One great thing about the cybersecurity industry is that it offers people economic security, when the middle class is under pressure. Experienced cybersecurity professionals enjoy a 0% unemployment rate. Many potential career changers really want to know, “How much can I make in cybersecurity?” I’ll spare you the standard explanation that it depends.
In 2020, the median income for an information security analyst was $103,590 per year (with less than 5 years experience) according to the US Bureau of Labor Statistics (BLS). (That’s a 3.9% increase from 2019.) Meanwhile, the US median household income was $68,400 in that same year. You read that right. In the US, the individual median information security analyst earned 51% more than the entire median household in 2020!
Where are all these jobs? All over the United States, but the highest numbers are in Virginia, Texas, California, New York and Florida. The highest paying states however are California, New York, New Jersey, District of Columbia, and Virginia.
Cybersecurity is an exciting, future-proof career field, which offers a lot of opportunities. The BLS states, “Employment of information security analysts is projected to grow 31 percent from 2019 to 2029, much faster than the average for all occupations.” That’s at least a solid decade of cybersecurity job growth ahead of us.
In the US, the individual median information security analyst earned 51% more than the entire median household in 2020!
But we know it can be daunting to try something new. This is especially true for career changers. However, the economic security, which the field offers, may be tempting enough to get you to make the leap. Go ahead and take a bet on yourself!