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Average Business Teachers, Postsecondary Salary in Lexington-Fayette, KY

The average salary for a Business Teachers, Postsecondary in Lexington-Fayette, KY is $110,470. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Lexington-Fayette, KY is a key hub for this profession, with a job concentration 1.27x higher than average.

Executive Summary

  • Average Salary: $110,470 per year.
  • Growth Trend: Salaries have shifted 60.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $218,700.
  • Outlook: The current demand for Business Teachers, Postsecondarys is stable, with a local workforce of approximately 190 professionals. This role remains a specialized component of the broader Lexington-Fayette, KY economy.
2024 Market Data

Salary Overview

$110,470

The average Business Teachers, Postsecondary in Lexington-Fayette, KY earns+1.4%above the national average.

BreakdownBased on 40h/week
Hourly

$53.1

Weekly

$2,124

Monthly

$9,206

Business Teachers, Postsecondary Salary Distribution in Lexington-Fayette, KY

The earning potential for Business Teachers, Postsecondarys in Lexington-Fayette, KY varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 5.7x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $38,500, while highly experienced professionals can command wages upwards of $218,700.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$38,500$18.5
Tenured / ProProfessional status. Curriculum development.25% (Junior)$82,853$39.8
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$102,130$49.1
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$138,088$66.4
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$218,700$105.1

Detailed Business Teachers, Postsecondary Market Analysis

Relocation Context

Nominal Salary

$110,470

Gross Pay

Real Wage (Purchasing Power)

$110,470

Adjusted for COL (100)

In Lexington-Fayette, KY, the Cost of Living Index is 100. This increases your effective purchasing power from $110,470 to $110,470.

Job Market Context

190

Total Jobs

0.675

Per 1K Jobs

1.27

Location Quotient

Above Average

With a location quotient of 1.27, Lexington-Fayette, KY has a slightly higher-than-average concentration of Business Teachers, Postsecondary roles compared to the national norm.

190 people work as Business Teachers, Postsecondary in Lexington-Fayette, KY.

Only 0.675 out of every 1,000 local jobs are Business Teachers, Postsecondary roles — this is a niche profession in the area.

Nearby Job Markets

Hiring Business Teachers, Postsecondarys?

Frequently Asked Questions

How much does a Business Teachers, Postsecondary make in Lexington-Fayette, KY?

The median annual salary for a Business Teachers, Postsecondary in Lexington-Fayette, KY is $110,470. This typically ranges from $38,500 for entry-level positions to $218,700 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lexington-Fayette, KY is 1.4% higher than the national median of $108,950.

Is Lexington-Fayette, KY a good place for Business Teachers, Postsecondarys?

Yes, Lexington-Fayette, KY is an excellent location for Business Teachers, Postsecondarys. It offers both higher-than-average salaries ($110,470) and a high concentration of job opportunities. See distinct detailed breakdown below.

Is Lexington-Fayette, KY a good place to live for Business Teachers, Postsecondarys?

The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lexington-Fayette, KY?

Some top paying nearby cities include Central Kentucky nonmetropolitan area ($96,910) and South Central Kentucky nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 190 employees in the Lexington-Fayette, KY area with a job density of 0.675 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.