Which skilled trades makes the most money
Skilled trades are an essential component of the economy. Tradespeople build and maintain the infrastructure that society relies on, such as homes, buildings, and transportation networks. If you are considering a career in the skilled trades, it’s natural to wonder which trades offer the most financial stability and job security.
According to the US Department of Labor and the Bureau of Labor Statistics, residential construction trades generally pay the least. These trades include earthwork, foundation and masonry work, framing, roofing, siding, insulation, drywall, painting, trim work, flooring, and countertop installation. Despite being well-known, these trades do not pay well, making them a less desirable option.
The second group of trades includes electricians, plumbers, HVAC technicians, high-end woodworking and trim work, and higher-end tile installation. These trades tend to pay more, but they also require some experience or certification from a trade school or community college. An employer will not pay an inexperienced worker the same as an experienced worker, so it is challenging to start in one of these trades without any experience.
For those without experience in these trades, getting a job can be difficult. One option is to gain some experience by working in one of the lower-paying residential trades for a year. This experience will give you an understanding of the industry and provide a foundation for pursuing a higher-paying trade.
To succeed in the skilled trades, it is important to create value for yourself as an employee. This can be done by developing a strong work ethic and a willingness to learn. Once you’ve developed some skills, it is also essential to market yourself effectively to potential employers. By emphasizing your experience and the value you bring to the table, you can stand out from other candidates and secure a job in the skilled trades.
In conclusion, when it comes to the skilled trades, there are trades that pay well and those that do not. Residential construction trades pay the least, while electricians, plumbers, HVAC technicians, and high-end woodworking and tile installation trades pay more. Gaining experience and developing a strong work ethic are essential steps for building a career in the skilled trades. With dedication and hard work, it is possible to build a successful and financially stable career in the skilled trades.
Skilled trades are an excellent career path for those who want to work with their hands and earn a good living. However, not all skilled trades are created equal in terms of earnings potential. In this article, we will detail the most lucrative skilled trades, along with the actual wages they command.
It’s important to note that while wages can vary depending on location, experience, and education, the figures we present are based on national averages from the U.S. Bureau of Labor Statistics (BLS).
According to the BLS, the highest-paid skilled trades are:
-
Elevator Installers and Repairers: These skilled tradespeople install, maintain, and repair elevators, escalators, and other lifting devices. They typically earn a median wage of $87,920 per year.
-
Electrical Power-Line Installers and Repairers: These skilled tradespeople install and repair electrical power systems, including transmission lines and substations. They typically earn a median wage of $77,450 per year.
-
Boilermakers: These skilled tradespeople construct, install, and repair boilers and other vessels that hold liquids and gases. They typically earn a median wage of $66,360 per year.
-
Aircraft Mechanics and Service Technicians: These skilled tradespeople repair and maintain airplanes, helicopters, and other aircraft. They typically earn a median wage of $65,230 per year.
-
Plumbers, Pipefitters, and Steamfitters: These skilled tradespeople install and repair pipes that carry liquids or gases. They typically earn a median wage of $57,070 per year.
-
HVAC Mechanics and Installers: These skilled tradespeople install and repair heating, ventilation, and air conditioning systems. They typically earn a median wage of $51,420 per year.
-
Carpenters: These skilled tradespeople build, install, and repair structures made of wood, including buildings, furniture, and cabinets. They typically earn a median wage of $49,520 per year.
-
Welders, Cutters, Solderers, and Brazers: These skilled tradespeople use heat to join metal parts together. They typically earn a median wage of $45,190 per year.
-
Electricians: These skilled tradespeople install and repair electrical systems in homes, businesses, and other buildings. They typically earn a median wage of $48,500 per year.
-
Construction Equipment Operators: These skilled tradespeople operate heavy equipment, such as bulldozers and cranes, to move materials and perform construction work. They typically earn a median wage of $48,160 per year.
While these skilled trades have the highest earning potential, it’s worth noting that some trades, like welding and carpentry, can also be lucrative if the worker specializes in a particular niche, such as underwater welding or high-end woodworking.
It’s also worth noting that wages can vary depending on location, experience, and education. However, the figures we’ve presented here are a good starting point for those interested in pursuing a career in the skilled trades.
| Service | Hourly Rate (USD) |
|---|---|
| Plumbing | 80 |
| Electrical | 85 |
| HVAC | 90 |
| Carpentry | 70 |
| Landscaping | 65 |
| Surface Repair | 60 |
| Earthwork | 75 |
| Foundation/Masonry | 80 |
| Framing | 70 |
| Roofing | 75 |
| Siding | 65 |
| Insulation | 60 |
| Drywall | 60 |
| Painting | 55 |
| Trim Work | 60 |
| Pressure Washing | 50 |
| House Cleaning | 45 |
| Junk Removal | 50 |
| Appliance Repair | 70 |
| Engine Repair | 75 |
| Window Installing | 65 |
| Solar Installs | 80 |
| Flooring | 65 |
| Installing Premium Tiles | 70 |
| Garage Door Repair | 70 |
| Security System Installation | 85 |