20 Top Jobs for Millennials Who Want To Make Six Figures

Millennials are the largest generation in the modern workforce, but a lot has changed in the job market in the last few years. If you’re a millennial, you’re likely looking for jobs that give you the opportunity to work among your peers and also have a high earning potential. But, which jobs offer the highest salaries for millennials who want to earn six figures?
In a recent study, GOBankingRates determined the top jobs for millennials who want to make six figures by analyzing the jobs that had the highest employment among millennials and then ranking them by average salary.
GOBankingRates used Bureau of Labor Statistics age and occupation data to determine the jobs in which millennials have the potential to make six figures. This study then assumed an average 4 percent salary increase each year based on information from Indeed Data, which found that 3 to 5 percent is the average compensation increase for 2022. Next, a 4% yearly salary increase was calculated in the context of each occupation to determine how long it would take a millennial to earn six figures.
20. Assemblers and Fabricators
- Average Salary: $41,240
- 4% of Salary: $1,656.80
- Amount of Time to $100,000 Salary: 35.36 Years
19. Secretaries and Administrative Assistants (Except Legal, Medical, and Executive)
- Average Salary: $43,410
- 4% of Salary: $1,736.40
- Amount of Time to $100,000 Salary: 32.59 Years
Take Our Poll: Are You Concerned About the Safety of Your Money in Your Bank Accounts?
18. Construction Laborers
- Average Salary: $46,350
- 4% of Salary: $1,854.00
- Amount of Time to $100,000 Salary: 28.94 Years
17. Drivers/Sales Workers and Truck Drivers
- Average Salary: $48,240
- 4% of Salary: $1,929.60
- Amount of Time to $100,000 Salary: 26.82 Years
16. Automotive Service Technicians and Mechanics
- Average Salary: $49,690
- 4% of Salary: $1,987.60
- Amount of time To $100,000 Salary: 25.31 Years
15. First-Line Supervisors Of Retail Sales Workers
- Average Salary: $50,130
- 4% of Salary: $2,005.20
- Amount of Time to $100,000 Salary: 24.87 Years
14. Carpenters
- Average Salary: $58,210
- 4% of Salary: $2,328.40
- Amount of Time to $100,000 Salary: 17.95 Years
13. Electricians
- Average Salary: $65,280
- 4% of Salary: $2,611.20
- Amount of Time to $100,000 Salary: 13.30 Years
12. First-Line Supervisors of Office and Administrative Support Workers
- Average Salary: $65,510
- 4% of Salary: $2,620.40
- Amount of time to $100,000 Salary: 13.16 Years
11. Food Service Managers
- Average Salary: $67,130
- 4% of Salary: $2,685.20
- Amount of Time to $100,000 Salary: 12.24 Years
10. Elementary and Middle School Teachers
- Average Salary: $67,930
- 4% of Salary: $2,717.20
- Amount of Time to $100,000 Salary: 11.80 Years
9. Secondary School Teachers and Educators
- Average Salary: $69,330
- 4% of Salary: $2,773.20
- Amount of Time to $100,000 Salary: 11.06 Years
8. Real Estate Brokers and Sales Agents
- Average Salary: $71,200
- 4% of Salary: $2,848
- Amount of Time to $100,000 Salary: 10.11 Years
7. Police and Law Enforcement Officers
- Average Salary: $71,410
- 4% of Salary: $2,856.40
- Amount of time to $100,000 Salary: 10.01 Years
6. Human Resource Workers
- Average Salary: $74,060
- 4% of Salary: $2,962.40
- Amount of time to $100,000 Salary: 8.76 Years
5. Wholesale and Manufacturing Sales Representatives
- Average Salary: $83,030
- 4% of Salary: $3,321.20
- Amount of Time to $100,000 Salary: 5.11 Years
4. Accountants and Auditors
- Average Salary: $86,740
- 4% of Salary: $3,469.60
- Amount of Time to $100,000 Salary: 3.82 Years
3. Registered Nurses
- Average Salary: $89,010
- 4% of Salary: $3,560.40
- Amount of time to $100,000 Salary: 3.09 Years
2. Postsecondary Teachers and Educators
- Average Salary: $96,130
- 4% of Salary: $3,845.20
- Amount of time to $100,000 Salary: 1.01 Years
1. First-Line Supervisors of Non-Retail Workers
- Average Salary: $96,890
- 4% of Salary: $3,875.60
- Amount of time to $100,000 Salary: 0.80 Years
More From GOBankingRates
- 5 Frugal Money Habits Americans Can Learn From Other Countries
- The Average Retirement Age in 2023 in the US vs Canada
- 3 Things You Must Do When Your Savings Reach $50,000
- 9 Key Signs You've Mastered the Savings Game
GOBankingRates used Bureau of Labor Statistics age and occupation data to determine the jobs in which millennials have the potential to make six figures. The age range of millenials range from 25 to 44 for the purpose of this document. Job occupations were filtered from highest to lowest millennial employment, and GOBankingRates used BLS salary data to find jobs with the highest millennial employment and potential to earn six figures. GOBankingRates assumed a 4 percent salary increase each year based on information from Indeed Data, which found that 3 to 5 percent is the average compensation increase for 2022. A 4 percent yearly salary increase was calculated in the context of each occupation to determine how long it would take a millennial to earn six figures. Occupations were ranked by number of years needed to make six figures. Occupations that earn more than six figures as a base salary are not counted as they often have extra requirements such as schooling and certification. All information conducted on and is up-to-date as-of June 13th, 2023.
Share This Article:
Related Content

Warren Buffett Tesla Rival Is Buying Back Own Shares -- Can It 'Compete With Elon?'
December 07, 2023
4 min Read


You're More Likely To Be the Victim of Credit Card Fraud in These 10 Major US Cities -- Here's Why
December 07, 2023
4 min Read

Stimulus Checks May Still Be Available for Expats -- Here's How To Collect the Money
December 07, 2023
4 min Read

How Much Income You Need To Be 'Rich' in 20 Major Vacation Destinations
December 07, 2023
4 min Read


6 Things You Should Never Do With Your Finances During the Holiday Season
December 06, 2023
4 min Read


Sign Up For Our Free Newsletter!
Get advice on achieving your financial goals and stay up to date on the day's top financial stories.
By clicking the 'Subscribe Now' button, you agree to our Terms of Use and Privacy Policy. You can click on the 'unsubscribe' link in the email at anytime.
Thank you for signing up!


Sending you timely financial stories that you can bank on.
Sign up for our daily newsletter for the latest financial news and trending topics.
For our full Privacy Policy, click here.