Rising college costs and huge student loan debts are making people reconsider their stances and age-old norms. Fueled by good growth forecasts over the next decade and the fact that many trade jobs often provide on-the-job training, apprenticeships, and/or certification programs, career aspirants from entry-level to pre-retirees and retirees are interested.
Here's a list of 10 fact-checked and vetted trade roles that pay more than $75,000 per year that could help you build wealth, and none require a bachelor's degree.
Editor's note: Salary information comes from the U.S. Bureau of Labor Statistics (BLS).
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Fire inspector
Median Annual Salary: $75,480
Fire inspectors examine and inspect buildings, both residential and commercial, to detect fire hazards, ensure compliance with local and state fire codes, and investigate fire incidents. There are also forest fire inspectors, who are in charge of forests and patrol to look for forest fires and observe weather elements that might cause wildfires.
A high school diploma and work experience as a firefighter are typically required, after which individuals are given on-the-job training in inspection and investigation.
Elevator and escalator installer and repairer
Median Annual Salary: $106,580
As the name suggests, these are tradespeople who install, repair, and maintain elevators and escalators across commercial, industrial, and residential properties.
Typically possessing a high school diploma, nearly all elevator and escalator installers and repairers learn the ropes of the trade through apprenticeships. These are union-sponsored or provided by industry associations or employers. Most states in the United States require them to be licensed, too.
Power plant operator
Median Annual Salary: $103,600
These are tradespeople who work in power generation plants and are associated with the various tasks and responsibilities of managing them. They control equipment, read charts and meters, and maintain equipment and devices to ensure stable power generation.
A high school diploma, along with formal technical training for a license from the U.S. Nuclear Regulatory Commission, helps enter the industry, followed by extensive on-the-job training.
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Aircraft and avionics equipment mechanic and technician
Median Annual Salary: $79,140
As suggested by the title, these folks install, test, adjust, and repair aircraft and avionics equipment and instruments. Aircraft technicians deal with the mechanical and electrical problems of an aircraft, while avionics technicians deal with the electronic equipment on the aircraft.
They need to clear a Federal Aviation Administration (FAA)-approved program to enter this occupation, while some enter with a high school diploma and train on the job.
Electrical and electronic engineering technologist
Median Annual Salary: $77,180
Electrical and electronic engineers are supported by these tradespeople in planning and developing communications equipment, medical monitoring devices, etc. They also help in assembling equipment for automation.
While typically needing an associate's degree from community colleges or vocational schools, the requirements vary across employers. While optional, additional certifications help to showcase advanced knowledge for aspiring technologists.
Police detective
Median Annual Salary: $77,270
As is known worldwide, these are the people who protect the lives and properties of civilians around them. Detectives go further to gather facts, investigate crimes, and collect evidence.
The education required varies from a high school diploma to a college degree. Most police and detectives need to complete academy training and graduate to then get on-the-job training. They should also have rigorous physical and personal qualifications, in addition to not having any felony convictions or drug use.
Radiologic and MRI technologist
Median Annual Salary: $78,980
Also known as radiographers, they take X-rays and other diagnostic imaging examinations for patients having medical issues. They prep patients for procedures and follow precise orders from doctors to get the exact image.
They need an associate's degree to start out as a radiographer and gradually become an MRI technologist. Most states in the U.S. require radiologists to be licensed, while a few require licensure for MRI techs.
Dental hygienist
Median Annual Salary: $94,260
Different from dentists, dental hygienists take care of patients by examining them for oral diseases and providing preventive care. They also help educate patients about best dental practices and oral health.
They need to hold a dental hygienist associate's degree, which usually takes three years to complete. While all states in the U.S. require them to be licensed, the requirements vary by state.
Stationary engineer and boiler operator
Median Annual Salary: $75,190
Stationary engineers and boiler operators control, monitor, inspect, and maintain stationary engines, boilers, and similar mechanical equipment to provide utilities to residential, commercial, and industrial buildings.
Having a high school diploma or equivalent, they are either trained on the job or go through an apprenticeship program. They should demonstrate competency through license exams or company-specific exams before they can work unsupervised.
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Radiation therapist
Median Annual Salary: $101,990
Radiation therapists work in oncology departments in the medical industry and administer radiation doses to patients who have cancer or other serious diseases.
They typically need an associate's degree or a bachelor's degree in the specific field to enter the workforce, with most states requiring them to be licensed or certified by passing a national certification exam.
Bottom line
These jobs show that you can get ahead financially with a solid-paying trade job without a college degree and the associated burden of student debt. Keep in mind that the salaries listed here are median annual figures, meaning once you gain experience and knowledge in your niche, these figures could go way up.
For aspiring tradespeople, talk to folks who are already in the relevant trades to gain insights and to understand the real-world scenarios of each role. This not only gives you perspective but also helps you get clarity on which trade might be the right fit for your skill sets.
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