Average Business Teachers, Postsecondary Salary in Ohio
Business Teachers, Postsecondary in Ohio earn an average annual salary of $90,740, which is notably below the national average of $108,950. This differential is often influenced by regional economic factors, the specific demand within Ohio's educational institutions, and the overall cost of living in the state.
Executive Summary
- Average Salary: $90,740 per year.
- Growth Trend: Salaries have shifted 7.5% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $168,630.
- Outlook: Ohio's market for Business Teachers, Postsecondary appears robust, evidenced by a total local workforce of 3,670 individuals. The Location Quotient of 1.25 suggests a higher concentration of these professionals in Ohio compared to the national average, indicating a stable and potentially growing demand for their expertise within the state's educational landscape.
Salary Overview
The average Business Teachers, Postsecondary in Ohio earns-16.7%below the national average.
$43.6
$1,745
$7,562
Business Teachers, Postsecondary Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Business Teachers, Postsecondary in Ohio have experienced a steady upward trend over the past four years, mirroring national patterns of salary growth driven by inflation, increased demand for specialized business education, and evolving curriculum requirements.
Business Teachers, Postsecondary Salary Distribution in Ohio
Career progression for Business Teachers, Postsecondary in Ohio typically correlates with experience, leading to significant salary increases. Entry-level positions might start closer to the lower percentiles, while senior educators with extensive experience and specialized knowledge can command salaries in the upper percentiles, reflecting their value and contribution to academic programs.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ProbationaryInitial licensure. Mentored by senior faculty. | 10% (Entry) | $35,770 | $17.2 |
| Tenured / ProProfessional status. Curriculum development. | 25% (Junior) | $68,055 | $32.7 |
| Senior EducatorDepartment chair. Mentors student teachers. | 50% (Median) | $76,680 | $36.9 |
| Lead SpecialistInstructional coach, reading specialist, or VP. | 75% (Senior) | $113,425 | $54.5 |
| AdministratorPrincipal, District Admin, or Consultant. | 90% (Expert) | $168,630 | $81.1 |
Detailed Business Teachers, Postsecondary Market Analysis
Relocation Context
Nominal Salary
$90,740
Gross Pay
Real Wage (Purchasing Power)
$99,934
Adjusted for COL (90.8)
The nominal average salary of $90,740 in Ohio presents a favorable financial picture when considering the local Cost of Living Index of 90.8. This index, being below the national average of 100, means that the purchasing power of an Ohio-based Business Teacher's salary is effectively higher than the raw number might suggest, allowing for a comfortable lifestyle.
Job Market Context
3,670
Total Jobs
0.664
Per 1K Jobs
1.25
Location Quotient
With a location quotient of 1.25, Ohio has a slightly higher-than-average concentration of Business Teachers, Postsecondary roles compared to the national norm.
With a Location Quotient of 1.25, Ohio demonstrates a concentration of Business Teachers, Postsecondary that is 25% higher than the national average. This suggests a competitive yet well-established market, where opportunities are relatively abundant, and institutions actively seek qualified educators in this field.
Nearby Job Markets
Nearby Cities for Business Teachers, Postsecondary
| City | Salary | Dist. |
|---|---|---|
| Columbus, OH Business Teachers, Postsecondary Salary | $92,760↑ 2% | 32 mi |
Comparing salaries near Ohio
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Frequently Asked Questions
How much does a Business Teachers, Postsecondary make in Ohio?
The median annual salary for a Business Teachers, Postsecondary in Ohio is $90,740. This typically ranges from $35,770 for entry-level positions to $168,630 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Ohio is 16.7% lower than the national median of $108,950.
Is Ohio a lucrative place for Business Teachers, Postsecondarys?
Yes, with a caveat regarding the national average.Ohio offers a competitive average salary of $90,740, which is enhanced by a cost of living below the national average. While below the national salary benchmark, the lower cost of living provides strong purchasing power.
Is Ohio a good place to live for Business Teachers, Postsecondarys?
With a Cost of Living Index of 90.8 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Ohio?
Some top paying nearby cities include Columbus, OH ($92,760) and others.
How does Ohio's average salary compare to the national average for Business Teachers, Postsecondary?
The average annual salary for Business Teachers, Postsecondary in Ohio is $90,740, which is lower than the national average of $108,950.
What is the concentration of Business Teachers, Postsecondary in Ohio?
Ohio has a Location Quotient of 1.25 for Business Teachers, Postsecondary, indicating a concentration that is 25% higher than the national average.
How does the cost of living in Ohio affect salary perception?
Ohio's Cost of Living Index is 90.8, meaning it is cheaper than the national average. This makes the $90,740 salary more valuable in terms of purchasing power.
What does the number of Business Teachers, Postsecondary in Ohio suggest about the job market?
With 3,670 Business Teachers, Postsecondary in Ohio, the workforce size indicates a substantial presence and likely consistent demand for these professionals within the state's educational sector.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,670 employees in the Ohio area with a job density of 0.664 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 Ohio