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Average Business Teachers, Postsecondary Salary in Arkansas

Business Teachers, Postsecondary in Arkansas earn an average annual salary of $83,030, which is notably below the national average of $108,950. This difference in compensation can be attributed to a variety of local economic factors, including the overall demand for specialized educators and the prevailing wage scales within the state's higher education sector.

Executive Summary

  • Average Salary: $83,030 per year.
  • Growth Trend: Salaries have shifted 5.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $135,040.
  • Outlook: With a total local workforce of 760 Business Teachers, Postsecondary, and a Location Quotient of 1.11, Arkansas demonstrates a slightly higher concentration of these professionals than the national average. This suggests a stable, albeit not rapidly expanding, demand for educators in this field within the state, indicating a moderately robust job market for qualified individuals.
2024 Market Data

Salary Overview

$83,030

The average Business Teachers, Postsecondary in Arkansas earns-23.8%below the national average.

BreakdownBased on 40h/week
Hourly

$39.9

Weekly

$1,597

Monthly

$6,919

Business Teachers, Postsecondary Salary Distribution in Arkansas

Salary progression for Business Teachers, Postsecondary in Arkansas typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned educators with advanced degrees and extensive teaching or industry experience can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies a clear career ladder and opportunities for advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$50,220$24.1
Tenured / ProProfessional status. Curriculum development.25% (Junior)$62,273$29.9
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$63,170$30.4
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$103,788$49.9
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$135,040$64.9

Detailed Business Teachers, Postsecondary Market Analysis

Relocation Context

Nominal Salary

$83,030

Gross Pay

Real Wage (Purchasing Power)

$91,949

Adjusted for COL (90.3)

The nominal average salary of $83,030 in Arkansas presents a favorable financial outlook when considered against the state's Cost of Living Index of 90.3. This index, being below the national average of 100, suggests that the purchasing power of an $83,030 salary in Arkansas is likely higher than the national average, making the compensation more substantial in real terms.

Job Market Context

760

Total Jobs

0.59

Per 1K Jobs

1.11

Location Quotient

Above Average

With a location quotient of 1.11, Arkansas has a slightly higher-than-average concentration of Business Teachers, Postsecondary roles compared to the national norm.

A Location Quotient of 1.11 indicates that Business Teachers, Postsecondary are slightly more concentrated in Arkansas than in the nation as a whole. This suggests a healthy presence of these roles within the state's educational institutions, implying a competitive but accessible job market for new entrants and established professionals alike.

Nearby Job Markets

Nearby Cities for Business Teachers, Postsecondary

Comparing salaries near Arkansas

Hiring Business Teachers, Postsecondarys?

Frequently Asked Questions

How much does a Business Teachers, Postsecondary make in Arkansas?

The median annual salary for a Business Teachers, Postsecondary in Arkansas is $83,030. This typically ranges from $50,220 for entry-level positions to $135,040 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Arkansas is 23.8% lower than the national median of $108,950.

Is Arkansas a lucrative place for Business Teachers, Postsecondarys?

Yes, with a caveat regarding the national average.While the average salary of $83,030 is below the national figure, the lower cost of living in Arkansas enhances the purchasing power of this salary. The slightly higher concentration of these roles also suggests consistent demand.

Is Arkansas a good place to live for Business Teachers, Postsecondarys?

With a Cost of Living Index of 90.3 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Arkansas?

Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($85,080) and others.

How does the Arkansas salary compare to the national average for Business Teachers, Postsecondary?

The average annual salary for Business Teachers, Postsecondary in Arkansas is $83,030, which is approximately $25,920 less than the national average of $108,950.

What is the concentration of Business Teachers, Postsecondary in Arkansas?

Arkansas has a Location Quotient of 1.11 for Business Teachers, Postsecondary, indicating a slightly higher concentration of these jobs compared to the national average.

How does the cost of living in Arkansas affect the salary?

With a Cost of Living Index of 90.3, Arkansas is more affordable than the national average. This means the $83,030 salary can provide a higher standard of living locally than it might in a higher-cost region.

What is the total number of Business Teachers, Postsecondary in Arkansas?

There are approximately 760 Business Teachers, Postsecondary employed within Arkansas.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 760 employees in the Arkansas area with a job density of 0.59 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.