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Average Business Teachers, Postsecondary Salary in Delaware

Business Teachers, Postsecondary in Delaware earn an average annual salary of $98,390, which is notably below the national average of $108,950. This differential suggests that while Delaware offers competitive compensation, factors specific to the state's economic landscape and demand for these specialized educators may influence the overall pay scale compared to national benchmarks.

Executive Summary

  • Average Salary: $98,390 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $173,860.
  • Outlook: With a local workforce of 300 Business Teachers, Postsecondary, Delaware exhibits a concentration quotient of 1.2, indicating a slightly higher presence of this profession than the national average. This suggests a stable, albeit not rapidly expanding, demand for these educators within the state, supporting a consistent job market for qualified professionals.
2024 Market Data

Salary Overview

$98,390

The average Business Teachers, Postsecondary in Delaware earns-9.7%below the national average.

BreakdownBased on 40h/week
Hourly

$47.3

Weekly

$1,892

Monthly

$8,199

Business Teachers, Postsecondary Salary Distribution in Delaware

Salary progression for Business Teachers, Postsecondary in Delaware typically correlates with experience. Entry-level positions may start at the lower percentiles, while seasoned professionals with extensive teaching experience and advanced degrees can command salaries in the upper percentiles. The gap between these salary ranges signifies clear career advancement opportunities within the state's educational institutions.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$46,850$22.5
Tenured / ProProfessional status. Curriculum development.25% (Junior)$73,793$35.5
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$80,820$38.9
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$122,988$59.1
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$173,860$83.6

Detailed Business Teachers, Postsecondary Market Analysis

Relocation Context

Nominal Salary

$98,390

Gross Pay

Real Wage (Purchasing Power)

$97,609

Adjusted for COL (100.8)

The average annual salary of $98,390 in Delaware aligns closely with the state's Cost of Living Index of 100.8, which is just slightly above the national average. This means that the purchasing power of a Business Teacher's salary in Delaware is quite comparable to the national standard, offering a relatively stable financial environment for residents.

Job Market Context

300

Total Jobs

0.636

Per 1K Jobs

1.2

Location Quotient

Above Average

With a location quotient of 1.20, Delaware has a slightly higher-than-average concentration of Business Teachers, Postsecondary roles compared to the national norm.

A Location Quotient of 1.2 for Business Teachers, Postsecondary in Delaware signifies that this profession is more concentrated in the state than the national average. This suggests a moderately competitive market where employers may have a slightly larger pool of local talent to draw from, potentially influencing hiring dynamics and salary negotiations.

Nearby Job Markets

Nearby Cities for Business Teachers, Postsecondary

Comparing salaries near Delaware

Hiring Business Teachers, Postsecondarys?

Frequently Asked Questions

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

The median annual salary for a Business Teachers, Postsecondary in Delaware is $98,390. This typically ranges from $46,850 for entry-level positions to $173,860 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Delaware is 9.7% lower than the national median of $108,950.

Is Delaware a lucrative place for Business Teachers, Postsecondarys?

Moderately so, with compensation slightly below the national average but a cost of living that is also near the national average.While the average salary of $98,390 is less than the national average, the cost of living in Delaware is very close to the national average. This indicates that the effective purchasing power of a Business Teacher's salary remains relatively stable within the state.

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

The Cost of Living Index in Delaware is 100.8. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Delaware?

Some top paying nearby cities include Dover, DE ($104,590) and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.

How does Delaware's salary for Business Teachers compare to the national average?

Business Teachers, Postsecondary in Delaware earn an average of $98,390 annually, which is approximately $10,560 less than the national average of $108,950.

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

Delaware has a Location Quotient of 1.2 for Business Teachers, Postsecondary, indicating that this profession is 20% more concentrated in the state compared to the national average.

How does the cost of living in Delaware affect salary perception?

With a Cost of Living Index of 100.8, Delaware's cost of living is only slightly higher than the national average. This means the $98,390 salary retains a good portion of its purchasing power.

What does the total local workforce size imply for job seekers?

A local workforce of 300 Business Teachers, Postsecondary suggests a niche market. While not a massive sector, the concentration quotient indicates it's a stable area for those with the specialized skills required.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Delaware area with a job density of 0.636 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.