Going against the conventional wisdom, or what people tend to believe, there are actually quite a few well-paid careers in the Music Industry. For example, Music Educators earn fairly high incomes, whether at entry level Teaching in a public school or at the Professor level. The median salary for middle school Music Teachers is about $60,000 and some Music Professors earn six figure salaries. Music Directors, Composers, Public Relations Specialists, Video and Film Editors, Audio Engineers, and Event Planners in the Music Industry can also earn enough to support a solid middle-class lifestyle.
The top performers, songwriters, producers, and music attorneys are all millionaires. (This is true for just about all professions.) To become truly wealthy, you must painstakingly build a sustainable career over a long time. It’s not only how much you earn, but also how much you spend. Saving a portion of what you earn and investing it wisely over a long time (with a little luck) is how people of all income levels manage to become rich.