What Is the Average Salary of a Movie Producer?

As a movie producer, you'll hold a lot of responsibility, which can translate to a high-paying salary. Read on to learn about some factors that can affect the average salary you might make in this profession. Schools offering Digital Cinematography degrees can also be found in these popular choices.

Salary Overview

Unlike actors, there is no union-negotiated minimum pay agreement within the industry for producers, according to the Producers Guild of America (www.producersguild.org). This means you'll usually be responsible for negotiating the pay you receive for each project.

According to the U.S. Bureau of Labor Statistics (BLS), as your career progresses and you begin working on more prestigious projects, your salary can usually increase (www.bls.gov). As an established producer, you can potentially earn large paychecks, but realistically, your salary is more likely to fluctuate with each project.

As of May 2014, the BLS reported that the average annual salary for producers and directors was $90,300. There is a wide range of salary possibilities as a producer, but because of the competition for jobs, only a small percentage of producers earn extremely high salaries. This can sometimes make the average pay for producers misleading. A more accurate way to gauge producer salaries is to look at the middle range. The median yearly salary for producers and directors was reported at $69,100 as of May 2014, with the middle half of all these workers earning wages between $44,970 and $109,640 annually.

Important Facts About This Occupation

Required Education Bachelor's degree is typical
Key Skills Communication, management, and leadership skills; creativity
Work Environment Film studios and other on-site locations
Similar Occupations Actor, announcer, top executive, art director

Salary by Location

According to the BLS, states with the highest mean wages for producers and directors in May 2014 included California ($126,270), New York ($112,240), the District of Columbia ($84,610) and New Jersey ($83,080). Those working in states that included Montana, Iowa, Kentucky, Maine, Idaho and Alabama made below average wages of $42,600-$50,490 at that time.

Salary by Experience

As of September 2015, PayScale.com reported that film and TV producers with 0-5 years of experience earned a median of $50,000. The yearly median earnings for those with 5-10 years of experience was reported as $66,000. A person with 10-20 years of experience could expect to earn about $87,000 per year.

Job Prospects

The BLS expects slower than average 3% employment growth for producers and directors over the 2012-2022 period. The BLS particularly expects growth in the motion picture and video industry. The highest job concentration in May 2014 was in the District of Columbia, New York, California, Connecticut and Georgia. Industries with the highest employment levels at that time were the motion picture and video industries and radio and TV broadcasting.

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