The pay charter pilots receive varies greatly, with a difference of $105,960 between the top and bottom 10 percent of earners within the occupation. The geographic location of charter pilots is one of the major factors in theirs pay.
According to the U.S. Bureau of Labor Statistics, nonscheduled air transportation commercial pilots, which includes charter pilots, earned a mean annual wage of $81,450 as of 2014. This is slightly less than the $82,430 mean annual wage of all commercial pilots.
The top 10 percent of all charter pilots earned an average of $141,210 per year while the bottom 10 percent took in $35,250. As of 2014, there were 13,990 charter pilots in the country, which represented 37 percent of workers in the commercial pilot occupational group.
Best Paying States
The best paying states for charter pilots were mostly in the eastern half of the country. New Jersey charter pilots led with $111,120 per year while Connecticut pilots came in at $102,160. Illinois charter pilots earned $98,450 and Pennsylvania pilots made $96,430. Out west, Texas pilots averaged $95,430.
Best Paying Metro Areas
Barnstable Town, Massachusetts was the highest paying metropolitan area for charter pilots at $198,990 per year. Those in the Santa Rose-Petaluma, California area earned $130,760, while those in the Trenton-Ewing, New Jersey area took off with $124,120. Charter pilots from the New York-White Plains-Wayne metropolitan area spanning New York and New Jersey earned $118,250 per year, while West Palm Beach-Boca Raton-Boynton Beach pilots in Florida earned $111,980.
Between 2012 and 2022, the United States Bureau of Labor Statistics Estimates that employment of commercial pilots will grow by 9 percent, just below the 11 percent increase projected for all occupations as a whole. Comparatively, airline pilots, copilots and flight engineers will experience a 7 percent decline in employment during the same period of time, with a total loss of 4,400 jobs. For commercial pilots, estimates state that 3,600 jobs will be created by 2022.