Average Business Teachers, Postsecondary Salary in North Carolina
Business Teachers, Postsecondary professionals in North Carolina earn an average annual salary of $101,140. This figure is slightly below the national average of $108,950, indicating a localized compensation structure influenced by regional economic factors and the specific demand within the state's educational institutions.
Executive Summary
- Average Salary: $101,140 per year.
- Growth Trend: Salaries have shifted 9.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $179,820.
- Outlook: With a local workforce of 2,790 Business Teachers, Postsecondary, North Carolina demonstrates a stable presence in this field. The Location Quotient of 1.07 suggests a concentration of these roles slightly above the national average, implying a healthy and consistent demand for educators specializing in business disciplines within the state.
Salary Overview
The average Business Teachers, Postsecondary in North Carolina earns-7.2%below the national average.
$48.6
$1,945
$8,428
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 North Carolina have experienced steady growth over the past four years, mirroring national trends of increasing compensation for specialized academic roles. This upward trajectory is likely driven by evolving curriculum demands and the need for qualified faculty.
Business Teachers, Postsecondary Salary Distribution in North Carolina
Salary progression for Business Teachers, Postsecondary typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive teaching experience and advanced degrees can command salaries in the higher percentiles. The variance in earnings across different experience levels signifies clear career advancement opportunities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ProbationaryInitial licensure. Mentored by senior faculty. | 10% (Entry) | $46,470 | $22.3 |
| Tenured / ProProfessional status. Curriculum development. | 25% (Junior) | $75,855 | $36.5 |
| Senior EducatorDepartment chair. Mentors student teachers. | 50% (Median) | $78,860 | $37.9 |
| Lead SpecialistInstructional coach, reading specialist, or VP. | 75% (Senior) | $126,425 | $60.8 |
| AdministratorPrincipal, District Admin, or Consultant. | 90% (Expert) | $179,820 | $86.5 |
Detailed Business Teachers, Postsecondary Market Analysis
Relocation Context
Nominal Salary
$101,140
Gross Pay
Real Wage (Purchasing Power)
$106,575
Adjusted for COL (94.9)
The average annual salary of $101,140 in North Carolina presents a favorable financial standing when considered against the state's Cost of Living Index of 94.9. This index, being below the national average of 100, suggests that the nominal salary offers a strong purchasing power, making North Carolina an economically attractive location for these professionals.
Job Market Context
2,790
Total Jobs
0.569
Per 1K Jobs
1.07
Location Quotient
With a location quotient of 1.07, North Carolina has a slightly higher-than-average concentration of Business Teachers, Postsecondary roles compared to the national norm.
North Carolina's Location Quotient of 1.07 for Business Teachers, Postsecondary indicates a job market that is slightly more concentrated than the national average. This suggests a competitive yet accessible environment, where the demand for these specialized educators is robust enough to support a workforce slightly larger than what would be expected nationally.
Nearby Job Markets
Nearby Cities for Business Teachers, Postsecondary
| City | Salary | Dist. |
|---|---|---|
| Greensboro-High Point, NC Business Teachers, Postsecondary Salary | $89,610↓ 11% | 32 mi |
| Winston-Salem, NC Business Teachers, Postsecondary Salary | $88,730↓ 12% | 41 mi |
| Durham-Chapel Hill, NC Business Teachers, Postsecondary Salary | $147,560↑ 46% | 56 mi |
Comparing salaries near North Carolina
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Frequently Asked Questions
How much does a Business Teachers, Postsecondary make in North Carolina?
The median annual salary for a Business Teachers, Postsecondary in North Carolina is $101,140. This typically ranges from $46,470 for entry-level positions to $179,820 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Carolina is 7.2% lower than the national median of $108,950.
Is North Carolina a lucrative place for Business Teachers, Postsecondarys?
Yes, North Carolina offers a competitive compensation landscape for Business Teachers, Postsecondary.The average salary of $101,140, coupled with a cost of living below the national average, provides strong purchasing power. Furthermore, a Location Quotient slightly above 1.0 suggests a healthy demand for these professionals.
Is North Carolina a good place to live for Business Teachers, Postsecondarys?
With a Cost of Living Index of 94.9 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near North Carolina?
Some top paying nearby cities include Greensboro-High Point, NC ($89,610) and Winston-Salem, NC.
How does the North Carolina salary compare to the national average?
The average annual salary for Business Teachers, Postsecondary in North Carolina is $101,140, which is slightly lower than the national average of $108,950.
What is the concentration of Business Teachers, Postsecondary in North Carolina?
North Carolina has a Location Quotient of 1.07 for Business Teachers, Postsecondary, indicating a concentration slightly above the national average.
How does the cost of living affect the salary in North Carolina?
With a Cost of Living Index of 94.9, North Carolina's lower cost of living enhances the purchasing power of the $101,140 average salary, making it financially advantageous.
What does the total workforce number signify?
The total local workforce of 2,790 Business Teachers, Postsecondary suggests a substantial and established presence of this profession within North Carolina.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,790 employees in the North Carolina area with a job density of 0.569 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 North Carolina