How much is 6 figures in cash (and how to earn that much)

Share for good karma! 😉

A lot of people talk about making a 6 figure income, but how much is 6 figures really? 

Pin image of how much is 6 figures

We get carried away with the talk about six figures and forget to check how much it is in reality.

You may also want to know how much is 7 figures, 8 figures, 9 figures, even 10 figures in money.

This post will explain what a 6 figure is, even 7, 8, 9, and 10 figure incomes, and the jobs that pay that much. 

 So, let’s get down to business. 

What is a figure? 

A figure is any number or digit. It can be 1, 2, or any number at all.

Photo of figures; how much is 6 figures

For example, the number 1 has only one digit, and it can be called one figure. The number 15 has two digits, and it is called two figures. The number 5,000 has four digits, and it is called four figures.

What is 6 figures?

Firstly, a 6 figure is any number that has 6 digits. So when asking how much is 6 figures? A 6 figure income is an amount you earn that has six digits. 

For instance, $100,000 is a 6 figure income. It is the lowest 6 figure income available, while the highest is $999,999.

Earning any amount between these two values and above means earning a 6 figure income.

Since counting the number of digits in an income can tell the figure you are earning, you should be careful not to count the number representing cent as figures. 

A 6 figure amount is strictly about the dollars, not cents.

What does having 6 figures mean?

Photo of money that is up to 6 figures

If you hear a person say that they have six figures, they may not only be talking about the salary. The 6 figures may be the total net worth of a person. This usually includes the value of their investment and not just wages.

How much is a 6 figure salary? 

When talking about a 6 figure salary, it means any amount you earn from doing a job that pays you between $100,000 and $999,999. This salary is usually paid per year. 

So, when people are talking about making a 6 figure salary, it means that 6 figures is what they make per annum.

Having a 6 figure salary varies because they can either be on the lower side ($100,000) or, the higher side ($999,999). 

Two people can be earning a 6 figure salary but with a significant difference in worth. A person earning $100,000 per year is not the same as the person making $900,000 per year. There is about $800000 difference, and that is a considerable sum of money.

Is 6 figures a good salary? 

Generally, I would say that a 6 figure salary is a good salary. However, it depends on the person that is earning the amount and other factors surrounding them. 

These factors include their lifestyle, family size, and cost of living.

A person earning a hundred thousand dollars in Texas with a family of 3 can live more comfortably than a person making the same amount in New York. This is due to the difference in the cost of living.

Photo of how much is 6 figures

Also, the answer to how much is 6 figures depends on whether you owe a debt. If you have a massive amount of debt to clear out, a 6 figure year salary on the lower side may not be that valuable for you. A huge portion will go to the debt.

A 6 figure income is generally considered a good one, but not everyone in America is earning it. It’s only about 5.4% of Americans that make about $100,000 or more every year.

If you earn a 6 figure salary, you can make it even better by building a financially secure future. This means making ways to have substantial savings and investments.

Investing with the six figures income can make you a better living than the 45% of Americans who do not have any investment. 

These people survive from paycheck to paycheck, and they know that that lifestyle won’t make them financially stable anytime soon. 

So, it is good to have a six-figure salary, but in the long run, it depends on what you do with it.

Jobs that pay 6 figures 

People that usually earn 6 figures do any of the following jobs:

  • Actuary
  • Air traffic controller 
  • Anesthesiologist
  • Blogger
  • Business owners
  • Commercial pilot
  • Computer and research scientists 
  • Dental hygienists
  • Dentists
  • Doctors
  • Elevator installers/repairers
  • Financial managers
  • Petroleum engineers
  • Web developer 
  • YouTubers

Jobs that pay 6 figures with a degree

  • Actuary 

An actuary is a person that assesses and manages risk for people and insurance companies.  They have a median salary of about $102,880. 

  • Anesthesiologist

An anesthesiologist administers local or general anesthesia to patients during medical procedures and monitors them for signs. They earn a mean annual salary of $292,369. 

Photo of cash
  • Computer and research scientists 

Computer and information research scientists are responsible for creating tools and applications with the computer to solve problems

They earn a median annual salary of $126,830.

  • Doctors

Doctors look after the general health of people. The amount they earn depends on their specialty.

  • Dentists 

Dentists specialize in treating the teeth and gums. Their median annual salary is $156,240.

  • Financial manager

You will mostly find financial managers in the bank, insurance companies, or other organizations. They have a duty of maintaining the long-term health of the company and its client.

They earn a median annual salary of  $127,990.

  • Petroleum engineer 

Petroleum engineers usually work for oil companies in the oil and gas sector. They earn a median annual salary of $137,170.

Jobs that pay 6 figures without a college degree 

Photo of money

It is also possible to earn a six-figure salary when you do not have a college degree. These jobs can pay you that:

  • Blogging 

Many people are earning six figures from blogs. These people have numerous blogs, and they dedicated so much time and hard work to it, and they now earn 6 to7 figures.

Though some people have college degrees, blogging does not require any qualification or a college degree to start. You just need to know what is selling out there and how to get people to buy it from your blog.

  • Business people

After dedicating your time and energy to a business, you can quickly start earning six figures from it. It could be a coffee shop, a clothing store online, a food truck business, or just anything.

However, know that it is a risk to open a business. So, you should take your time to do some market research and write a good business plan before starting.

To make money with YouTube, just need to create an excellent video and make it go viral. When people love your videos, they will keep coming back for more. 

You will then continue creating other video content to make six figures without even having a college degree.

  • Dental hygienists 

Dental hygienists make up to $101,000 from examining the teeth and gum of patients and cleaning them. They also advise them on how to care for their mouths.

  • Air traffic controller 

Air traffic controllers monitor air traffic, takeoffs, and landings to ensure that everything goes smoothly with air transportation. With this job, they earn a median annual salary of $124,540.

  • Commercial pilot 

Commercial pilots are into flying commercial planes with cargos or/and passengers. They earn a median annual salary of $111,930 

  • Web developer 

You do not need a college degree to design or build a website for clients. 

People like Mark Zuckerberg have proven that a college degree is not needed to earn more than a six-figure income.  Remember that he dropped out from Harvard before graduation.

  • Elevator installer or repairer 

Doing elevator installation and repairs has paid a lot of people 6 figure salaries. Right now, they earn a median annual salary of $101,330. 

How much is 7 figures? 

Photo of money that is up to 6 figures

A seven-figure is a number that has seven digits. A 7-figure salary starts from $1,000,000 to $9,999,999.  Anyone that has a seven-figure is referred to as a millionaire. 

Jobs that pay 7 figures 

There are jobs that pay seven figures, but not many people have it. People that do these jobs include 

  • Actors
  • Athletes
  • Movie stars
  • CEO 
  • Business owners
  • Fashion designers
  • Social media influencers 
  • YouTubers
  • Bloggers
  • Lawyers
  • Specialized surgeons
  • Investors
  • Real estate developers 
  • Software developers
  • Investment bankers
  • Business Executives

Like you have seen, some jobs were listed for six figures that are also listed for 7 figures. 

These jobs include business owners, bloggers, and YouTubers. These people who earn 6 figure salaries from these jobs can also put in more effort and time to earn a 7 figure salary from this job. 

This is why six-figure salary jobs are usually put into the income bracket with 7-figure salary jobs.

Is a 7-figure salary good?

Of course, a 7-figure salary is good. If a person earns a 7-figure salary a year, they can easily quit any job to live with what they have made. 

Photo of cash

At this stage of a person’s life, it is believed that they are attracting money and not just working for it.

However, you still need sound financial management even as a millionaire. Things can go wrong.

How much is 8 figures? 

An eight-figure is any number that ranges from 10,000,000 to 99,999,999. 

A person that ends an eight-figure salary ends between $10,000,000 a year but less than $100,000,000 a year.

So, if you asked, how much is eight figures? The answer is, it is not an easy amount to blink at.

How much is an 8 figure salary?

An 8 figure salary is when you earn between 10 million dollars but not up to 100 million dollars a year before removing your tax income.

An eight-figure salary is not an easy amount to come by, so when people say they have eight figures, they may be referring to their salaries plus other values of benefits they receive like endorsements or stock options.

So, don’t even bother asking if 8 figures is a good salary because it is a lot better.

Jobs that pay 8 figures

These are very high-quality jobs. People who earn this kind of money either work in positions where they make an excessive amount of money for their employers or are employers themselves.

Photo of money

According to research, it is believed that most millionaires in the US that earn 8 figures are self-made, or they run businesses that pay them that much.

So, people that earn up to eight-figure salaries include

  • CEOs like Bob Iger of Disney, who earned $65.6 million in his final year as CEO
  • Actors like Dwayne Johnson earned $89.4 million from starring in the film, Jumanji: The Next Level
  • Professional athletes like Roger Federer, who earned $93.4 million in 2019

How much is 9 figures? 

Just like the answer we gave for ‘how much is 6 figures’, 9 figures is any number that has 9 digits, like 100,000,000. So when a person says they have nine figures, they have between $100,000,000 and $999,999,999. 

These people are just a step away from being billionaires.

Just like eight figures, people that earn 9 figures are usually CEOs, or self-made business people, or entertainers.

Jobs that pay 9 figures 

People that have nine figures of the year include:

  • Professional athletes like Lionel Messi, who earned $127 million in 2019
  • Entertainers like Oprah Winfrey, who had earned over $300 million at one stage
  • Business executives like David Zaslav $129 million 499,005 a year
Photo of a lady looking rich

How much is 10 figures? 

A ten figure is a number that has 10 digits. This income ranges from 1,000,000,000 to 9,999,999,999 dollars. People that have this amount are called billionaires.

Examples of people who are worth 10 figures or more

Conclusion

We have carefully learned and answered the question “how much is 6 figures?”. We’ve also extended to how much is 7 figures, 8 figures, 9 figures, and 10 figures.

It is quite interesting to know that people earn up to 10 figures, and it is really inspiring.

After reading this post, I am sure you can answer for yourself ‘how much is 6 figures’. And really, it is not so difficult to earn. With hard work and consistency, financial prosperity is guaranteed.

Lily & The DollarCreed Team

Share for good karma! 😉

Leave a Comment

Your email address will not be published. Required fields are marked *

We use cookies to ensure that we give you the best experience on our website.