Can You Get Rich Being An Electrician?

What trade makes the most money?

Highest-paying trade careersElectrician.

Landscape designer.

Boilermaker.

Respiratory therapist.

Construction manager.

Dental hygienist.

National average salary: $38.10 per hour.

Ultrasonographer.

National average salary: $38.49 per hour.

Radiation therapist.

National average salary: $115,241 per year.More items…•.

What is the average age of an electrician?

The median age of Electricians is 41.2, and Male employees are generally 2.52 years younger than than their Female counterparts.

How many electricians die a year?

For every 100,000 electricians in 2016, 10 died from occupational injuries, nearly three times the national rate.

Do electricians have to be smart?

People respect electricians because they have specialized knowledge and a specific skillset most people don’t have. After all, electrical work requires both strong physical labor and intelligent problem solving. Electricians need to solve complex issues that require critical thinking and expertise.

How much does a self employed electrician earn?

As a self-employed person you’ll be able to set your own rates. It’s important to understand that most self-employed electricians work on a day rate. These can vary quite significantly depending on your specialism or experience, and can range from around £140 per day to £350 per day.

Is being an electrician stressful?

If the science behind electricity intrigues you, just know the US News has ranked electrician work as stressful. The level of stress in an electrician’s job arises from the “work environment and complexities of the job’s responsibilities,” said the news website.

Can electricians get rich?

Electricians may be paid by the hour or by day rate so they can only earn their rate or the maximum hours you can fit in a day. Sometimes they may be on a price so if they complete a job quickly, it’ll maximise profits but regardless, you won’t become that millionaire when you work for somebody.

Can you make 100k as a electrician?

Electricians CAN make 100K per year. This is assuming that they are trained (gone through an apprenticeship) or certified (journeyman or Master) in their respective area. I know of quite a few electricians making over 6 figures.

What is the highest paid electrical job?

The Highest Engineering Salary in the world is in Electrical Engineering Jobs. An Electrical Engineer Salary can exceed $254k per year.

Can electricians make 6 figures?

The top 10 percent of electricians earn more than $82,680. But if you are working overtime or are taking on commercial jobs, you can easily make six figures. … If you are an apprentice electrician, you will probably earn 30 to 50 percent of what journey-level electricians earn around your area.

Why are electricians paid so little?

There are a few reasons electricians and allied trades have been making less money: The overall economy has brought rising living costs and stagnant wages. With the decline of union membership, construction wages have also dropped.

Are electricians happy?

Electricians are below average when it comes to happiness. At CareerExplorer, we conduct an ongoing survey with millions of people and ask them how satisfied they are with their careers. As it turns out, electricians rate their career happiness 3.0 out of 5 stars which puts them in the bottom 29% of careers.