Are you interested in becoming an information security analyst? If so, one of the first things you may be curious about is the salary potential for this job. In this article, we will explore the average information security analyst salary, as well as factors that can affect this number.
What Is an Information Security Analyst?
Before diving into salary information, it’s important to understand what an information security analyst does. This job involves protecting an organization’s computer systems and networks from cyberattacks. Information security analysts often work with other IT professionals to implement security measures, monitor systems for suspicious activity, and respond to security breaches.
What Is the Average Information Security Analyst Salary?
According to data from the Bureau of Labor Statistics, the median annual wage for information security analysts was $103,590 as of May 2020. This means that half of all information security analysts earned more than this amount, while the other half earned less.
It’s worth noting that this salary can vary widely depending on several factors, such as location, experience level, and industry. Let’s take a closer look at how these factors can impact an information security analyst’s salary.
One of the biggest factors that can affect an information security analyst’s salary is their location. In general, areas with higher costs of living tend to pay higher salaries. For example, according to data from the BLS, the highest-paying states for information security analysts as of May 2020 were:
- Virginia: $127,660
- New York: $125,980
- California: $123,310
- Washington: $120,740
- Colorado: $118,420
Keep in mind that these are just averages, and salaries can vary widely even within the same state depending on factors such as industry and company size.
Another key factor that can impact an information security analyst’s salary is their experience level. As with most professions, entry-level positions tend to pay less than those that require more experience.
According to data from PayScale, the average salary for an information security analyst with less than one year of experience is $62,000 per year. This number jumps to $83,000 per year for analysts with 1-4 years of experience, and $96,000 per year for those with 5-9 years of experience. Analysts with 10-19 years of experience can expect to earn an average of $107,000 per year, while those with 20 or more years of experience can earn an average of $118,000 per year.
The industry in which an information security analyst works can also have a significant impact on their salary. Some of the highest-paying industries for information security analysts as of May 2020, according to the BLS, were:
- Computer Systems Design and Related Services: $112,690
- Management, Scientific, and Technical Consulting Services: $111,670
- Finance and Insurance: $107,840
- Information: $106,390
- Administrative and Support Services: $99,290
Of course, salaries can vary widely within these industries as well depending on factors such as location and experience level.
Overall, the average information security analyst salary is quite competitive, with many analysts earning six-figure salaries. However, it’s important to keep in mind that this number can vary widely depending on several factors, such as location, experience level, and industry. As with any profession, it’s important to do your research and consider all of these factors before making a decision about your career path.