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Aerospace Engineer Salary in Livonia, MI

How much does a aerospace engineer make in Livonia? Explore median, entry-level, and senior salaries adjusted for Livonia's cost of living.

Median Salary
$134,490
per year in Livonia
Entry Level
$80,943
Starting salary
Senior Level
$186,792
Experienced professionals
Cost of Living
95
5% below national avg

Salary Breakdown by Experience Level

See how aerospace engineer salaries break down across different pay periods in Livonia.

PeriodEntry LevelMedianSenior
Annual$80,943$134,490$186,792
Monthly$6,745$11,208$15,566
Biweekly$3,113$5,173$7,184
Weekly$1,557$2,586$3,592
Hourly$39$65$90

Livonia vs National Average

How Livonia's aerospace engineer salaries compare to national figures.

Livonia Salary
$134,490
COL Index: 95
National Average
$87,040
COL Index: 100
Difference
+$47,450
Higher in Livonia

Cost of Living in Livonia

1-Bedroom Rent
$1,050
per month
Median Income
$68,420
per year
Population
94,834
residents
Rent % of Income
18.4%
median household
Cost of Living Index: 95 — A score of 100 represents the U.S. average. Salaries in Livonia have been adjusted to account for local cost differences.

About Aerospace Engineer

Overview

Design aircraft, spacecraft, and related systems and components.

Education

Bachelor's degree in Aerospace Engineering; PE license recommended

Key Skills

Aircraft DesignAerodynamicsCADSystems Engineering

Growth Rate

Expected job growth: +19% over the next decade

Compare Cities: Aerospace Engineer Salary

See Aerospace Engineer salaries in other top cities.

New York, NY
$135,530
+1%
Los Angeles, CA
$143,860
+7%
Chicago, IL
$125,520
-7%
Houston, TX
$126,690
-6%
Phoenix, AZ
$139,260
+4%

Financial Tools to Explore

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Aerospace Engineer Salary in Livonia, MI — Complete Guide

Median Salary Overview

The median salary for a aerospace engineer in Livonia, MI is $134,490 per year, adjusted for the local cost of living index of 95. This figure reflects typical earnings for experienced professionals in this role, considering Livonia's unique economic conditions.

Salary Range and Experience Levels

Entry-level aerospace engineer professionals in Livonia can expect to earn around $80,943 annually. As professionals gain experience, salaries typically increase, with senior-level aerospace engineers earning approximately $186,792 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

Livonia's cost of living index of 95 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Livonia 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 Livonia typically goes toward housing. With a 1-bedroom apartment averaging $1,050 per month, housing represents about 9.4% 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 Livonia, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.