Cardiologists, CEOs and Psychiatrists are top 3 highest paying job positions in Roanoke
Roanoke, Virginia – According to the U.S. News and World Report, the highest paying jobs in America in 2023 were mostly in the health care sector, such as anesthesiologists, oral and maxillofacial surgeons, obstetricians and gynecologists, surgeons and orthodontists, who all earned an annual median salary of $208,000. Other high-paying occupations included chief executives, psychiatrists, pediatricians, dentists and petroleum engineers.
However, these high-paying jobs were not immune to the effects of inflation, which reached a 6.5% annual rate in December 2022, the highest since 1982. Inflation eroded the purchasing power of workers and consumers, as the prices of goods and services rose faster than wages and incomes. Inflation also contributed to a slowdown in hiring, as employers faced higher costs and lower demand. The unemployment rate rose from 4.2% in November 2022 to 4.6% in December 2022, the highest since April 2021.
The outlook for 2023 was not very optimistic, as many economists and financial experts predicted a recession in the U.S., due to persistent inflationary pressures, tighter monetary policy, geopolitical tensions, supply chain disruptions and the emergence of new variants of the coronavirus.
The Roanoke Valley pretty much follows the nationwide trend when it comes to highest paying jobs and market trend. According to a recent report by Stacker, Cardiologists, CEOs and Psychiatrists are top 3 highest paying job positions in the Roanoke Valley area. It’s worth noting that Roanoke area remains highly interesting for new business when planning new investment which further tightens competition in terms of talents wanted by major companies.
Based on the latest data from the U.S. Bureau of Labor Statistics, Stacker has compiled a list of the highest-paying jobs in Roanoke, Virginia, ranked by average annual salary as of May 2021. Despite the vibrant economy and abundance of job opportunities in the region, the annual mean wage in Roanoke is $50,000, which is approximately 14% lower than the national mean of $58,260. However, there are still several high-paying jobs available in the area, with the top-paying position offering a staggering annual salary of $279,000. As the job market continues to evolve and expand, it is essential for job seekers in Roanoke to stay informed about the latest trends and opportunities to maximize their earning potential.
This is the full list of highest paying jobs in Roanoke:
- Cardiologists
Roanoke, VA
– Annual mean salary: $279,210
– #23 highest among all metros
– Employment: Data not available
National
– Annual mean salary: $353,970
– Employment: 18,610
– Education: nan
Roanoke, Virginia, has recently been identified as the home of one of the highest-paying jobs in the country, with a cardiologist in the region earning an impressive annual salary of over $200,000. This position ranks as the No. 23 highest-paying job among all metropolitan areas in the United States, including other major cities such as Washington D.C., Arlington, VA, Alexandria, VA, and West Virginia. This recognition is a testament to the thriving healthcare industry in Roanoke, which has continued to grow and expand in recent years, offering a wide range of career opportunities to individuals looking to make a positive impact in the field. As the demand for skilled medical professionals continues to rise, Roanoke is well-positioned to attract and retain top talent, ensuring the continued success and prosperity of the region.
- Chief Executive, A.K.A CEO
Roanoke, VA
– Annual mean salary: $220,400
– #96 highest among all metros
– Employment: 140
National
– Annual mean salary: $213,020
– Employment: 200,480
– Education: Bachelor’s degree
Chief Executive Officers, also known as CEOs, continue to rank as the second-highest paying job in the Roanoke Valley. In order to qualify for this prestigious position, individuals are typically required to possess at least a bachelor’s degree in a relevant field. As the highest-ranking individual within a company, the CEO plays a critical role in shaping the organization’s overall direction and long-term success. This includes making strategic decisions and implementing effective policies and procedures to drive growth and profitability. Given the substantial responsibilities and high level of expertise required for this role, it is no surprise that CEOs are among the most well-compensated professionals in the country. As businesses continue to navigate an ever-changing economic landscape, the demand for skilled and experienced CEOs is likely to remain strong, providing ample opportunities for career growth and advancement in the years to come.
- Psychiatrists
Roanoke, VA
– Annual mean salary: $209,400
– #84 highest among all metros
– Employment: Data not available
National
– Annual mean salary: $249,760
– Employment: 25,520
– Education: Doctoral/Professional
The COVID-19 pandemic has had a profound impact on the mental health of people around the world, leading to a surge in demand for psychiatrists and mental health specialists. These professionals are highly trained medical doctors who specialize in the diagnosis and treatment of mental illnesses and disorders. Their expertise is invaluable in analyzing the complex interplay between mental and physical health and providing patients with the tools and resources they need to overcome psychological challenges. In addition to diagnosing patients and prescribing medication, psychiatrists also play a critical role in providing counseling and therapy to individuals struggling with mental health issues. As the pandemic continues to create new challenges for individuals and communities alike, the demand for skilled and compassionate mental health professionals is likely to remain strong, highlighting the essential role that psychiatrists play in our healthcare system.
- Family Medicine Physicians
Roanoke, VA
– Annual mean salary: $200,310
– #218 highest among all metros
– Employment: 300
National
– Annual mean salary: $235,930
– Employment: 102,930
– Education: Doctoral/Professional Degree
Family medicine physicians play a critical role in our healthcare system, providing essential medical care and services to patients across a wide range of ages and medical conditions. According to recent data, these professionals earn an impressive annual salary of $200,310, reflecting their extensive training and expertise in the field. To qualify for this role, individuals typically need to possess a doctoral or professional degree in medicine, and work in hospitals or offices where they diagnose injuries, order tests, and provide general medical care to their patients. In addition to treating specific illnesses or injuries, family medicine physicians also play a key role in preventative care, helping patients maintain optimal health through regular check-ups, screenings, and lifestyle recommendations. As our healthcare system continues to evolve and expand, the demand for skilled and compassionate family medicine physicians is likely to remain strong, making this an exciting and rewarding career path for individuals looking to make a positive impact in the lives of others.
- General Internal Medicine Physicians
Roanoke, VA
– Annual mean salary: $197,900
– #112 highest among all metros
– Employment: 300
National
– Annual mean salary: $242,190
– Employment: 58,260
– Education: Doctoral/Professional Degree
With over 50,000 people employed in the field, this job requires a Doctoral or professional degree. General internal medicine diagnoses and provide non-surgical treatment for various diseases and injuries of the internal organ system.
- Dentists, general
Roanoke, VA
– Annual mean salary: $150,420
– #253 highest among all metros
– Employment: 180
National
– Annual mean salary: $167,160
– Employment: 108,680
– Education: Doctoral/Professional Degree
Contrary to popular belief, dentists do far more than just provide basic dental care and hygiene tips. In fact, they are highly trained medical professionals who play a crucial role in the diagnosis, treatment, and prevention of oral infections and diseases that can impact your overall health and well-being. From detecting and treating cavities and gum disease, to repairing or extracting damaged teeth, dentists are equipped with the knowledge and expertise necessary to address a wide range of complex dental issues. In addition, many dentists are also trained in advanced cosmetic procedures, such as teeth whitening and dental implants, that can improve the appearance and functionality of your teeth and gums. Whether you are seeking routine dental care or more specialized treatment, a qualified dentist can provide you with the high-quality care and personalized attention you need to maintain optimal oral health throughout your life.
- Marketing Managers
Roanoke, VA
– Annual mean salary: $144,140
– #60 highest among all metros
– Employment: 110
National
– Annual mean salary: $153,440
– Employment: 278,690
– Education: Bachelor’s Degree
In recent years, marketing has emerged as a popular career choice for many members of Gen Z, who are drawn to its dynamic and creative nature. However, succeeding in this field requires a level of organization and technical expertise that many people may not initially realize. At the heart of the marketing industry are Marketing Managers, who play a critical role in developing and executing successful campaigns for clients across a wide range of industries. These professionals are responsible for making strategic business decisions, developing innovative advertising and promotional strategies, and harnessing the power of social media and other digital platforms to drive engagement and increase brand awareness. Whether they are developing a new advertising campaign, managing a social media presence, or analyzing data to track performance and identify new opportunities, Marketing Managers must possess a keen understanding of consumer behavior and be able to think creatively to stand out in a crowded marketplace. For individuals who are passionate about marketing and possess the skills and knowledge necessary to succeed in this field, a career as a Marketing Manager can be both fulfilling and rewarding.
- Financial managers
Roanoke, VA
– Annual mean salary: $136,230
– #133 highest among all metros
– Employment: 370
National
– Annual mean salary: $153,460
– Employment: 681,070
– Education: Bachelor’s Degree
Financial Managers are highly skilled professionals who possess a deep understanding of finance, accounting, and business strategy. Their primary responsibility is to oversee the financial health of a company or their clients, ensuring that resources are used effectively and that financial goals are met. They compile and analyze data to identify patterns and trends, using this information to develop financial plans that will guide the organization’s growth and success. In addition, Financial Managers are responsible for creating accurate and timely financial reports that provide stakeholders with critical insights into the organization’s performance. They work closely with other members of the leadership team to make strategic business decisions, such as how to allocate resources, when to invest in new initiatives, and how to manage risk. To be successful in this role, Financial Managers must possess strong analytical and problem-solving skills, as well as a deep understanding of financial regulations and reporting requirements. They must be able to communicate complex financial information in a clear and concise manner, and have the ability to work collaboratively with colleagues across a range of departments and functions. For those with a passion for finance and a talent for numbers, a career as a Financial Manager can be both challenging and rewarding.
- Computer & Information Systems Managers
Roanoke, VA
– Annual mean salary: $131,690
– #180 highest among all metros
– Employment: 160
National
– Annual mean salary: $162,930
– Employment: 485,190
– Education: Bachelor’s Degree
Computer and Information System Managers play a critical role in today’s technology-driven business landscape. They are responsible for overseeing the planning, implementation, and maintenance of computer systems and networks that support organizational goals and objectives. These professionals typically work in the IT department, where they supervise and coordinate computer-related activities and ensure that technology solutions align with the needs of the business. They install software and hardware, manage network security, and troubleshoot problems as they arise. In addition, Computer and Information System Managers are responsible for developing strategies to improve IT operations and increase efficiency, as well as working to identify emerging trends and technologies that can help their organizations stay ahead of the curve. They must possess strong technical skills, as well as excellent leadership and communication abilities, in order to effectively manage teams and drive results. For those with a passion for technology and a talent for problem-solving, a career as a Computer and Information System Manager can be both challenging and rewarding.
- Personal Financial Advisors
Roanoke, VA
– Annual mean salary: $125,680
– #64 highest among all metros
– Employment: 220
National
– Annual mean salary: $119,960
– Employment: 263,030
– Education: Bachelor’s Degree
Personal Financial Advisors play a critical role in helping individuals and families achieve their financial goals. They work closely with clients to understand their unique financial needs and develop customized strategies and plans to help them meet their objectives. These professionals offer advice and guidance on a wide range of financial topics, including investment management, retirement planning, tax planning, and estate planning. Personal Financial Advisors help their clients navigate complex financial decisions, such as choosing the right investment vehicles or determining the best time to buy or sell assets. They also assist with tax planning, helping clients to minimize their tax liabilities and maximize their savings. In addition, Personal Financial Advisors work to ensure that their clients are financially stable over the long term, helping them to manage debt, build savings, and plan for unexpected expenses. With their expertise in financial planning and their commitment to their clients’ financial well-being, Personal Financial Advisors play a critical role in helping individuals and families achieve financial security and stability.
