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Average Business Teachers, Postsecondary Salary in Mankato, MN

Yes, Mankato, MN is a highly lucrative market for Business Teachers, Postsecondarys. With an average annual salary of $123,190, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $123,190 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $212,100.
  • Outlook: This role remains a specialized component of the broader Mankato, MN economy.
2024 Market Data

Salary Overview

$123,190

The average Business Teachers, Postsecondary in Mankato, MN earns+13.1%above the national average.

BreakdownBased on 40h/week
Hourly

$59.2

Weekly

$2,369

Monthly

$10,266

Business Teachers, Postsecondary Salary Distribution in Mankato, MN

The earning potential for Business Teachers, Postsecondarys in Mankato, MN varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.4x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $48,560, while highly experienced professionals can command wages upwards of $212,100.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$48,560$23.3
Tenured / ProProfessional status. Curriculum development.25% (Junior)$92,393$44.4
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$96,500$46.4
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$153,988$74
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$212,100$102

Detailed Business Teachers, Postsecondary Market Analysis

Relocation Context

Nominal Salary

$123,190

Gross Pay

Real Wage (Purchasing Power)

$123,190

Adjusted for COL (100)

In Mankato, MN, the Cost of Living Index is 100. This increases your effective purchasing power from $123,190 to $123,190.

Nearby Job Markets

Nearby Cities for Business Teachers, Postsecondary

Comparing salaries near Mankato, MN

Hiring Business Teachers, Postsecondarys?

Frequently Asked Questions

How much does a Business Teachers, Postsecondary make in Mankato, MN?

The median annual salary for a Business Teachers, Postsecondary in Mankato, MN is $123,190. This typically ranges from $48,560 for entry-level positions to $212,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Mankato, MN is 13.1% higher than the national median of $108,950.

Is Mankato, MN a good place for Business Teachers, Postsecondarys?

Yes, Mankato, MN is financially attractive for Business Teachers, Postsecondarys. The average salary of $123,190 exceeds the national average. See distinct detailed breakdown below.

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

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

Where are the highest paying cities near Mankato, MN?

Some top paying nearby cities include Minneapolis-St. Paul-Bloomington, MN-WI ($123,810) and St. Cloud, MN.

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