There are people who love dealing with numbers. These are the math and data-driven individuals who seek out opportunities to put their love of numbers to the test. Fortunately, there are a variety of career options available for individuals who want to find employment which combines their love of numbers with a high paying job. Listed below are just a few available options for those seeking lucrative paying, numbers related employment.
Accountants crunch numbers and data every day. Accounting is the process of recording financial transactions, which pertain to a business or individual. During this process, accounting includes summarizing, analyzing, and reporting these transactions to such organizations as oversight agencies, regulators, and tax collection entities.
There are various types of accounting so you want to do your due diligence when finding a career path in the U.S. Sometimes, the best way is to find a list of potential career paths.
Accounting is a fast-growing field and is projected to grow four percent from 2019 to 2029. The employment growth of accountants will be closely tied to the health of the overall economy. The national average accountant starting salary is about $31,000 per year. For individuals with experience in this field, they can expect to earn a senior accountant salary of over $100,000 per year.
Throughout an accountants day, numbers are constantly being used on computers, calculators, spreadsheets, tax records, and even on self addressed envelopes.
One high-paying branch of science that involves a love of numbers includes chemistry. A chemist’s role includes being engaged in chemical research and experiments. Chemists investigate the properties of matter at the level of atoms and molecules, while also measuring proportions and reaction rates.
They do this to understand unfamiliar substances and how they behave, and also to create new compounds for a variety of practical applications in various industries. When it comes to using numbers, chemists will conduct qualitative and quantitative chemical analyses or experiments. When these processes are conducted in laboratories, they are done for quality or process control, or to develop new products or knowledge.
3. Real Estate Investor
Real estate investment is a number-rich career. Real estate investors are people who buy usually renovated property to sell or keep as a rental. The main goal with all of this is to build wealth while finding investment properties. Real estate investment can be lucrative for those willing to put in the work.
Though potentially lucrative, real estate investing can be difficult and requires a lot of numbers crunching. Real estate investors use numbers to measure the property, calculate foreclosure rates, follow the rising and lowering numbers of the real estate market, downpayment amounts, customer payments, gross rental yield, and a host of other figures. You’ll want to have a working knowledge of listing services, interest rates, property taxes in your local area, and down payment market trends before you bid on your first property. Even if you’re a cash buyer, a lot of time will be spent trying to look for the best real estate investments for market properties. This amount of time can increase if you’re looking to flip houses as a good investment.
An investor will have to run the numbers to also know what should be offered to a homeowner. Numbers also come into play when using a professional real estate investment analysis and valuation tool that accurately calculates rehab costs and helps an investor determine the After Repair Value (ARV) of a home or multi-family property. You don’t have to be a real estate agent or landlord to up your net worth through the income property marketplace.
The highest salary range for a professional real estate investor is $100,000 to 123,000 a year. This is translated to an hourly rate of $51.28 per hour. In other circumstances, when the real estate market is working at its best level, a professional real estate investor can see his or her salary go as high as $170,000, making this a lucrative numbers related career.
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