Physics

Physical Sciences

Physics graduates with a bachelor's typically earned about $77,478, measured a few years after finishing (median across US programs, College Scorecard).
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Median earnings by degree level

Earnings range across schools, by degree levelEach row is a degree level: the bar is the middle half of schools' program medians (25th to 75th percentile) and the dot is the overall median. Bachelor's median $77,478, $67,605 to $87,944; Master's median $111,173, $95,208 to $127,533; Doctoral median $141,253, $132,984 to $166,997.$68k$117k$167kBachelor's$77,478Master's$111,173Doctoral$141,253
Earnings range across schools, by degree levelEach row is a degree level: the bar is the middle half of schools' program medians (25th to 75th percentile) and the dot is the overall median. Bachelor's median $77,478, $67,605 to $87,944; Master's median $111,173, $95,208 to $127,533; Doctoral median $141,253, $132,984 to $166,997.$68k$117k$167kBachelor's$77,478Master's$111,173Doctoral$141,253
DegreeMedian earningsTypical rangeSchoolsClear the bar
Bachelor's Degree$77,478$67,605 to $87,94410899%
Master's Degree$111,173$95,208 to $127,5339100%
Doctoral Degree$141,253$132,984 to $166,9979100%

"Clear the bar" is the share of programs whose graduates out-earn a typical high-school graduate (the federal earnings-premium test). Typical range is the 25th to 75th percentile of program medians.

Job outlook

Projected employment growth +5% (2025 to 2035), about 75,100 openings a year across the occupations this field commonly leads to.

OccupationMedian payGrowthOpenings/yr
Secondary School Teachers, Except Special and Career/Technical Education$72,040-0.2%63,500
Natural Sciences Managers$167,220+8.2%9,200
Physicists$172,250+7.2%1,300
Physics Teachers, Postsecondary$100,310+2.4%1,100

Occupation pay and outlook: U.S. Bureau of Labor Statistics (OEWS wages, Employment Projections). A field maps to several occupations, and the same occupations serve many majors, so these are the jobs this major commonly leads to, not positions reserved for its graduates; the openings should not be added up across majors.

Where this is studied

The 8 colleges where the most students complete a physics program, of 808 that report one. Ordered by number of completions only: this is where people study it, not a judgement about where to.

Earnings source: U.S. Department of Education College Scorecard (release 2026-06-10), median earnings of graduates measured up to four years after completing. Figures describe past graduates and are never a promise. Method: methodology. Report an error.