As a book editor, your job is to bring expertise and experience to a writer's work. You might take on the role of a copy editor, ensuring an author's words and grammar are suitable for publishing. In a managerial role, you might help select the books your publishing company will publish. In any case, people in this profession tend to earn a living wage higher than the national average.
According to the U.S. Bureau of Labor Statistics, editors who work in newspapers, books, periodical and directory publishing earned an average income of $62,800 as of May 2013. That tended to be more than editors earn in educational institutions or in radio and TV broadcasting, but less than those who worked in information services or for private businesses. In New York City -- where you'll find the most jobs in the industry, according to BLS -- Indeed reports the average book editor's salary at $77,000 as of November 2014, while it reports a national salary of $56,000. For all editor positions, people living in New York state earned the highest mean salaries, followed by those living in Washington, D.C., New Jersey, Massachusetts and Colorado.