As of July 01, 2026, the average salary for an Aerospace Engineer V in Loretto, VA is $159,058 per year, which breaks down to an hourly rate of $76.
However, an Aerospace Engineer V's salary can vary significantly. Here’s a look at the typical salary range:
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An Aerospace Engineer V's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills, and company size can directly affect your earning potential.
Experience is a primary driver of an Aerospace Engineer V's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Aerospace Engineer III | 4-7 years | $108,847 |
| Aerospace Engineer IV | 7+ years | $137,751 |
| Aerospace Engineer V | 7-10 years | $159,058 |
| Aerospace Engineer VI | 10-12 years | $195,727 |
| Aerospace Engineering Supervisor | 12+ years | $130,565 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 19.05% |
| Computer Systems | 2.38% |
| Support Services | 2.38% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
C#
|
$194,051 |
22%
|
|
Risk Mitigation
|
$192,461 |
21%
|
|
Product Development
|
$187,689 |
18%
|
|
Insight
|
$181,327 |
14%
|
|
Debugging
|
$179,736 |
13%
|
|
Software Development
|
$178,146 |
12%
|
Aerospace Engineer V salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $176,472. While startup companies pay approximate $149,506.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $149,506 |
| Growth Stage | 51~500 | $158,043 |
| Established | 501~5000 | $170,494 |
| Enterprise | 5000+ | $176,472 |
For Aerospace Engineer V roles, the industry you choose can affect earning potential by as much as 90% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Energy & Utilities sectors offer the strongest compensation, at 60% above the average. In contrast, Aerospace Engineer positions in Software & Networking or MFG Nondurable typically offer lower base pay, as these industries often view Aerospace Engineer V as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Aerospace & Defense | $254,494 | $122.0 | 60% |
| Energy & Utilities | $174,964 | $84.0 | 10% |
Understanding how an Aerospace Engineer V's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on July 01, 2026Promotions are the fastest way to increase your earnings. As an Aerospace Engineer V, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Aeronautical Engineer VI | $196,070 | 23% |
| Aerospace Engineer VI | $195,727 | 23% |
| Engineer VI | $183,844 | 16% |
| Guidance, Navigation & Control Engineer VI | $208,452 | 31% |
Ready to take the next step in your career? Browse thousands of current Aerospace Engineer V job openings on our job board. Use the search bar below to find your perfect match.
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