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Average Business Teachers, Postsecondary Salary in Cleveland, OH

Business Teachers, Postsecondary in Cleveland, OH earn an average annual salary of $81,950. This figure is notably lower than the national average of $108,950, suggesting that local economic factors and demand dynamics play a significant role in compensation within this specific metropolitan area.

Executive Summary

  • Average Salary: $81,950 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $161,670.
  • Outlook: With a local workforce of 670 Business Teachers, Postsecondary, Cleveland exhibits a concentration slightly above the national average, indicated by a Location Quotient of 1.21. This suggests a moderately robust demand for these educators within the region, implying a stable job market for qualified professionals.
2024 Market Data

Salary Overview

$81,950

The average Business Teachers, Postsecondary in Cleveland, OH earns-24.8%below the national average.

BreakdownBased on 40h/week
Hourly

$39.4

Weekly

$1,576

Monthly

$6,829

Business Teachers, Postsecondary Salary Distribution in Cleveland, OH

Salary progression for Business Teachers, Postsecondary typically scales with experience. Entry-level positions will likely fall at the lower end of the pay scale, while senior educators with extensive experience and specialized knowledge can command significantly higher salaries, with percentile gaps reflecting this career advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$36,960$17.8
Tenured / ProProfessional status. Curriculum development.25% (Junior)$61,463$29.5
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$66,700$32.1
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$102,438$49.2
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$161,670$77.7

Detailed Business Teachers, Postsecondary Market Analysis

Relocation Context

Nominal Salary

$81,950

Gross Pay

Real Wage (Purchasing Power)

$81,950

Adjusted for COL (100)

The nominal average salary of $81,950 in Cleveland, OH, aligns precisely with the national average cost of living index of 100. This means that the purchasing power of a Business Teacher's salary in Cleveland is comparable to the national average, offering a balanced financial landscape for residents.

Job Market Context

670

Total Jobs

0.643

Per 1K Jobs

1.21

Location Quotient

Above Average

With a location quotient of 1.21, Cleveland, OH has a slightly higher-than-average concentration of Business Teachers, Postsecondary roles compared to the national norm.

A Location Quotient of 1.21 indicates that Business Teachers, Postsecondary are more concentrated in Cleveland than the national average. This suggests a slightly more competitive market for job seekers, but also signifies a healthy presence and ongoing need for these specialized roles within the local educational institutions.

Nearby Job Markets

Nearby Cities for Business Teachers, Postsecondary

Comparing salaries near Cleveland, OH

Hiring Business Teachers, Postsecondarys?

Frequently Asked Questions

How much does a Business Teachers, Postsecondary make in Cleveland, OH?

The median annual salary for a Business Teachers, Postsecondary in Cleveland, OH is $81,950. This typically ranges from $36,960 for entry-level positions to $161,670 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Cleveland, OH is 24.8% lower than the national median of $108,950.

Is Cleveland, OH a lucrative place for Business Teachers, Postsecondarys?

No, not compared to the national average.While the average salary of $81,950 is substantial, it falls below the national average of $108,950. However, the cost of living being at the national average means the salary's purchasing power is standard.

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

The Cost of Living Index in Cleveland, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Cleveland, OH?

Some top paying nearby cities include Canton-Massillon, OH ($65,930) and others.

What is the average salary for a Business Teacher in Cleveland, OH?

The average annual salary for a Business Teacher, Postsecondary in Cleveland, OH is $81,950.

How does Cleveland's salary compare to the national average for this role?

The average salary in Cleveland ($81,950) is lower than the national average ($108,950) for Business Teachers, Postsecondary.

What does the Location Quotient of 1.21 mean for this job in Cleveland?

A Location Quotient of 1.21 signifies that Business Teachers, Postsecondary are more concentrated in Cleveland than the national average, indicating a slightly higher presence and potentially more competition or demand.

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

With a Cost of Living Index of 100, Cleveland's cost of living is at the national average, meaning the $81,950 salary offers standard purchasing power compared to the rest of the country.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 670 employees in the Cleveland, OH area with a job density of 0.643 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.