7 min read
10 In-Demand Jobs That Have High Salary in the US
The US Bureau of Labor Statistics regularly releases employment projections for a 10-year period. In this article, we will highlight the top 10 in-demand jobs that offer high earning potential. Let's explore the list below.
Updated Jul 28, 2024
10 in-demand jobs that have high salary in the USSoftware engineer
Median annual wage in May 2022: $124,200
Unlike software developers, software engineering involves the entire development cycle, from gathering requirements to deploying and maintaining the software.
This role is projected to grow by 25% from 2022 to 2032, which is faster than the average growth rate of all occupations. Software engineers are expected to continue growing alongside the expansion of software development for AI, the Internet of Things (IoT), and other automation applications.
In many cases, software engineers may encompass the work typically performed by software developers, QA analysts, and testers. They are responsible for various aspects of software development, including coding, architectural design, database management, and system integration.
In addition to providing technical support, software engineers are also expected to work closely with clients, users, and businesses. Therefore, in addition to proficiency in programming languages and other technical skills, software engineers should possess strong soft skills, such as effective communication, problem-solving, and adaptability in collaboration.
Product manager
Median annual wage in May 2022: $107,560
Product manager is one of the most in-demand occupations in the United States, with projections indicating about 15,300 job openings annually over the decade from 2022 to 2032.
While many manufacturing industries are expected to experience declining employment due to greater productivity, this does not apply to product managers. Product managers will continue to be in demand for their role in coordinating work activities aimed at increasing productivity.
This role is primarily responsible for ensuring that the product meets standards, examining product defects, and solving problems in the production process. Product managers work closely with other departments, including procurement, warehousing, research and design, and sales.
To become product managers, individuals usually need years of experience in supervisory or leadership positions. Freshers with majors in business or engineering are preferred and may start as supervisors or lower-level managers. However, in some cases, workers with a high school diploma and extensive production experience may qualify for the role after completing training programs lasting a few months.
Marketing specialist
Median annual wage in May 2022: $68,230
The increasing use of data and market research creates opportunities for marketing specialists in demand. Businesses require workers who understand the needs and preferences of customers to identify product demand and examine their marketing strategies.
Marketing specialists should have proficiency in interpreting data and forecasting future trends for their clients. They gather data on consumer habits, needs, and demographics, which are later analyzed to project the company’s position, product demand, and potential markets.
Typically, workers with a bachelor's degree are preferred for this role, although some employers may require candidates with a master's degree. Common degrees for market analyst candidates include those in market research, business, communications, or social science fields.
Since this role requires strong research and analytical skills, completing internships or gaining related experiences can be beneficial. Employers often prefer candidates who have experience in collecting and analyzing data.
Project manager
Median annual wage in May 2022: $99,740
Project managers typically require candidates with a bachelor's degree in construction, business, engineering, or a related field. In most cases, project managers learn management techniques through on-the-job training.
This is because project managers need to develop their practical skills in real-world scenarios. For example, newly hired construction project managers usually work under the guidance of experienced managers. This phase may last for several years until you qualify to demonstrate a particular level of knowledge and experience.
However, in some states, licenses can help enhance your expertise as a project manager. For instance, the Certified Construction Manager (CCM) credential demonstrates expertise in various aspects, including the manager’s role, risk allocation, and legal issues.
Equipping yourself with this certification can highlight your expertise and help you ensure project success from inception to execution and completion.
Data scientist
Median annual wage in May 2022: $103,500
The role of Data Scientist has seen significant growth due to the expansion of big data and increased demand for data-driven decisions. This demand has surged across various industries, including finance, technology, and retail.
A data scientist should possess expertise in analyzing large and complex datasets to extract meaningful insights. This involves proficiency in mathematics, statistics, and the demonstration of various methods and analytical tools.
Since the opportunities for data scientists span diverse fields, you might choose to focus on a particular area of work. For example, if you have a strong background in coding, you may specialize in system development, establishing machine learning algorithms, or enhancing web-browsing functions.
Information security analyst
Median annual wage in May 2022: $112,000
As of 2022, there are 168,900 job openings for this role, projected to grow to 222,200 employment by 2032.
The role of an information security analyst is crucial for helping businesses protect their systems and sensitive data from cyberattacks. Additionally, information security analysts are instrumental in creating an organization’s disaster recovery plan, which includes preventive measures and regular data transfers to offsite locations.
To become one, you typically need a bachelor’s degree in computer science or a related field. However, some employers prefer candidates with an MBA in information systems. Given the importance of staying up-to-date on IT security, it's recommended to acquire industry-standard certifications.
Attorney or lawyer
Median annual wage in May 2022: $135,740
Today, businesses, individuals, and all levels of government require legal services across many areas. The demand for this role is intricately tied to the complex compliance requirements of applicable laws and regulations.
In this sector, opportunities extend beyond law firms. Legal professionals are increasingly in demand within large corporations, as the high costs associated with legal expenses drive them to expand their in-house legal departments.
Becoming a legal professional typically requires seven years of study: four years of undergraduate study followed by three years of law school. However, it's possible to attend law school without a specific bachelor’s degree in law.
In the US, most states require prospective lawyers to graduate from an ABA-accredited law school, pass the written bar exam, and be acknowledged by an admitting board. If you wish to practice in multiple states, you must fulfill the licensing requirements for each state, which may also include continuing legal education to maintain licensure.
Accountant or editor
Median annual wage in May 2022: $78,000
Accountants and auditors require strict qualifications for candidates, including at least a bachelor's degree in accounting or a related field such as business. Some employers even prefer applicants with master's degrees or specialized degrees, such as internal auditing or tax accounting.
These qualifications are necessary because of the responsibility involved in ensuring the accuracy of an organization’s financial records and compliance with laws and regulations. To excel in job prospects and attract more clients, becoming a Certified Public Accountant (CPA) is recommended.
CPAs are licensed by the state’s Board of Accountancy, a process that involves passing a national exam and fulfilling state-specific requirements, including completing 150 semester hours of college coursework. However, some states may allow public accounting experience to substitute for a college degree over a certain period.
Some of the most common certifications include:
- Chartered Global Management Accountant (CGMA)
- Certified Government Financial Manager (CGFM)
- Certified Internal Auditor (CIA)
- Certified in Control Self-Assessment (CCSA)
- Certification in Risk Management Assurance (CRMA)
- Certified Management Accountant (CMA)
- Certified Information Systems Auditor (CISA)
Software developer
Median annual wage in May 2022: $127,260
Software developers primarily focus on developing software applications by writing code and implementing software solutions based on requirements. Becoming a software developer requires you to translate design specifications into functional ones using programming languages.
This role is projected to continue growing, with estimated numbers reaching 2,004,900 employment in 2032.
The increasing trend of products using software has enforced the demand for software developers. For instance, the development of software systems for consumer electronics is predicted to continue alongside the expansion of IoT connected devices and electric vehicles.
Since software developers work closely with software engineers, as an app developer, you can focus on specific areas of coding and programming. Cultivating a solid portfolio is strongly recommended to advance your career.
Financial manager
Median annual wage in May 2022: $139,790
The role of financial managers is needed across diverse industries, including banks, investments, and insurance companies. They act as advisors to top executives, creating financial reports, assisting in investment activities, and developing long-term financial goals for organizations.
Depending on the company or client’s needs, financial managers may be responsible for various finance-related tasks. Common types of financial managers include:
- Controllers
- Treasurer and finance officers
- Credit managers
- Cash managers
- Risk managers
- Insurance managers
They are typically required to obtain a bachelor’s degree and have 5 years or more experience in another business or financial occupation. Accountants are often promoted to financial manager after completing a certain period of work or demonstrating a level of expertise.
To summarize this article, as outlined in the explanations above, jobs closely related to technology, data analysis, and regulatory compliance are experiencing the fastest growth and in high demand. While computers may automate certain tasks, there are still many jobs that require a human touch.
Discover high-demand jobs with competitive salaries more easily with our AI Job Finder. Upload your CV now and get your customized job recommendations based on your profile.
Further reading:
Popular jobs in Singapore:
Elly Santi
SEO Content Writer
Topic tags
Share this article
Related Articles
Share this article