What Is A Skilled Trade? Top-Paying Trades To Consider (2024)

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Choosing a career path can be daunting, especially when you factor in the cost of education. But you don’t always need to invest several years and thousands of dollars in a degree to secure a stable job. Skilled trades can make for stable, lucrative careers and often do not require a college degree.

Skilled trades take a practical approach to education and training, shortening the time needed to learn a subject and allowing you to start earning a wage right away. Read on to learn about education requirements and the job outlooks for some of the highest-paid skilled trades on the job market.

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What Is a Skilled Trade?

A skilled trade is a job that requires a specialized skill set learned through either an apprenticeship or on-to-job training. Technical schools, often called vocational or trade schools, equip students to pursue skilled trades.

When many people think of skilled trades, they think of jobs requiring manual labor. Though some skilled trades fit this description, not all of them do.

Skilled trades can be broken down into three categories:

  • Skilled industrial trades, such as welders and machinists
  • Skilled construction trades, such as plumbers and carpenters
  • Skilled service trades, such as nurses and hair stylists

Skilled trades take a practical approach to education through hands-on learning and training. Not all skilled trades require a four-year degree, making high-paying careers attainable to aspiring professionals who don’t attend college.

Benefits of Skilled Trade Jobs

Skilled trades offer ample opportunities for career growth and high earning potential. Demand for skilled trade workers is steady, with the U.S. Bureau of Labor Statistics (BLS) projecting a 4% employment growth for construction and extraction occupations from 2021 to 2031. This growth is about on par with the average projected growth for all U.S. jobs.

As technology develops in areas like solar and electric vehicles and other specialized sectors, opportunities to work on these cutting-edge technologies can be profitable and exciting.

Another benefit of pursuing a skilled trade is saving on education costs. Bachelor’s degrees can be expensive; the National Center for Education Statistics reported that tuition and fees at public, four-year schools averaged about $9,400 in the 2020-21 academic year, totaling $37,600 for a full degree. Vocational school typically costs as little as $5,000 per year, and degrees often take less than two years to complete.

Education for Skilled Trades

The education requirements for skilled trades vary depending on the career path. Some employers require professional certificates or apprenticeships. Most ask for a high school diploma or GED certificate; in some cases, taking the SAT or ACT can help you stand out against the competition.

Below we explore common educational paths for skilled trades.

Trade Schools

What are trade schools? Trade schools are a great alternative to the typical four-year college experience. Trade programs can take up to two years to complete, giving students hands-on experience with a skilled trade. Most trade school programs give certificates upon completion.

Attending trade school can help you determine your career path. Trade and vocational schools often offer a variety of subject areas, but some specialize in specific trades. You can apply to top online trade schools, or attend an in-person or hybrid program.

Apprenticeships

What is an apprenticeship? Not all trades require a vocational degree. Many employers provide training programs where you work closely with seasoned professionals, gaining hands-on experience while earning an income. This type of training is known as an apprenticeship.

Apprenticeships can be formal and sponsored through unions and agencies or employers. Typical apprenticeships last anywhere from one to four years, depending on the trade and program. Most apprenticeship programs are registered through the U.S. Department of Labor (DOL). After completing an apprenticeship program, you may earn a certificate of completion to verify your competency in the trade. There are a variety of ways to get an apprenticeship.

Highest-Paying Skilled Trade Jobs

The following jobs represent some of the most lucrative skilled-trade careers. All salary data from the Bureau of Labor Statistics (BLS).

Boilermakers

Median Annual Salary: $64,290
Projected Job Growth (2021-2031): -5%
Job Description: Boilermakers assemble and maintain boilers and other large vessels that hold gasses and liquids. Boilermakers work in physically demanding environments and may travel to worksites for long periods. A high school diploma or the equivalent is required to become a boilermaker. Boilermakers typically learn their trade through apprenticeships.

Electricians

Median Annual Salary: $64,040
Projected Job Growth (2021-2031): +7%
Job Description: Electricians install and maintain electrical power systems in homes and businesses. Electricians inspect transformers and use testing devices to diagnose electrical problems.

To become an electrician, you must have a high school diploma or the equivalent. Training to become an electrician involves either an apprenticeship or technical school. Depending on the state, an electrician may need a license to work.

Elevator and Escalator Installers and Repairers

Median Annual Salary: $97,860
Projected Job Growth (2021-2031): +3%
Job Description: Elevator and escalator installers repair and maintain elevators and other moving walkways and lifts. Elevator repairers are competent in assembling elevator cars and interpreting blueprints to evaluate the layout and components needed for installation. Most elevator repairers work on call to make emergency repairs.

A high school diploma or the equivalent is required to become an elevator repairer. These professionals typically complete apprenticeships to learn their trade.

Industrial Machinery Mechanics

Median Annual Salary: $59,840
Projected Job Growth (2021-2031): +16%
Job Description: Industrial machinery mechanics maintain and repair factory equipment like conveying systems and production machinery. They interpret manuals and disassemble machinery to diagnose problems. Machinery mechanics typically work full time and may be asked to work on call on weekends.

Industrial machinery mechanics need a high school diploma. Once hired, they need at least a year of training and. Some employers ask for a two-year associate degree in industrial maintenance.

Millwrights

Median Annual Salary: $60,330
Projected Job Growth (2021-2031): +5%
Job Description: Millwrights work on dismantling or reassembling machinery to move it into factories or power plants. They also calibrate and adjust equipment to ensure machinery meets specifications. Millwrights need a high school diploma and typically complete four-year apprenticeships.

Plumbers, Pipefitters and Steamfitters

Median Annual Salary: $59,880
Projected Job Growth (2021-2031): +2%
Job Description: Plumbers, pipefitters and steamfitters repair fixtures and systems that carry fluids or gasses. They read blueprints to determine the materials needed for a job and estimate customer costs. Aside from installation, pipefitters, plumbers and steamfitters run tests to ensure pipes are air and water-tight. A high school diploma is required to become a pipefitter or plumber. Technical school and apprenticeships are also options.

Frequently Asked Questions (FAQs) About Skilled Trades

What is an example of a skilled trade?

Welders are a common example of a skilled trade. Welders work with equipment like welding torches to manipulate metal and fuse pieces to either repair or build, depending on the project. Welders can apply their skills to other aspects of metalwork, like soldering and brazing, which involves working with smaller pieces of metal for more precise work.

What is the highest-paying skilled trade?

According to the BLS, the highest-paid skilled trade is construction manager. These professionals make a median wage of $98,890 per year.

What Is A Skilled Trade? Top-Paying Trades To Consider (2024)
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