Do electricians make more than college graduates?

The median pay for an electrician is more than $55,000 per year, according to the U.S. Bureau of Labor Statistics (BLS). The average starting salary for Class of 2018 college grads was roughly $51,000.

Do college graduates make more money than tradesmen?

First, while college graduates earn more, on average, there are many occupations where trade workers earn more than degree holders. For example, the average secondary school teacher earns just $59,000. All seven of the highest-paying vocational jobs pay more than $59,000.

Who makes more money electricians or plumbers?

When it comes to income, electricians come out on top. An electrician in the U.S. earns an average of $51,880 each year. A plumber earns just a little less, with a median annual salary of $50,620.

Can plumbers make a lot of money?

CNBC Make It spoke with plumbers, students and administrators about the costs of training, how much plumbers really earn and what it’s like to work in the profession. According to the Bureau of Labor Statistics, the median pay for plumbers, pipefitters and steamfitters was $25.92 per hour and $53,910 per year in 2018.

Do plumbers make more than college graduates?

Blue-collar professionals such as plumbers and mechanics are earning more than the average salary for white-collar jobs — and they don’t require a traditional college degree, according to a recent Bloomberg report.

Do trades make more than college?

Compared to trade school jobs, college-based jobs tend to pay more. While both types of jobs pay more with experience, the wage gap between college-based careers and the trades actually increases as professionals advance along their career paths.

What is the highest paying trade in America?

Highest-paying trade careers

1. Licensed practical nurse. National average salary: $25.18 per hour.
2. HVAC technician. National average salary: $23.25 per hour.
3. Home inspector. National average salary: $52,066 per year.
4. Plumber. National average salary: $24.58 per hour.
5. Electrician.
6. Landscape designer.

Do plumbers make 100k?

A city plumber who clears out one toilet and one drain per day for 261 days a year can earn well over $100,000 annually. With a vocational training from a local trade school, a plumbing apprentice starts getting paid while simultaneously mastering their craft.

What type of plumber makes the most money?

The type of plumbing work you do and whether or not you own your own business can affect your earnings as a master plumber. According to the Department of Labor, among the highest paid in the industry are union members.

How much more do electricians make than plumbers?

The annual figure was exactly $80 more than the plumber average. The median income was $49,840 per year. The highest 10 percent of electricians earned at or above $82,930 per year, while the lowest 10 percent made at or below $30,420, which was slightly higher than the bottom range for plumbers.

Do trade workers make more money than college graduates?

First, while college graduates earn more, on average, there are many occupations where trade workers earn more than degree holders. For example, the average secondary school teacher earns just $59,000. All seven of the highest-paying vocational jobs pay more than $59,000. So, averages do not tell the entire story.

How much money does a plumber make a year?

The average income for plumbers as of May 2012 was $25.46 per hour or $52,950 per year, according to the BLS. Those in the top 10 percent of earners made $84,440 or more per year, while those in the bottom 10 percent made at or below $29,020.

Should I become a lawyer or a plumber?

A lawyer and plumber can both earn a good living. Yet, some lawyers and plumbers earn more than others in the same profession. Because income varies from person to person, the only way to accurately evaluate salaries is to compare the average earnings for each profession. Second, not all averages consider trade school.