerospace Engineers




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, bachelorís degree candidates in aerospace engineering received starting salary offers averaging $48,028 a year, masterís degree candidates were offered $61,162, and Ph.D. candidates were offered $68,406.