As of 2015, the average hourly pay for an armed security guard is $13.05 an hour, according to PayScale.com. The pay rate may increase or decrease according to factors such as experience, location and training, resulting in an annual salary that may range from $20,000 to $50,000.
Location is one of the most significant factors that contributes to the differences in pay rates for an armed security guard, as many major urban cities pay higher salaries than smaller cities do. However, many large cities also have a higher cost of living as well.
The industry in which the security guard works also plays a major role in determining price, as higher risk fields frequently compensate the guards more generously to reflect the challenges of the job. For example, many private industries such as non-residential construction or limousine services pay higher rates that security guards working in other sectors.
Unlike in other jobs, higher education does not make as much of an impact on pay rates, as the minimum requirements for armed security guard jobs frequently focus on possession of a high school diploma and security training certification. As an armed security guard must pass a firearms test and obtain the proper licensing to carry the weapon, it does increase the pay rate compared to other types of security guards. Many large security firms, such as Securitas, may also pay higher wages to its employees due to its larger resources and profits.