Average Business Teachers, Postsecondary Salary in Champaign-Urbana, IL
Business Teachers, Postsecondary in Champaign-Urbana, IL earn a remarkable average annual salary of $168,360, significantly outpacing the national average of $108,950. This substantial premium is driven by a concentrated demand for specialized educators within this specific metropolitan area, indicating a strong local market appreciation for their expertise.
Executive Summary
- Average Salary: $168,360 per year.
- Growth Trend: Salaries have shifted 12.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $252,540.
- Outlook: The Champaign-Urbana job market for Business Teachers, Postsecondary appears robust, supported by a local workforce of 380 professionals. The exceptionally high Location Quotient of 6.86 suggests a significantly higher concentration of these roles compared to the national average, pointing towards strong and sustained demand.
Salary Overview
The average Business Teachers, Postsecondary in Champaign-Urbana, IL earns+54.5%above the national average.
$80.9
$3,238
$14,030
Business Teachers, Postsecondary Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Business Teachers, Postsecondary in Champaign-Urbana have experienced consistent growth over the past four years, mirroring national trends of increasing compensation for specialized academic roles, particularly in high-demand fields like business.
Business Teachers, Postsecondary Salary Distribution in Champaign-Urbana, IL
Salary progression for Business Teachers, Postsecondary in Champaign-Urbana typically scales with experience. Entry-level positions will command lower salaries, while seasoned professionals with extensive teaching and industry experience can expect to reach the higher percentiles. The gap between entry-level and senior roles signifies clear career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ProbationaryInitial licensure. Mentored by senior faculty. | 10% (Entry) | $65,970 | $31.7 |
| Tenured / ProProfessional status. Curriculum development. | 25% (Junior) | $126,270 | $60.7 |
| Senior EducatorDepartment chair. Mentors student teachers. | 50% (Median) | $169,800 | $81.6 |
| Lead SpecialistInstructional coach, reading specialist, or VP. | 75% (Senior) | $210,450 | $101.2 |
| AdministratorPrincipal, District Admin, or Consultant. | 90% (Expert) | $252,540 | $121.4 |
Detailed Business Teachers, Postsecondary Market Analysis
Relocation Context
Nominal Salary
$168,360
Gross Pay
Real Wage (Purchasing Power)
$168,360
Adjusted for COL (100)
With an average annual salary of $168,360 and a Cost of Living Index of 100 (matching the national average), Business Teachers, Postsecondary in Champaign-Urbana, IL enjoy excellent purchasing power. The nominal salary translates directly into a strong real income, allowing for a comfortable lifestyle without the added financial strain often associated with higher living costs.
Job Market Context
380
Total Jobs
3.641
Per 1K Jobs
6.86
Location Quotient
Champaign-Urbana, IL has 6.9x the national concentration of Business Teachers, Postsecondary jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 6.86 for Business Teachers, Postsecondary in Champaign-Urbana is exceptionally high, indicating that this region is a major hub for this profession. This suggests a highly competitive yet abundant job market, where employers actively seek out and value specialized talent, and professionals have numerous opportunities.
Nearby Job Markets
Nearby Cities for Business Teachers, Postsecondary
| City | Salary | Dist. |
|---|---|---|
| West Central Illinois nonmetropolitan area Business Teachers, Postsecondary Salary | $76,680↓ 54% | 41 mi |
| East Central Illinois nonmetropolitan area Business Teachers, Postsecondary Salary | $62,960↓ 63% | 41 mi |
| Northwest Illinois nonmetropolitan area Business Teachers, Postsecondary Salary | $53,680↓ 68% | 41 mi |
| South Illinois nonmetropolitan area Business Teachers, Postsecondary Salary | $134,610↓ 20% | 41 mi |
Comparing salaries near Champaign-Urbana, IL
Hiring Business Teachers, Postsecondarys?
Frequently Asked Questions
How much does a Business Teachers, Postsecondary make in Champaign-Urbana, IL?
The median annual salary for a Business Teachers, Postsecondary in Champaign-Urbana, IL is $168,360. This typically ranges from $65,970 for entry-level positions to $252,540 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Champaign-Urbana, IL is 54.5% higher than the national median of $108,950.
Is Champaign-Urbana, IL a lucrative place for Business Teachers, Postsecondarys?
Yes, Champaign-Urbana, IL is a highly lucrative location for Business Teachers, Postsecondary.The average salary of $168,360 is significantly above the national average, and the Cost of Living Index of 100 means this high salary offers excellent purchasing power.
Is Champaign-Urbana, IL a good place to live for Business Teachers, Postsecondarys?
The Cost of Living Index in Champaign-Urbana, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Champaign-Urbana, IL?
Some top paying nearby cities include West Central Illinois nonmetropolitan area ($76,680) and East Central Illinois nonmetropolitan area.
How does the local demand for Business Teachers compare nationally?
The Location Quotient of 6.86 indicates that demand is nearly seven times higher in Champaign-Urbana compared to the national average, suggesting a very concentrated and strong local job market.
What is the significance of the total local workforce number?
A local workforce of 380 Business Teachers, Postsecondary suggests a substantial and established professional community within the Champaign-Urbana area.
Does the Cost of Living affect the value of the salary?
No, the Cost of Living Index of 100 means that the $168,360 salary has the same purchasing power as the national average salary in a national average cost of living area.
Are there many job opportunities for Business Teachers in Champaign-Urbana?
Given the high Location Quotient and the number of jobs per 1,000 workers (3.641), there appears to be a healthy and consistent number of opportunities available.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Champaign-Urbana, IL area with a job density of 3.641 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Business Teachers, Postsecondary • Data source: BLS OEWS 2024 •Jobs in Champaign-Urbana, IL