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Average Business Teachers, Postsecondary Salary in North Dakota

Business Teachers, Postsecondary professionals in North Dakota command an impressive average annual salary of $118,720, surpassing the national average of $108,950. This elevated compensation is likely influenced by the specialized nature of postsecondary education and potentially regional demand for business expertise within North Dakota's academic institutions.

Executive Summary

  • Average Salary: $118,720 per year.
  • Growth Trend: Salaries have shifted 19.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $211,960.
  • Outlook: With a total local workforce of 210 and a Location Quotient of 0.95, the market for Business Teachers, Postsecondary in North Dakota indicates a stable, albeit not exceptionally concentrated, demand. The presence of 0.506 jobs per 1,000 workers suggests a consistent need for these educators within the state's educational landscape.
2024 Market Data

Salary Overview

$118,720

The average Business Teachers, Postsecondary in North Dakota earns+9.0%above the national average.

BreakdownBased on 40h/week
Hourly

$57.1

Weekly

$2,283

Monthly

$9,893

Business Teachers, Postsecondary Salary Distribution in North Dakota

Salary progression for Business Teachers, Postsecondary typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned educators with extensive teaching experience and advanced degrees can command salaries in the upper percentiles, reflecting a substantial career growth trajectory.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$54,660$26.3
Tenured / ProProfessional status. Curriculum development.25% (Junior)$89,040$42.8
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$108,700$52.3
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$148,400$71.3
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$211,960$101.9

Detailed Business Teachers, Postsecondary Market Analysis

Relocation Context

Nominal Salary

$118,720

Gross Pay

Real Wage (Purchasing Power)

$126,164

Adjusted for COL (94.1)

The nominal average salary of $118,720 in North Dakota presents a strong purchasing power, especially when considered against the local Cost of Living Index of 94.1. This index is below the national average of 100, suggesting that the higher-than-average salary translates to a favorable real income for these professionals.

Job Market Context

210

Total Jobs

0.506

Per 1K Jobs

0.95

Location Quotient

Below Average

North Dakota has 0.95x 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 0.95 indicates that North Dakota has a job market for Business Teachers, Postsecondary that is very close to the national average in terms of concentration. This suggests a balanced market where the number of professionals aligns reasonably well with the number of available positions, implying moderate competition.

Nearby Job Markets

Hiring Business Teachers, Postsecondarys?

Frequently Asked Questions

How much does a Business Teachers, Postsecondary make in North Dakota?

The median annual salary for a Business Teachers, Postsecondary in North Dakota is $118,720. This typically ranges from $54,660 for entry-level positions to $211,960 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in North Dakota is 9.0% higher than the national median of $108,950.

Is North Dakota a lucrative place for Business Teachers, Postsecondarys?

Yes, North Dakota offers a lucrative environment for Business Teachers, Postsecondary.The average annual salary of $118,720 significantly exceeds the national average, and the cost of living is below the national average, enhancing real income.

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

With a Cost of Living Index of 94.1 (lower than the national average of 100), your salary goes further here.

How does the North Dakota salary compare to the national average?

Business Teachers, Postsecondary in North Dakota earn an average of $118,720 annually, which is higher than the national average of $108,950.

What is the concentration of Business Teachers, Postsecondary in North Dakota?

The concentration, measured by the Location Quotient, is 0.95, indicating that the proportion of these teachers in North Dakota is slightly below the national average.

How does the cost of living affect the salary in North Dakota?

With a Cost of Living Index of 94.1, North Dakota is more affordable than the national average, making the $118,720 salary provide greater purchasing power.

What does the job market look like for this role in North Dakota?

The market is stable with 0.506 jobs per 1,000 workers, suggesting consistent demand within the state's educational institutions.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the North Dakota area with a job density of 0.506 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Business Teachers, Postsecondary • Data source: BLS OEWS 2024 •Jobs in North Dakota