Information

Industry Sector

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Workforce Population
2.91M
2020
Average Employee Age
41.3
2020
Estimated Job Growth
−0.217%
10-Year Projection
Average Salary
$79,494
2020
Average Male Salary
$90,398
2020
Average Female Salary
$63,733
2020

About

The top three occupations in the Information Industry Sector are other managers, customer service representatives, and software developers. On average, full-time employees in the Information Industry Sector work 43.8 hours per week and have an average annual salary of $89,678. Part-time employees in the same industry work 20.5 hours and earn an average annual salary of $20,037.

The locations with the highest concentration of employees in the Information Industry Sector are LA City (Central/Pacific Palisades) PUMA, CA, Burbank City PUMA, CA, and West Hollywood & Beverly Hills Cities PUMA, CA.

The workforce of Information Industry Sector in 2020 was 2,909,202 people, with 40.9% woman, and 59.1% men.

In 2020, 73.3% of the workforce in the Information Industry Sector was White (2,132,842 people), of which 40.4% were women and 59.6% men.

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Information

dollarEmployment & Salaries

A snapshot of workforce, wages, and opportunities in the Information Industry Sector.

The workforce in Information Industry Sector was 2,909,202 people and is concentrated in California (509,726 workers). The average annual salary was $79,494, being $23,540 more than the national average salary, which was $55,954.

Monthly Employment

Showing data for the Information industry sector.
Start Year
Y-Axis
0.878%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 3.05M people employed in the Information industry. This represents a 0.878% increase in employment when compared to February 2022.

This chart shows monthly employment numbers for Information over time (non-seasonally adjusted).

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Employment by Location

The states that concentrated the largest workforce in 2020 were California (510k), New York (250k), and Texas (212k).

This map shows the states in the United States shaded by workforce for Information Industry Sector.

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Yearly Wage Ranking

In 2020, Information Industry Sector had an average annual wage of $79,494, $23,540 more than the average national salary of $55,954.

The graph shows the position of Information Industry Sector in the ranking of industries by average annual wage.

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Wage Distribution

0.469
WAGE GINI

Information has a wage GINI of 0.469, which is less than than the national average of 0.478. In other words, wages are distributed more evenly in Information (shown in red) in comparison to the national average for those wage buckets (shown in gray).

The graphic shows the distribution of average salaries by buckets for Information Industry Sector workers compared to the entire workforce in the country.

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peopleOccupations

A review of jobs and wages in the Information Industry Sector.

Other managers are the most common position with 175,507 workers, but the Information Industry Sector employs a relatively high number of Customer service representatives and Software developers.

The highest average salary in Information goes to Lawyers, & judges, magistrates, & other judicial workers.

Occupations Distribution

The graph shows the distribution of employees in the Information Industry Sector according to occupations. In 2020, the occupations that concentrated the largest number of employees in this industry were other managers (175,507 people), customer service representatives (142,803 people), and software developers (122,510 people)

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Wage by Sex in Common Jobs

$90,398
AVERAGE MALE SALARY
±$1,784
$63,733
AVERAGE FEMALE SALARY
±$1,589

On average, Male workers in the Information Industry Sector make 1.42 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Information Industry Sector.

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briefcaseBusiness

Estimates of the sources of the costs and the purchasers of the products in the Information Industry Sector. Based on estimates from the Bureau of Economic Analysis, this section indicates the amount of money spent by a specific industry in other industries.

The industrial flow illustrates the intermediate inputs and the use of outputs of the Information Industry Sector.

The Information Industry Sector gets the most input, by its share of the cost of all intermediate inputs, from the Professional and business services Industry.

California and New York stand out as the states with the largest number of establishments in the Information Industry Sector.

Industrial Flow

Professional and business services has the highest single input, by dollars, to the Information Industry Sector, and the largest industry purchasing services from the Information Industry Sector is Information.

In this flow diagram, all of the industries listed to the left are those places from which the highlighted industry has made purchases. They are the intermediate inputs to the highlighted industry. All those industries listed on the right side are those industries that have made purchases from the highlighted industry. They are the use of outputs of the highlighted industry. The visualizations below offer alternative ways to see and understand this data.

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Intermediate Inputs

HIGHEST INPUT INDUSTRY
  1. Professional and business services
  2. Information
  3. Manufacturing

The Information Industry Sector gets the most input, by its share of the cost of all intermediate inputs, from the Professional and business services Industry. This visualization does not include labor and capital costs.

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Use of Output by Other Industries

LARGEST PURCHASING INDUSTRY
  1. Information
  2. Professional and business services
  3. Finance, insurance, real estate, rental, and leasing

The Information Industry purchases the greatest share of products and services from the Information Industry Sector in order to produce other goods and services. Purchases of the Information Industry Sector for final consumption by consumers, businesses, or government are not included here.

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Establishments

States with more establishments in 2016
  1. California
    59,424
  2. New York
    31,804
  3. Texas
    27,242

The charts shows the distribution of establishments in the Information industry by states and the number of establishments according to size.

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Median Earnings

States with the highest median earnings in 2020
  1. New Jersey
    $80,716
  2. Washington
    $77,464
  3. District of Columbia
    $77,279

The charts shows the median earnings of the Information industry by state and the annual evolution of the median earnings of the industry compared to the national level.

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geosearchDiversity

Demographic information on the Information Industry Sector in the US.

Of the total workforce, 40.9% corresponds to women and 59.1% men. Male employees tend to earn more than Female employees, with average respective salaries of $90,398 and $63,733.

74.1% of workers have a bachelors degree, some college or graduate degree.

Gender and Age

1,189,664
Women
40.9%
1,719,538
Men
59.1%

The workforce of Information industry in 2020 was 2,909,202 people, with 40.9% woman, and 59.1% men.

The visualization shows the distribution of the workforce by gender and age in Information industry.

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Races

In 2020, 73.3% of the workforce in the Information industry was White (2,132,842 people), of which 40.4% were women and 59.6% men.

Other races that concentrated a significant number of workers were Black and Asian.

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Educational Levels

The main educational levels achieved by the Information workers in 2020 were bachelors degree (1,071,242 people), some college (624,497 people), and graduate degree (460,033 people).

The chart shows the Information workforce by gender and educational level.

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timeline-line-chartProjections

Growth projections of the Information industry, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 7.66% in the next ten years. The Information industry has a lower projected workforce growth at −0.217%. Its projected 10-year growth in output (30.1%) is higher than the projected national growth in output (24.2%).

Job Growth

−0.217%
Estimated Job Growth
10-year Projection
7.66%
National Growth
10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Information. This industry is expected to grow less than than 7.66%, the average rate of national job growth.

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Output Growth

30.1%
Estimate Growth
10-year Projection

This line chart shows the projected 10-year growth in output of the Information industry.

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