New York’s GDP by per capita has risen steadily in recent years and currently stands at around $75,131.
New York is known as one of the most expensive places to live in the United States, especially if you live in the city. But the good news is that there are plenty of high-paying jobs for skilled professionals in New York.
Are you currently looking for a job in New York? Looking for a job next year? Either way, this guide can help you plan your future accordingly.
This guide features the highest paying jobs in New York, the highest paying industries in New York, and the highest paying jobs in New York for college graduates. You will also find a breakdown of the diplomas of the best students who work if they also want to obtain these positions.
What salary is considered highest in New York?
Before we talk about the best paying jobs in New York, it’s important to talk about the type of salary you need to earn if you want to live comfortably and be considered “wealthy” in this part of the United States.
The average New Yorker earns $95,178 a year. However, the median salary here is only $52,000.
To be one of the highest earners in New York, you need to earn well over $150,000 a year. But the closer you get to $200,000 a year, the better off you’ll be, especially if you live or plan to live in New York City.
Remember that the cost of living in New York (especially in the city) is very high. For a family of 4, the monthly cost (without rent) averages just under $5,000, and one person spends about $13,500 per month (without rent). In terms of rent, the rent in New York is 34.51% higher than in Los Angeles (another very expensive American city).
Of course, you have to make a lot of money a year if you want to make a living here and have a lot of disposable income.
What is the #1 highest paid job in New York?
The highest paying career in New York is that of consultant and sales representative.
If you pay well to sell, you can earn an average salary of $243,938 per year (more than double the median salary in New York). Even salespeople can make a lot of money in New York (the average salary for such people is $206,000 per year).
A career in sales can help you quite a bit in New York, which makes sense considering it’s one of the shopping capitals of the world. But if you don’t consider yourself a good salesperson, there are plenty of other high-paying professions here.
Below are the 20 highest paying jobs in New York, ranked from lowest to highest paying.
20. Internal physician: average salary of $185,919 per person. year
19. Obstetrician-gynecologist: average salary of $187,971 per person. year
18. Executive Vice President: average salary of $188,870 per year
17. Group Marketing Manager: average salary of $189,440 per year
16. Global Vice President of Sales: Average salary of $189,478 each. year
15. VP/CEO: average salary of $189,884 per year
14. Vice President of Product Management: Average salary of $191,341 per year
13. Senior VP Marketing: Average salary of $192,201 per year
12. Vice President of National Accounts: Median salary is $192,481 per year
11. Senior Vice President, Sales: average salary of $192,813 each. year
10. Senior Vice President, Engineering: average salary of $193,993 per year
9. Global Vice President of Sales: Average salary of $195,057 per year
8. Pain Relief Physician: Average salary is $195,556 per year
7. Revenue Officer: Average salary of $195,689 per year
6. CEO or CTO: average salary of $196,124 per year
5. Executive Vice President of Sales: Average salary of $200,659 per year
4. Security Manager: Average salary is $204,402 per year
3. Vice President of Product Marketing: Average salary of $206,998 per year per year
2. General surgeon: the average salary is $222,651 per year
1. Consultant and sales representative: average salary of $243,938 per year
The 5 highest paid industries in New York
Understanding the best paid industries in New York can help you expand your job search and find a more profitable job. Below are the top 5 paid industries in New York, the top 3 careers in each field, and job opportunities for current job seekers.
1. Business Administration
The highest paying position in New York is a consultant and sales representative. With that in mind, it makes sense for the business administration and sales sector to be one of the highest paid industries in the state.
3 best careers:
- Advisors and Sales Representatives: Average salary $ 243,938 per. year
- Vice President of Product Marketing: Average Salary $ 206,998 per year
- Executive Vice President of Sales: Average salary $ 200,659 per year
Job Perspectives: The job prospects in the business administration and sales sector in New York are promising. A variety of businesses operate from New York, from small start-ups to large companies such as American Express and CityGroup. With so many companies in one place, it is safe to say that there are plenty of job opportunities for people with different levels of education and skills.
2. Health care
As in many of the United States, health care is another well-paid industry in New York. Given how much time surgeons, doctors and other medical professionals spend on their education and training, it is understandable that they are paid as much as they are paid.
3 best careers:
- General Surgeon: The average salary is $ 222,651 per. year
- Pain Management Doctor: The average salary is $ 195,556 per. year
- Obstetrician: The average salary is $ 187,971. year
Job prospects: Health professionals in New York are currently in high demand, which means there are good job opportunities for anyone with a medical degree who wants to start their career here. Whether you are a nurse, a surgeon or someone else, you are probably easily employed and well paid in New York.
3. Information technologies
The information technology industry is a thriving US industry, and New York is no exception. For those with a degree in computer programming, software development or other similar fields, there are many jobs to be found here.
3 best careers:
- Chief Technology Officer: The average salary is $ 196,124 per year
- Director of System Engineering: Average salary $ 185,461 per year
- Director of Network Engineering: Average salary $ 181,289 per year
Job Prospects: Because the IT industry is growing so fast, job prospects look very good for those looking to find a job in this field. Some companies hire software developers, network engineers and other professionals to help them streamline their operations and improve their offerings so you are likely to be engaged right away.
4. Information security
The information security industry is another well paid industry in New York. There are many security-related positions here that are well paid and offer many opportunities to grow and enjoy future leadership or manager positions.
3 best careers:
- Security Manager: Average salary $ 204,402 per year
- Chief Security Officer: Average salary $ 171,431 per year
- Vice President for Security: Average salary $ 165,078 per year
Job prospects: For those with extensive information security experience, especially when it comes to cybersecurity, the job prospects in New York look pretty good. There are many companies that need help to protect their data and protect themselves and their clients or customers, which makes it easier for you to find a job because of this huge demand.
5. Economy
The financial sector is an industry that is very lucrative in New York. Financial professionals who can advise companies and individuals are in high demand here, so it makes sense to do very well alone with those with a high level of expertise in New York.
3 best careers:
- Revenue Officer: Average salary $ 195,689 per year
- Chief Financial Officer: Average salary $ 176,664 per year
- Director of Credit Risk Management: Average salary $ 170,395 per year
Job Perspectives: For those with a financial education, New York has many job opportunities in companies of all sizes. If you are looking for a career in this industry, you will probably be recruited very quickly and be able to immediately earn a high salary.