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The average credit score by age 60 is currently 745, which falls in the very good range. Your credit score is an important indicator of how well you use credit, and it can help you reach financial goals like securing a home loan at favorable rates.

Knowing what the average credit score by age 60 is and how yours compares can be an important step in assessing your financial status. Here, learn more about this topic and how you might build your credit score further.

What Is the Average Credit Score by Age 60?

Credit scoring bureaus don’t break down average credit scores by age. Rather, they show data based on age ranges for generations. Those around age 60 are considered the Baby Boomer generation (at the younger end) and therefore have an average credit score of 745 on the FICO® (Fair Isaac Corporation) rating system, which is the most popular one used.

What Is a Credit Score?

A credit score is based on information from your credit history that gives companies an insight into your credit behavior. This three-digit number, calculated using formulas from credit scoring bureaus like FICO and VantageScore®, predicts the likelihood you’ll pay back loans on time. This can also be thought of as your risk as a borrower.

Credit scores start at 300 and top out at 850. The ranges for FICO scores are:

Poor	300-579
Fair	580-669
Good	670-739
Very good	740-799
Excellent (or exceptional)	800+

Average Credit Score by Age

In general, someone who is 60 years or older tends to have a higher credit score than younger people. It makes sense, considering older folks have more opportunities to build and maintain their credit history.

According to Experian data from October 2023, the average FICO credit score is broken down by age as follows.

Age group	Average credit score
Gen Z (18 to 26)	680
Millenials (27 to 42)	690
Gen X (43 to 58)	709
Baby boomers (59 to 77)	745
Silent generation (78+)	760

As you see, the average score steadily increases with age. Worth noting: Your credit score is updated regularly as new payment data is added to your report.

What’s a Good Credit Score for Your Age?

There really isn’t a certain credit score that’s considered “good” for your age. Rather it’s more useful to see where you stand right now, how you compare to your peers, and see whether your current credit score can help you reach your goals. For example, if you’re looking to refinance your mortgage, you’ll want to see if your current credit score can help you qualify for a loan with favorable rates.

Another way of looking at what is a good credit score for your age is to simply look at the ranges for these scores. The good range goes from 670 to 739, which is often good enough to qualify you for loans and lines of credit. However, if you have a very good score (740 to 799) or an excellent or exceptional one (between 800 and 850), you would likely qualify for more competitive rates and terms when borrowing money. Or if you were applying for a new credit card, you’d likely be approved for one with a richer rewards program if you had a higher score.

Checking your credit score in the same way that you might monitor your bank account balance or track your spending can be a wise financial habit that helps you understand where you stand.

How Are Credit Scores Used?

Credit score is one factor lenders look at when assessing your risk as a lender. The higher your credit score, the more likely you’re responsible with credit, and pay back loans on time. It also shows lenders how you use credit, such as the types of loans you take out, and whether you rack up higher balances on credit cards. Other lenders like credit card issuers may even require minimum credit score requirements to approve you for higher credit limits or access to luxury credit cards.

Recommended: What Is the Biweekly Money Saving Challenge?

How to Build Your Credit Score

While your credit score can fluctuate over time for reasons like accidentally missing a payment, there are plenty of opportunities to positively impact your score. Consider setting up automatic payments or reminders to pay your balances, as well as keeping all your accounts current. At the very least, pay the minimum amount owed or any past-due amounts. (More about specific factors to build credit is detailed below.)

Checking your credit history report from the major credit bureaus — TransUnion®, Experian®, and Equifax® — is also useful, as well as regularly monitoring your credit score. That way, you can see what is affecting your credit score and take positive steps to build it if necessary. Reviewing your credit reports is also helpful in case there are any errors you need to dispute.

Recommended: Why Did My Credit Score Drop After a Dispute?

How Does My Age Affect My Credit Score?

Your age doesn’t directly affect your credit score because credit scoring models don’t use this as a factor. Rather, companies like FICO and VantageScore look at your credit behavior to calculate your score. As you get older, your score may go up because you may have a longer credit history (which can contribute positively to your score) and more opportunities to build credit over time. You may well have already taken out student loans, car loans, and a mortgage and handled these capably.

What Factors Affect My Credit Score?

There are five key factors that can affect your credit score.

1.   Payment history: Whether you pay your loans on time and if any have gone to collections is one of the most important factors in calculating your credit score.

2.   Credit utilization: This is the percentage of your credit limit you use on revolving accounts like credit cards. Financial experts suggest that this amount be no more than 30% (that is, using $5,000 if you have a $15,000 credit limit). A credit utilization of closer to 10% can be better still.

3.   Length of credit history: Scoring models tend to have more data when you have a longer credit history. This can be one reason why younger people tend to have lower credit scores.

4.   Credit mix: Having a mix of loans like mortgages, credit cards, and personal loans can show scoring models how you handle various kinds of credit. A combination of installment loans and lines of credit can be valuable in this regard.

5.   New accounts: If within a relatively short amount of time you open several new accounts, you could temporarily lower your score. This can make it look as if you are in need of funding and might overextend yourself.

At What Age Are Credit Scores Built the Most?

Experian data shows that the average credit score of Baby Boomers (59 to 77) is 36 points higher than the average credit score among Gen Xers (43 to 58), which represents the biggest gap, generationally speaking. This, however, may reflect external factors (such as economic conditions) rather than the financial habits of a particular peer group.

Also keep in mind that there is no set age when your credit score will be impacted the most. Behaviors such as consistent on-time payments and keeping your credit utilization low can be far more effective in helping you build your score than merely waiting for time to pass and assuming it will positively impact your score.

How to Build Credit

There are several best practices you can adopt to build credit:

•  Pay bills on time, all the time. Your payment history accounts for 35% of your credit score.

•  Become an authorized user on a credit card (if possible). If the cardholder has positive payment habits and credit usage, it can reflect well on you.

•  Consider a secured credit card or credit-builder loan. These financial products are designed for people seeking to build their credit. They can work well for those whose credit scores don’t qualify them for traditional credit cards or loans. (Learn more about these below.)

•  Get a cosigner on a loan, which can help you either qualify or qualify for better terms. Then as you manage your loan payments well, you can build your credit.

•  Limit applying for new credit to only when necessary. Each time there’s a hard credit inquiry made, it will temporarily lower your credit score, usually by several points. These can add up and negatively impact your score.

•  Keep your credit utilization low. As noted above, ideally your utilization will be below 30% of your credit limit or, better still, around 10%. A money tracker app, whether provided by your bank or a third party, can be useful in this endeavor as you watch how dollars flow in and out.

•  Have your rent or utility payments reported to the credit bureaus. There are services that can help you get these regular payments logged towards your credit score. Typically, they don’t count. You may have to pay for this service, but it can be a worthwhile move for some people.

•  Keep accounts open. The length of your credit history contributes to your credit score. So if you have, say, a credit card that you don’t use often and are thinking about closing, it could be in your best interests to keep it open and use it occasionally. Once you close it, you will shorten your credit history, which could ding your score. You will also be lowering your overall credit limit and potentially increasing your credit utilization, which can downgrade your score as well.

Credit Score Tips

Secured credit cards and credit builder loans can be good ways to build your credit, including in situations in which you have had negative marks on your report. These options can be especially valuable if it’s not possible to get a cosigner on a loan or become an authorized user on someone else’s credit card account.

•  With secured credit cards, you put down a refundable security deposit that serves as your credit limit. If you meet certain criteria like paying on time for a specified time period, you may be able to upgrade to an unsecured credit card.

•  Credit-builder loans are personal loans where you do not receive funds upfront. Rather, you pay the lender monthly installments, which they deposit in a separate savings or certificate of deposit (CD) account. Once the loan amount is paid off, you’ll get the funds. Fees and interest rates can vary on these loans.

The Takeaway

The average credit score by age 60 is currently 745, which falls into the very good credit score range. Understanding the average credit score at age 60 can be useful as a general metric, but it’s far better to find out what yours is and, if needed, find ways in which you can build yours. Regularly monitoring your credit score can be a wise move, as can taking steps like ensuring you pay bills on time, all the time, and don’t shorten your credit history as time passes.

Take control of your finances with SoFi. With our financial insights and credit score monitoring tools, you can view all of your accounts in one convenient dashboard. From there, you can see your various balances, spending breakdowns, and credit score. Plus you can easily set up budgets and discover valuable financial insights — all at no cost.

See exactly how your money comes and goes at a glance.

FAQ

What is the average credit score for seniors?

The average credit score for the Baby Boomer generation (born between 1946 and 1964) is 745, whereas it’s 760 for the Silent Generation (born between 1928 and 1945).

How rare is an 820 credit score?

An 820 credit score falls into the excellent or exceptional range for a FICO credit score. According to recent data, around 22% of U.S. consumers have a credit score in that range.

How rare is an 800 credit score?

An 800 credit score just nudges into the excellent or exceptional range. Around 22% of U.S. consumers have a FICO credit score that’s in the range of 800 to 850, which is the highest possible range.

How rare is an 825 credit score?

It’s somewhat rare for someone to have a credit score in the 825 range. In the U.S., 22% of consumers (or just over one in five) have FICO credit scores in the excellent or exceptional range, which runs from 800- to 850.

What credit score do most Americans have?

The average credit score on the FICO scale is currently 717, which qualifies as good. In terms of credit score ranges, the category with the largest percentage, with around 28% of Americans, is the very good credit score group, which runs 740-799. Different mathematical functions are responsible for this variation.

What is the average credit score to buy a house?

It’s difficult to pinpoint the average credit score needed to buy a house, because the figure will depend on the type of mortgage you want. For example, lenders typically look for at last a 620 credit score for conventional mortgages, whereas government-backed ones like FHA loans have credit score requirements as low as 500.

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Photo credit: iStock/Miljan Živković
SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.

*Terms and conditions apply. This offer is only available to new SoFi users without existing SoFi accounts. It is non-transferable. One offer per person. To receive the rewards points offer, you must successfully complete setting up Credit Score Monitoring. Rewards points may only be redeemed towards active SoFi accounts, such as your SoFi Checking or Savings account, subject to program terms that may be found here: SoFi Member Rewards Terms and Conditions. SoFi reserves the right to modify or discontinue this offer at any time without notice.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

This content is provided for informational and educational purposes only and should not be construed as financial advice.

Disclaimer: Many factors affect your credit scores and the interest rates you may receive. SoFi is not a Credit Repair Organization as defined under federal or state law, including the Credit Repair Organizations Act. SoFi does not provide “credit repair” services or advice or assistance regarding “rebuilding” or “improving” your credit record, credit history, or credit rating. For details, see the FTC’s website .

Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.

Third Party Trademarks: Certified Financial Planner Board of Standards Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, CFP® (with plaque design), and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.

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The general trend is that the older you are, the better your credit score. The average credit score for Gen Z is 680; that rises to 745 for Baby Boomers. This is largely because Boomers have had more time to build a credit history. Your credit history shows how well you manage your debt over time and how much of a risk you are to a lender.

You can improve your credit score by paying bills on time, not using more than 30% of the credit available to you, and using a variety of loans responsibly.

Here’s an in-depth look at credit scores by age and how you can maximize your score regardless of age.

What Is a Credit Score?

Your credit score is a measure of how well you manage your debt. Lenders can access your credit score from the three main credit reporting agencies: Equifax, Experian, and TransUnion. The scores you receive from each bureau vary because each bureau may have different information about your credit.

Your credit reports, on which your scores are based, show information such as loan-paying history and the status of your credit accounts.
When you apply for a loan or financing, lenders use your credit score to establish how risky you are as a borrower. The riskier you are, the lower your score, and the more interest you may pay for a loan.

Recommended: How to Check Your Credit Score for Free

Average Credit Score by Age

Here’s the average credit score by age and generation as of the second quarter of 2023, according to Experian.

Generation	Age	Average Credit Score
Gen Z	18 to 26	680
Millenials	27 to 42	690
Gen X	43 to 58	709
Baby Boomers	59 to 77	745
Silent Generation	78+	761

How Does My Age Affect My Credit Score?

While age doesn’t have a direct effect on your credit score, older generations tend to have higher scores because they’ve had more time to establish a solid credit history. Factors that affect your credit score include your payment history, your credit utilization, the length of your credit history, your credit mix, and how often you’ve recently opened a new line of credit.

However, according to OpenLending and TransUnion’s “Financing the Future” report, Generation Z and millennials are more likely to move up to higher credit tiers at a faster rate than older generations because of their borrowing habits.

What Factors Affect My Credit Score?

There are five main factors that make up your FICO® credit score, each with varying weights. The five factors include:

Payment History

Your payment history makes up 35% of your FICO score. It includes how promptly you pay your credit card bills, your mortgage, and any installment loans. A few late payments on credit cards or a mortgage won’t ruin your score, but any bankruptcies or collections may.

Credit Utilization

Your credit utilization makes up 30% of your FICO score. It measures the amount of revolving credit you use versus the total amount of credit you have available (credit card limits, lines of credit, etc.).

Length of Your Credit History

The length of your credit history accounts for 15% of your FICO score. The longer your credit history, the better, assuming you manage your credit well. Your credit history includes how long your credit accounts have been open, the age of your oldest account, the age of your newest account, and the average age of all your accounts.

Credit Mix

Your credit mix, or the diversity of your debt, accounts for 10% of your FICO score. This includes credit cards, mortgages, HELOCs, installment loans, student loans, and car loans. If you are successfully managing a variety of financing types, it will be reflected in your FICO score.

New Credit Applications

When you apply for a new credit card, the lender will do a hard inquiry on your credit that could cause your score to dip slightly. New accounts also reduce the average age of your accounts, which could lower your score, as well. On the flipside, a new credit card account increases the amount of credit available to you, which might lower your credit utilization rate. It might also diversify your credit mix, and if you make payments on time, it could help build your credit score.

Recommended: How Long Does It Take to Build Credit?

Average FICO Score by State

The state with the highest average credit score is Minnesota at 742, and the state with the lowest average score is Mississippi at 680, according to Experian. Average credit scores are typically influenced by demographics, unemployment rates, poverty levels, education, and income.

State	Average Credit Score
Alabama	692
Alaska	722
Arizona	713
Arkansas	696
California	722
Colorado	731
Connecticut	726
Delaware	715
District of Columbia	715
Florida	708
Georgia	695
Hawaii	732
Idaho	729
Illinois	720
Indiana	713
Iowa	730
Kansas	723
Kentucky	705
Louisiana	690
Maine	731
Maryland	716
Massachusetts	732
Michigan	719
Minnesota	742
Mississippi	680
Missouri	714
Montana	732
Nebraska	731
Nevada	702
New Hampshire	736
New Jersey	725
New Mexico	702
New York	721
North Carolina	709
North Dakota	733
Ohio	716
Oklahoma	696
Oregon	732
Pennsylvania	723
Rhode Island	722
South Carolina	699
South Dakota	734
Tennessee	705
Texas	695
Utah	731
Vermont	737
Virginia	722
Washington	735
West Virginia	703
Wisconsin	737
Wyoming	724

FICO Vs. VantageScore

FICO and VantageScore are the two leading companies in the credit score industry. Both use slightly different criteria in their scoring models to determine your credit score.

The VantageScore models and the base FICO models are generic credit scores created for use by a wide range of creditors, such as private student loan companies, online lenders, and credit card issuers.
FICO also creates industry-specific auto and bankcard scores, which are built on the same criteria as the base FICO scores, but tailored for auto lenders and card issuers.

Both VantageScore and FICO update their scoring models regularly to keep up with technology and industry changes, but also to ensure they remain predictive as consumer behavior changes.

With all credit scores, the lower your score, the more risk you pose to lenders. That’s why borrowers with the highest credit score get the best loan terms.

Both the base FICO scores and the base VantageScores range from 300 to 850, while FICO’s industry-specific scores range from 250 to 900.

What Is a Good Credit Score?

According to Experian, 670 to 739 is considered good. Credit scores above 740 are very good and above 800 are excellent.

Here is how credit scores are categorized:

•  Poor: 300 to 579

•  Fair: 580 to 669

•  Good: 670 to 739

•  Very Good: 740 to 799

•  Exceptional: 800 to 850

Average Credit Score by Income

Your income is not considered as part of your credit score. However, some studies, including a 2018 Federal Reserve study, found that your income may have a “moderate correlation” to your credit score.

Average Credit Score by Income (according to the latest data from American Express)
Annual Income	Average Credit Score
Low Income	658
Moderate Income	692
Middle Income	735
High Income	774

The reason your income might affect your credit score is that the higher your income, the likelier you will be able to pay your debts on time and build a strong payment history. For example, if you earn $120,000, it will be easier to pay back a debt of $10,000 than if you earn $50,000.

Nevertheless, you don’t have to be a high-income earner to build credit over time. Paying bills and debt payments on time is the most important thing.

Tips for Building Your Credit Score

•  Make on-time payments: Consistently paying bills on time is one of the most effective ways to build and maintain a strong credit score.

•  Keep credit utilization low: Aim to use no more than 30% of your available credit to show responsible credit management.

•  Limit new credit applications: Avoid frequent credit applications, as each inquiry can temporarily lower your score and indicate potential financial strain.

•  Pay down debt: Reducing outstanding balances on existing debts can improve credit utilization and positively impact your score.

•  Maintain old credit accounts: Keeping older accounts open contributes to a longer credit history, which is favorable for your score.

•  Review credit reports regularly: Check your credit report for errors and dispute any inaccuracies that could be lowering your score.

•  Use a mix of credit types: A blend of credit types, like installment loans and credit cards, shows you can manage different forms of credit.

Practicing good fiscal management will keep your credit score from dropping and slowly help to build your credit score over time.

The Takeaway

The general trend is that the older you are, the better your credit score. That’s because older individuals have had more time to demonstrate that they can use debt responsibly. With a higher credit score, lenders consider you less of a risk and may charge you a lower interest rate on a loan.

You can build your credit score by paying bills on time, not using more than 30% of the credit available to you, and using a variety of loans responsibly. Also, don’t apply for new loans too often, as this can lower your score.

Take control of your finances with SoFi. With our financial insights and credit score monitoring tools, you can view all of your accounts in one convenient dashboard. From there, you can see your various balances, spending breakdowns, and credit score. Plus you can easily set up budgets and discover valuable financial insights — all at no cost.

See exactly how your money comes and goes at a glance.

FAQ

How rare is an 800 credit score?

According to Experian, nearly a quarter (22%) of Americans have a FICO Score of 800 or higher, which the credit scoring company describes as exceptional.

What is the average American’s credit score?

The average credit score in the U.S. was 715 in 2023, increasing by one point from its 714 average in the third quarter (Q3) of 2022, according to Experian.

Is 750 a good credit score for a 25 year old?

Yes, a 750 credit score is excellent for a 25-year-old, showing responsible credit management at an early age. With this score, you’re likely to receive favorable terms on loans and credit products, setting a strong foundation for future financial goals.

What is a good credit score to buy a house?

While credit score requirements vary based on loan type, lenders generally require a credit score of at least 620 to buy a house with a conventional mortgage.

What is a good FICO score to buy a car?

You will likely need a credit score of 661 or above to get an auto loan at a good interest rate. If you have poorer credit, you can still get a loan, but you will probably have to pay more for it or find a cosigner.

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Photo credit: iStock/Jacob Wackerhausen

SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.

*Terms and conditions apply. This offer is only available to new SoFi users without existing SoFi accounts. It is non-transferable. One offer per person. To receive the rewards points offer, you must successfully complete setting up Credit Score Monitoring. Rewards points may only be redeemed towards active SoFi accounts, such as your SoFi Checking or Savings account, subject to program terms that may be found here: SoFi Member Rewards Terms and Conditions. SoFi reserves the right to modify or discontinue this offer at any time without notice.

This content is provided for informational and educational purposes only and should not be construed as financial advice.

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SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.

Disclaimer: Many factors affect your credit scores and the interest rates you may receive. SoFi is not a Credit Repair Organization as defined under federal or state law, including the Credit Repair Organizations Act. SoFi does not provide “credit repair” services or advice or assistance regarding “rebuilding” or “improving” your credit record, credit history, or credit rating. For details, see the FTC’s website .

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Keeping your credit score healthy is a lifelong endeavor. It’s never too soon to start working on improving your credit score, but it’s also never too late to make progress. If you are in your forties or fifties, you may be wondering, what is the average credit score by age 50? Read on to find out.

Average Credit Score by Age 50

On average, consumers between the ages of 50 and 59 have a credit score of 706, which is considered a “good” credit score. This credit score is partially due to the borrowers having had the chance to build credit over a long period of time. The length of a borrower’s credit history is an important factor taken into consideration by the major credit scoring models.

What Is a Credit Score?

A credit score is a three-digit number issued by a credit scoring agency that provides both you and interested parties with a glimpse of how reliable of a borrower you are. Lenders use these credit scores to get an idea of how likely an applicant is to repay a loan on time. Employers, landlords, and utility companies can also use a credit score to get an idea of your credit history, which helps them better understand how you manage your money.

Your credit report gives a detailed look at your credit history, but a credit score acts as a quick snapshot of how you navigate credit.

Recommended: How to Check Your Credit Score for Free

What Is the Average Credit Score?

Every borrower has a unique credit score, but understandably consumers don’t want to fall behind the average if they want to compete for the best lending products and rates. As of March 2024, the average credit score for all consumers in the United States was 705.

Average Credit Score by Age

To get a better idea of how you compare to borrowers in your age group, let’s take a look at what the average credit score is by age.

Age	Average Credit Score
20s	662
30s	672
40s	684
50s	706
60s +	749

What’s a Good Credit Score for Your Age?

Because factors like length of credit history, credit mix, and consistent payments play a role in how high a credit score is (all of which come with years of credit usage), it’s understandable that younger borrowers are at a bit of a disadvantage. It takes time and discipline to build a high credit score. That being said, no matter their age, borrowers should aim for at least a “good” credit score — typically in the 670 to 739 range. Ideally, you will work toward a “very good” (740 to 799) or “excellent” (800 or higher) credit score.

How Are Credit Scores Used?

Credit scores are used in a few different ways, but primarily lenders rely on them to make decisions about which borrowers to work with, how much to lend them, and how much interest to charge them. Your credit score paints a picture for a lender about how responsible of a borrower you are.

If your score reflects that you have a manageable debt load and a history of making consistent on-time payments, a lender is going to be more likely to work with you and offer you favorable loan terms. If your score is on the lower side, that doesn’t mean you can’t qualify for a loan. However, lenders tend to charge borrowers with lower credit scores more interest to help offset their risk.

Factors Influencing the Average Credit Score

One of the best ways to keep your credit score in good standing is to understand how your credit behavior impacts your score. There are five factors that influence your FICO® Score — which is the most popular credit scoring model on the market (VantageScore is another popular model that works similarly). How much of your score is impacted by each factor varies.

Credit Score Factor
Payment history	35%
Amounts owed	30%
Length of credit history	15%
New credit	10%
Credit mix	10%

Recommended: Differences Between VantageScore and FICO Credit Scores

To strengthen your credit score, you will work on improving each of the five credit scoring factors consistently throughout your lifetime.

•  Payment history: Missing a single payment by just 30 days can harm your credit score. Always aim to make consistent on-time payments.

•  Amounts owed: Lenders like to see that you are keeping your credit utilization ratio low so you can afford to make debt payments.

•  Length of credit history: The longer your credit history is, the better. Many young consumers start their journey with a credit card before moving onto loans.

•  New credit: Applying for too much new credit can make lenders nervous. Keep your hard inquiries to a minimum.

•  Credit mix: Having a healthy credit mix can assure lenders you can handle multiple loan payments at once.

How Does My Age Affect My Credit Score?

One area of your credit score that can be challenging to control is the length of your credit history. The more experience someone has managing credit, the more their score benefits. Applying for credit while young (such as with a credit card) and not closing credit card accounts can help keep that credit history strong.

At What Age Does Credit Score Improve the Most?

Credit scores generally improve the most in a person’s 30s, as they establish a longer credit history, stabilize income, and adopt better financial habits. Consistent on-time payments, reduced debt, and responsible credit usage during this period significantly boost scores, laying the groundwork for strong credit into middle age.

Older borrowers have many factors working in their favor that give them a leg up in the credit world, too. To start, they tend to have many more years of experience paying bills on time. They also tend to have longer credit lengths and a stronger credit mix due to having more time on their side. Borrowers in their 60s have the highest average credit score of 749.

Recommended: How Long Does It Take to Build Credit?

How to Build Credit

One of the best ways to start building credit is with a credit card. If you pay your balance in full each month, you don’t have to spend any money to have a credit card and can build your credit score while earning rewards points or cash back.

You can also keep your credit utilization ratio low by paying off the balance in full each month. If you can’t qualify for a credit card due to a lack of credit history, you can have a parent or spouse add you as an authorized user on their credit card.

Credit Score Tips

To keep your credit score healthy, it’s a good idea to practice these good credit habits:

•  Pay on time: Always make payments by the due date to build a strong payment history. Use a money tracker app to keep an eye on your spending throughout the month so you can afford to pay your bills.

•  Keep balances low: Aim to use less than 30% of your credit limit to keep credit utilization within the recommended range.

•  Avoid frequent hard inquiries: Limit new credit applications, as multiple inquiries can lower your score.

•  Maintain old accounts: Keeping older credit accounts open can help lengthen your credit history.

•  Monitor your credit report: Credit score monitoring can help you stay on top of things. Regularly check your credit score and review your credit report for errors and dispute inaccuracies to protect your score.

•  Diversify credit types: A mix of credit types (e.g., credit cards, loans) can positively impact your score if managed well.

The Takeaway

There’s no need to fear getting older when it comes to your credit score — time is on your side here. Practicing decades of good credit habits can result in your gaining access to the best loan rates and terms and make it easier to meet your financial goals.

Take control of your finances with SoFi. With our financial insights and credit score monitoring tools, you can view all of your accounts in one convenient dashboard. From there, you can see your various balances, spending breakdowns, and credit score. Plus you can easily set up budgets and discover valuable financial insights — all at no cost.

See exactly how your money comes and goes at a glance.

FAQ

How rare is a 700 credit score?

Earning a credit score of 700 is a very realistic goal. The average credit score in America is 705, so many consumers have a “good” credit score.

Does anyone have a 900 credit score?

The FICO credit scoring model tops out at 850. Finding a credit score of 900 isn’t possible.

How rare is 825 credit score?

Having a credit score of 825 is one of the best credit scores a borrower can achieve. This is a rare but not impossible score to obtain.

How rare is an 800 credit score?

Having an 800 credit score is not common and is very impressive. Borrowers can work toward an 800 credit score by always making credit payments on time, keeping a healthy credit mix, and maintaining a low credit utilization ratio.

How common is a 750 credit score?

The average credit score for borrowers of at least 60 years of age is 749 (this is the highest average of any age group). Achieving a credit score of 750 is not impossible but requires a lot of hard work and discipline.

What is a good credit score for a 50 year old?

The average credit score for a 50 year old is 706. Ideally, borrowers in their fifties will want to either have that score or an even higher one if they want to qualify for the best loan rates.

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Photo credit: iStock/JLco – Julia Amaral

SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.

*Terms and conditions apply. This offer is only available to new SoFi users without existing SoFi accounts. It is non-transferable. One offer per person. To receive the rewards points offer, you must successfully complete setting up Credit Score Monitoring. Rewards points may only be redeemed towards active SoFi accounts, such as your SoFi Checking or Savings account, subject to program terms that may be found here: SoFi Member Rewards Terms and Conditions. SoFi reserves the right to modify or discontinue this offer at any time without notice.

This content is provided for informational and educational purposes only and should not be construed as financial advice.

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Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.

Disclaimer: Many factors affect your credit scores and the interest rates you may receive. SoFi is not a Credit Repair Organization as defined under federal or state law, including the Credit Repair Organizations Act. SoFi does not provide “credit repair” services or advice or assistance regarding “rebuilding” or “improving” your credit record, credit history, or credit rating. For details, see the FTC’s website .

SORL-Q424-023

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Attending a four-year university isn’t for everyone, but that doesn’t mean a high-paying job should be out of reach. There are plenty of roles that allow you to make a lot of money without a college degree. We’re not talking about brain surgery or rocket science — just normal jobs that pay well and may even be fun or cool.

Read on to learn more about various jobs that pay well and don’t require a college degree.

Why It’s Difficult to Know About Easy Jobs Without a Degree

When it comes to job searching, it’s hard to beat the power of networking. College students and graduates often have a leg up in this department. From alumni networks to on-campus job fairs, many institutions offer different ways to build important professional connections — and potentially learn about not-yet-posted job opportunities.

But you don’t necessarily have to go to college to create a professional network or find a job that doesn’t require a degree. Some strategies include attending industry events, engaging with social networks related to your area of interest, and requesting informational interviews with companies you’re interested in.

If you’re just starting out — or are considering a career change — you may also want to research growing industries that need workers. Certain roles may require some technical certifications or on-the-job apprenticeships. Still, they could offer competitive pay, coming close to or exceeding the annual expected salary for someone with a bachelor’s degree.

No matter your salary, it’s important to pay attention to your spending and saving. SoFi’s budget tracker tool gathers all your finance info in a single place so you can look at spending patterns, set financial goals, and monitor your credit score for free.

Recommended: Top 20 On-Campus Jobs

Pros and Cons of Easy Jobs Without a Degree

There are benefits and drawbacks to some jobs that make a lot of money without a college education.

Benefits of Easy Jobs Without a Degree

•   Beginning a career with little or no student debt

•   Entering the workforce earlier in life, with the potential to start saving sooner

•   Job security for roles that are in high demand

•   Less work-related stress, depending on the job

Drawbacks of Easy Jobs Without a Degree

•   Joining a high-paying trade or industry can be more physically demanding

•   Some roles require an apprenticeship or years of experience before you can earn a high salary. Entry-level salaries may be modest.

•   Lack of degree may stunt your earnings over your entire career in certain jobs

•   Jobs may be paid hourly, not salaried, which can impact earning potential

•   Less likely to accommodate work-at-home situations

Who Are Easy Jobs Without a Degree For?

High-earning jobs that don’t require a degree can be a good fit for many individuals, including those who:

•   Don’t traditionally excel in an academic environment

•   Don’t want to take on student debt

•   Are eager to enter the workforce

•   Have interest in a trade or technical job

25 Easy Jobs That Make a Lot of Money With Little Work Without College

Many jobs that don’t require a degree are minimum wage or low paying. However, there is a sweet spot where jobs that pay well but don’t expect a degree overlap. While some of the following call for certification or training, it’s unlikely to cost as much as a traditional four-year degree.

The following salary figures from the Bureau of Labor Statistics represent the national median, and the job growth outlook is for 2023 to 2033.

1. Power Plant Operator, Distributor, and Dispatcher

Description: Control and manage the electrical power systems of a plant.

Salary: $100,890

Job Growth: -8%

Requirements: High school diploma or equivalent

2. Commercial Pilot

Description: Fly commercial airplanes and other aircraft.

Salary: $171,210

Job Growth: 5%

Requirements: Flight school

3. Elevator Installer and Repairer

Description: Install, repair, and maintain elevators and escalators.

Salary: $102,420

Job Growth: 6%

Requirements: High school diploma or equivalent

4. Makeup Artist, Theatrical and Performance

Description: On-set makeup application in the entertainment industry.

Salary: $47,390

Job Growth: 9%

Requirements: On-the-job training or beauty school certifications

5. Fire Inspector and Supervisor

Description: Inspect buildings to ensure they meet local, state, and federal standards.

Salary: $71,420

Job Growth: 6%

Requirements: Experience as a firefighter; high school diploma or equivalent

6. Aircraft Mechanic

Description: Work on plane equipment, including maintenance and repair. While pilots tend to be extroverted high achievers, aircraft mechanic is a solid job for introverts.

Salary: $75,400 per year

Job Growth: 5%

Requirements: On-the-job military training or certification from an FAA-approved technician’s school

7. HVAC Technician

Description: Install, repair, and maintain HVAC systems in residential and commercial properties.

Salary: $57,300

Job Growth: 9%

Requirements: Technical school and/or an apprenticeship

8. Plumber

Description: Install and repair plumbing systems in homes, factories, or businesses. Plumber roles may include on-call emergency hours.

Salary: $61,550

Job Growth: 6%

Requirements: High school diploma or equivalent

9. Drafter

Description: Digitize and convert architecture and engineering drawings using software.

Salary: $62,530

Job Growth: -1%

Requirements: Associate degree or technical certification

10. Sales Rep, Wholesale and Manufacturing

Description: Sell goods, at wholesale, to businesses and organizations.

Salary: $73,080

Job Growth: 1%

Requirements: Depends on the industry. Technical sales roles may require certification beyond a high school diploma.

11. Physical Therapist Assistant

Description: PT assistants work alongside physical therapists in a medical setting to help patients regain mobility.

Salary: $58,740

Job Growth: 19%

Requirements: Associate degree, licensing, or certification

12. Radiation Therapist

Description: Administer radiation to patients in a hospital setting.

Salary: $98,300

Job Growth: 3%

Requirements: Associate degree

13. MRI Technician

Job Description: Operate the MRI machine to examine patients, and interpret scans.

Salary: $76,020

Job Growth: 6%

Requirements: Associate degree

14. Programmer

Description: Write and test code for a variety of programs and software across industries and verticals. Programming is considered a popular job choice for antisocial people.

Salary: $99,700

Job Growth: -10%

Requirements: Historically, roles have required a bachelor’s degree. Recently, employers are considering candidates with certifications or bootcamp training.

15. Postal Service Worker

Description: Process, collect, and deliver mail to homes and businesses.

Salary: $56,510

Job Growth: -4%

Requirements: High school diploma or equivalent

16. Claims Adjuster, Appraiser, Examiner, and Investigator

Description: Examine and appraise insurance claims, from automotive to residential or commercial building damage.

Salary: $75,020

Job Growth: -5%

Requirements: For most entry-level roles, a high school diploma or equivalent is required. In some industries, such as auto damage appraisal, a certification may be required.

17. Construction and Building Inspector

Description: Inspect residential and commercial buildings to ensure they adhere to local codes and specifications.

Salary: $67,700

Job Growth: 0%

Requirements: High school diploma or equivalent

18. Court Reporter and Simultaneous Captioner

Description: Create exact transcripts of exchanges, including courtroom proceedings, or live captioning on television.

Salary: $63,940

Job Growth: 2%

Requirements: Training or certification

19. Sound Engineering Technician

Description: Maintain sound systems for live performances, broadcasts, and other programming.

Salary: $59,430

Job Growth: 3%

Requirements: Varies but often includes technical certification

20. Police Detective

Description: Gather facts and investigate crimes. Some police departments are currently offering generous signing bonuses.

Salary: $74,910

Job Growth: 4%

Requirements: Police Academy completion and on-the-job training

21. Electrician

Description: Repair, install, and maintain electrical systems.

Salary: $61,590

Job Growth: 11%

Requirements: High school diploma or equivalent

22. Brick Mason

Description: Use concrete, stone, or brick to build structures.

Salary: $53,010

Job Growth: 0%

Requirements: Trade school or apprenticeship

23. Insurance Sales Agent

Description: Sell insurance, including home, life, and automotive. This is an excellent work-from-home job for retirees.

Salary: $59,080

Job Growth: 6%

Requirements: High school diploma or equivalent

24. Medical Sonographer

Job Description: Operate sonography or other specialty equipment in a medical setting to create digital imaging of patients.

Salary: $80,850

Job Growth: 11%

Requirements: Associate degree

25. Information Security Analyst

Description: Create and maintain security for a business’s computer networking systems.

Salary: $120,360

Job Growth: 33%

Requirements: Some employers may require a bachelor’s degree, but other roles call for on-the-job training or IT certifications instead.

Recommended: The Highest-Paying Jobs by State

The Takeaway

There’s a potential to earn a high salary in many jobs that don’t require a college degree. However, it may require some research and certifications beyond a high school diploma. Some jobs that pay well, don’t require a degree, and may even be enjoyable range from the medical field and construction to computers and insurance. If you know someone who’s a brick mason or a sonographer, take them out for coffee to get the inside scoop. You might even offer to shadow them at work to find out what their industry is really like.

Take control of your finances with SoFi. With our financial insights and credit score monitoring tools, you can view all of your accounts in one convenient dashboard. From there, you can see your various balances, spending breakdowns, and credit score. Plus you can easily set up budgets and discover valuable financial insights — all at no cost.

See exactly how your money comes and goes at a glance.

FAQ

What is the easiest job that pays the most?

One of the easiest jobs that pays well is working as a claims adjuster for insurance companies. A college degree isn’t usually required, but you may need to earn a license before you can start working.

What is the easiest job to get without a degree?

Depending on the industry, it can be relatively easy to get a job in sales with little to no prior experience. However, the role may include on-the-job training to get you up to speed.

What jobs pay a lot but are easy?

There are many jobs in the health care space that don’t require manual labor but pay well. This includes roles such as a radiation therapist or MRI technician.

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Photo credit: iStock/damircudic

SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.

Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.

Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

SORL-Q424-013

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Teaching can be a rewarding profession, but it typically isn’t a high-paying one. If you’re a teacher, it won’t surprise you to learn that 17.1% of teachers earn supplemental income from side jobs, according to a study by the Learning Policy Institute. The challenge is landing a gig that pays enough to make it worth your time and effort.

Not only do those positions exist, these days they can often be done online and on your own schedule. Read on for a look at some of the best-paying options for teachers looking for a side job in 2024.

Qualities of a Good Side Job for Teachers?

Teachers need to consider a number of factors before committing to a side gig: How much stress could the second job cause? Will the hours fit with your current work schedule? And of course, do you plan to work a second job year-round or just during seasonal breaks?

Things to Look for in a Year-Round Gig

•   Hours that accommodate your teaching schedule.

•   Workload and deadlines that won’t add to your stress level or lead to total burnout.

Things to Look for in a Summer Gig

•   A fun environment or flexible schedule that makes you feel that you’re still getting a break?

•   Something you can return to year after year — and maybe during other school breaks — so you don’t have to start over seeking a new job each summer.

Recommended: The Highest Paying Jobs in Every State

Things to Consider for Any Second Gig

•   Is the extra paycheck worth the extra work?

•   Could the work you’re doing damage your career as a teacher? (It can be a good idea to check with your employer to see if there are rules for outside jobs.)

•   Can you build skills you’ll use as a teacher, or in another career you might be interested in pursuing?

Pros & Cons of Online Side Jobs for Teachers

Teaching is a challenging job that requires patience and preparation. If you choose to add a side gig, it’s important to have realistic expectations. As you decide whether to take on more work — and what that work might be — here are some pros and cons to keep in mind:

Potential Benefits of a Side Job

•   Make extra money: It may take some searching to find a side gig that offers competitive pay — enough to make a difference in your financial situation. Even a few hundred a month can help cover day-to-day bills or finance a future goal, like paying off student loans. A free budget app can help, too.

•   Develop a backup plan: Your side job can help fill a financial gap if you ever decide to transition to another career, or if you leave one teaching job and take a while to find another. You may even decide the side job is a better fit than what you’re currently doing.

•   Acquire new skills: A side job can offer opportunities to network and socialize with new people, and learn or fine-tune skills.

Potential Downsides of a Side Job

•   Undermines work/life balance: Teaching already takes up much of your day — even when you aren’t physically at work. If you put that same amount of time and effort into a second job, it could take your attention away from your family and other things you love and enjoy.

•   Turns a passion into a pain: You might lose your love for your favorite hobby (photography, reading, writing, crafting, etc.) if you make it an obligation.

•   Requires startup costs: You don’t need a money tracker app to discover that if you have to invest money in equipment to get your business going — even if it’s just a new laptop or phone — it may take a while before you start making money.

Why It Can Be Difficult for Teachers to Find Online Side Jobs

Even though opportunities to work remotely are increasing, it still may be hard to find a side job online that meets your needs. The skill set required for an online job might be quite different from what you’re used to as a teacher — and some jobs can require applicants to have specialized training. If you’re completing an application online, it may be tough to convince the employer you can do the job even if you don’t have the training.

It also can be challenging to separate legitimate remote side jobs for teachers from scams that require you to put in some of your own money upfront in order to get the job. (Don’t ever pay for an opportunity!) Employment ads that aren’t specific about pay, or that require a lengthy application process, can also be a turnoff.

Recommended: 25 Highest-Paying Trade Jobs

Tips for Finding Online Side Jobs for Teachers

Here are some steps that can help you along on your side-gig search:

Assess Your Skills

Think beyond the classroom as you consider the many marketable skills you can bring to a second job.

Consider Your Interests

You’ll be more engaged and confident if you’re doing something related to your areas of casual expertise or hobbies.

Do Your Research

You may have to learn a new lingo just to understand some online job postings — and respond to them appropriately. Don’t let what seems to be gibberish keep you from finding your fit.

Find a Mentor

If you know someone who has a successful side gig, ask for advice about how to get started. For example, if you’re obsessed with budgets, consider an apprenticeship with an experienced financial planner.

Update Your Online Profile

Take the time to update your profile on relevant social media platforms — whether that’s LinkedIn or Etsy.

Keep Your Priorities in Mind

Be prepared to start small. If you love the work, you can always grow your role over time. You may choose at some point to change careers, but you’ll want to make that decision on your terms, not because you were distracted from your duties as a teacher.

24 Best-Paying Online Side Jobs for Teachers, Part 1: Year-Round

The amount of money you can earn through an online side job varies widely, depending on how many hours you put in, and whether you’re starting at an entry-level salary or being compensated for your experience and skills.

Below are two dozen online side jobs for teachers that potentially offer higher earnings. Average wages and job growth outlook are based on data from the Bureau of Labor Statistics. Most side jobs pay an hourly rate vs. a salary, but we’ve included both.

1. Data Scientist

Potential for Remote Work: Although full-time data scientists typically work in an office environment, much of their work is done online, which makes part-time remote work with flexible hours a possibility.

National Average Pay: $51.93 median hourly wage; $108,020 median annual wage

Job Growth Outlook: 36% (faster than most occupations)

Job Description: Data scientists create the algorithms and predictive models used to extract meaningful information used in making business decisions.

Job Requirements: Entry-level data scientists generally have at least a bachelor’s degree in mathematics, statistics, computer science, or a related field.

How to Get Started: Networking and attending in-person and virtual meetups can help get your foot in the door. Sites like Indeed and LinkedIn post data science jobs, and many companies post open jobs on their own websites.

2. English as a Second Language (ESL) Teacher

Potential for Remote Work: There are many opportunities for ESL teachers to instruct students virtually through video-conferencing platforms. Because learners come from around the world, teachers can put together a work schedule that fits their needs.

National Average Pay: $29.11 median hourly wage; $60,560 median annual wage

Job Growth Outlook: -13% (declining)

Job Description: ESL teachers tutor students who want to improve their English language skills.

Job Requirements: A bachelor’s degree (in English, communications, or a related field) and/or teaching certificate is typically required; good computer and communication skills are a big plus.

How to Get Started: Job sites like Indeed regularly post remote ESL teaching jobs. Other online platforms recruit ESL teachers, including VIPKid and Skooli.

3. Online Tutoring

Potential for Remote Work: There are all kinds of opportunities for teachers who want to tutor students online. One of the perks is that you can set appointments around your schedule.

National Average Pay: $19.01 mean hourly wage; $39,580 mean annual wage (pay varies based on subject and student needs)

Job Growth Outlook: 1%

Job Description: Duties might range from teaching toddlers their ABCs to offering test prep (SAT, ACT, LSAT, etc.) to high school and college students.

Job Requirements: Requirements vary based on subject and student age; a bachelor’s degree and/or teaching certificate may be required.

How to Get Started: You can find tutoring gigs on job boards or through platforms such as Care.com and Tutors.com. Or you may decide to set up your own tutoring business and advertise online.

4. Selling Lesson Plans

Potential for Remote Work: Thanks to the internet, teachers can now share learning materials they’ve created both locally and globally.

National Average Pay: Not available (varies by subject, grade, and amount of content sold)

Job Growth Outlook: Not available

Job Description: Create shareable lesson plans, flash cards, tests, etc., and sell them on your own website or an online platform.

Job Requirements: No set requirements, but you may be asked to prove your credibility when selling your content.

How to Get Started: Check out what others are doing on marketplace sites like TeachersPayTeachers or Etsy. Once you’ve created your content (be careful about copyright infringement), you can market your products on social media or through these platforms. Networking opportunities (attending conferences, etc.) can also help get the word out.

5. Editing / Proofreading

Potential for Remote Work: Content typically can be edited online and on your own schedule, depending on deadline needs.

National Average Pay: For editors, $36.07 median hourly wage, $75,020 median annual wage; for proofreaders, $23.45 mean hourly wage, $48,790 mean annual wage

Job Growth Outlook: For editors, -2% (declining); for proofreaders, -3%

Job Description: Editors plan, review, and revise content provided by writers; proofreaders check copy for errors.

Job Requirements: Good grammar and communication skills; some jobs may require a bachelor’s degree in English, journalism, or a related field.

How to Get Started: You can find editing and proofreading work on job boards or advertised by individual companies.

6. Freelance Writing

Potential for Remote Work: Because you generally can create content anytime and anywhere, freelance writing easily lends itself to remote working.

National Average Pay: $35.43 median hourly wage; $73,690 median annual wage

Job Growth Outlook: 5% (average for all occupations)

Job Description: Freelance writers provide content for print and online media.

Job Requirements: Good grasp of English language, spelling and grammar, and excellent communication skills. Some employers may require a bachelor’s degree in English, journalism, or a related field.

How to Get Started: You can pitch ideas to your favorite publications or look for work on job boards and platforms such as Upwork and Fiverr. Consider creating a website to showcase your talent. And networking (word of mouth) can be key. If you have a particular expertise (technical, travel, or food writing, for example), make that information known.

7. Creating Printables

Potential for Remote Work: This is another job you can do on your own time and almost completely online.

National Average Pay: Not available

Job Growth Outlook: Not available

Job Description: Create customized calendars, cheerful stickers, classroom decorations, etc.

Job Requirements: Creativity and good design skills are a must; you’ll also need the appropriate design software.

How to Get Started: Creators typically sell printables on sites like Etsy or their own website. Get the word out on social media and by networking and attending conferences for educators, organizational experts, etc.

8. Selling Artwork and/or Crafts

Potential for Remote Work: It may be easier to sell your goods in person at a local craft fair, but if you sell online, you can reach a wider audience and do it on your own time.

National Average Pay: $25.44 median hourly wage; $52,910 median annual wage

Job Growth Outlook: 3% (average)

Job Description: Selling your own creative works (paintings, photos, sculptures, etc.)

Job Requirements: Creativity and skill in your artistic niche as well as marketing, business, and computer skills.

How to Get Started: Check out e-commerce sites like Etsy and Society6 to see how others are marketing themselves and their products. You can use social media to get the word out, and you may want to develop your own e-commerce site to sell your goods. Be sure to check into whether a business license is required in your area.

9. Medical Transcriptionist

Potential for Remote Work: Because you’ll be working from recordings, you typically can do this work remotely and when it’s convenient for your schedule (deadlines may apply). This position may also be a low-stress option for introverts.

National Average Pay: $17.82 median hourly wage; $37,060 median annual wage

Job Growth Outlook: -5% (declining)

Job Description: Transcribe audio content into written content.

Job Requirements: May require certification. Employers may test for typing speed and accuracy. Discretion and some knowledge of medical terms and basic anatomy are a plus. You may have to purchase special equipment to do the job.

How to Get Started: Check out job boards and medical transcription sites. A transcription course (in-person or online) may offer career services.

10. Graphic Designer

Potential for Remote Work: Graphic designers can do most of their creative work on their own schedule, but you will have to find time to communicate with your clients. And deadlines may be a factor.

National Average Pay: $28.32 median hourly wage; $58,910 median annual wage

Job Growth Outlook: 2% (slower than the average for all occupations)

Job Description: Use design software to create visuals that convey your employer’s message.

Job Requirements: Knowledge of design software, creative skills, and an ability to collaborate with others; some employers may require a bachelor’s degree in graphic design or a related field.

How to Get Started: Job boards offer remote graphic design positions for a wide range of specialties. You also can build an online portfolio and use social media to generate interest.

11. Life Coach

Potential for Remote Work: Life coaches can manage client sessions by phone or with video conferencing.

National Average Pay: Not available

Job Growth Outlook: Not available

Job Description: Assist clients in reaching their full potential.

Job Requirements: No formal requirements exist for life coaches, but prospective clients may prefer that you have some type of training or credentials. A background in counseling and psychology is helpful. Important traits include empathy, patience, and creative problem-solving skills.

How to Get Started: It may help to work with an experienced life coach when starting out. Networking and social media can be a useful way to find clients.

12. Translator

Potential for Remote Work: Freelance translators typically can work from home using their own computer.

National Average Pay: $27.45 median hourly wage; $57,090 median annual wage

Job Growth Outlook: 2% (slower than the average for all occupations)

Job Description: Convert written content from one language to another.

Job Requirements: Must be proficient in English and at least one other language; some employers may require a bachelor’s degree.

How to Get Started: Check translation agencies and job boards, or you can solicit work through social media.

13. Digital Marketer

Potential for Remote Work: If you can collaborate with clients and coworkers without meeting in person, this job can be done remotely.

National Average Pay: Not Available

Job Growth Outlook: Not Available

Job Description: Promote individuals and businesses using social media, search engines, websites, and other online tools.

Job Requirements: Should be familiar with social media platforms. Creativity, patience, and strong communication and problem-solving skills are a plus. Some employers may require a bachelor’s degree in communications, marketing, public relations, journalism, or a related field.

How to Get Started: Networking — online and in person — can be a good way to get your foot in the virtual door; check job boards for listings.

14. App Developer

Potential for Remote Work: Developers often work independently.

National Average Pay: $44.59 median hourly wage; $92,750 median annual wage

Job Growth Outlook: 8% (faster than average)

Job Description: Create, test, and improve software applications.

Job Requirements: Collaboration, creativity, and tech savviness are important. Some employers may require a bachelor’s degree in information technology, computer science, or a related field.

How to Get Started: Taking courses in app development and networking with like-minded creative types Can help with finding a mentor and freelance gigs.

15. Creating Video Tutorials

Potential for Remote Work: You can produce videos on your own anywhere you like and on your own time.

National Average Pay: Not Available

Job Growth Outlook: Not Available

Job Description: Film tutorials and monetize them.

Job Requirements: Knowledge of your subject, technical ability to produce videos, and marketing savvy to build your brand. You’ll also need a good video camera and computer.

How to Get Started: Anyone can make an instructional video and upload it to YouTube. Building a strong portfolio and a reputation for solid content will help you monetize your videos.

16. Fitness Trainer

Potential for Remote Work: If you can find clients who prefer to exercise from home and can do their workouts when you’re available, you can teach them from your home.

National Average Pay: $22.35 median hourly wage; $46,480 median annual wage

Job Growth Outlook: 14% (much faster than average)

Job Description: Teach online classes in general fitness, yoga, strength training, etc.

Job Requirements: Though no degree is required, there are certifications available for personal trainers. You’ll also need good lighting, space to do your workouts, and video and computer equipment.

How to Get Started: If you’re a physical education teacher, coach, or a longtime gym-goer, you can spread the word on social media and through word of mouth.

17. Blogging

Potential for Remote Work: Blogging can be done at your convenience.

National Average Pay: Not available

Job Growth Outlook: Not available

Job Description: Entertain and inform an online audience with written and visual content.

Job Requirements: To make money from a blog, you’ll need to engage your audience and post frequently.

How to Get Started: You can start out by writing on a popular blogging platform, and then get the word out on social media. Network with others who may be interested in what you’re blogging about.

18. Test Scorer

Potential for Remote Work: Remote workers can score most types of multiple choice and essay exams.

National Average Pay: Not available

Job Growth Outlook: Not Available

Job Description: Grade tests and offer feedback to test-givers and test-takers.

Job Requirements: Subject expertise and attention to detail. Some employers may require a bachelor’s degree in education or a related field.

How to Get Started: Job boards frequently offer test scoring gigs, or you can query evaluation services like ETS and Measurement Incorporated.

19. Curriculum Specialist

Potential for Remote Work: Teachers typically can provide curriculum support online at their convenience, though you may have to meet with others in person or at scheduled online conferences.

National Average Pay: $35.87 median hourly wage; $74,620 median annual wage

Job Growth Outlook: 2% (slower than average)

Job Description: Develop curriculum and/or offer feedback to schools and other education services.

Job Requirements: Employers may require a bachelor’s or master’s degree as well as a few years of experience in teaching or a related field.

How to Get Started: Check job boards, but you may also find opportunities while networking with other educators.

24 Best-Paying Online Side Jobs for Teachers, Part 2: Seasonal / Summer

Because these jobs may require interacting with an employer or team members in person or remotely during the day, teachers may find it’s easier to put in their hours during seasonal school breaks.

20. Customer Service Representative

Potential for Remote Work: Customer service representatives often can work from home. However, you may have to attend some in-person training sessions before you get started, and you’ll have to find a work schedule that fits with your teaching job.

National Average Pay: $19.08 median hourly wage; $39,680 median annual wage

Job Growth Outlook: -5% (declining)

Job Description: Provide support to customers who require assistance.

Job Requirements: Patience and good communication and problem-solving skills are key. Some type of on-the-job training likely will be required. Some companies have requirements for the type of computer and phone you can use, and a strong Wi-Fi connection is a must. (Shy types need not apply, but there are plenty of jobs for antisocial people.)

How to Get Started: Customer service jobs are often listed on online job boards and through employment agencies.

21. Travel Agent

Potential for Remote Work: This job can be done remotely, but travel agents should be available to communicate with anxious clients who have questions and concerns.

National Average Pay: $22.79 median hourly wage; $47,410 median annual wage

Job Growth Outlook: 3% (as fast as average)

Job Description: Help clients choose and book work and leisure trips; provide assistance when problems arise.

Job Requirements: Good communication, customer service, and organizational skills are important. Some employers or clients may expect you to have some type of certification. Lots of travel experience is a plus.

How to Get Started: Check job boards and local agencies. It may help to work for an agency first before starting your own business.

22. Tax Preparation

Potential for Remote Work: Tax services regularly hire seasonal workers to prepare returns from home.

National Average Pay: $23.56 mean hourly wage; $49,010 median annual wage (does not include accountants and auditors)

Job Growth Outlook: 4% (as fast as average)

Job Description: Work with individuals and businesses to prepare tax returns and assist in resolving tax issues.

Job Requirements: Must be well-versed in current tax code. May have to complete company training. Must maintain a Preparer Tax Identification Number and may need an Electronic Filing Identification Number (EFIN).

How to Get Started: Check job sites or go directly to companies like H&R Block, Intuit, or small local firms. Seasonal work (January through April) is easier to find, but some year-round opportunities may be available.

23. Appointment Generator

Potential for Remote Work: Working remotely should be doable, but it may be difficult to manage the work during off hours.

National Average Pay: Not available

Job Growth Outlook: Not available

Job Description: Handle cold calling and book appointments for real estate agents and other sales professionals.

Job Requirements: Strong communication and organizational skills.

How to Get Started: Check job boards and promote your services on social media; attend networking events.

24. Virtual Assistant

Potential for Remote Work: Many administrative duties can be handled online and after hours. If you’re required to do phone work, however, you may have to limit your work time to school breaks.

National Average Pay: $22.12 average median salary; $46,010 median annual salary (includes administrative assistants who work onsite)

Job Growth Outlook: 1% (slower than average)

Job Description: General administrative support may include organizing and answering emails, scheduling appointments, arranging travel, and making phone calls.

Job Requirements: Strong communication and organizational skills, attention to detail.

How to Get Started: Job boards are loaded with positions for different types of virtual assistants.

The Takeaway

If you’re a teacher looking to earn additional income, you’ll find there are many side jobs that fit your skills and schedule, and still offer a competitive paycheck. You can take on jobs that tap into your educational expertise: tutor, curriculum specialist, lesson plan developer, test scorer. Or you may prefer to pursue another passion, like selling your artwork or working as a virtual assistant for a nonprofit you admire. The keys are to avoid burnout and to make the most of the time you put in.

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FAQ

How can teachers make extra money online?

Working remotely allows teachers to pursue a second job that fits their schedule and their skills. Many opportunities are available on job boards and freelance sites.

What are the best side jobs for teachers?

The best side jobs for teachers are those that allow them to earn a good paycheck while maintaining a healthy work-life balance. Remote freelance work is easy to find these days, and generally pays better than minimum wage. Check freelance job boards for ideas.

What are the most profitable side hustles?

Some of the most profitable side hustles are technology-oriented. Those jobs also can be a good fit for people who wish to work remotely. If you have skills or experience with computers, IT, or app development, you can parlay it into a well-paying side gig. Full-timers can easily make a $100,000 salary.

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Photo credit: iStock/DMEPhotography

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Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

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