How Much Do the Highest Paying Jobs Make?

July 9, 2021

When you are on the job market you want work that will provide you with a high paying career path. 

Making a career choice isn't always easy. Sometimes there is that one thing you know you want to do, that you feel passionate about, but sometimes there are lots of things that interest you, or nothing in particular that interests you, making the career choice process a little more involved. 

There is also lots to consider when starting down a career path, like will I need a bachelor's degree? What are the median salaries? What are the hourly rates and the number of hours I can get? What will my pre-tax and post-tax income look like? 

Then there are things you might not have even thought of before but will definitely impact the career choices you want to make. For instance, what's the job outlook for that job? Will I get paid on a biweekly, weekly, or monthly basis? What's the cost of living in the area where I live? 

For example, annual salary is how much money a profession tends to make a year. This number is often presented in averages. It can help to look at hourly wage to understand how much a job makes on a smaller scale. 

Job outlook is a percentage of growth or decline that a profession is predicted to have in the future based on current trends. This predicts whether this job will continue to have a high or low demand in the job market. 

One factor that can help you determine which career path to walk down is the average yearly salary of common professions. 

What are the Highest Paying Jobs? 

The first thing many people want to know when looking at different career choices is what are the highest paying careers out there? Many of them are within the medical or health job industry. 

According to the Bureau of Labor Statistics (BLS), the following 7 jobs are the highest paying occupations with a wage that is equal to or greater than $208,000 a year. To give you a comparison, according to USA Facts the median annual salary in the US in 2019 was $39,810 a year.

Black, male therapist taking notes during session.

Careers that make more than $208,000 a year:

  1. Psychiatrists
  2. Obstetricians and gynecologists
  3. Surgeons (except ophthalmologists)
  4. Prosthodontists
  5. Oral and maxillofacial surgeons
  6. Orthodontists
  7. Anesthesiologists

The medical field is a very promising industry to go into, with many different career opportunities to choose from. Many medical workers can also rest assured knowing they will be working in one of the best paying industries. 

Let's take a closer look at some of the other jobs that are above the national salary median. These are considered higher paying jobs since they gross more than $39,810 a year.  

Female doctor in lab coat and stethoscope.

Careers that make $130,000 to 208,000 a year:

  1. Doctors
  2. Chief Executives
  3. Pediatricians
  4. Nurses
  5. Dentists
  6. Pilots
Female doctor going over results with elderly woman.

Careers that make $80,000 to 130,000 a year:

  1. Pharmacists
  2. Lawyers
  3. Veterinarians
  4. Physical Therapists
  5. Computer Programmers
woman using calculator

Careers that make $40,000 to 80,000 a year:

  1. Accountants
  2. Therapists
  3. Welders
  4. Flight Attendants
  5. Firefighters

In Conclusion, 

If you're looking for a high paying career path then it's likely you'll want to pursue a job in the medical, legal, or technical field. Yearly salary is just one factor among many you'll want to consider when choosing a profession, but it is a key component to remember whenever contemplating your career.