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This question is about senior information technology manager salaries, information technology manager salaries, and information technology project manager salaries.
Yes, IT managers make good money. The average salary of IT managers is $146,360 a year. The top 25% of IT managers earned an average of $185,610 that year, while the bottom 25% made $113,110.
Number of years of experience as IT manager and earning potential:
An entry-level IT manager (i.e., less than one year of experience) averages $70,914 a year
An early career IT manager (i.e., 1 to 4 years of experience) earns around $80,000 a year
A mid-career IT manager (i.e., 5 to 9 years of experience) earns around $100,000 a year.
An experienced IT manager (i.e., 10 to 19 years of experience) earns around $130,000 a year.
A late-career (i.e., 20 years and higher experience) earns around $140,000 a year.
Top 5 cities in pay rate for IT managers:
San Jose, California, averages $215,090 a year
San Francisco, California, averages $201,960 a year
New York, New York, averages $196,290 a year
Santa Maria, California, averages $183,300 a year
Boulder, Colorado, averages $181,910 a year
Top 5 states in pay rate for IT managers:
New York averages $190,390 a year
California averages $185,640 a year
New Jersey averages $181,620 a year
Virginia averages $173,280 a year
Colorado averages $172,810 a year

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