Average Business Teachers, Postsecondary Salary in Colorado Springs, CO
Business Teachers, Postsecondary in Colorado Springs, CO, earn an average annual salary of $78,450. This figure is notably lower than the national average of $108,950, suggesting that local market dynamics, such as demand and the cost of living, play a significant role in compensation for this specialized teaching role within the region.
Executive Summary
- Average Salary: $78,450 per year.
- Growth Trend: Salaries have shifted 10.6% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $154,410.
- Outlook: The local job market for Business Teachers, Postsecondary in Colorado Springs appears stable, with a total workforce of 200 individuals. The concentration, indicated by a Location Quotient of 1.19, suggests a slightly higher presence of these professionals compared to the national average, hinting at a consistent, albeit not rapidly expanding, demand within the area's educational institutions.
Salary Overview
The average Business Teachers, Postsecondary in Colorado Springs, CO earns-28.0%below the national average.
$37.7
$1,509
$6,538
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 Colorado Springs have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for specialized business education, and the need to attract and retain qualified educators in a competitive academic landscape.
Business Teachers, Postsecondary Salary Distribution in Colorado Springs, CO
Career progression for Business Teachers, Postsecondary in Colorado Springs typically involves a salary increase from entry-level to senior positions. While specific percentile data isn't available, the gap between starting salaries and those earned by highly experienced educators signifies substantial earning potential and career advancement opportunities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ProbationaryInitial licensure. Mentored by senior faculty. | 10% (Entry) | $30,780 | $14.8 |
| Tenured / ProProfessional status. Curriculum development. | 25% (Junior) | $58,838 | $28.3 |
| Senior EducatorDepartment chair. Mentors student teachers. | 50% (Median) | $59,010 | $28.4 |
| Lead SpecialistInstructional coach, reading specialist, or VP. | 75% (Senior) | $98,063 | $47.1 |
| AdministratorPrincipal, District Admin, or Consultant. | 90% (Expert) | $154,410 | $74.2 |
Detailed Business Teachers, Postsecondary Market Analysis
Relocation Context
Nominal Salary
$78,450
Gross Pay
Real Wage (Purchasing Power)
$78,450
Adjusted for COL (100)
With an average annual salary of $78,450 and a Cost of Living Index at the national average of 100, the nominal income in Colorado Springs for Business Teachers, Postsecondary aligns directly with the cost of living. This means that, on average, the purchasing power of this salary is comparable to the national average, offering a balanced lifestyle without significant financial strain relative to the rest of the country.
Job Market Context
200
Total Jobs
0.633
Per 1K Jobs
1.19
Location Quotient
With a location quotient of 1.19, Colorado Springs, CO has a slightly higher-than-average concentration of Business Teachers, Postsecondary roles compared to the national norm.
The Location Quotient of 1.19 for Business Teachers, Postsecondary in Colorado Springs indicates a concentration slightly above the national average. This suggests that the demand for these educators is present and perhaps marginally stronger than in other regions, making the market moderately competitive for both employers seeking talent and professionals seeking opportunities.
Nearby Job Markets
Nearby Cities for Business Teachers, Postsecondary
| City | Salary | Dist. |
|---|---|---|
| Northwest Colorado nonmetropolitan area Business Teachers, Postsecondary Salary | $103,040↑ 31% | 32 mi |
| Southwest Colorado nonmetropolitan area Business Teachers, Postsecondary Salary | $90,940↑ 16% | 32 mi |
| Eastern and Southern Colorado nonmetropolitan area Business Teachers, Postsecondary Salary | $62,190↓ 21% | 32 mi |
| Pueblo, CO Business Teachers, Postsecondary Salary | $60,580↓ 23% | 42 mi |
| Denver-Aurora-Centennial, CO Business Teachers, Postsecondary Salary | $99,240↑ 27% | 62 mi |
Comparing salaries near Colorado Springs, CO
Hiring Business Teachers, Postsecondarys?
Frequently Asked Questions
How much does a Business Teachers, Postsecondary make in Colorado Springs, CO?
The median annual salary for a Business Teachers, Postsecondary in Colorado Springs, CO is $78,450. This typically ranges from $30,780 for entry-level positions to $154,410 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado Springs, CO is 28.0% lower than the national median of $108,950.
Is Colorado Springs, CO a lucrative place for Business Teachers, Postsecondarys?
No, not significantly more lucrative than the national average.While the average salary of $78,450 is respectable, it falls considerably below the national average of $108,950. However, the cost of living is also at the national average, making the effective purchasing power comparable.
Is Colorado Springs, CO a good place to live for Business Teachers, Postsecondarys?
The Cost of Living Index in Colorado Springs, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Colorado Springs, CO?
Some top paying nearby cities include Northwest Colorado nonmetropolitan area ($103,040) and Southwest Colorado nonmetropolitan area.
How does the Colorado Springs salary compare to the national average?
The average annual salary for Business Teachers, Postsecondary in Colorado Springs is $78,450, which is approximately 28% lower than the national average of $108,950.
What is the significance of the Location Quotient (LQ) of 1.19?
An LQ of 1.19 means that Business Teachers, Postsecondary are 19% more concentrated in Colorado Springs than the national average, indicating a slightly higher demand or presence of this profession in the local job market.
How does the cost of living in Colorado Springs affect the salary?
Colorado Springs has a Cost of Living Index of 100, which is the national average. This means the $78,450 salary has purchasing power equivalent to the national average, making it neither particularly high nor low in real terms.
What is the total number of Business Teachers, Postsecondary in Colorado Springs?
There are approximately 200 Business Teachers, Postsecondary employed within the Colorado Springs workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Colorado Springs, CO area with a job density of 0.633 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Business Teachers, Postsecondary Salaries by State
Top Jobs in Colorado Springs, CO
- All Occupations Salary in Colorado Springs, CO
- Office and Administrative Support Occupations Salary in Colorado Springs, CO
- Food Preparation and Serving Related Occupations Salary in Colorado Springs, CO
- Sales and Related Occupations Salary in Colorado Springs, CO
- Business and Financial Operations Occupations Salary in Colorado Springs, CO
- Transportation and Material Moving Occupations Salary in Colorado Springs, CO
- Healthcare Practitioners and Technical Occupations Salary in Colorado Springs, CO
- Educational Instruction and Library Occupations Salary in Colorado Springs, CO
- Computer and Mathematical Occupations Salary in Colorado Springs, CO
- Healthcare Support Occupations Salary in Colorado Springs, CO
- Browse All Jobs in Colorado Springs, CO →
Semantic Salary Analysis for Business Teachers, Postsecondary • Data source: BLS OEWS 2024 •Jobs in Colorado Springs, CO