Expand mobile version menu
  Skip to main content

Armored Assault Vehicle Officer ... (Military - Officer)

Money & Outlook

:

Go

National Earnings

Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.

Where do these numbers come from?


Officers in the military can progress through ten officer pay grades during their careers. Pay grade and length of service determine an officer's pay. Most newly commissioned officers begin at pay grade O-1 ($43,646/year basic pay in 2023). With certain professional qualifications, officers may enter at a higher pay grade. After two years, officers generally move up to O-2 ($57,272/year basic pay in 2023). After an additional two years, the military generally promotes officers to O-3 ($77,637/year basic pay in 2023) if job performance and other requirements are met. Cost-of-living increases usually occur once a year. Many officers and their families live free of charge in military housing on the base where they are assigned. Those living off base receive a housing allowance in addition to their basic pay. Officers also receive a monthly food allowance. These allowances, and associated tax savings, are substantial additions to basic pay. Other employment benefits for military officers include free health care, 30 days paid vacation each year, legal assistance, education assistance, military store privileges, and an excellent retirement program.

National Employment and Outlook

Employment small occupation
  The military has about 36,764 officers in the broader group of Combat Specialty.
(The National average for all occupations is 142,207 workers)
Growth N/A
  The goal of the Armed Forces is to maintain a force sufficient to deter, fight, and overcome various threats or conflicts in multiple regions at the same time. Emerging conflicts and global events, however, could lead to changes in the size of the military branches. Consequently, the nation is expected to maintain adequate personnel in the armed services. The following branches of the military offer employment and training opportunities for this career: Army, Marine Corps. 

Contact

  • Email Support

  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900

Support


Powered by XAP

OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.