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Salary

How much does a Master make?

The average salary for a Master is $41,632 per year in the US.

Earning a Master's degree can open many doors in the job market. The salary data shows a promising trend for those with a Master's degree. On average, individuals with a Master's make about $41,632 a year. This is a significant step up compared to those with just a bachelor’s degree or even a high school diploma.

The salary can vary depending on the field. For instance, someone with a Master's in engineering, law, or medicine may earn higher than average. Those with a Master's in business administration or education might see salaries that align more closely with the average. Below is a look at some common salary ranges for various Master’s degrees:

  • Engineering: $51,081 - $133,962
  • Law: $71,801 - $113,242
  • Medicine: $61,441 - $123,602
  • Business: $40,720 - $92,522
  • Education: $30,360 - $71,801
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What are the highest paying cities for a Master?

Stamford, Connecticut, stands out as the highest paying city for Master jobs, with an average salary of over $117,000. Washington, D.C., and Hartford, Connecticut, closely follow with salaries around $111,000 and $109,000, respectively. This shows that professionals in these cities can expect higher earnings for roles requiring a master’s degree. California cities like San Francisco and San Diego offer competitive salaries as well. Baltimore, Maryland, and Beaumont, Texas, also provide attractive salaries, making them good options for job seekers. Cities like Seattle, Portland, and New Orleans offer solid average salaries for Master positions, providing diverse opportunities across the country.
Graph displaying highest paying cities salaries for Master jobs, highlighting Stamford, CT with the highest at $117,811 and Portland, OR with the lowest at $94,760.
  1. Stamford, CT
    Average Salary: $117,811
    Stamford offers a thriving job market for experienced professionals. Companies like UBS and The Hartford value skilled leaders. They seek individuals who can drive projects and teams to success.
    Find Master jobs in Stamford, CT


  2. Washington, DC
    Average Salary: $110,957
    The capital city provides many opportunities for those in managerial roles. Agencies like the Department of Defense and NASA look for leaders with strong backgrounds. These positions often come with competitive benefits.
    Find Master jobs in Washington, DC


  3. Hartford, CT
    Average Salary: $108,745
    Hartford has a dynamic environment for seasoned managers. Firms like Travelers and Aetna offer growth opportunities. They are interested in leaders who can navigate complex business challenges.
    Find Master jobs in Hartford, CT


  4. San Francisco, CA
    Average Salary: $108,426
    San Francisco is a hub for tech and finance, attracting top talent. Companies like Salesforce and Google seek managers who can innovate. The competitive salary and benefits are a major draw for professionals.
    Find Master jobs in San Francisco, CA


  5. New Orleans, LA
    Average Salary: $103,716
    New Orleans combines a vibrant culture with professional opportunities. Companies such as Entergy and Capital One value leaders who can balance business goals with community engagement. The city's unique charm adds to the experience.
    Find Master jobs in New Orleans, LA


  6. San Diego, CA
    Average Salary: $100,410
    San Diego offers a strong job market for skilled managers. Defense contractors like General Atomics and tech firms like Qualcomm look for leaders with proven track records. The city's pleasant climate also enhances the quality of life.
    Find Master jobs in San Diego, CA


  7. Baltimore, MD
    Average Salary: $98,909
    Baltimore has a growing economy with opportunities for experienced leaders. Firms like Black & Decker and Under Armour seek managers who can drive growth. The city's diverse culture and affordable living make it an attractive option.
    Find Master jobs in Baltimore, MD


  8. Beaumont, TX
    Average Salary: $96,443
    Beaumont provides a supportive environment for seasoned professionals. Companies such as ExxonMobil and DuPont look for leaders who can manage large teams. The city's strong community ties offer a welcoming atmosphere.
    Find Master jobs in Beaumont, TX


  9. Seattle, WA
    Average Salary: $94,931
    Seattle is known for its tech industry and offers many managerial roles. Companies like Amazon and Microsoft seek leaders who can handle fast-paced environments. The city’s vibrant lifestyle adds to the appeal.
    Find Master jobs in Seattle, WA


  10. Portland, OR
    Average Salary: $94,760
    Portland has a strong demand for skilled managers. Companies such as Nike and Providence Health seek leaders who can innovate. The city’s focus on sustainability and quality of life attracts many professionals.
    Find Master jobs in Portland, OR

What are the best companies a Master can work for?

Kennedy/Jenks Consultants leads the pack with an average salary of $192,500. Following closely is Deloitte, offering $180,795 on average. LB&B Associates secures the third spot, with professionals earning around $161,718 annually. For those seeking high pay, Piper Companies and Curtin Maritime present strong options. Piper Companies pays an average of $148,219, while Curtin Maritime offers $120,820. These companies show that a master's degree can lead to a lucrative career.
Graph displaying best paying company salaries for Master jobs, highlighting Kennedy/Jenks Consultants with the highest at $192,500 and CERTIFIED FLEET SERVICES with the lowest at $99,684.
  1. Kennedy/Jenks Consultants
    Average Salary: $192,500
    Kennedy/Jenks Consultants offers a variety of roles for Master graduates. They focus on consulting and engineering services. The company operates across multiple locations in the United States.


  2. Deloitte
    Average Salary: $180,795
    Deloitte provides diverse opportunities for Masters in fields such as consulting and auditing. They have a global presence with offices in many countries, offering dynamic work environments.


  3. LB&B Associates
    Average Salary: $161,718
    LB&B Associates employs Masters in strategic communications and marketing. The company operates primarily in the United States, providing innovative solutions for their clients.


  4. Piper Companies
    Average Salary: $148,219
    Piper Companies hires Masters for roles in sales and marketing. They operate across various locations in the U.S., emphasizing growth and development for their employees.


  5. Curtin Maritime
    Average Salary: $120,820
    Curtin Maritime offers opportunities for Masters in marine engineering and operations. They are active in maritime services, with a significant presence in major ports across the U.S.


  6. Cotler Healthcare
    Average Salary: $120,000
    Cotler Healthcare provides roles for Masters in healthcare management. The company operates healthcare facilities and services across several states in the U.S.


  7. Everlight Solar
    Average Salary: $118,098
    Everlight Solar employs Masters in renewable energy and sustainability. They focus on solar energy solutions and operate in various locations in the United States.


  8. Relativity Space
    Average Salary: $101,392
    Relativity Space offers positions for Masters in aerospace engineering. They are a leader in developing affordable space launch solutions and operate in California.


  9. ARS/Rescue Rooter
    Average Salary: $101,346
    ARS/Rescue Rooter provides roles for Masters in plumbing and HVAC services. The company operates nationwide, focusing on residential and commercial plumbing solutions.


  10. CERTIFIED FLEET SERVICES
    Average Salary: $99,684
    CERTIFIED FLEET SERVICES employs Masters in fleet management and logistics. They offer comprehensive fleet services across several locations in the United States.

How to earn more as a Master?

Earning more with a Master's degree can be a smart move. This higher level of education often leads to higher pay. Employers usually value the advanced skills and knowledge that come with a Master's degree. People with these degrees often take on more responsibility in their roles. This can lead to promotions and higher salaries.

Here are some factors to consider for increasing earnings with a Master's degree:

  1. Specialization: Choose a Master's program that focuses on a specialized field. This can make you an expert in a niche area. Companies often pay more for specialized skills.
  2. Industry demand: Research which industries value Master's degrees the most. Fields like technology, healthcare, and finance often offer higher salaries for advanced degrees.
  3. Networking: Use your Master's program to build a strong professional network. Connecting with alumni and industry leaders can open doors to higher-paying jobs.
  4. Work experience: Combine your Master's degree with relevant work experience. Employers often prefer candidates with both advanced education and practical skills.
  5. Continuous learning: Stay updated with the latest trends and skills in your field. This can make you more valuable to employers and lead to higher pay.

Currently 1,494 Master job openings, nationwide.

How's the job market for a Master in the US?

Learn what a Master does, how to become one, and understand the job outlook. Get simple steps to start your career as a Master today.
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