Where Do Nannies Make The Most Money?

Where Do Nannies Make The Most Money?

Discover The Best Cities To Be A Nanny In The United States

Based on the U.S. Bureau of Labor Statistics survey, the demand for hiring nannies is rising daily.

In fact, in 2020, about 200K workers in the United States were childcarers either working for families or daycare centers. (U.S. Bureau of Labor Statistics, 2020)

With the boom of nanny employment, many are looking forward to making nannying their future career.

That's why, in this blog, we're going to spill which cities in the United States nannies earn the best.

We've also included the places where nannies receive the most benefits. And we've gathered as well the cities where nannies have the most extensive support system.

But wait - it doesn't end there.

Later on, we'll divulge how much nannies make in Chicago.

We'll also give our final verdict whether or not, at the end of the day - do nannies make good money.

If you're curious about where do nannies make the most money and how much do nannies make a year…

Better stay with us as we unleash the answers to these common questions on most nanny's financial portfolio.

How Much Do Nannies Make A Year?

Since working as a nanny yields a lot of responsibility and trust...

It's also why parents don't mind compensating these childcarers for taking good care of their young ones while they're busy.

However, the real question is — how much do nannies make a year?

With the workload they have, many are curious about how much they make in a year. And if you're one of those curious cats, then this article is for you.

Today, we'll reveal the average nanny rates, of which we calculated its average from different sources namely Payscale, Glassdoor, and Indeed.

We will also include the average annual income and explain why there are nannies who earn six digits annually.

Let's start with the best cities to be a nanny in the United States and discover why they're the top places to be a nanny.

San Francisco

With an average hourly rate of $21.67, San Francisco tops the cities where nannies make the most money.

This fact means the average annual salary of a nanny in San Francisco is roughly $41K.

Moreover, aside from having the highest pay rate per hour, employers pay for their nanny's benefits in San Francisco.

Besides that, the large population of wealthy families in San Francisco provides numerous nanny job positions for aspiring childcarers in the area.

New York City

Back in 2013, news outlets labeled New York City as the 'nanny state.' The main reason for this calling is the overprotective policies in the area.

However, with the increasing need for nannies in New York, its legal jargon may also be a literal nickname.

Since many families seek childcarers in the Big Apple, employers pay their nannies an average of $21.33 per hour, including their benefits and nanny taxes.

This hourly pay results in an average annual income of around $40K for nannies in New York City.

Boston

Since living in Boston means a safe place for families with children, the question 'how much do nannies make in Boston' comes into many people's minds.

Based on reports from different salary comparison websites, the mean hourly rate for Boston nannies is $20.

Additionally, the standard annual income of these nannies is roughly 38 thousand dollars together with their benefits and taxes.

Denver

Among all cities listed in this article, Denver has the most number of nanny job openings in the United States.

They also pay an average rate of $19 per hour, which equates to an estimated annual income of $36K.

With this amount of money and opportunity, nannies in Denver can comfortably afford the average cost of living in Colorado.

San Jose

Like its nearby city, San Francisco - San Jose also makes it to the list of cities where nannies make the most in the United States.

On average, a nanny in San Jose, California, earns $19 hourly, which is around $36K annually.

Aside from their decent salary, nannies also receive great benefits, including dental, health, life, vision insurance.

Seattle

In 2017, the amount of nannying job openings increased in Seattle big thanks to its growing job market and economy.

This opportunity also gave nannies the standard hourly rate of $19/hour, which yields an estimated annual income of $36K.

Besides that, Seattle protects the rights of domestic workers, which brings security to nannies employed in the city.

Rights include six days of paid sick and family medical leave annually, minimum wage, meal and rest breaks, and safety from any forms of discrimination in the workplace.

Washington, D.C.

In case you didn't know, Washington, D.C. offers immense support to their nannies.

The city has the Association of D.C. Area Nannies, the longest existing nanny support group in the United States.

With the number of support D.C. nannies have, they have gained an average annual salary of 36 thousand dollars, which is around $19 per hour.

Dallas

Since living in Dallas is cheaper than most cities in the United States, people are curious to 'how much do nannies make a year in the city.'

The answer to the question is 34 thousand dollars, which means that nannies earn roughly $18 per hour in Dallas on average.

Chicago

Check this out: Chicago ranks ninth in our best cities to be a nanny.

Yes, you've read that right.

Besides Chicago’s infamous deep dish pizza, the hometown of Karen's Nanny Agency is also one of the places where nannies make the most money.

With an approximate annual total salary of about $32K, Chicago is the best area for professional nannies.

Read more about how much do nannies make in Chicago in the next part.

Raleigh

Since Raleigh situates in the heart of North Carolina, the city follows the rules of the State.

These laws include employers paying 1.5 times of overtime pay to their nannies working more than 40 hours weekly.

That's why Raleigh sits on the tenth spot of the places where nannies make the most money in the U.S.

Additionally, nannies earn roughly $17 per hour in Raleigh, which totals an estimated annual income of about $32K.

Minneapolis

Aside from being a great vacation spot to be, Minneapolis is also the last but not the least city where nannies make good money in the country.

Based on the official website of Minneapolis, the minimum wage for workers in the area is $15 per hour.

This fact means nannies in Minneapolis earn a little higher than the minimum with their average hourly $17 rate (equal to about $32K annually).

How Much Do Nannies Make In Chicago?

Since Chicago has almost 600K children whose families seek childcare services, it's also the best place to hire professional nannies.

With the increasing demand for childcarers in the city, it's safe to say these nannies earn a good amount of money annually.

To be more specific, the Economic Research Institute shared that the average rate of professional Chicago nannies ranges from the average $17 to as high as $34 per hour.

This fact means a Chicago nanny can earn around 32K to a whopping 100K in a year.

Most first-time nannies have an hourly rate of $13 to $16, ranging from $24K to $30K annually, depending on their childcaring skills. (Economic Research Institute, 2021)

The staggering difference from the average rate compared to the highest hourly wage is mainly due to the employer's financial situation.

Additionally, a nanny's experience, educational background, and certifications also contribute to childcare costs.

Another factor affecting the salary of a Chicago nanny includes the cost of living in the neighborhood where the family lives. (Sinrich, 2019)

Based on Move's research, some areas in Chicago are quite expensive to live in due to tax reasons.

Hence, it's a no-brainer why nannies earn such an amount of money in Chicago because they also have to pay taxes for their living expenses like food and other necessities. (Roberts, 2019)

Do Nannies Make Good Money?

After thorough analysis and research, do nannies make good money?

Yes, the answer is yes because there are nannies who earn above the minimum pay of their cities.

For example, nannies in Minneapolis receive more than the living wage for workers in the area.

On the flip side, some high-profile nannies have six-digit earnings that range from $150K to $220K, as reported by CNN in 2019.

They make this much money because of the workload and credentials they have to worth six figures.

Additionally, they need to have all of the qualities it takes to be a good nanny before they can charge as high as $34 per hour.

Are you curious about these six-figure nannies? Check out this short interview from CNN that talks about the life and story of most real-life Mary Poppins.

Searching For The Best Nanny In Chicago? Contact Karen’s Nanny Agency For High-Quality Nanny Services That Never Disappoint.

In the end, to be considered as one of the best cities where nannies make the most money, these nannies must earn an average of $32K to $41K annually.

Moreover, in this blog, we made sure to analyze if their salaries match the cost of living in their areas.

We emphasized the benefits received by nannies as stated by the law of the cities and the economic status per capita…

...to see if the nanny job opportunities meet the number of aspiring nannies in these cities.

To sum it up, we talked about how much do nannies make a year...

Discussed how much do nannies make in Chicago and answered the most common question - do nannies make good money.

So, if you are searching for the best nanny in Chicago, know that Karen's Nanny Agency is here to give you high-quality nanny services that never disappoint.

Feel free to contact us at (312) 868-0711 because we'd love to hear from you.

References:

Sherry Huang. "The Top 15 Best Places to Be a Nanny in the U.S." Parents, 27 September 2013, www.parents.com/parents-magazine/parents-perspective/the-top-15-best-places-to-be-a-nanny-in-the-u-s/ Accessed on 24 April 2021.

Zippia. "The 10 Best States For Nannies In 2020." Zippia, 6 April. 2021, www.zippia.com/nanny-jobs/best-states/ Accessed on 24 April 2021.