IT managers earn competitive wages overseeing the computer and technological aspects of a company.
For most businesses, information technology, commonly called IT, plays a vital role in marketing, sales, promotions, advertising and general communication. This technology is administrated by IT systems managers, who coordinate and direct research related to technology used by the company. The average salary in IT management is dependent upon the manager's industry and location.
Average Salary
The average salary in IT management in the United States is $120,640 as of May 2009, according to the U.S. Bureau of Labor Statistics. The median salary is $113,720, with managers in the 25th percentile earning an income of $89,240 and those in the 75th percentile earning $143,590.
Common Industries
Most IT management positions are in the industry of computer systems design and related services, where managers earn an average salary of $130,000 a year. In the management of companies and enterprises, IT managers earn an average of $123,910 annually, while those working for insurance carriers earn $114,940 on average. The mean salary for IT managers working for software publishers is $136,580, and those employed by colleges, universities and professional schools earn an average income of $97,160 annually.
Other Industries
IT management positions are less frequent in other industries, but salaries tend to be higher. In computer and peripheral equipment manufacturing, the average income of an IT manager is $144,780, and those working in financial investment activities earn an average of $145,570. IT management positions in information services offer average yearly wages of $145,620, while managers in securities and commodity contracts intermediation and brokerage earn $145,700 on average. Wages are highest in IT management in the industry of personal services, at $153,890 annually.
Location
The bureau reports that New Jersey is the highest paying state for positions in IT management, with an average salary of $139,880 annually. New York, California, Massachusetts and Virginia follow with salary averages that range from $130,800 to $138,020. IT managers in San Jose, California earn the highest wages in the country for their occupation, with an average income of $166,590, followed by New York City and San Francisco, California, at $149,430 and $148,640, respectively.
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