Highest-paying jobs in Washington, D.C. that require a graduate degree

·Stacker

insta_photos // Shutterstock
insta_photos // Shutterstock

Earning top dollar typically requires more education than an undergraduate degree can provide. Doctors, lawyers, and professors need extra years of focused study for their chosen fields, but they're not alone. Graduate degrees in fields like business, teaching, and public health build specialized knowledge that can fast-track a career—and one's salary.

Many hiring managers view a master's degree as the equivalent of two years of work experience, giving graduate degree holders a leg up. In 2024, master's degree holders earned a weekly median of $1,840, a 19% premium over undergraduate degree holders. Doctorates earned $2,278, and professional degree holders earned $2,363.

Stacker used Bureau of Labor Statistics data to find the highest-paying jobs in Washington, D.C. that require a graduate degree in Washington, D.C.. This includes doctorates, master's degrees, and professional degrees. Jobs are ranked by their median annual pay as of May 2024, so any jobs without annual compensation figures available were excluded from this analysis.

Job security is another benefit. The unemployment rate for a master's degree holder is 2.2%, compared to 2.5% for undergraduate degree holders. Doctorates and professional degree holders' unemployment rate is close to 1%.

Employers believe a graduate degree showcases an employee's drive and commitment, but that comes at a price. Between 2000 and 2020, median annual tuition and fees for graduate degree programs increased by 233%. Unsurprisingly, median student debt has also increased, rising 47% to $50,000.

Depending on the career field, some prospective students may find it difficult to justify the expense. Georgetown University's Center on Education and the Workforce found that full-time workers in STEM fields earned $128,000 annually, almost twice as much as their degreed counterparts in humanities and the arts. A graduate degree in humanities also only brought a 10% earnings premium over someone with a bachelor's degree.

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#50. Medical scientists, except epidemiologists

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1 / 50

#50. Medical scientists, except epidemiologists

- Median annual wage: $112,120
- Median hourly wage: $53.90
- Total employment: 5,830 people (1.87 of every 1,000 jobs in the area)

#49. Psychologists, all other

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2 / 50

#49. Psychologists, all other

- Median annual wage: $112,880
- Median hourly wage: $54.27
- Total employment: 730 people (0.23 of every 1,000 jobs in the area)

#48. Historians

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3 / 50

#48. Historians

- Median annual wage: $115,710
- Median hourly wage: $55.63
- Total employment: 420 people (0.14 of every 1,000 jobs in the area)

#47. Audiologists

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4 / 50

#47. Audiologists

- Median annual wage: $118,250
- Median hourly wage: $56.85
- Total employment: 180 people (0.06 of every 1,000 jobs in the area)

#46. Geography teachers, postsecondary

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5 / 50

#46. Geography teachers, postsecondary

- Median annual wage: $120,220
- Median hourly wage: Not available
- Total employment: 90 people (0.03 of every 1,000 jobs in the area)

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#45. Engineering teachers, postsecondary

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6 / 50

#45. Engineering teachers, postsecondary

- Median annual wage: $123,370
- Median hourly wage: Not available
- Total employment: 650 people (0.21 of every 1,000 jobs in the area)

#44. Business teachers, postsecondary

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7 / 50

#44. Business teachers, postsecondary

- Median annual wage: $123,620
- Median hourly wage: Not available
- Total employment: 1,910 people (0.61 of every 1,000 jobs in the area)

#43. Agricultural sciences teachers, postsecondary

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8 / 50

#43. Agricultural sciences teachers, postsecondary

- Median annual wage: $125,050
- Median hourly wage: Not available
- Total employment: 130 people (0.04 of every 1,000 jobs in the area)

#42. Education administrators, postsecondary

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9 / 50

#42. Education administrators, postsecondary

- Median annual wage: $126,620
- Median hourly wage: $60.88
- Total employment: 4,100 people (1.32 of every 1,000 jobs in the area)

#40. Law teachers, postsecondary

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11 / 50

#40. Law teachers, postsecondary

- Median annual wage: $128,490
- Median hourly wage: Not available
- Total employment: 760 people (0.24 of every 1,000 jobs in the area)

#38. Veterinarians (tie)

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12 / 50

#38. Veterinarians (tie)

- Median annual wage: $129,920
- Median hourly wage: $62.46
- Total employment: 1,530 people (0.49 of every 1,000 jobs in the area)

#38. Nurse practitioners (tie)

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13 / 50

#38. Nurse practitioners (tie)

- Median annual wage: $129,920
- Median hourly wage: $62.46
- Total employment: 4,430 people (1.42 of every 1,000 jobs in the area)

#37. Statisticians

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14 / 50

#37. Statisticians

- Median annual wage: $133,240
- Median hourly wage: $64.06
- Total employment: 3,490 people (1.12 of every 1,000 jobs in the area)

#36. Education administrators, kindergarten through secondary

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15 / 50

#36. Education administrators, kindergarten through secondary

- Median annual wage: $133,720
- Median hourly wage: Not available
- Total employment: 6,950 people (2.23 of every 1,000 jobs in the area)

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#35. Physician assistants

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16 / 50

#35. Physician assistants

- Median annual wage: $137,650
- Median hourly wage: $66.18
- Total employment: 2,840 people (0.91 of every 1,000 jobs in the area)

#34. Nurse midwives

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17 / 50

#34. Nurse midwives

- Median annual wage: $139,770
- Median hourly wage: $67.20
- Total employment: 320 people (0.1 of every 1,000 jobs in the area)

#33. Pharmacists

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18 / 50

#33. Pharmacists

- Median annual wage: $143,890
- Median hourly wage: $69.18
- Total employment: 4,870 people (1.56 of every 1,000 jobs in the area)

#32. Podiatrists

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19 / 50

#32. Podiatrists

- Median annual wage: $145,560
- Median hourly wage: $69.98
- Total employment: Not available

#31. Administrative law judges, adjudicators, and hearing officers

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20 / 50

#31. Administrative law judges, adjudicators, and hearing officers

- Median annual wage: $153,320
- Median hourly wage: $73.71
- Total employment: 650 people (0.21 of every 1,000 jobs in the area)

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#30. Political scientists

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21 / 50

#30. Political scientists

- Median annual wage: $153,340
- Median hourly wage: $73.72
- Total employment: 3,910 people (1.25 of every 1,000 jobs in the area)

#29. Economics teachers, postsecondary

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22 / 50

#29. Economics teachers, postsecondary

- Median annual wage: $155,870
- Median hourly wage: Not available
- Total employment: 320 people (0.1 of every 1,000 jobs in the area)

#28. Computer and information research scientists

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23 / 50

#28. Computer and information research scientists

- Median annual wage: $156,360
- Median hourly wage: $75.17
- Total employment: 3,150 people (1.01 of every 1,000 jobs in the area)

#26. Economists (tie)

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24 / 50

#26. Economists (tie)

- Median annual wage: $157,980
- Median hourly wage: $75.95
- Total employment: 4,300 people (1.38 of every 1,000 jobs in the area)

#25. Mathematicians

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26 / 50

#25. Mathematicians

- Median annual wage: $160,510
- Median hourly wage: $77.17
- Total employment: 220 people (0.07 of every 1,000 jobs in the area)

#24. Healthcare diagnosing or treating practitioners, all other

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27 / 50

#24. Healthcare diagnosing or treating practitioners, all other

- Median annual wage: $162,610
- Median hourly wage: $78.18
- Total employment: 6,330 people (2.03 of every 1,000 jobs in the area)

#23. Judges, magistrate judges, and magistrates

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28 / 50

#23. Judges, magistrate judges, and magistrates

- Median annual wage: $163,190
- Median hourly wage: $78.46
- Total employment: Not available

#22. Optometrists

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29 / 50

#22. Optometrists

- Median annual wage: $163,320
- Median hourly wage: $78.52
- Total employment: 720 people (0.23 of every 1,000 jobs in the area)

#20. Dentists, general

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31 / 50

#20. Dentists, general

- Median annual wage: $176,800
- Median hourly wage: $85.00
- Total employment: 3,110 people (1.0 of every 1,000 jobs in the area)

#19. Pediatricians, general

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32 / 50

#19. Pediatricians, general

- Median annual wage: $186,990
- Median hourly wage: $89.90
- Total employment: 840 people (0.27 of every 1,000 jobs in the area)

#17. Physicians, all other (tie)

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33 / 50

#17. Physicians, all other (tie)

- Median annual wage: $191,880
- Median hourly wage: $92.25
- Total employment: 11,170 people (3.58 of every 1,000 jobs in the area)

#17. Lawyers (tie)

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34 / 50

#17. Lawyers (tie)

- Median annual wage: $191,880
- Median hourly wage: $92.25
- Total employment: 48,170 people (15.45 of every 1,000 jobs in the area)

#16. Dentists, all other specialists

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35 / 50

#16. Dentists, all other specialists

- Median annual wage: $199,990
- Median hourly wage: $96.15
- Total employment: 150 people (0.05 of every 1,000 jobs in the area)

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#15. Ophthalmologists, except pediatric

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36 / 50

#15. Ophthalmologists, except pediatric

- Median annual wage: $218,490
- Median hourly wage: $105.04
- Total employment: 230 people (0.07 of every 1,000 jobs in the area)

#14. Psychiatrists

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37 / 50

#14. Psychiatrists

- Median annual wage: $219,970
- Median hourly wage: $105.76
- Total employment: 570 people (0.18 of every 1,000 jobs in the area)

#13. General internal medicine physicians

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38 / 50

#13. General internal medicine physicians

- Median annual wage: $223,030
- Median hourly wage: $107.22
- Total employment: 1,740 people (0.56 of every 1,000 jobs in the area)

#12. Family medicine physicians

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39 / 50

#12. Family medicine physicians

- Median annual wage: $224,330
- Median hourly wage: $107.85
- Total employment: 1,900 people (0.61 of every 1,000 jobs in the area)

#11. Nurse anesthetists

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40 / 50

#11. Nurse anesthetists

- Median annual wage: $225,340
- Median hourly wage: $108.34
- Total employment: 390 people (0.12 of every 1,000 jobs in the area)

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#1. Cardiologists (tie)

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41 / 50

#1. Cardiologists (tie)

- Median annual wage: At least $239,200
- Median hourly wage: At least $115.00
- Total employment: Not available

#1. Dermatologists (tie)

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42 / 50

#1. Dermatologists (tie)

- Median annual wage: At least $239,200
- Median hourly wage: At least $115.00
- Total employment: 250 people (0.08 of every 1,000 jobs in the area)

#1. Obstetricians and gynecologists (tie)

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43 / 50

#1. Obstetricians and gynecologists (tie)

- Median annual wage: At least $239,200
- Median hourly wage: At least $115.00
- Total employment: 340 people (0.11 of every 1,000 jobs in the area)

#1. Surgeons, all other (tie)

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44 / 50

#1. Surgeons, all other (tie)

- Median annual wage: At least $239,200
- Median hourly wage: At least $115.00
- Total employment: 250 people (0.08 of every 1,000 jobs in the area)

#1. Orthopedic surgeons, except pediatric (tie)

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46 / 50

#1. Orthopedic surgeons, except pediatric (tie)

- Median annual wage: At least $239,200
- Median hourly wage: At least $115.00
- Total employment: Not available

#1. Radiologists (tie)

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47 / 50

#1. Radiologists (tie)

- Median annual wage: At least $239,200
- Median hourly wage: At least $115.00
- Total employment: 270 people (0.09 of every 1,000 jobs in the area)

#1. Physicians, pathologists (tie)

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48 / 50

#1. Physicians, pathologists (tie)

- Median annual wage: At least $239,200
- Median hourly wage: At least $115.00
- Total employment: 130 people (0.04 of every 1,000 jobs in the area)

#1. Orthodontists (tie)

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49 / 50

#1. Orthodontists (tie)

- Median annual wage: At least $239,200
- Median hourly wage: At least $115.00
- Total employment: 210 people (0.07 of every 1,000 jobs in the area)

#1. Anesthesiologists (tie)

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50 / 50

#1. Anesthesiologists (tie)

- Median annual wage: At least $239,200
- Median hourly wage: At least $115.00
- Total employment: 300 people (0.1 of every 1,000 jobs in the area)

This story features data reporting by Wade Zhou, writing by Jill Jaracz, and is part of a series utilizing data automation across 363 metros.

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