Is 48k A Good Salary Out Of College

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Is 48k A Good Salary Out Of College While you won t necessarily have a lot of work experience right out of college you still have the opportunity to earn a generous paycheck Here are 25 jobs that pay over 70 000 to college graduates whether you just earned a bachelor s master s or doctoral degree 1 Financial analyst National Average Salary 71 418 per year

According to data from the U S Bureau of Labor Statistics 1 in the 45 to 54 age group the male median annual wage of 72 228 is significantly higher than the female median annual wage of Average salary after graduating with a bachelor s degree is 50K Compensation Or 24 hr What was your first job after graduation Quite hard to believe It usually takes 3 to 9 months to find a job after college graduation and going through hundreds of rejected applications Many have to work whatever job is available

Is 48k A Good Salary Out Of College

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No I don t think so 40k is a pretty good entry level job out of college and if you can get internships throughout college you won t need to settle for an entry level role You need to focus on getting good grades getting experience and building a network therealsavagery OP 5 yr ago Internships are mandatory and guaranteed at my college How does your income stack up How to stretch your income Sources Key findings National average income The national average U S household income in 2022 was 105 555 The median U S household

The question we are posing is if earning 48k a year is good If you are at the end of your career or just beginning you will have a different perspective The Bureau of Labor Statistics BLS states that the median weekly income in the United States is 1 085 That is just over 27 an hour and just over 56 000 a year The average starting salary for Class of 2019 college graduates was 51 347 according to an analysis by consulting firm Korn Ferry Average starting salaries were about 2 higher than in 2018 when they were 50 390 But your salary will depend on many factors Your school major the type of company for which you work and where you live will

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The Full Scoop Average Salary for College Graduates The overall average starting salary for the Class of 2019 is 53 889 according to NACE s report That represents a 5 8 increase from the average starting salary of 50 944 for the Class of 2018 Unfortunately with the economy taking a hit due to the global pandemic the unemployment About 17 of students expect to earn more than 85 000 per year from their first job after graduation according to a recent survey by AIG Retirement Services and EVERFI of over 20 000 college

Hourly About 19 per hour Weekly About 769 per week Bi weekly 1 538 every two weeks Monthly About 3 333 per month Remember these above numbers are your gross income which means before things like taxes insurances or retirement are taken out of your paycheck The hourly wage you will earn with a 48 000 per year income depends on how many hours you work Assuming a 40 hour workweek and working for 50 weeks a year you will earn approximately 24 00 per hour To give you a better idea here s a breakdown of how much you will earn per hour week and month with a yearly salary of 48 000

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Is 48k A Good Salary Out Of College - The question we are posing is if earning 48k a year is good If you are at the end of your career or just beginning you will have a different perspective The Bureau of Labor Statistics BLS states that the median weekly income in the United States is 1 085 That is just over 27 an hour and just over 56 000 a year