Highest Paying Trades | Resources | NSHSS | National Society of High School Scholars (2024)

Highest Paying Trades

Many high school students and their parents mistakenly believe that trade schools do not lead to high-paying jobs. However, according to Talent.com and Glassdoor, the median wage for skilled trade jobs is between $48,000 and $104,000 annually. Most of these jobs can be filled after attending a community college or trade school for a 2-year degree or certificate. Job opportunities vary widely, and career fields range from medicine to mechanics.

It is no surprise that the highest-paying trades are in the fields of infrastructure and construction, advanced mechanics, and engineering. Trades in these industries pay at least $50k annually, with demand increasing as few high school students enter trade programs. The eight skilled trades pay the most out of trade school or community college.

Construction Management – Median salary $98,890 per year

Construction management jobs are most in demand in nonresidential construction and highway construction. The starting salary for construction management jobs is $51,429 per year, and it takes two years on average to complete a construction management associate’s degree or certificate. It takes about 5 to 7 years of experience to reach an average salary of $98,890 annually, and top construction managers easily earn six figures.

Elevator Installers and Repairers – Average journeyman’s salary is $97,900 per year

Elevator mechanics are in high demand simply because there are not enough people entering the trade. It is necessary to enter the field as an apprentice through a union or other nonprofit organization supporting the trade. This apprenticeship lasts up to 4 years and starts at $47,400 per year. Journeymen elevator mechanics earn an average of $97,900 annually, and master mechanics and elevator engineers earn up to $130,900 annually.

A community college, trade school, or university is not required to get a job as an elevator mechanic apprentice. However, having general mechanical knowledge from a 2-year program can help you get accepted into elevator mechanic apprenticeship programs.

Aircraft Mechanics – Average salary $71,115 per year

Although aircraft mechanics only spend 18 to 20 months in school, an aviation trade school costs about the same as obtaining a 4-year degree at a public college. However, aviation mechanics is a worthwhile career for students who excel in mechanics and hands-on learning. Starting aircraft mechanics earn $54,248 on average, with the median salary of aircraft mechanics at $71,115 annually. Some types of aviation mechanic jobs pay up to 6-figures. The average salary for a jet mechanic is $86,030 per year.

Boilermakers – Range from $58,500 to $84,000 per year

Boilermakers are among the highest-paying trades requiring the least time in trade school. Boilermakers are welders that specialize in boilers and other large containers. The pay for boilermakers varies greatly depending on the industry in which they are employed, their experience, and the danger involved.

All boilermakers must pass a welding test and be accepted as an apprentice. A welding trade school program prepares you for this process. The apprentice’s starting pay is about $48,750 per year. It takes 7 to 8 years to become a journeyman, and the average pay for journeymen boilermakers can range from $57,000 to $84,000 depending on industry and other factors.

Electricians – Median Salary $66,200 per year

Electricians are needed in many sectors, but industrial electricians earn the most. Industrial electricians spend two years in trade school to be accepted as apprentices in a union program offering on-the-job training. Staring pay for apprentice electricians is $61,464 per year, and journeymen earn an average of $66,200 per year. One must spend 12,000 hours in on-the-job training to become a master electrician, who earns an average of $86,600 per year

How to enter the highest-paying trades

The trades that pay the most require either community college or trade school to get started. The NSHSS Community College and Trade School Scholarship assists high school students with tuition for these trades.

Highest Paying Trades | Resources | NSHSS | National Society of High School Scholars (2024)

FAQs

Highest Paying Trades | Resources | NSHSS | National Society of High School Scholars? ›

It is no surprise that the highest-paying trades are in the fields of infrastructure and construction, advanced mechanics, and engineering. Trades in these industries pay at least $50k annually, with demand increasing as few high school students enter trade programs.

Can you make 6 figures in a trade? ›

It takes six to eight years from trade school graduation to reach a six-figure income as a construction manager. This is only two to four years more on-the-job experience than required after obtaining a four-year degree.

Which skilled trade pays the most? ›

According to the BLS, the highest-paid skilled trade professionals include construction managers and elevator and escalator installers. These professionals earn median salaries of $104,900 and $102,420 per year, respectively.

What is the easiest highest paying trade? ›

Plumbing is one of the easiest high-paying trade jobs to get into, as it requires just a high school diploma and no prior experience. That, coupled with a median salary of around $60,000, makes it another vocation for those who want to learn a skill quickly and start earning just as fast.

What jobs are golden collar? ›

The term "gold-collar" jobs refers to highly-skilled professionals in high-demand fields, such as doctors, lawyers, engineers, pilots and scientists.

What is a yellow collar job? ›

Yellow-collar jobs

An individual in a yellow-collar profession may or may not need a college degree, though it may help them hone their creative skills and capabilities, making them a more marketable candidate for a creative position. Some yellow-collar jobs include: Photographers. Creative writers. Filmmakers.

What is a red collar job? ›

Red collar – Government workers of all types; derived from compensation received from red ink budget. In China, it also refers to Communist Party officials in private companies. New collar – Develops technical and soft skills through nontraditional education paths.

What is the quickest trade to learn? ›

What is the shortest trade school? Medical assistant programs generally take the least amount of time to complete. Students can finish their training in as little as eight weeks.

What is the easiest trade to learn? ›

Carpentry is one of the easiest trades to learn. It involves constructing and repairing structures made from wood, such as houses, furniture, and other wooden objects. Carpenters typically use hand tools like saws, hammers, chisels, planes and drills to create their projects.

Can you become a millionaire from a trade? ›

It is theoretically possible to become a millionaire through scalping trading, but it is important to understand that this is a very difficult and risky way to try to achieve this goal. Scalping trading involves making multiple trades within a short period of time, often trying to profit from small movements in price.

Does trading make you a millionaire? ›

Yes, it is possible to make money in stock trading. Some people have actually made millions trading in markets day in day out.

Can you make a lot of money with trading? ›

You can also earn a huge number of profits from stock trading or by selling your stocks at the time when they are at their peak price, but you need to go back and monitor your portfolio on a real-time basis to know when is the right time to do the same.

Can trading make you a billionaire? ›

With dedication, knowledge, and the right approach, anyone can aspire to join the elite club of billionaire traders. Becoming a billionaire trader begins with a commitment to education. It's essential to understand the various financial markets and the assets they encompass.

References

Top Articles
Latest Posts
Article information

Author: Laurine Ryan

Last Updated:

Views: 5738

Rating: 4.7 / 5 (57 voted)

Reviews: 88% of readers found this page helpful

Author information

Name: Laurine Ryan

Birthday: 1994-12-23

Address: Suite 751 871 Lissette Throughway, West Kittie, NH 41603

Phone: +2366831109631

Job: Sales Producer

Hobby: Creative writing, Motor sports, Do it yourself, Skateboarding, Coffee roasting, Calligraphy, Stand-up comedy

Introduction: My name is Laurine Ryan, I am a adorable, fair, graceful, spotless, gorgeous, homely, cooperative person who loves writing and wants to share my knowledge and understanding with you.