Average Business Teachers, Postsecondary Salary in Kentucky
Business Teachers, Postsecondary in Kentucky earn an average annual salary of $93,800. This figure is notably below the national average of $108,950, suggesting that regional economic factors and the specific demand within the state influence compensation levels for this specialized teaching role.
Executive Summary
- Average Salary: $93,800 per year.
- Growth Trend: Salaries have shifted 6.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $167,170.
- Outlook: With a total local workforce of 790 Business Teachers, Postsecondary, Kentucky presents a moderately sized, yet concentrated, employment landscape. The Location Quotient of 0.75 indicates a slightly lower concentration compared to the national average, suggesting that while the profession is established, it may not be as pervasive as in other regions, potentially impacting job availability and growth dynamics.
Salary Overview
The average Business Teachers, Postsecondary in Kentucky earns-13.9%below the national average.
$45.1
$1,804
$7,817
Business Teachers, Postsecondary Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Business Teachers, Postsecondary in Kentucky have experienced steady growth over the past four years, mirroring national trends of increasing compensation driven by inflation, demand for specialized skills, and evolving educational requirements.
Business Teachers, Postsecondary Salary Distribution in Kentucky
Salary progression for Business Teachers, Postsecondary in Kentucky typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with advanced degrees and extensive teaching or industry experience can command salaries in the higher percentiles, reflecting a clear career ladder within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ProbationaryInitial licensure. Mentored by senior faculty. | 10% (Entry) | $38,500 | $18.5 |
| Tenured / ProProfessional status. Curriculum development. | 25% (Junior) | $70,350 | $33.8 |
| Senior EducatorDepartment chair. Mentors student teachers. | 50% (Median) | $79,330 | $38.1 |
| Lead SpecialistInstructional coach, reading specialist, or VP. | 75% (Senior) | $117,250 | $56.4 |
| AdministratorPrincipal, District Admin, or Consultant. | 90% (Expert) | $167,170 | $80.4 |
Detailed Business Teachers, Postsecondary Market Analysis
Relocation Context
Nominal Salary
$93,800
Gross Pay
Real Wage (Purchasing Power)
$104,454
Adjusted for COL (89.8)
The average annual salary of $93,800 in Kentucky, when considered against a Cost of Living Index of 89.8 (meaning it's 10.2% cheaper than the national average), suggests that the nominal salary offers a relatively strong purchasing power for residents. This lower cost of living can help offset the difference when compared to higher-paying states with a significantly higher cost of living.
Job Market Context
790
Total Jobs
0.398
Per 1K Jobs
0.75
Location Quotient
Kentucky has 0.75x the national average concentration of Business Teachers, Postsecondary jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.75 for Business Teachers, Postsecondary in Kentucky signifies that the profession is less concentrated than the national average. This implies a potentially less saturated job market, which could offer unique opportunities for skilled educators, though it also suggests a smaller overall demand compared to national benchmarks.
Nearby Job Markets
Nearby Cities for Business Teachers, Postsecondary
| City | Salary | Dist. |
|---|---|---|
| Lexington-Fayette, KY Business Teachers, Postsecondary Salary | $110,470↑ 18% | 28 mi |
| Louisville/Jefferson County, KY-IN Business Teachers, Postsecondary Salary | $100,570↑ 7% | 72 mi |
| Cincinnati, OH-KY-IN Business Teachers, Postsecondary Salary | $92,090↓ 2% | 100 mi |
Comparing salaries near Kentucky
Hiring Business Teachers, Postsecondarys?
Frequently Asked Questions
How much does a Business Teachers, Postsecondary make in Kentucky?
The median annual salary for a Business Teachers, Postsecondary in Kentucky is $93,800. This typically ranges from $38,500 for entry-level positions to $167,170 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kentucky is 13.9% lower than the national median of $108,950.
Is Kentucky a lucrative place for Business Teachers, Postsecondarys?
No, not compared to the national average.While the average salary is $93,800, it falls below the national average of $108,950. However, the lower cost of living in Kentucky may provide a comparable or even better standard of living for some.
Is Kentucky a good place to live for Business Teachers, Postsecondarys?
With a Cost of Living Index of 89.8 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Kentucky?
Some top paying nearby cities include Lexington-Fayette, KY ($110,470) and Louisville/Jefferson County, KY-IN.
What is the average salary for a Business Teacher, Postsecondary in Kentucky?
The average annual salary for a Business Teacher, Postsecondary in Kentucky is $93,800.
How does Kentucky's average salary compare to the national average?
Kentucky's average salary of $93,800 is lower than the national average of $108,950 for Business Teachers, Postsecondary.
What is the Cost of Living Index in Kentucky?
The Cost of Living Index in Kentucky is 89.8, which is below the national average of 100, indicating a more affordable living environment.
How concentrated is the job market for Business Teachers, Postsecondary in Kentucky?
The job market is less concentrated than the national average, with a Location Quotient of 0.75, suggesting fewer professionals in this role relative to the overall workforce compared to the national ratio.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 790 employees in the Kentucky area with a job density of 0.398 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 Kentucky