In honor of Labor Day, where does your profession rank in terms of popularity? USA Today says #1.
The median household income in the United States has increased
slightly over the past two years, but it is still down more than 6% from
the start of the recession. As of June, a U.S. family earned an
estimated median of $52,100 annually, according to Sentier Research.
This means that the vast majority of families, let alone individuals,
earn far less than the coveted six-figure annual salary that is often
associated with prosperity.
Of the more than 800 different
occupations considered in the Bureau of Labor Statistics' Occupational
Employment Statistics Database, only 30 earned an estimated median of
more than $100,000 annually. Psychiatrists were estimated to earn the
most, but there were less than 25,000 psychiatrists in the country in
2012. 24/7 Wall St. reviewed the occupations with a median annual salary
of more than $100,000 that employed the most people. Lawyers, for
example, earned a median annual salary of roughly $113,500, and there
are well more than half a million lawyers in the country. These are
America's most popular six-figure jobs.
• Employment: 581,920
• Median wage: $113,530
were well over half a million lawyers in the United States as of 2012,
making the profession the largest among those with a median wage of at
least $100,000 annually. Attorneys are required to first earn a
bachelor's degree. They then typically have to complete a law school
education and pass a state's bar exam. Lawyers can specialize in
criminal law, tax law, litigation or many other areas. However, in
recent years, many of the most lucrative positions — those at the firms
collectively known as Big Law — have disappeared. According to a July
report by The New Republic, most Big Law firms may soon disappear as
businesses cut costs and demand for high-cost legal services continues
24/7 Wall St. is a USA TODAY content partner
offering financial news and commentary. Its content is produced
independently of USA TODAY.