Aerospace Engineer Salary in Binghamton, NY
How much does a aerospace engineer make in Binghamton? Explore median, entry-level, and senior salaries adjusted for Binghamton's cost of living.
Salary Breakdown by Experience Level
See how aerospace engineer salaries break down across different pay periods in Binghamton.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $55,004 | $91,392 | $126,933 |
| Monthly | $4,584 | $7,616 | $10,578 |
| Biweekly | $2,116 | $3,515 | $4,882 |
| Weekly | $1,058 | $1,758 | $2,441 |
| Hourly | $26 | $44 | $61 |
Binghamton vs National Average
How Binghamton's aerospace engineer salaries compare to national figures.
Cost of Living in Binghamton
About Aerospace Engineer
Overview
Design aircraft, spacecraft, and related systems and components.
Education
Bachelor's degree in Aerospace Engineering; PE license recommended
Key Skills
Growth Rate
Expected job growth: +19% over the next decade
Compare Cities: Aerospace Engineer Salary
See Aerospace Engineer salaries in other top cities.
Financial Tools to Explore
Use these Pulsafi calculators to understand your finances based on a aerospace engineer salary in Binghamton.
Salary Breakdown Calculator
See exactly how your salary breaks down into taxes and take-home pay.
Cost of Living Calculator
Understand your expenses and purchasing power in Binghamton.
Budget Calculator
Create a personalized budget based on your income and expenses.
Rent vs Buy Calculator
Compare the true costs of renting versus buying in Binghamton.
Aerospace Engineer Salary in Binghamton, NY — Complete Guide
Median Salary Overview
The median salary for a aerospace engineer in Binghamton, NY is $91,392 per year, adjusted for the local cost of living index of 84. This figure reflects typical earnings for experienced professionals in this role, considering Binghamton's unique economic conditions.
Salary Range and Experience Levels
Entry-level aerospace engineer professionals in Binghamton can expect to earn around $55,004 annually. As professionals gain experience, salaries typically increase, with senior-level aerospace engineers earning approximately $126,933 per year. This represents a 131% increase from entry to senior level.
Cost of Living Adjustment
Binghamton's cost of living index of 84 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Binghamton are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $87,040, the actual purchasing power must be considered in context.
Housing and Affordability
A significant portion of a aerospace engineer's salary in Binghamton typically goes toward housing. With a 1-bedroom apartment averaging $800 per month, housing represents about 10.5% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.
Career Growth and Opportunities
Aerospace Engineers are in growing demand across the United States, with an expected job growth of 19% over the next decade. In Binghamton, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.