Information Employment and Wages in 2023

In 2023, the Information industry employed over 3 million people in the United States, reflecting an increase of 1.4% from 2022. The annual mean wage in 2023 was $108,110, and the median wage was $84,700. Compared to the national average, the wages in this industry group were higher by 65.1%.

Industry Sub-Groups

Among the industry sub-groups, Software Publishers held the largest number of jobs within the Information industry, employing over 654 thousand people in 2023. The annual mean wage in this sub-group was $134,110, with a median wage of $125,990. There was an increase in wage variance to the national average compared to 2022, with the variance shifting from 104.1% to 104.8%, indicating industry wages outpaced national wage trends.

Telecommunications accounted for a substantial employment share, with 647 thousand people employed in 2023. The annual mean wage for this sub-group was $84,550, and the median wage was $76,010. In terms of wage variance to the national average, there was a decrease compared to 2022, with the variance shifting from 30.1% to 29.1%.

The sub-group of Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services also had considerable industry employment, with approximately 482 thousand people employed in 2023. The annual mean wage in this sub-group was $116,230 and the median wage was $102,340. The wage variance to the national average experienced an increase compared to 2022, with the variance shifting from 70.1% to 77.5%.

Highest Employment Occupations

When we examine the top occupations in terms of employment within the Information industry, we find that Computer and Information Systems Managers had the highest annual mean wage in 2023, at $202,710, and a median wage of $183,370. The industry variance to the national average was 12.2%. General and Operations Managers had an annual mean wage of $160,530 and a median wage of $131,310. The industry variance to the national average was 24.1%. Software Developers had an annual mean wage of $157,940 and a median wage of $158,390. The industry variance to the national average was 14.4%.

Conversely, notable occupations with lower wages within the Information industry included 0, with an annual mean wage of $0,0 and a median wage of $0,0. The industry variance to the national average was 0%. Customer Service Representatives had an annual mean wage of $51,900 and a median wage of $46,450. The industry variance to the national average was 19.3%. Telecommunications Equipment Installers and Repairers, Except Line Installers had an annual mean wage of $66,890 and a median wage of $63,840. The industry variance to the national average was 4.5%.

Summary

In 2023, the U.S. Information industry employed over 3 million people, reflecting a 1.4% increase from 2022. The annual mean wage in the industry was $108,110, and the median wage was $84,700, which is 65.1% higher than the national average. Software Publishers, the largest sub-group, employed 654,000 people with an annual mean wage of $134,110, significantly outpacing national wage trends. Telecommunications employed 647,000 people, with wages 29.1% above the national average. Computing Infrastructure Providers, Data Processing, and Web Hosting employed 482,000 people, with an annual mean wage of $116,230 and a strong increase in wage variance. High-paying occupations like Computer and Information Systems Managers earned $202,710, while Software Developers earned $157,940. Lower-wage roles, such as Customer Service Representatives and Telecommunications Equipment Installers, had mean wages of $51,900 and $66,890, respectively. Overall, the industry experienced steady employment growth, with wages significantly surpassing national averages across most sub-groups and occupations.

For more detailed industry insights, consider purchasing Aimiax’s 2023 Information Industry Report.