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There is more than meets the eye when it comes to being a modeler. For example, did you know that they make an average of $34.4 an hour? That's $71,555 a year!

Between 2018 and 2028, the career is expected to grow -6% and produce -200 job opportunities across the U.S.

What Does a Modeler Do

There are certain skills that many modelers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed discipline, listening skills and style.

When it comes to the most important skills required to be a modeler, we found that a lot of resumes listed 12.3% of modelers included python, while 9.5% of resumes included revit, and 8.9% of resumes included data analysis. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the modeler job title. But what industry to start with? Most modelers actually find jobs in the finance and technology industries.

How To Become a Modeler

If you're interested in becoming a modeler, one of the first things to consider is how much education you need. We've determined that 46.9% of modelers have a bachelor's degree. In terms of higher education levels, we found that 29.4% of modelers have master's degrees. Even though most modelers have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a modeler. When we researched the most common majors for a modeler, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on modeler resumes include associate degree degrees or doctoral degree degrees.

You may find that experience in other jobs will help you become a modeler. In fact, many modeler jobs require experience in a role such as internship. Meanwhile, many modelers also have previous career experience in roles such as research assistant or 3d artist.

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Average Salary
$71,555
Average Salary
Job Growth Rate
-6%
Job Growth Rate
Job Openings
694
Job Openings

Modeler Career Paths

Top Careers Before Modeler

Top Careers After Modeler

Artist
12.4 %
3D Artist
10.3 %

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Modeler

Modelers in America make an average salary of $71,555 per year or $34 per hour. The top 10 percent makes over $163,000 per year, while the bottom 10 percent under $31,000 per year.
Average Salary
$71,555

Best Paying Cities

City
ascdesc
Average Salarydesc
San Francisco, CA
Salary Range81k - 166k$116k$116,224
Quincy, MA
Salary Range75k - 159k$110k$109,685
Washington, DC
Salary Range75k - 154k$108k$107,970
New York, NY
Salary Range74k - 151k$106k$106,239
Philadelphia, PA
Salary Range71k - 144k$102k$101,985
Columbus, OH
Salary Range68k - 148k$101k$100,791
$49k
$166k

Recently Added Salaries

Job TitleCompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Cashflow Modeler, Structured Finance Modeler
Cashflow Modeler, Structured Finance Modeler
Wells Fargo
Wells Fargo
01/21/2021
01/21/2021
$47,50001/21/2021
$47,500
Cashflow Modeler, Structured Finance Modeler
Cashflow Modeler, Structured Finance Modeler
Wells Fargo
Wells Fargo
01/21/2021
01/21/2021
$47,50001/21/2021
$47,500
Cashflow Modeler, Structured Finance Modeler
Cashflow Modeler, Structured Finance Modeler
Wells Fargo
Wells Fargo
01/21/2021
01/21/2021
$47,50001/21/2021
$47,500
Contractor/Re Modeler
Contractor/Re Modeler
Glass Doctor-Norcross
Glass Doctor-Norcross
01/19/2021
01/19/2021
$65,00001/19/2021
$65,000
Electrical BIM Modeler
Electrical BIM Modeler
Selectek
Selectek
12/15/2020
12/15/2020
$52,17512/15/2020
$52,175
See More Recent Salaries

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Modeler Demographics

Gender

male

67.1 %

female

20.0 %

unknown

12.9 %

Ethnicity

White

65.1 %

Hispanic or Latino

15.3 %

Black or African American

7.8 %

Foreign Languages Spoken

Spanish

34.0 %

French

10.0 %

Chinese

8.0 %
See More Demographics

Modeler Education

Majors

Animation
14.7 %

Degrees

Bachelors

46.9 %

Masters

29.4 %

Associate

10.1 %
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Modeler

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 12.3% of modelers listed python on their resume, but soft skills such as discipline and listening skills are important as well.

Best States For a Modeler

Some places are better than others when it comes to starting a career as a modeler. The best states for people in this position are Alaska, Mississippi, Missouri, and New Jersey. Modelers make the most in Alaska with an average salary of $121,344. Whereas in Mississippi and Missouri, they would average $110,355 and $108,909, respectively. While modelers would only make an average of $108,902 in New Jersey, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. North Dakota

Total Modeler Jobs:
2
Highest 10% Earn:
$198,000
Location Quotient:
0.9
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Nebraska

Total Modeler Jobs:
5
Highest 10% Earn:
$198,000
Location Quotient:
0.94
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Missouri

Total Modeler Jobs:
8
Highest 10% Earn:
$202,000
Location Quotient:
0.57
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Modeler Employers

1. CREDIT RISK MANAGEMENT
4.5
Avg. Salary: 
$85,572
Modelers Hired: 
66+
2. Quicken Loans
4.8
Avg. Salary: 
$77,946
Modelers Hired: 
35+
3. Cambridge Systematics
3.9
Avg. Salary: 
$70,293
Modelers Hired: 
33+
4. JPMorgan Chase
4.9
Avg. Salary: 
$98,928
Modelers Hired: 
29+
5. Tesla
4.8
Avg. Salary: 
$84,145
Modelers Hired: 
26+
6. Munich Reinsurance America
4.9
Avg. Salary: 
$78,977
Modelers Hired: 
21+

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Updated October 2, 2020