The US is a country known for the well-managed life of the population residing there. It is one of the best countries to work in because of the broad job market that it provides. The work hours and pressure there are designed to keep employee comfort as a priority. The country has an abundance of opportunities in almost all industries and welcomes qualified international employees wholeheartedly. Before you move to the US to get one of your dream jobs, let us go through the average salary in US with the help of the following blog.
Read about: Average salary in Canada
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Average Salary In US
It is calculated considering all the different areas of the profession and the industries. It is the average money earned by a general working individual in the US.
- Yearly the average salary earned by an employee in the US is 94,500 USD
- The average highest salary per annum in the US is 421,700 USD
- The average lowest salary per annum in the US is 22,400 USD
To get a better understanding let’s see the average wages on a monthly basis:
- The average monthly salary in the US is 7,875 USD
- The average highest monthly salary in the US is 35,141 USD
- The average lowest monthly salary in the US is 1,866 USD
Note that it can differ based on several factors like educational qualification, experience, etc, and due to that can lie in the brackets or away from the averages too.
Average Salary In Different Cities Of The US
The range can vary in different cities of the US. To get you clarity, let’s look at different cities in the US is mentioned in the table below.
City | Salary Per Annum |
Austin | 111,700 USD |
Boston | 102,700 USD |
Washington D.C. | 105,200 USD |
San Francisco | 105,200 USD |
San Diago | 109,700 USD |
Phoenix | 108,200 USD |
New York | 121,800 USD |
New Orleans | 87,600 USD |
Miami | 92,100 USD |
Los Angeles | 116,400 USD |
Kent | 78,700 USD |
Chicago | 108,200 USD |
Industries With Highest Growth
Certain industries in the US are at their peak functioning and production, overwhelming the market with numerous jobs and employment opportunities. The following is the list of the industries that have seen a very good rate of growth in recent times:
Average Salary In US In Different Industries
The wages for different industrial sectors has a difference as the level of skills all the sectors and industries demand are with different proficiencies. The following table has the average salaries in major industrial sectors:
Industry | Average Salary Per Year |
Engineering | 97,979 USD |
Information technology | 89,792 USD |
Science | 91,257 USD |
Healthcare and pharma | 85,580 USD |
Social service | 85,580 USD |
Banking and Finance | 80,035 USD |
Insurance | 80,035 USD |
Source: Talent
Highest Paying Jobs In US
The highest-paying jobs in the US are in the medical sector. Following are the few highest-paying jobs:
- Cardiologists can earn 351,827 USD a year
- Anesthesiologists can make 326,296 USD per year
- Psychiatrists can have an average salary of 224,577 a year
- Surgeons can earn 216,248 as an average salary per year
Highest paying jobs outside of the medical profession are:
- The average salary of an enterprise architecture manager is 168,762 USD
- A quantitative analyst’s average salary is 153,539 USD
- A vice president earns an average of 151,358 USD per year
- Enterprise Architect has an average salary of 142,355 USD per year
Also Read: Part-time Jobs in the USA
Average Salary In US Based On Gender
The new age has been trying to combat all the gender differences in the workplace, however, certain aspects like average pay still face differences. The female employees in the US earn around 7% lower salaries compared to male employees. The following image shows the average salary for both genders along with differences.
Average Salary In US for Different Professions
The average salary for the different positions or professions is shown with the help of the table below:
Profession | Salary Per Year |
Accountant | 65,900 USD |
Accounting Associate | 49,300 USD |
Business analyst | 123,800 USD |
Auditing manager | 134,700 USD |
Budget manager | 142,300 USD |
Head receptionist | 55,300 USD |
Broadcast administrator | 103,600 USD |
Designer | 54,600 USD |
Event director | 165,900 USD |
Graphic designer | 62,300 USD |
Airline pilot | 161,300 USD |
Loan processing manager | 117,100 USD |
FAQs
Yes, the level of education has a very major effect on the salary. An employee with a bachelor’s degree earns around 25% compared to the employees with a diploma. Similarly, employees with master’s degrees earn 30% higher salaries than employees with bachelor’s degrees.
Yes, the level of experience is one of the most crucial aspects looked upon when it is decided for an employee. Experience gains your skills and knowledge which fetches you a good pay for it. An experience level of 2 to 5 years can get you a 35% higher salary compared to a fresher.
The pay raises in different industries in the US on a yearly basis are:
4% in Banking and Finance
3% in Information Technology
7% in Healthcare
2% in Travel and Tourism
1% in Education
6% in Architecture
This was all about the average salary in US, to read about more such informative blogs on salary and jobs-related topics, follow Jobs Abroad. To learn about studying abroad, follow Leverage Edu.
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