The Top 20 Highest-Paying Jobs in Boston You Should Know

The Top 20 Highest-Paying Jobs in Boston You Should Know

Do you want to work in Boston? Apply for the highest-paying jobs in Boston right now to kickstart your career!

Boston’s GDP per capita has been steadily rising over the last few years. It is expected to be $83,069 this year.

Boston is currently in the top 1% of the world’s most expensive cities. It is the 26th most expensive city in America (out of 2,202 cities) and the 31st most expensive city in the world. Fortunately, the job market in Boston is looking up right now, with plenty of opportunities for high-paying positions.

Also Read: San Francisco’s Top 20 Highest Paying Jobs

Are you looking for a job in Boston? If you want to live comfortably in this city, you’ll need a high-paying job, whether you’re a student about to graduate or a professional looking to change careers.

The top 20 highest-paying jobs in Boston are listed in this guide. You’ll also learn about the highest-paying industries in Boston, the highest-paying jobs for recent graduates, and the types of degrees required to land these jobs.

In Boston, what salary is considered wealthy?

Boston is an expensive place to live, but the average salary here is significantly higher than the national average. The average salary in Boston is $91,000 per year, while the national average salary is $47,520 per year (almost half of the average in Boston).

With this information in mind, you would most likely need to earn well over $100,000 per year to be considered “rich” in Boston. You could live comfortably if you earned $91,000 or more per year, but to be considered wealthy or rich, you’d need to earn much more.

This is especially true given Boston’s exorbitant cost of living. The median home price in this area is $717,943, which is roughly 300 percent higher than the national average in the United States. Furthermore, the average utility bill in Boston is 17 percent higher than the national average, owing to the city’s hot summers and icy winters.

What Is the Highest-Paying Job in Boston?

Now that you have a better idea of how expensive it is to live in Boston, let’s look at the city’s highest-paying jobs. If you want to have a good chance of surviving the high cost of living in Boston, you should pursue the top-paying job in the city, which is that of a surgeon.

A surgeon’s annual salary is $270,700, which is more than double the annual salary of a Boston resident.

Of course, surgeons bear a great deal of responsibility. They perform operations on patients and provide treatment to help them recover, so it stands to reason that they are well compensated for their efforts (not to mention the effort required for them to be qualified to operate on their patients).

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If a career as a surgeon does not appear to be the right fit for you, there are a variety of other high-paying jobs to consider. The following are the top 20 highest-paying jobs in Boston, listed in descending order of salary:

20. Vice President of Human Resources: Annual Salary of $153,400

19. Business Development Director: Annual Salary of $153,600

18. Marketing Manager: Annual Salary of $154,960

17. Vice President of Operations: Annual Salary of $163,500

16. Director of Engineering: $164,200 per year on average

15. Chief Financial Officer: $166,100 per year on average

14. Software Development Director: $167,800 per year on average

13. Vice President of Information Technology: $173,000 per year on average

12. Vice President of Sales: Annual Salary of $175,900

11. Vice President of Business Development: Annual Salary of $179,500

10. Vice President of Finance: Annual Salary of $179,600

9. Vice President of Marketing: Annual Salary of $182,700

8. Pediatrician: $190,650 per year on average

7. Chief Technology Officer: $195,600 per year on average

6. Dentists: earn an average of $209,570 per year.

5. Psychiatrist: Annual Salary of $210,180

4. Chief Executive Officer: $235,550 per year on average

3. Family Medicine Physician: $244,260 per year on average

2. Obstetricians and Gynecologists: Annual Salary of $252,060

1. Surgeon: $270,700 per year on average

Boston’s Top 5 Highest-Paying Industries

If you want to land a high-paying job in this city, you should also be aware of the highest-paying industries in Boston. The following are five high-paying industries, as well as the top careers in each field and job prospects for those who want to pursue those (or similar) careers:

  1. Healthcare

To be sure, the healthcare industry is one of the highest-paying and fastest-growing in Boston. There are numerous job opportunities for healthcare professionals here, whether they are surgeons, physicians, nurses, or anything in between.

Top 3 Positions

  • Surgeons earn an average of $270,700 per year.
  • Obstetricians and gynecologists earn an average of $252,060 per year.
  • Family Medicine Physician: Annual Salary: $244,260

Job Prospects: The job prospects for those interested in working in the healthcare industry appear to be very promising. Right now, there is a high demand for healthcare workers in Boston (and throughout the United States), which means that there are many high-paying jobs available. If you want to work in the healthcare field here, you’ll find plenty of opportunities and shouldn’t have too much trouble getting hired.

  1. Administration of Business

There are many high-paying jobs in the business administration field, as you may have noticed while reading through the list of the top 20 highest-paying jobs in Boston. Boston’s business sector is rapidly expanding, and the city is home to a diverse range of businesses, from small startups to major corporations such as General Electric.

Top 3 Positions

  • Chief Executive Officer: $235,550 per year on average
  • Vice President of Finance: $179,600 per year on average
  • Vice President of Business Development: $179,500 per year on average

Job Opportunities: For those interested in working in the business world, there are numerous job opportunities in Boston. If you want to work in business, there are many options available to you here. Many companies are hiring for both junior and senior-level positions, so even those with little experience can find work in Boston.

  1. Information and communication technology

Similar to the business sector, there are numerous job opportunities in the information technology industry in Boston. There are a variety of positions available at small, medium, and large businesses throughout Boston, ranging from programming and development to chief technology officer.

Top 3 Positions

  • Chief Technology Officer: $195,600 per year on average
  • Vice President of Information Technology: $173,000 per year on average
  • Software Development Director: $167,800 per year on average

Job Prospects: The job prospects in the information technology industry in Boston appear to be very promising. Whether you have a degree in an IT-related field or a training certificate from a short-term program, you should have no trouble finding a well-paying tech job here.

  1. Marketing and sales

Another high-paying industry in Boston with plenty of lucrative positions is sales and marketing. There are many opportunities in the sales and marketing world for those who are highly motivated and want to work in a creative, people-focused field, ranging from executive positions to assistant positions.

Top 3 Positions

  • Vice President of Marketing: $182,700 per year on average
  • Vice President of Sales: $175,900 per year on average
  • Marketing Manager: Annual Salary of $154,960

Job Opportunities: Right now, there are many job opportunities in Boston for those interested in working in sales or marketing. With so many businesses of all sizes operating out of Boston, there are plenty of jobs available for marketing and sales professionals, so you should have no trouble finding a high-paying position here. This is especially true if you have prior industry experience.

  1. Engineering

Another high-paying industry in Boston that always seems to have plenty of job openings is engineering. Regular engineering jobs are known to pay well, and managerial/directorial positions pay even more (some of the highest in Boston, in fact).

Top 3 Positions

  • Director of Engineering: $164,200 per year on average
  • Electrical Engineer: Annual Salary: $115,584
  • Mechanical Engineer: Annual Salary: $93,506

Job Prospects: Because there will always be a demand for engineers in the Boston area (and elsewhere in the United States), the job prospects for those working in this industry appear to be quite promising. Most people with engineering experience and training will find it easy to find work in Boston. As an added bonus, they will most likely earn higher wages than they would in other parts of the country.

Also Read: Top 20 Highest-Paying Jobs in Chicago You Should Know

The Top 5 Highest-Paying Jobs in Boston for Freshers Graduates

When compared to seasoned professionals who have been in their careers for some time, the list of the highest-paying jobs in Boston for recent graduates is a little different.

After all, many of the positions listed earlier in this guide require several years of experience before beginning to earn a high salary. Becoming a manager or CEO, for example, takes time.

If you want to make as much money as possible right out of college and don’t want to wait years and years for a high salary, the following jobs are some of the best for college students to consider:

  1. Surgeon

Surgeons have some of the highest entry-level salaries in Boston as the highest-paying job.

To be sure, it will take you a long time to complete your education and begin practicing as a surgeon, but once you do, you’ll soon be earning far more than the average Bostonian.

It takes about 12-13 years after high school to become a surgeon, so this is not a career path for the faint of heart. However, if you are passionate about medicine and want to work in a high-paying, high-demand position, the time and effort will be well worth it.

  1. SLP (Speech-Language Pathologist)

Speech-language pathologists offer speech therapy to people who have speech impediments or need to relearn how to speak after a stroke or other traumatic event.

In an entry-level position, you can earn close to $97,000 per year as a speech-language pathologist, making this a great job for recent graduates. You can earn a lot more than this as you gain experience.

Depending on whether you pursue a master’s or doctoral degree, it takes between 6 and 9 years to become a speech-language pathologist. However, the time investment is worthwhile because you can begin earning a high salary as soon as you graduate.

  1. Account Executive

Account managers serve as go-betweens for businesses and their customers. They are in charge of meeting the needs of customers in order to build and maintain strong relationships between them and the companies for which they work.

The account manager position is one of the highest-paying jobs in Boston, so it’s an excellent choice for students to consider. This is especially true for those wishing to work in the field of business administration. Many account managers have only a bachelor’s degree in business management or a related field, so you don’t have to worry about years of schooling before you can be hired. 

Some entry-level account manager positions start around $60,000 per year, but as you gain experience, you can quickly earn much more.

  1. Software Developer

Even for entry-level positions, software engineering positions are known to pay very well. Fresh out of college, you can easily find positions paying more than $100,000 per year as a new software engineer.

Software engineers are in charge of researching, designing, and coding new software programs. They work for a wide range of companies (of varying sizes) and are highly valued in today’s job market.

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A career as a software engineer also does not necessitate a lot of education. Many have bachelor’s degrees in computer programming or a related field, but some go on to earn master’s degrees for more job opportunities and higher earning potential.

  1. Electrical Engineer,

A job as an electrical engineer is another of the highest-paying jobs in Boston for recent graduates.

Electrical engineers are in charge of designing, developing, testing, and supervising the production of various electrical equipment. Motors, radar systems, navigation systems, power generation equipment, and other items fall into this category.

You can expect to earn more than $115,000 per year as an electrical engineer in Boston, with more earning potential in the future as you gain experience in your field.

What is the highest paying degree in Boston?

If you want to work in one of the best-paying jobs in Boston, you must first obtain a degree from an accredited university. This table contains a list of some of the best degrees to consider pursuing if you want to find a high-paying job in Boston (or any city):

Degree Type
Potential Salary
Medicine
$270,700 per year
Engineering
$115,584 per year
Computer Science
$100,000 per year
Linguistics
$97,000 per year
Business Management
$60,000 per year

Of course, these are only estimates based on current average earnings for various positions.

There is no guarantee that you will earn a specific salary after earning a degree in a specific field. However, pursuing one of these degrees increases your chances of earning a high salary and living comfortably in an expensive city like Boston (or a related one).

Today is the day to apply for one of the highest-paying jobs in Boston

Are you ready to start looking for the highest-paying jobs in Boston now that you’ve learned more about them and what it takes to qualify for them?

Also Read: The Top 20 Highest Paying Jobs in Toronto That You Should Be Aware Of

It doesn’t matter if you’re a professional looking to change careers or a student looking to plan for the future and choose a lucrative career path. The information in this guide will assist you in making the best decision and locating the highest-paying jobs in Boston.

Check out Careercartz.com today if you need more assistance finding work in Boston. Our Career Resources page contains a variety of guides that will assist you in improving your skills, increasing your marketability, and increasing your chances of getting hired. Our free job search page also makes it easier than ever to find high-paying jobs in Boston.

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