Average wages generally are higher for occupations requiring more education, though they don’t always track exactly. For example, occupations requiring a master’s degree paid $9,260 less on average per year than those needing a bachelor’s. That’s because most of the biggest occupations requiring a master’s are linked to relatively low-wage jobs in education, health care or community and social service.
The information comes from an August report by the U.S. Bureau of Labor Statistics, “BLS Statistics by Occupation.”
Other highlights from the report:
- $23,840, annual mean wage for occupations requiring less than a high school diploma as of May 2013.
- $41,170 annual mean wage for jobs requiring high school diploma or its equivalent.
- $60,080 for those requiring an associate’s degree.
- $79,590 for those typically requiring a bachelor’s degree for entry.
Sign up for Daily E-news
