Earning an online master’s in educational leadership trains candidates for a range of occupations, including principals in primary, middle, and high school. According to the Bureau of Labor Statistics, the average annual income for these jobs was $95,310 in 2018. In addition, from 2018-2028, the sector is expected to rise by 4 percent, which is around as high as the overall growth rate for all U.S. occupations. New York, New Jersey, Connecticut, California, and Washington are the states with the best wage prospects for this career.