Average Salary Range of an IT Manager
The salary range for an IT Manager can vary significantly depending on a number of factors, including experience, industry, job title and geographical location.
According to the Bureau of Labor Statistics (BLS), the median annual salary for IT Managers in the U.S. is $146,360. The lowest 10 percent earned an average salary of $73,670, and the highest 10 percent earned an average salary of $208,000.
Experience is one of the main factors in determining an IT Manager’s salary. Generally, the more experience an IT Manager has, the higher their salary will be. IT Managers with 5-9 years of experience in the field can expect to earn around $100,000-$140,000 per year. Those with 10-19 years of experience can expect to earn upwards of $140,000-$180,000 per year. IT Managers with 20+ years of experience can expect to earn in the range of $180,000-$220,000.
The industry in which an IT Manager works also has an impact on their salary. IT Managers employed by technology companies tend to earn more than those working for non-tech companies. For example, IT Managers at software companies can expect to earn an average of $150,000-$170,000 per year, while those working in healthcare may earn an average of $128,000-$142,000.
Geographical location is another factor that can affect an IT Manager’s salary. For example, IT Managers in the San Francisco Bay Area tend to earn higher salaries than those in other parts of the country. According to the BLS, IT Managers in San Francisco earn an average salary of $166,000 per year.
Finally, job title also plays a role in determining an IT Manager’s salary. Those in senior-level positions such as Chief Information Officer (CIO) or Chief Technology Officer (CTO) typically earn the highest salaries, ranging from $140,000-$220,000 per year.