Top 5 Best Paying Jobs In America

Top 5 Best Paying Jobs In America

If you are thinking of an overseas career in the US this year, then you must know about the highest paid jobs in the US for 2021.

Here is a list of the highest-paid jobs and if you have the skills, qualifications and work experience required for the job, then there is no reason why you should not try your luck.

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Lawyers in the US earn around $122, 000 annually. It is a very attractive job to serve as a lawyer in the US, promising a fruitful career. Usually, trial attorneys are among the highest-paid legal experts.

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A law degree is required, generally in the form of a bachelor’s degree, 3 additional years of law school or a doctoral or professional degree.

Actuaries typically raise more than $100, 000 annually. In the coming years, this labor sector is about to rise 20 percent, showing a much faster growth compared with other employment. People who are most interested in being an actuary first get a three-year actuarial science undergraduate degree and then apply to a professional body and pass the requisite qualification exams.

Mathematicians and statisticians earn about $92, 000 annually. Some statisticians may, however, earn more than $140, 000 per year. In the US, the demand for labor market mathematicians and statisticians is said to rise by more than 30 percent in the coming years.

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Operations research analysts earn about $84, 000 annually. Compared with other occupations, this is another field that will rise faster in the coming years. As technology progresses, the demand for research analysts for operations will increase.

The estimated amount of money that financial analysts receive annually is more than $76, 000.  Budget analysts usually work at government agencies, universities, and companies. Individuals interested in becoming a budget analyst must hold a Bachelor’s degree. Popular majors for this career field include accounting, business, economics, and finance. Some budget analysts hold a degree in other fields, such as statistics, public administration, or political science.

81, 000 dollars is the average sum of money that financial analysts earn annually. A bachelor’s degree in business management or finance must be awarded to individuals interested in pursuing a career as a financial analyst.

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In the US, urban and regional planners receive more than 74, 000 dollars a year. In the coming years, the demand for employees in this labor market is about to rise 10 percent.

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Some of the positions relevant to this sector are historic buildings inspector/conservation officer, housing manager/officer, local government officer, town planner, transport planner, and urban designer.

In the US, market research analysts earn about $63, 000 a year. Over the next 10 years, demand for market research analysts is expected to rise by 19 percent. They can work as brand managers, media buyers, conference, convention and event planners, chief marketing officers, and promotion managers.

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Survey researchers receive nearly $60, 000 annually. They can have a master’s degree in a number of disciplines, including marketing or survey studies, statistics, and social sciences. For certain entry-level jobs, a bachelor’s degree is sufficient.IRS data shows that roughly 6% of American taxpayers earn $200, 000 or more annually. While that figure includes income from investments, most reported income comes from salaries and wages. Across all occupations, the average worker earns $56, 310 annually. In some of the highest-paying occupations, however, the average worker makes nearly three, four or even five times as much each year. These kinds of earnings in turn affectadjusted gross income (AGI), taxes and potentiallysavings. With that in mind, decided to take a closer look at some of the highest-paying jobs in America.

In this study, we identify the jobs with the best pay both nationally as well as across the 15 largest metro areas. Specifically, we look at average earnings data from the Bureau of Labor Statistics’ Occupational Employment and Wage Statistics to determine rankings at the national and metro area levels. For details on our data sources and further information about how we put together our findings, check out the Data and Methodology section below.

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Data from the Bureau of Labor Statistics (BLS) shows that the highest-paying job in the U.S. is that of anesthesiologist. In 2020, average earnings for anesthesiologists were $271, 440. Surgeons (excluding ophthalmologists) follow closely behind with average earnings of almost $251, 700 in 2020. Earnings for both occupations are more than four times higher than average earnings for all workers ($56, 310).

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Of those, the largest occupation is that of family medicine physician. BLS data shows that there are about 98, 600 family medicine physicians nationally, while there are less than 600 prosthodontists.

The occupation of computer & information systems manager employs the most workers (457, 290), while that of airline pilot, copilot & flight engineer is the smallest of the three (employing less than 83, 600 workers in 2020). The chart below compares the 15 highest-paying jobs in the U.S. to average earnings for all workers.

While specialty healthcare jobs rank at the top of the list nationally, data shows regional differences in some of the 15 largest metro areas where other occupations are the best paid.

Charted:

Chart: Tech & Consulting Feature In The Top Ten Of Best Paying Firms In The U.s.

This is the case with chief executives. Nationally, they have the 10th-highest paying job. But as we referenced earlier, this occupation ranks at the top in four of the 15 largest metro areas. Average earnings for chief executives exceed $242, 000 in the following metro areas: New York, Los Angeles, Dallas and Houston. Chief executives in the Houston-The Woodlands-Sugar Land, Texas metro area earn the most on average ($260, 450), but they are the most prevalent in Los Angeles-Long Beach-Anaheim, California, with roughly 9, 830 employees in the field (amounting to almost 169 per every 100, 000 workers).

The airline pilot, copilot & flight engineer job similarly ranks as the 12th-highest-paying job nationally, but is the top paid job in three metro areas:

In all three of those areas, average earnings for airline pilots, copilots & flight engineers are at least 29% higher than the national average for these workers ($186, 870). In fact, average earnings for airline pilots, copilots & flight engineers in the Detroit metro area are 38.60% higher than the national average for those in this occupation.

Top 10 Highest Paying Jobs In America

The table below shows the highest-paying job in all 15 largest metro areas; metro areas are ranked according to average earnings figures.

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Data for this report comes from the IRS and the Bureau of Labor Statistics’ May 2020 Occupational Employment and Wage Statistics data release. To find the highest-paying jobs in the U.S. and the 15 largest metro areas, we compared average (or mean) earnings across all occupations. We filtered out any occupation with “other” or “miscellaneous” in the title to maintain occupation specificity.

Stephanie Horan, CEPF®Stephanie Horan is a data journalist at . A Certified Educator of Personal Finance (CEPF®), she sources and analyzes data to write studies relating to a variety of topics including mortgage, retirement and budgeting. Before coming to , she worked as an analyst at an asset management firm. Stephanie graduated from Williams College with a degree in Mathematics. Originally from Philadelphia, she has always been a Yankees fan and currently lives in New York.

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