- Half say they could only fulfil their earnings potential in a big city.
- 2 in 3 would choose a higher salary over a career they are more interested in.
- Interactive map showing salary expectations across America.
Texas is a hotbed of optimism and ambition, according a study by online course platform Teachable. Young people in the Lone Star State expect to earn more than those in most other states – a career high $63,073 per year, a whopping 62% more than the average salary in the state.
But Texas isn’t the only state where young people are dreaming big. In Massachusetts, 18-24 year olds expect to earn an astonishing $97,000 per year, an aspirational 77% more than the state average. Meanwhile, in Oklahoma, young people are less ambitious, with only expecting to reach $45,486, 21% more than the state average. List of states from most to least optimistic:
1. Massachusetts2. Hawaii 3. New Hampshire 4. North Dakota 5. New York 6. Virginia 7. Connecticut 8. California 9. New Jersey 10. Washington 11. Illinois 12. Wyoming 13. Delaware 14. Colorado 15. Alaska 16. Michigan 17. Maine 18. Minnesota 19. Vermont 20. Maryland 21. Arizona 22. Pennsylvania 23. Texas 24. Oregon 25. Rhode Island 26. Wisconsin 27. Georgia 28. Florida 29. Indiana 30. New Mexico 31. Montana 32. Ohio 33. Kansas 34. North Carolina 35. Nebraska 36. South Carolina 37. Missouri 38. Nevada 39. Utah 40. Kentucky 41. Arkansas 42. Iowa 43. Alabama 44. Louisiana 45. Tennessee 46. Mississippi 47. West Virginia 48. Idaho 49. South Dakota 50. Oklahoma
Teachable having included an interactive map showing salary expectations across America. However, there are limits as to where young people today feel they can reach their potential when it comes to earnings. 48% of those surveyed said they feel they will not be able to fulfill their potential in small towns, and instead would need to move to a city in order to earn the big bucks. Cities tend to have a higher concentration of job opportunities, particularly in fields such as finance, technology, and healthcare. Additionally, cities often have higher median salaries than rural areas. According to a study by the Economic Policy Institute, the hourly wage gap between urban and rural workers was 15.3% in 2019, with urban workers earning an average of $24.06 per hour compared to rural workers earning an average of $20.69 per hour.
Finally, two-thirds of 18-24 year olds say they would settle for a job that wasn’t a preferred career path just for a higher salary. Some young people may settle for a job that isn’t their preferred career path for a higher salary due to financial pressures, such as paying off debt, supporting themselves or their family, or saving for the future. Additionally, job security and the stability of a steady income can also be a factor. Some people may also believe that they can use the higher salary as a stepping stone to reach their long-term career goals, such as gaining valuable experience or saving money to pay for further education.Teachable.“Young people are, no doubt, navigating challenging economic conditions right now. But the survey’s overall finding of long-term optimism among 18-24 year olds rings true to other trends we’ve witnessed in the last few months, particularly a continued rise in the number of new U.S. business applications” says Vera Hanson at