5 Hot Jobs That Pay More Than $150K and How To Land Them
It seemed like not too long ago, hitting that $100,000, six-figure salary meant you made it. But as the cost of living continues to increase, many are looking into the $150,000 range and beyond.
Many of these roles require experience, specialized skills and an advanced degree. Here’s a list of five in-demand jobs that pay more than $150,000 per year, along with the qualifications and experience typically needed to land them.
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1. Podiatrist
Average salary: $152,010
A podiatrist, who diagnoses and treats foot and ankle conditions and injuries, earns an average of around $152,000 per year, according to Indeed. The job requires a Doctor of Podiatric Medicine (DPM) degree from an accredited college of podiatric medicine, the Bureau of Labor Statistics (BLS) reported.
This program takes about four years to complete. Admission to the program also requires at least three years of undergraduate education, but most have a bachelor's in healthcare, biology or physical science.
After graduation, podiatrists must apply to and complete a podiatric medicine and surgery residency (PMSR) program. This can take several years. Podiatrists must also pass an exam and pay a fee to be licensed, a requirement in all states.
2. Mortgage Broker
Average salary: $171,198
Data from Indeed showed that mortgage brokers earn an average of $171,000 per year. Mortgage brokers connect homebuyers or homeowners with different mortgage lenders to help them find the best interest rates and loan terms.
Mortgage brokers must typically have a diploma and a postsecondary degree, take a pre-licensure course, pass the National Mortgage License System (NMLS) test and get their mortgage broker license, according to the Indeed Career Guide.
3. Dentist
Average salary: $237,920
It takes eight years to become a dentist, according to the BLS, or four years for a bachelor’s degree and four years of dental school. But if you pull through, the average pay for a dentist is $328,000, Indeed reported.
All dental specialties, including those that want to teach or research full-time, also require additional training before practicing. This is usually a two- or four-year residency in an accredited dental program related to the specialty. Oral and maxillofacial surgery programs typically take 4 to 6 years. However, general dentists do not need additional training.
4. Corporate Lawyer
Average salary: $198,997
Corporate lawyers, who make sure their clients follow laws and regulations and help them register with the federal government and prepare reports related to stocks and disclosures, earn an average salary of $199,000, according to Indeed.
To work as a corporate lawyer, Indeed also stated that you will need a bachelor’s degree from an accredited educational institution before passing the Law School Admissions Test (LSAT) and applying to law school. You must then earn your Juris Doctor (JD) degree by attending a law school accredited by the American Bar Association, which takes about three years.
After you pass the Uniform Bar Examination, you can get your license to practice corporate law; however, some states may have additional requirements.
5. AI/ML Engineer
Average salary: $151,395
An artificial intelligence/machine learning (AI/ML) engineer makes just over $151,000, according to Indeed. It’s a combination of software development and data science work where experts build intelligent, self-learning software.
According to Indeed, you first need to have a bachelor’s degree in a related field, such as computer science, data science, information technology, statistics or finance. In some cases, you may need to earn your master’s degree in a related field, such as data or cognitive science. After, Indeed recommends taking online courses and getting certifications to build your knowledge and skills in AI.
This article was provided by MoneyLion.com for informational purposes only and should not be construed as financial, legal or tax advice.
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