According to the most recent ranking published by U.S. News & World Report, occupations in the health care industry continue to be among the highest-paying industries in the nation.
According to information obtained from the Bureau of Labor Statistics and collated by U.S. News, anesthesiologists have been identified as the highest-paid employees in the United States, with an annual mean income of $267,020. Oral surgeons and surgeons in general round out the top three vocations with the greatest potential earnings, while jobs in the medical field occupy nine of the top ten positions overall.
These well-paying health care occupations do, however, demand extensive training that comes at a premium price. The Association of American Medical Colleges estimates that the total cost of attending medical school for four years will be around $250,000 for students attending public institutions and $330,180 for those attending private colleges. But it may be worth it in the end for those that complete it: According to data conducted by the Brookings Institution, physicians have a greater chance than members of any other profession to be in the top 1 percent of income.
Over the course of the whole list, there are a total of 14 positions that call for a doctoral degree; of those, all but one are associated with the medical industry. According to U.S. News, the social services sector of the economy is home to the profession of lawyer, which brings in annual mean salary of $144,230.
Only a bachelor's degree is required for entry into nine of the highest-paying professions, all of which pay more than $100,000 annually.
Petroleum engineer is the career that pays the most and often just takes a four-year college degree to enter the field. The average salary for this position is $156,370 per year. In order to design and develop ways for extracting oil and gas from resources located below the surface of the earth, petroleum engineers normally work in an office setting and sometimes go to drilling sites. According to U.S. News, despite the fact that petroleum engineering is regarded to be the most financially lucrative undergraduate degree, working in this industry may be very stressful and time-consuming.
In 2020, the position of pilot will make its first appearance on the list, with an annual salary of $146,660. Although a college degree is not generally needed for the position of pilot, there are several airlines that do recruit individuals who have earned a bachelor's degree. Additionally, pilots are required to complete training in order to get a commercial pilot's license as well as an Airline Transport Pilot certificate from the Federal Aviation Administration. Candidates for jobs in the aviation industry are often subjected to psychological and aptitude tests in order for the company to evaluate how well they can think critically and make decisions under pressure.
Other high-paying positions that often just need a bachelor's degree include those in the fields of engineering, information technology, sales and marketing, and business.
According to U.S. News & World Report, the following are the top 25 positions in terms of salary in the year 2020.
25. Political scientist
The average pay is 115 300 dollars per year.
Sector: the social service sector
Required level of education is a master's degree.
24- The Actuary
Mean salary: $116,250 per year
Business and Commercial Activity
Required level of education is a bachelor's degree.
23. Optometrist
Mean salary: $119,980 per year
Sector: Health care industry
Required level of education is a doctorate.
22. Financial advisor
Mean salary: $121,770 per year
Business and Commercial Activity
Required level of education is a bachelor's degree.
21. Pharmacist (Pharmacy)
Mean salary: $123,670 per year
Sector: Health care industry
Required level of education is a doctorate.
20. Manager of Business Operations and Operations
Mean salary: $123,880 per year
Business and Commercial Activity
Required level of education is a bachelor's degree.
19. Sales manager
Mean salary: $140,320 per year
Business: advertising and customer service
Required level of education is a bachelor's degree.
18. Lawyer
Mean salary: $144,230 per year
Sector: the social service sector
Required level of education is a doctorate.
17. Pilot
Annually, this equates to a mean wage of $146,600.
Sector: the social service sector
Required level of education is a bachelor's degree.
16. Financial manager
Mean salary: $146,830 per year
Business and Commercial Activity
Required level of education is a bachelor's degree.
15. Marketing manager
Mean salary: $147,240 per year
Business: advertising and customer service
Required level of education is a bachelor's degree.
14. Podiatrist
The average pay is 148,220 dollars per year.
Sector: Health care industry
Required level of education is a doctorate.
13. IT manager
Mean salary: $152,860 per year
Technology: the Industrial Sector
Required level of education is a bachelor's degree.
12. Petroleum engineer
Annually, this equates to a mean wage of $156,370.
The Manufacturing Sector: Engineering
Required level of education is a bachelor's degree.
11. Nurse Anesthetist in Obstetrics and Gynecology
Mean salary: $174,790 per year
Sector: Health care industry
Required level of education is a master's degree.
The Council on Accreditation of Nurse Anesthesia Educational Schools has mandated that beginning on January 1, 2025, all nurse anesthesia programs in the United States will be required to confer a PhD degree in order to qualify students for admittance into the field of nurse anesthesia practice.
10. Dentist
Mean salary: $175,840 per year
Sector: Health care industry
Required level of education is a doctorate.
9. Pediatrician
Mean salary: $183,240 per year
Sector: Health care industry
Required level of education is a doctorate.
8. prosthodontic specialist
The average annual wage is $191,400.
Sector: Health care industry
Required level of education is a doctorate.
7. Medical doctor
Mean salary: $196,490 per year
Sector: Health care industry
Required level of education is a doctorate.
6. Consulting Psychiatrist
Mean salary: $220,380 per year
Sector: Health care industry
Required level of education is a doctorate.
5. Dental or orthodontic specialist
Mean salary: $225,760 per year
Sector: Health care industry
Required level of education is a doctorate.
4. Gynecologist who also specializes in obstetrics
Mean salary: $238,320 per year
Sector: Health care industry
Required level of education is a doctorate.
3. Surgeons that specialize in oral and maxillofacial surgery
Mean salary: $242,370 per year
Sector: Health care industry
Required level of education is a doctorate.
2. Surgeon
Mean salary: $255,110 per year
Sector: Health care industry
Required level of education is a doctorate.
1. A specialist in anesthesia
Mean salary: $267,020 per year
Sector: Health care industry
Required level of education is a doctorate.