Do account managers get paid well?

Question

Zippia Team · Accepted Answer

Yes, account managers get paid well. The average sales account manager salary is $74,139 per year ($35.64 per hour). Those in the lower 10% of account manager positions only make about $47,000 a year, while the top 10% average a whopping salary of $114,000 a year.

Variation in pay rates for account managers includes where they are located, the type of position, and years of experience.

The top 10 states that account members earn the most in are.

Washington averages $83,142 per year$39.97 an hour)
Rhode Island averages $82,384 per year($39.61 an hour)
New York averages $79,459 per year ($38.20 an hour)
Vermont averages $77,767 per year ($37.39 an hour)
Alaska averages $75,52 per year ($36.31 an hour)
New Jersey averages $75,428 per year ($36.26 an hour)
Connecticut averages $74,297 per year ($35.72 an hour)
Michigan averages $72,782 per year ($34.99 an hour)
Maine averages $71,586 per year ($34.42 an hour)
Virginia averages $69,857 per year ($33.59 an hour)

Industry and Pay Rates for Account Manager.

Manufacturing averages $80,544 per year
Health Care averages $74,441 per year
Technology averages $73,377 per year
Transportation averages $66,998 per year
Finance averages $66,310 per year
Retail averages $66,015 per year

Years of Experience and Account Manager Pay Rate.

An entry-level Account Manager (i.e., less than 1 year of experience) can expect to earn an average of $45,227 per year.
An early career Account Manager (i.e.,1-4 years of experience) can earn an average of $51,785 per year.
A mid-career Account Manager (i.e., 5-9 years of experience) can earn an average of $61,217 per year.
An experienced Account Manager (i.e., 10-19 years of experience) can earn an average of $63,439 per year.
A late-career (i.e., 20 years and higher) can earn an average of $65,34 per year.