Analysisengineeringlabor markethigher education
New York Fed Finds Top-Paying Majors
9.2
The Federal Reserve Bank of New York reports, based on 2024 US Census figures, which college majors yield the highest early-career pay. The analysis finds computer engineering, computer science and chemical engineering lead with median salaries of about $90,000, $87,000 and $85,000 respectively for workers aged 22 to 27, while engineering majors typically earn roughly $85,000 versus a national median near $45,000.
Key Points
- 1Lists top majors: computer engineering $90K, computer science $87K, chemical engineering $85K for ages 22–27.
- 2Highlights engineering dominance: engineering majors earn about $85K early careers versus national median near $45K.
- 3Suggests sustained demand and higher mid‑career pay; engineers aged 35–45 report medians at least $100K.
Scoring Rationale
Strong official data and broad labor-market relevance drive a high score, with limited novelty beyond updated 2024 figures.
Sources
Public references used for this report.
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