Admittedly I don’t know your salary or market, but it is possible to make decent money in embedded. Connections & market timing are both vital though, in my experience, as well as being actually good at your job. I’m in Canada so numbers are way different, but salary-wise I’m in the ~75th percentile software engineers in my area, my title is embedded engineer, and I’m fairly junior (3 years out of university, ~6 years full-time experience). I’m working with some other embedded people who are in the 95th percentile for software engineers in the country. The main problem is there are very few high-paying embedded jobs; conversely though, there seem to be even fewer highly-skilled embedded engineers looking for work. I recently interviewed at a company paying 50th-85th (based on experience) percentile trying to hire pretty much any competent embedded engineer, and their problem isn’t insufficient salary, it’s just a lack of applicants or any skill level. From what I’ve heard, the same seems to be true pretty much everywhere.

Now sure, if you’re looking for 500k+ jobs, embedded isn’t the area to be in, unfortunately. But I prefer low-stress, fun-environment embedded jobs, and don’t mind trading off salary for that. Different strokes.