Highest paying jobs in New York City that require a graduate degree (2022)

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Highest paying jobs in New York City that require a graduate degree

Those with graduate degrees earn more on average than those without them—but not all jobs are equal. And while rising tuition costs are enough to turn people away from the prospect of a master’s or doctoral degree, many high-paying professions still require such degrees to get in the door. Stacker compiled a list of the highest- paying jobs that require a graduate degree in New York-Newark-Jersey City, NY-NJ-PA using data from the Bureau of Labor Statistics. Jobs are ranked by 2020 annual mean wage.

The best way to guarantee a high return on investment in a graduate degree is to be aware of professions that pay top-dollar for that added educational investment. Keep reading to see where a graduate degree is required—and can earn you the most.

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Worawee Meepian // Shutterstock

#50. Administrative law judges, adjudicators, and hearing officers

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $109,510 (#26 highest pay among all metros)
- Employment: 1,360

National
- Annual mean salary: $102,050 (14,570 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Sacramento--Roseville--Arden-Arcade, CA ($145,340)
--- Kansas City, MO-KS ($139,930)
--- Riverside-San Bernardino-Ontario, CA ($139,150)

Job description: Conduct hearings to recommend or make decisions on claims concerning government programs or other government-related matters. Determine liability, sanctions, or penalties, or recommend the acceptance or rejection of claims or settlements.

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Pressmaster // Shutterstock

#49. Art, drama, and music teachers, postsecondary

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $110,910 (#8 highest pay among all metros)
- Employment: 9,410

National
- Annual mean salary: $84,780 (91,170 employed)
- Entry level education requirements: Master’s degree
- Metros with highest average pay:
--- Los Angeles-Long Beach-Anaheim, CA ($122,920)
--- Minneapolis-St. Paul-Bloomington, MN-WI ($115,740)
--- Rochester, NY ($115,080)

Job description: Teach courses in drama, music, and the arts including fine and applied art, such as painting and sculpture, or design and crafts. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

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luchschenF // Shutterstock

#48. Biochemists and biophysicists

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $112,040 (#5 highest pay among all metros)
- Employment: 4,100

National
- Annual mean salary: $104,810 (32,010 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- San Jose-Sunnyvale-Santa Clara, CA ($145,020)
--- Cincinnati, OH-KY-IN ($132,280)
--- Minneapolis-St. Paul-Bloomington, MN-WI ($131,720)

Job description: Study the chemical composition or physical principles of living cells and organisms, their electrical and mechanical energy, and related phenomena. May conduct research to further understanding of the complex chemical combinations and reactions involved in metabolism, reproduction, growth, and heredity. May determine the effects of foods, drugs, serums, hormones, and other substances on tissues and vital processes of living organisms.

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Canva

#47. Statisticians

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $112,100 (#9 highest pay among all metros)
- Employment: 1,720

National
- Annual mean salary: $97,170 (38,860 employed)
- Entry level education requirements: Master’s degree
- Metros with highest average pay:
--- San Francisco-Oakland-Hayward, CA ($127,080)
--- San Jose-Sunnyvale-Santa Clara, CA ($120,850)
--- Boston-Cambridge-Nashua, MA-NH ($118,900)

Job description: Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as biostatistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.

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Lucky Business // Shutterstock

#46. Chemistry teachers, postsecondary

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $112,410 (#7 highest pay among all metros)
- Employment: 2,090

National
- Annual mean salary: $94,630 (21,530 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Los Angeles-Long Beach-Anaheim, CA ($140,380)
--- Salt Lake City, UT ($136,630)
--- College Station-Bryan, TX ($136,080)

Job description: Teach courses pertaining to the chemical and physical properties and compositional changes of substances. Work may include providing instruction in the methods of qualitative and quantitative chemical analysis. Includes both teachers primarily engaged in teaching, and those who do a combination of teaching and research.

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Tulane Public Relations // Wikimedia Commons

#45. Sociology teachers, postsecondary

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $113,820 (#4 highest pay among all metros)
- Employment: 1,570

National
- Annual mean salary: $85,180 (13,420 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Los Angeles-Long Beach-Anaheim, CA ($130,150)
--- Providence-Warwick, RI-MA ($123,960)
--- San Diego-Carlsbad, CA ($117,690)

Job description: Teach courses in sociology. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

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I. Noyan Yilmaz // // Shutterstock

#44. Environmental science teachers, postsecondary

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $113,930 (#4 highest pay among all metros)
- Employment: 420

National
- Annual mean salary: $94,520 (5,860 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Los Angeles-Long Beach-Anaheim, CA ($150,620)
--- Minneapolis-St. Paul-Bloomington, MN-WI ($125,850)
--- Seattle-Tacoma-Bellevue, WA ($124,540)

Job description: Teach courses in environmental science. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

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Gorodenkoff // Shutterstock

#43. Mathematical science teachers, postsecondary

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $114,960 (#7 highest pay among all metros)
- Employment: 4,050

National
- Annual mean salary: $86,760 (49,550 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Los Angeles-Long Beach-Anaheim, CA ($147,770)
--- Fresno, CA ($129,330)
--- Ann Arbor, MI ($126,580)

Job description: Teach courses pertaining to mathematical concepts, statistics, and actuarial science and to the application of original and standardized mathematical techniques in solving specific problems and situations. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

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Gorodenkoff // Shutterstock

#42. Computer science teachers, postsecondary

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $115,040 (#14 highest pay among all metros)
- Employment: 2,910

National
- Annual mean salary: $98,680 (32,230 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Los Angeles-Long Beach-Anaheim, CA ($153,430)
--- College Station-Bryan, TX ($150,480)
--- San Diego-Carlsbad, CA ($143,650)

Job description: Teach courses in computer science. May specialize in a field of computer science, such as the design and function of computers or operations and research analysis. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

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Monkey Business Images // Shutterstock

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#41. Area, ethnic, and cultural studies teachers, postsecondary

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $115,670 (#4 highest pay among all metros)
- Employment: 1,290

National
- Annual mean salary: $88,790 (9,960 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- San Francisco-Oakland-Hayward, CA ($143,090)
--- Rochester, NY ($133,150)
--- San Diego-Carlsbad, CA ($121,010)

Job description: Teach courses pertaining to the culture and development of an area, an ethnic group, or any other group, such as Latin American studies, women's studies, or urban affairs. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

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National Eye Institute // Flickr

#40. Medical scientists, except epidemiologists

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $116,610 (#20 highest pay among all metros)
- Employment: 8,920

National
- Annual mean salary: $101,800 (126,110 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Vallejo-Fairfield, CA ($143,800)
--- New Haven, CT ($142,330)
--- Bridgeport-Stamford-Norwalk, CT ($136,230)

Job description: Conduct research dealing with the understanding of human diseases and the improvement of human health. Engage in clinical investigation, research and development, or other related activities.

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Jacob Lund // Shutterstock

#39. Physics teachers, postsecondary

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $119,430 (#9 highest pay among all metros)
- Employment: 1,090

National
- Annual mean salary: $101,290 (13,670 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Rochester, NY ($160,370)
--- College Station-Bryan, TX ($148,480)
--- San Diego-Carlsbad, CA ($141,180)

Job description: Teach courses pertaining to the laws of matter and energy. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

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Jacob Lund // Shutterstock

#38. Biological science teachers, postsecondary

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $119,770 (#11 highest pay among all metros)
- Employment: 4,130

National
- Annual mean salary: $101,320 (51,500 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Little Rock-North Little Rock-Conway, AR ($195,730)
--- San Diego-Carlsbad, CA ($161,980)
--- Salt Lake City, UT ($147,290)

Job description: Teach courses in biological sciences. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

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Suzanne M. Day // Wikimedia Commons

#37. Nurse midwives

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $121,050 (#8 highest pay among all metros)
- Employment: 400

National
- Annual mean salary: $115,540 (7,120 employed)
- Entry level education requirements: Master’s degree
- Metros with highest average pay:
--- Los Angeles-Long Beach-Anaheim, CA ($191,440)
--- Riverside-San Bernardino-Ontario, CA ($171,000)
--- San Jose-Sunnyvale-Santa Clara, CA ($167,870)

Job description: Diagnose and coordinate all aspects of the birthing process, either independently or as part of a healthcare team. May provide well-woman gynecological care. Must have specialized, graduate nursing education.

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S√∏ren Fuglede J√∏rgensen // Wikimedia Commons

#36. Mathematicians

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $122,630 (#5 highest pay among all metros)
- Employment: 170

National
- Annual mean salary: $112,530 (2,460 employed)
- Entry level education requirements: Master’s degree
- Metros with highest average pay:
--- Washington-Arlington-Alexandria, DC-VA-MD-WV ($138,160)
--- San Francisco-Oakland-Hayward, CA ($135,980)
--- Trenton, NJ ($131,570)

Job description: Conduct research in fundamental mathematics or in application of mathematical techniques to science, management, and other fields. Solve problems in various fields using mathematical methods.

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Grace Nichols // U.S. Air Force

#35. Pharmacists

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $123,290 (#229 highest pay among all metros)
- Employment: 20,360

National
- Annual mean salary: $125,460 (315,470 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Madera, CA ($165,350)
--- Santa Maria-Santa Barbara, CA ($162,540)
--- Vallejo-Fairfield, CA ($161,120)

Job description: Dispense drugs prescribed by physicians and other health practitioners and provide information to patients about medications and their use. May advise physicians and other health practitioners on the selection, dosage, interactions, and side effects of medications.

#34. Atmospheric, earth, marine, and space sciences teachers, postsecondary

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $124,300 (#8 highest pay among all metros)
- Employment: 1,370

National
- Annual mean salary: $104,710 (11,750 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Boston-Cambridge-Nashua, MA-NH ($147,900)
--- Los Angeles-Long Beach-Anaheim, CA ($138,440)
--- College Station-Bryan, TX ($135,290)

Job description: Teach courses in the physical sciences, except chemistry and physics. Includes both teachers primarily engaged in teaching, and those who do a combination of teaching and research.

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Matej Kastelic // Shutterstock

#33. Business teachers, postsecondary

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $125,130 (#21 highest pay among all metros)
- Employment: 7,760

National
- Annual mean salary: $107,270 (79,810 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Ann Arbor, MI ($174,050)
--- College Station-Bryan, TX ($172,650)
--- Durham-Chapel Hill, NC ($149,740)

Job description: Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

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Austin Community College // Flickr

#32. Veterinarians

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $127,400 (#26 highest pay among all metros)
- Employment: 2,980

National
- Annual mean salary: $108,350 (73,710 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Houston-The Woodlands-Sugar Land, TX ($169,220)
--- Bridgeport-Stamford-Norwalk, CT ($150,370)
--- Akron, OH ($150,330)

Job description: Diagnose, treat, or research diseases and injuries of animals. Includes veterinarians who conduct research and development, inspect livestock, or care for pets and companion animals.

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Jacob Lund // Shutterstock

#31. Anthropology and archeology teachers, postsecondary

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $127,900 (#2 highest pay among all metros)
- Employment: 630

National
- Annual mean salary: $98,740 (5,590 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Los Angeles-Long Beach-Anaheim, CA ($133,450)
--- New York-Newark-Jersey City, NY-NJ-PA ($127,900)
--- Boston-Cambridge-Nashua, MA-NH ($109,560)

Job description: Teach courses in anthropology or archeology. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

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Monkey Business Images // Shutterstock

#30. Political science teachers, postsecondary

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $129,420 (#4 highest pay among all metros)
- Employment: 1,390

National
- Annual mean salary: $100,970 (15,130 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Boston-Cambridge-Nashua, MA-NH ($163,420)
--- Providence-Warwick, RI-MA ($144,260)
--- San Diego-Carlsbad, CA ($129,530)

Job description: Teach courses in political science, international affairs, and international relations. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

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Chatham House // Flickr

#29. Political scientists

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $131,110 (#2 highest pay among all metros)
- Employment: 40

National
- Annual mean salary: $124,100 (6,010 employed)
- Entry level education requirements: Master’s degree
- Metros with highest average pay:
--- Baltimore-Columbia-Towson, MD ($156,110)
--- New York-Newark-Jersey City, NY-NJ-PA ($131,110)
--- Washington-Arlington-Alexandria, DC-VA-MD-WV ($130,790)

Job description: Study the origin, development, and operation of political systems. May study topics, such as public opinion, political decisionmaking, and ideology. May analyze the structure and operation of governments, as well as various political entities. May conduct public opinion surveys, analyze election results, or analyze public documents.

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Ohiodominican // Wikimedia Commons

#28. Physician assistants

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $131,370 (#43 highest pay among all metros)
- Employment: 11,440

National
- Annual mean salary: $116,080 (125,280 employed)
- Entry level education requirements: Master’s degree
- Metros with highest average pay:
--- Salinas, CA ($168,220)
--- Waterbury, CT ($165,230)
--- Portsmouth, NH-ME ($158,020)

Job description: Provide healthcare services typically performed by a physician, under the supervision of a physician. Conduct complete physicals, provide treatment, and counsel patients. May, in some cases, prescribe medication. Must graduate from an accredited educational program for physician assistants.

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GaudiLab // Shutterstock

#27. Engineering teachers, postsecondary

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $131,690 (#8 highest pay among all metros)
- Employment: 1,660

National
- Annual mean salary: $114,130 (38,520 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- College Station-Bryan, TX ($162,430)
--- Washington-Arlington-Alexandria, DC-VA-MD-WV ($142,380)
--- Austin-Round Rock, TX ($141,860)

Job description: Teach courses pertaining to the application of physical laws and principles of engineering for the development of machines, materials, instruments, processes, and services. Includes teachers of subjects such as chemical, civil, electrical, industrial, mechanical, mineral, and petroleum engineering. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

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Monkey Business Images // Shutterstock

#26. Nurse practitioners

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $133,380 (#26 highest pay among all metros)
- Employment: 13,760

National
- Annual mean salary: $114,510 (211,280 employed)
- Entry level education requirements: Master’s degree
- Metros with highest average pay:
--- Vallejo-Fairfield, CA ($188,070)
--- San Francisco-Oakland-Hayward, CA ($177,800)
--- Salinas, CA ($155,310)

Job description: Diagnose and treat acute, episodic, or chronic illness, independently or as part of a healthcare team. May focus on health promotion and disease prevention. May order, perform, or interpret diagnostic tests such as lab work and x rays. May prescribe medication. Must be registered nurses who have specialized graduate education.

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U.S. Air Force

#25. Epidemiologists

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $134,580 (#1 highest pay among all metros)
- Employment: 270

National
- Annual mean salary: $83,620 (7,500 employed)
- Entry level education requirements: Master’s degree
- Metros with highest average pay:
--- New York-Newark-Jersey City, NY-NJ-PA ($134,580)
--- Cincinnati, OH-KY-IN ($122,520)
--- Seattle-Tacoma-Bellevue, WA ($121,560)

Job description: Investigate and describe the determinants and distribution of disease, disability, or health outcomes. May develop the means for prevention and control.

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Syda Productions // Shutterstock

#24. Economics teachers, postsecondary

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $136,580 (#12 highest pay among all metros)
- Employment: 1,710

National
- Annual mean salary: $123,720 (13,080 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Providence-Warwick, RI-MA ($180,450)
--- Rochester, NY ($175,010)
--- Pittsburgh, PA ($171,450)

Job description: Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

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Kzenon // Shutterstock

#23. Optometrists

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $138,000 (#40 highest pay among all metros)
- Employment: 1,660

National
- Annual mean salary: $125,440 (36,690 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Columbia, SC ($228,340)
--- New Haven, CT ($186,950)
--- Evansville, IN-KY ($182,980)

Job description: Diagnose, manage, and treat conditions and diseases of the human eye and visual system. Examine eyes and visual system, diagnose problems or impairments, prescribe corrective lenses, and provide treatment. May prescribe therapeutic drugs to treat specific eye conditions.

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Jacob Lund // Shutterstock

#22. Architecture teachers, postsecondary

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $138,930 (#1 highest pay among all metros)
- Employment: 850

National
- Annual mean salary: $100,820 (6,910 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- New York-Newark-Jersey City, NY-NJ-PA ($138,930)
--- Providence-Warwick, RI-MA ($117,380)
--- Springfield, MA-CT ($106,330)

Job description: Teach courses in architecture and architectural design, such as architectural environmental design, interior architecture/design, and landscape architecture. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

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Gorodenkoff // Shutterstock

#21. Computer and information research scientists

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $139,340 (#10 highest pay among all metros)
- Employment: 1,370

National
- Annual mean salary: $130,890 (30,220 employed)
- Entry level education requirements: Master’s degree
- Metros with highest average pay:
--- San Jose-Sunnyvale-Santa Clara, CA ($170,890)
--- San Francisco-Oakland-Hayward, CA ($163,330)
--- Portland-Vancouver-Hillsboro, OR-WA ($150,090)

Job description: Conduct research into fundamental computer and information science as theorists, designers, or inventors. Develop solutions to problems in the field of computer hardware and software.

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Canva

#20. Health specialties teachers, postsecondary

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $142,910 (#17 highest pay among all metros)
- Employment: 18,340

National
- Annual mean salary: $124,890 (200,040 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Hartford-West Hartford-East Hartford, CT ($211,500)
--- Jackson, MS ($195,830)
--- Portland-Vancouver-Hillsboro, OR-WA ($176,930)

Job description: Teach courses in health specialties, in fields such as dentistry, laboratory technology, medicine, pharmacy, public health, therapy, and veterinary medicine.

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NNSA // Flickr

#19. Law teachers, postsecondary

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $144,890 (#6 highest pay among all metros)
- Employment: 2,500

National
- Annual mean salary: $134,760 (14,930 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Nashville-Davidson--Murfreesboro--Franklin, TN ($190,320)
--- Omaha-Council Bluffs, NE-IA ($180,020)
--- Tallahassee, FL ($164,590)

Job description: Teach courses in law. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

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David Bibo // Wikimedia Commons

#18. Education administrators, kindergarten through secondary

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $146,070 (#2 highest pay among all metros)
- Employment: 21,130

National
- Annual mean salary: $103,010 (262,480 employed)
- Entry level education requirements: Master’s degree
- Metros with highest average pay:
--- Modesto, CA ($154,970)
--- New York-Newark-Jersey City, NY-NJ-PA ($146,070)
--- Bridgeport-Stamford-Norwalk, CT ($145,590)

Job description: Plan, direct, or coordinate the academic, administrative, or auxiliary activities of kindergarten, elementary, or secondary schools.

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Petekub // Shutterstock

#17. Economists

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $153,610 (#1 highest pay among all metros)
- Employment: 820

National
- Annual mean salary: $120,880 (17,520 employed)
- Entry level education requirements: Master’s degree
- Metros with highest average pay:
--- New York-Newark-Jersey City, NY-NJ-PA ($153,610)
--- San Francisco-Oakland-Hayward, CA ($148,980)
--- Washington-Arlington-Alexandria, DC-VA-MD-WV ($142,580)

Job description: Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

#16. Physicists

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $159,290 (#3 highest pay among all metros)
- Employment: 1,050

National
- Annual mean salary: $137,700 (16,160 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Hartford-West Hartford-East Hartford, CT ($170,690)
--- San Francisco-Oakland-Hayward, CA ($164,420)
--- New York-Newark-Jersey City, NY-NJ-PA ($159,290)

Job description: Conduct research into physical phenomena, develop theories on the basis of observation and experiments, and devise methods to apply physical laws and theories.

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Highest paying jobs in New York City that require a graduate degree (36)

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Sebastian Duda // Shutterstock

#15. Judges, magistrate judges, and magistrates

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $160,620 (#13 highest pay among all metros)
- Employment: 1,610

National
- Annual mean salary: $131,850 (28,550 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- San Francisco-Oakland-Hayward, CA ($211,940)
--- Riverside-San Bernardino-Ontario, CA ($210,160)
--- Orlando-Kissimmee-Sanford, FL ($185,950)

Job description: Arbitrate, advise, adjudicate, or administer justice in a court of law. May sentence defendant in criminal cases according to government statutes or sentencing guidelines. May determine liability of defendant in civil cases. May perform wedding ceremonies.

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Jacob Lund // Shutterstock

#14. Education administrators, postsecondary

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $162,490 (#7 highest pay among all metros)
- Employment: data not available

National
- Annual mean salary: $115,200 (140,880 employed)
- Entry level education requirements: Master’s degree
- Metros with highest average pay:
--- Ithaca, NY ($205,810)
--- Augusta-Richmond County, GA-SC ($178,210)
--- Charlottesville, VA ($176,040)

Job description: Plan, direct, or coordinate student instruction, administration, and services, as well as other research and educational activities, at postsecondary institutions, including universities, colleges, and junior and community colleges.

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#13. General internal medicine physicians

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $167,060 (#92 highest pay among all metros)
- Employment: 8,390

National
- Annual mean salary: $210,960 (50,600 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Rochester, MN ($315,830)
--- Charlotte-Concord-Gastonia, NC-SC ($314,080)
--- Wichita Falls, TX ($311,260)

Job description: Diagnose and provide nonsurgical treatment for a wide range of diseases and injuries of internal organ systems. Provide care mainly for adults and adolescents, and are based primarily in an outpatient care setting.

Highest paying jobs in New York City that require a graduate degree (39)

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#12. Dentists, general

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $169,090 (#168 highest pay among all metros)
- Employment: 6,860

National
- Annual mean salary: $180,830 (95,920 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Dover-Durham, NH-ME ($286,540)
--- North Port-Sarasota-Bradenton, FL ($278,790)
--- Portland-South Portland, ME ($278,390)

Job description: Examine, diagnose, and treat diseases, injuries, and malformations of teeth and gums. May treat diseases of nerve, pulp, and other dental tissues affecting oral hygiene and retention of teeth. May fit dental appliances or provide preventive care.

Highest paying jobs in New York City that require a graduate degree (40)

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#11. Podiatrists

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $172,400 (#13 highest pay among all metros)
- Employment: 1,040

National
- Annual mean salary: $151,110 (9,710 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Youngstown-Warren-Boardman, OH-PA ($229,330)
--- Virginia Beach-Norfolk-Newport News, VA-NC ($226,260)
--- Charlotte-Concord-Gastonia, NC-SC ($221,380)

Job description: Diagnose and treat diseases and deformities of the human foot.

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Highest paying jobs in New York City that require a graduate degree (41)

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#10. Orthodontists

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $172,640 (#6 highest pay among all metros)
- Employment: data not available

National
- Annual mean salary: $237,990 (5,040 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Tulsa, OK ($286,050)
--- Los Angeles-Long Beach-Anaheim, CA ($262,340)
--- Washington-Arlington-Alexandria, DC-VA-MD-WV ($255,620)

Job description: Examine, diagnose, and treat dental malocclusions and oral cavity anomalies. Design and fabricate appliances to realign teeth and jaws to produce and maintain normal function and to improve appearance.

Highest paying jobs in New York City that require a graduate degree (42)

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(Video) The 10 Highest Paying Jobs With A Bachelor's Degree (2022) - GET THESE DEGREES!!

#9. Pediatricians, general

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $173,290 (#48 highest pay among all metros)
- Employment: 3,650

National
- Annual mean salary: $184,570 (27,550 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Riverside-San Bernardino-Ontario, CA ($280,860)
--- State College, PA ($275,730)
--- Salt Lake City, UT ($275,610)

Job description: Diagnose, treat, and help prevent diseases and injuries in children. May refer patients to specialists for further diagnosis or treatment, as needed.

Highest paying jobs in New York City that require a graduate degree (43)

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Rappaport Center // Wikimedia Commons

#8. Lawyers

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $180,160 (#5 highest pay among all metros)
- Employment: 81,650

National
- Annual mean salary: $148,910 (658,120 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- San Jose-Sunnyvale-Santa Clara, CA ($231,610)
--- San Francisco-Oakland-Hayward, CA ($201,920)
--- Washington-Arlington-Alexandria, DC-VA-MD-WV ($186,070)

Job description: Represent clients in criminal and civil litigation and other legal proceedings, draw up legal documents, or manage or advise clients on legal transactions. May specialize in a single area or may practice broadly in many areas of law.

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LightField Studios // Shutterstock

#7. Psychiatrists

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $193,060 (#70 highest pay among all metros)
- Employment: 3,990

National
- Annual mean salary: $217,100 (25,540 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Riverside-San Bernardino-Ontario, CA ($297,710)
--- Santa Rosa, CA ($289,580)
--- Kansas City, MO-KS ($287,220)

Job description: Diagnose, treat, and help prevent mental disorders.

Highest paying jobs in New York City that require a graduate degree (45)

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#6. Family medicine physicians

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $207,450 (#166 highest pay among all metros)
- Employment: 3,980

National
- Annual mean salary: $214,370 (98,590 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Bloomsburg-Berwick, PA ($309,800)
--- Napa, CA ($302,040)
--- Gadsden, AL ($292,110)

Job description: Diagnose, treat, and provide preventive care to individuals and families across the lifespan. May refer patients to specialists when needed for further diagnosis or treatment.

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Highest paying jobs in New York City that require a graduate degree (46)

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Unsplash

#5. Surgeons, except ophthalmologists

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $214,810 (#69 highest pay among all metros)
- Employment: 2,970

National
- Annual mean salary: $251,650 (37,900 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Sioux City, IA-NE-SD ($305,480)
--- Akron, OH ($297,710)
--- Lincoln, NE ($296,150)

Job description: Diagnose and perform surgery to treat and prevent rheumatic and other diseases in the musculoskeletal system.

Highest paying jobs in New York City that require a graduate degree (47)

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#4. Nurse anesthetists

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $218,380 (#12 highest pay among all metros)
- Employment: 1,660

National
- Annual mean salary: $189,190 (41,960 employed)
- Entry level education requirements: Master’s degree
- Metros with highest average pay:
--- Duluth, MN-WI ($271,940)
--- Ann Arbor, MI ($262,890)
--- Green Bay, WI ($239,140)

Job description: Administer anesthesia, monitor patient's vital signs, and oversee patient recovery from anesthesia. May assist anesthesiologists, surgeons, other physicians, or dentists. Must be registered nurses who have specialized graduate education.

Highest paying jobs in New York City that require a graduate degree (48)

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#3. Obstetricians and gynecologists

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $222,410 (#38 highest pay among all metros)
- Employment: 2,080

National
- Annual mean salary: $239,120 (18,900 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Milwaukee-Waukesha-West Allis, WI ($294,450)
--- Tulsa, OK ($294,400)
--- Albuquerque, NM ($292,740)

Job description: Provide medical care related to pregnancy or childbirth. Diagnose, treat, and help prevent diseases of women, particularly those affecting the reproductive system. May also provide general care to women. May perform both medical and gynecological surgery functions.

Highest paying jobs in New York City that require a graduate degree (49)

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#2. Oral and maxillofacial surgeons

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $228,190 (#5 highest pay among all metros)
- Employment: 170

National
- Annual mean salary: $234,990 (4,120 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Washington-Arlington-Alexandria, DC-VA-MD-WV ($272,110)
--- Grand Rapids-Wyoming, MI ($264,030)
--- Reading, PA ($254,370)

Job description: Perform surgery and related procedures on the hard and soft tissues of the oral and maxillofacial regions to treat diseases, injuries, or defects. May diagnose problems of the oral and maxillofacial regions. May perform surgery to improve function or appearance.

Highest paying jobs in New York City that require a graduate degree (50)

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#1. Anesthesiologists

New York-Newark-Jersey City, NY-NJ-PA
- Annual mean salary: $240,440 (#22 highest pay among all metros)
- Employment: 2,560

National
- Annual mean salary: $271,440 (28,590 employed)
- Entry level education requirements: Doctoral or professional degree
- Metros with highest average pay:
--- Pittsburgh, PA ($307,390)
--- Duluth, MN-WI ($306,350)
--- Tallahassee, FL ($303,600)

Job description: Administer anesthetics and analgesics for pain management prior to, during, or after surgery.

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FAQs

What is the highest paying job you can get with a masters degree? ›

1. Nurse Anesthetist. A nurse anesthetist position is one of the highest paying jobs with a master's degree. Nurse anesthetists assist anesthesiologist physicians when general anesthesiology is required for surgery or another procedure.

What job makes the most money in New York City? ›

What careers are in high demand in New York? ›

Top 10 Fastest-Growing Careers in New York
  • Registered Nurse. Average Annual Salary: $93,320 (New York) ...
  • Real Estate Agent. Average Annual Salary: $81,020 (New York) ...
  • Administrative Assistant. ...
  • Transportation and Storage Associate. ...
  • Retail Manager. ...
  • Home Health Aide. ...
  • Direct Support Professional. ...
  • Nursing Assistant.
26 May 2022

What is the highest paying job with a bachelor degree? ›

Highest Paying Jobs With a Bachelor's Degree
RankMajorMid-Career Pay
Rank:1Petroleum EngineeringMid-Career Pay:$187,300
2Operations Research & Industrial EngineeringMid-Career Pay:$170,400
3Electrical Engineering & Computer Science (EECS)Mid-Career Pay:$159,300
4Interaction DesignMid-Career Pay:$155,800
21 more rows

Which master's degree is most in demand? ›

A Master of Business Administration degree, or MBA , is the most popular graduate degree available. It is valuable to those who work in a wide range of business management areas, including marketing, finance, accounting, supply chain management and sales.

Which Master degree is best for future? ›

Best Graduate Degrees for the Future
  • Marketing.
  • Human resources.
  • Business ethics.
  • Business law.
  • Accounting.
  • Finance.
  • Economics.
  • Business policies.

What is good money in NYC? ›

Total: $2,524.50 per month. That's $30,294 per year after taxes, which means that to live a reasonably comfortable life in New York City, a single person would need to make a salary of roughly $40,000 per year.

What is the most popular job in New York City? ›

Detailed List Of The Most Common Jobs In New York, NY
RankJob TitleCount
1Internship67,725
2Sales Associate47,015
3Cashier41,533
4Administrative Assistant36,045
88 more rows
24 May 2022

What city jobs pay the most? ›

16 U.S. Cities with the Highest Salary (Median)
1. San Jose, California ($75,770)9. Denver, CO ($53,060)
2. San Francisco, California ($64,990)10. San Diego, CA ($53,020)
3. Washington, D.C. ($64, 930)11. Los Angeles, CA ($53,000)
4. Boston, MA ($60,540)12. Baltimore, MD ($52,460)
5 more rows

What is the most affordable place to live in NYC? ›

Here are a few more affordable neighborhoods in NYC to check out.
  • Washington Heights (Manhattan)
  • Flatbush (Brooklyn)
  • Inwood (Manhattan)
  • Murray Hill (Manhattan)
  • Sunnyside (Queens)
  • Bedford Park (The Bronx)
  • All areas of Staten Island.
10 Oct 2019

Are salaries higher in New York City? ›

The average salary in NYC is well above the national average. The average household income in the U.S. is $91,547, according to the 2020 Census ACS. Therefore, the $107,000 NYC average salary comes in at approximately 14% higher than the national average.

What is the highest paying job in the world? ›

The highest paying career in the world is a Neurosurgeon. This is a highly trained surgeon that has chosen to specialise in, diagnose and surgically treat disorders of the central and peripheral nervous system.

How can I make 100k a year with a bachelor's degree? ›

Best jobs with a bachelor's degree that pay over $100,000 per year
  1. Sales executive.
  2. Compensation manager.
  3. Economist.
  4. Actuary.
  5. Risk manager.
  6. Strategy manager.
  7. Chief financial officer.
  8. Loan officer.
8 Feb 2021

What 2 year degree makes the most money? ›

What Are the Highest-Paying Associate Degrees?
  • Electrical Engineering. ...
  • Aeronautics. ...
  • MRI Technology. ...
  • Radiology Technology. ...
  • Respiratory Therapy. ...
  • Occupational Therapy. ...
  • Mechanical Engineering. ...
  • Network Engineering. Network engineers design, administer, and maintain local and wide area network systems.

What is the easiest degree with highest pay? ›

8 Easy Degrees That Pay Well
  • Business Administration. Business administration is one major that is usually considered “easy.” Some programs will also only take 3 years to finish! ...
  • English. ...
  • Human Resources. ...
  • Criminal Justice. ...
  • Marketing. ...
  • Supply Chain Management. ...
  • Psychology. ...
  • Communication.
6 Jul 2022

Which degree is most employable? ›

Degrees With Most Job Opportunities
  • Computing Science. It is not a surprise that computer science is one of the most employable degrees. ...
  • Medicine. ...
  • Finance. ...
  • Engineering. ...
  • Architecture. ...
  • Psychology.
25 Jul 2022

Which master's degree is most in demand in USA 2022? ›

A Master of Business Administration, or MBA, is one of the most highly sought-after master's degrees globally and a stepping stone to C-suites jobs at big organisations.

What Masters will get me a job? ›

Top ten postgraduate subjects for employability
  • Medicine-related degrees.
  • Architecture, Building and Planning. ...
  • Social Studies. ...
  • Physical Sciences. ...
  • Computer Science. ...
  • Medicine and Dentistry. ...
  • Agriculture and related subjects. Postgraduate employability: 76.4% ...
  • Engineering and Technology. Postgraduate employability: 76.3% ...

What masters are worth it? ›

High-paying jobs with master's degrees
  1. Health care administrator. National average salary: $101,340 per year, according to the U.S. Bureau of Labor Statistics (BLS) ...
  2. Industrial production manager. ...
  3. Mathematician. ...
  4. Physician assistant. ...
  5. Chemical engineer. ...
  6. Economist. ...
  7. Chief executive officer. ...
  8. Computer scientist.

Which subject is best for Masters? ›

Most Valuable Master's Degrees
  1. Information Systems. ...
  2. Petroleum Engineering. ...
  3. Marketing. ...
  4. Finance. ...
  5. Political Science. ...
  6. Nurse Anesthesia. ...
  7. Physician Assistant Studies. ...
  8. Computer Science.
28 Aug 2020

What should I do after my masters degree? ›

Professional Development and Continuing Education
  1. Teaching.
  2. Mentorship.
  3. Research.
  4. Networking.
  5. Workshops.
  6. Professional conferences.
  7. Certificates.
  8. Volunteer work.
29 Apr 2019

What salary is comfortable in NYC? ›

The survey determined that an individual needs to make an annual salary of $66,434 after taxes to live comfortably live in New York and New Jersey.

What is a livable salary in NYC? ›

Living Wage Calculation for New York County, New York
1 ADULT2 ADULTS (1 WORKING)
0 Children2 Children
Living Wage$25.42$46.06
Poverty Wage$6.19$12.74
Minimum Wage$15.00$15.00

What salary is considered rich in NYC? ›

In New York City, you'll need to make at least $144,541 to be considered a “rich” person in the top 20% of the city's 8 million-plus residents. The ultra-rich, or the top 5% of earners in NYC, make way more: $585,902 on average, according to the analysis.

How do I find a good job in NYC? ›

Getting a job in NYC
  1. Set specific goals. Knowing exactly what kind of job you want can give you an advantage when you are looking for a job in New York City. ...
  2. Give yourself a deadline. ...
  3. Network. ...
  4. Be flexible. ...
  5. Volunteer your time. ...
  6. Do some research. ...
  7. Explore the neighborhoods. ...
  8. Know your commute.

What is required to work in NYC? ›

Working in New York

To work in New York you will need a work visa or a Green Card. These can only be issued by the authorities (US embassy or consulate) before you travel to the United States.

Where can I find well paying jobs? ›

These steps can help you to find a higher paying position:
  1. Excel in your current position. ...
  2. Make professional connections. ...
  3. Build your skills. ...
  4. Take on new responsibilities. ...
  5. Research your current salary. ...
  6. Discuss internal options. ...
  7. Check job listings. ...
  8. Update your resume and apply.

Where is the best paid jobs in the world? ›

1. Chief Executive Officer (CEO) Chief Executive Officer is one of the highest paying jobs in the world. The average salary of a CEO in India is around Rs.

What state has highest salary? ›

While average incomes are significantly lower in these states, the livable wages are too because of overall lower costs of living.
...
Here are the 10 states with the highest average incomes:
  • California - $111,622.
  • Hawaii - $107,348.
  • Virginia - $106,023.
  • New York - $105,304.
  • Washington - $103,669.
  • New Hampshire - $101,292.

What is a high salary? ›

Salary between AUD$90,000 – AUD$108,000 annually or AUD$7,500 – AUD$9,000 monthly is considered a good salary in Australia. That said, the national average is about AUD$90,000 per year. In major cities such as Sydney and Melbourne, you can expect a higher salary of around AUD$110,000 – AUD$150,000. What is this?

Where is the safest place to live in NYC? ›

Roosevelt Island

With a violent crime rate of 4 per 1,000 residents, it has become one of the safest neighborhoods in Manhattan.

Where is rent cheapest in NYC? ›

The Bronx neighborhood of Bedford Park has the lowest median rent in the city—$1,558 for a one bedroom. Parkchester is the second most affordable neighborhood in the Bronx (where the median rent for a one bedroom is $1,600) and Kingsbridge is the third most affordable.

Is it cheaper to live in Brooklyn or Queens? ›

The average cost to rent in Brooklyn is around $3,000 compared to $2,600 for Queens. Of course, you can find cheaper options in both boroughs, but you might be giving up other amenities such as entertainment, nightlife, and access to public transportation.

What is upper class in NYC? ›

If we only focus on income, in New York City, a household with an income of $200,000 a year saving $10,000 of that income every year is considered upper class.

What is upper middle class salary in NYC? ›

Due to COVID-19, my updated calculation for an upper middle class lifestyle and an upper class lifestyle in 2020 are $366,000and $716,000, respectively. This requires an income of $665,000 and $1.3 million at a 45% income tax rate. Not everyone needs to lead an upper class or upper middle class lifestyle to be happy.

Can you live on 50k a year in NYC? ›

I definitely think you can live comfortably on a salary of $50,000, even in New York City,” says Haskins. “It's an expensive city, but I think if you know where your money is going and you recognize what your priorities are, it's totally doable.”

What job gives you the most money per hour? ›

Highest-Paying Careers
RankOccupation2021 Median Wages
Employment column one Hourly
1Anesthesiologists$100.00+
1Cardiologists$100.00+
1Dermatologists$100.00+
7 more rows

What will be the highest paying job in 2030? ›

10 Top High-Paying Jobs in 2030
  1. Registered nurse.
  2. General and operations manager. ...
  3. Accountant. ...
  4. Applications software developer. ...
  5. Personal financial advisor. ...
  6. Physical therapist. ...
  7. Nurse practitioner. ...
  8. Physician assistant. ...
2 Jul 2017

What is the lowest paying job? ›

25 of the Lowest Paying Jobs
  • Food-Preparation Workers. ...
  • Gambling Dealers. ...
  • Gambling Change Persons and Booth Cashiers. ...
  • Parking Lot Attendants. ...
  • Non-Farm Animal Caretakers. ...
  • Maids and Housekeepers. ...
  • Entertainment Attendants and Related Workers. ...
  • Shoe Machine Operators and Tenders.
13 Sept 2022

Is a master's degree worth it? ›

Nearly two-thirds (61%) of graduates with a master's degree will earn more than the median bachelor's degree holder, according to the CEW. It's even higher for doctoral (73%) and professional (83%) degree holders. Having a higher degree could also strengthen your ability to stay employed during economic downturns.

What careers can you get with a master's degree? ›

Top 25 Careers that Require a Master's Degree
CareerMedian Salary (2017)Projected Growth Rate (2016-2026)
Post-secondary Teacher$76,00015%
Computer and Information Research Scientist$114,52019%
School or Career Counselor$43,37014%
Economist$102,4906%
21 more rows
7 Dec 2018

Do masters degrees pay off? ›

In 2013, the median annual wage for full-time workers ages 25 and over whose highest level of education was a master's degree was $68,000, compared with $56,000 for those whose highest level was a bachelor's degree—a $12,000 a year wage premium.

What can you do after a masters degree? ›

Professional Development and Continuing Education
  1. Teaching.
  2. Mentorship.
  3. Research.
  4. Networking.
  5. Workshops.
  6. Professional conferences.
  7. Certificates.
  8. Volunteer work.
29 Apr 2019

Is a 1 year Masters degree worth it? ›

If there is a clear goal in your mind and you are content in your field, a one-year Masters programme is a great choice. People with longer work experience and a proven quantitative aptitude tend to prefer this type of programme, because they can handle the intensity of the coursework.

Do Masters make you more employable? ›

The good news is that research suggests further study does have a career benefit. Graduates with a Masters degree appear to be more employable. Many also go on to earn more over their lifetime. Higher overall employment for postgraduates is obviously good news if you're considering a Masters degree.

Why do so many jobs require a Masters degree? ›

Why Employers Look for Master's Degrees. The majority of employers, 74% according to recent polls, have raised educational standards for entry-level positions. Companies want employees with advanced degrees because they know graduate training helps people become more proficient in their fields.

What is the highest paying occupation? ›

Highest Paying Occupations
OCCUPATION2021 MEDIAN PAY
General internal medicine physiciansThis wage is equal to or greater than $208,000 per year
Family medicine physiciansThis wage is equal to or greater than $208,000 per year
Emergency medicine physiciansThis wage is equal to or greater than $208,000 per year
17 more rows

What is the average age to get a Masters degree? ›

The average age at which Americans earn an undergraduate degree is an estimated 23.7 years old, for master's degrees the average age is an estimated 28.92 years old and for doctoral degrees, the average age at graduation is an estimated 33.15 years old.

Is a PHD worth it financially? ›

Having a PhD is worth almost $17k more per year than someone with the same amount of experience.
...
Regression Analysis.
95% Confidence Intervals
PhD$11,500$22,300
Manager$7,600$14,600
3 more rows

How do people afford Masters degrees? ›

To start, consider a 1-2-3 approach to paying for graduate school.
  1. Start with money you don't have to pay back. Supplement your savings by applying for scholarships, grants, fellowships, and assistantship positions.
  2. Explore federal student loans. ...
  3. Consider a responsible, private graduate school loan.

Does a PhD increase salary? ›

According to the U.S. Bureau of Labor Statistics (BLS), in 2020, doctoral degree holders earned a median weekly salary over 20% higher than those with a bachelor's degree. Master's degree salaries were also significantly higher—over 18% greater than those who stopped their higher education at the bachelor's level.

What's higher than PhD? ›

The Doctor of Divinity (DDiv) and the Doctor of Civil Law (DCL) are considered by Oxford to outrank all other degrees, including a Doctor of Medicine (MD) degree. The DDiv is usually awarded for academic accomplishments beyond the PhD level.

Does a master's degree make you overqualified? ›

A majority (72 percent) of recruiters believe applicants with a master's degree would likely be overqualified for an average entry-level position. If you are looking to hire a candidate who has earned a master's degree, certain majors and occupations may have a larger pool of qualified candidates.

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