It’s a question that has long puzzled people: who makes more money, electricians or plumbers? The answer is not so clear-cut. While electricians may have a higher starting salary, plumbers often make more in the long run due to their greater earning potential. Let’s take a closer look at the two professions and see who really comes out on top.
Who Makes More Electricians or Plumbers?
When wondering who makes more money, electricians or plumbers, it is important to consider that both professions typically require some postsecondary education in a trade program as well as apprenticeships. In 2020, the US Bureau of Labor Statistics reported that electricians earned a median income of $56,900, while plumbers’ median income was almost the same, at $56,330.
As with most jobs, pay varies depending on a number of factors, such as experience and geographical location. For example, electricians in California earn a median wage that is over $10 per hour higher than the national average, while plumbers in Texas earn a median wage that is about $5 per hour higher than the national average. Ultimately, both electricians and plumbers can expect to earn similar salaries.
What Are the Plumber Pay Basics?
As a skilled tradesman, a plumber typically earns a salary that is commensurate with their experience and expertise. Entry-level plumbers can expect to earn an average salary of $44,980 per year, while those with 10 or more years of experience can command an average salary of $65,256 per year. In addition to their regular salary, plumbers also earn an average of $6,750 per year in overtime pay.
These figures are based on the job postings featured on the employment website Indeed and were updated in January 2022. Given the significant amount of training and experience required to become a licensed plumber, these salary figures are not surprising. Furthermore, given the nature of the work, it is not uncommon for plumbers to earn overtime pay for working evenings and weekends. As such, plumbers can expect to earn a good wage for their skills and expertise.
What Type of Plumber Makes the Most Money?
As anyone who has ever had a plumbing issue knows, plumbers are an essential part of society. They are responsible for ensuring that our water supply is clean and free of contaminants and that our pipes and drains are properly maintained. While the job of a plumber is not always glamorous, it is certainly essential. So, what type of plumber makes the most money?
According to the Bureau of Labor Statistics (BLS), the top-paying industry for plumbers and pipefitters is steel manufacturing. Plumbers in this industry can expect to earn an annual salary of $62,150 on average. Other high-paying industries include building equipment contracting, nonresidential building construction, and utility system construction. In general, plumbers who work in larger cities and metropolitan areas tend to earn more than those who work in more rural areas.
This is due to the higher cost of living in these areas, as well as the greater demand for plumbing services. So, if you’re looking to make the most money as a plumber [1], it’s best to look for jobs in larger cities.
What Are the Electrician Pay Basics?
The average base salary for electricians is $25.50 per hour, or $56,335 per year, according to Indeed. Overtime earnings averaged $8,250. With less than a year of experience, electricians earned a reported $53,016 per year, while those with 10 or more years of experience earned $65,433 on average. Figures were updated in January 2022. Electricians may also receive other forms of compensation, such as health insurance and retirement benefits.
In addition, some electricians may be paid a commission for each job they complete. The electrician pay scale can vary depending on geographical location, employer, and experience level.
Are Electricians on Good Money?
A quick look at the average salary for an electrician in the United States will show that they are indeed good money. The average salary is just over $53,000 per year, which puts them in the top half of earners in the country. But it’s not just the average salary that is impressive, it’s also the earning potential for those who are at the top of their game. The highest 10% of electricians earn an impressive $84,000 per year, which is well above the national average.
And it’s not just electricians in the United States who are doing well, electricians in other countries such as Australia and Canada also have excellent earning potential. So if you’re thinking about becoming an electrician, you can be confident that you will be on good money.
Conclusion
When it comes to who makes more electricians or plumbers, the answer is not definitive. While electricians may have a higher starting salary, plumbers often make more in the long run due to their greater earning potential. It really depends on your experience level and where you work. In general, both professions offer good salaries and are in high demand, so it’s a good idea to research both fields before making a decision.