Average Business Teachers, Postsecondary Salary in Providence-Warwick, RI-MA
Business Teachers, Postsecondary in Providence-Warwick, RI-MA earn an impressive average annual salary of $125,760, significantly surpassing the national average of $108,950. This elevated compensation is likely driven by the specialized demand within the region's educational institutions and a potentially higher cost of doing business for academic employers.
Executive Summary
- Average Salary: $125,760 per year.
- Growth Trend: Salaries have shifted 3.2% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $222,220.
- Outlook: With a local workforce of 480 Business Teachers, Postsecondary, Providence-Warwick exhibits a notable concentration of these professionals, as indicated by a Location Quotient of 1.28. This suggests a robust demand and a specialized market for educators in this field within the area, pointing towards a stable job outlook.
Salary Overview
The average Business Teachers, Postsecondary in Providence-Warwick, RI-MA earns+15.4%above the national average.
$60.5
$2,418
$10,480
Business Teachers, Postsecondary Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Business Teachers, Postsecondary in Providence-Warwick have experienced consistent growth over the past four years, mirroring national trends in higher education compensation and reflecting the increasing value placed on specialized business instruction.
Business Teachers, Postsecondary Salary Distribution in Providence-Warwick, RI-MA
Career progression for Business Teachers, Postsecondary in Providence-Warwick, RI-MA typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, but as educators gain years of experience and advance to senior or specialized roles, their earning potential escalates, with senior positions commanding salaries well above the average.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ProbationaryInitial licensure. Mentored by senior faculty. | 10% (Entry) | $61,590 | $29.6 |
| Tenured / ProProfessional status. Curriculum development. | 25% (Junior) | $94,320 | $45.3 |
| Senior EducatorDepartment chair. Mentors student teachers. | 50% (Median) | $100,690 | $48.4 |
| Lead SpecialistInstructional coach, reading specialist, or VP. | 75% (Senior) | $157,200 | $75.6 |
| AdministratorPrincipal, District Admin, or Consultant. | 90% (Expert) | $222,220 | $106.8 |
Detailed Business Teachers, Postsecondary Market Analysis
Relocation Context
Nominal Salary
$125,760
Gross Pay
Real Wage (Purchasing Power)
$125,760
Adjusted for COL (100)
The average annual salary of $125,760 in Providence-Warwick, RI-MA aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Business Teacher's salary in this area is equivalent to the national standard, offering a stable financial environment without significant strain from living expenses.
Job Market Context
480
Total Jobs
0.678
Per 1K Jobs
1.28
Location Quotient
With a location quotient of 1.28, Providence-Warwick, RI-MA has a slightly higher-than-average concentration of Business Teachers, Postsecondary roles compared to the national norm.
A Location Quotient of 1.28 indicates that Providence-Warwick, RI-MA has a higher concentration of Business Teachers, Postsecondary than the national average. This suggests a competitive yet specialized job market, where demand is strong enough to support a greater proportion of these roles compared to other professions nationwide.
Nearby Job Markets
Nearby Cities for Business Teachers, Postsecondary
| City | Salary | Dist. |
|---|---|---|
| Worcester, MA Business Teachers, Postsecondary Salary | $97,230↓ 23% | 37 mi |
| Boston-Cambridge-Newton, MA-NH Business Teachers, Postsecondary Salary | $120,890↓ 4% | 38 mi |
| Norwich-New London-Willimantic, CT Business Teachers, Postsecondary Salary | $103,140↓ 18% | 39 mi |
Comparing salaries near Providence-Warwick, RI-MA
Hiring Business Teachers, Postsecondarys?
Frequently Asked Questions
How much does a Business Teachers, Postsecondary make in Providence-Warwick, RI-MA?
The median annual salary for a Business Teachers, Postsecondary in Providence-Warwick, RI-MA is $125,760. This typically ranges from $61,590 for entry-level positions to $222,220 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Providence-Warwick, RI-MA is 15.4% higher than the national median of $108,950.
Is Providence-Warwick, RI-MA a lucrative place for Business Teachers, Postsecondarys?
Yes, it is a lucrative location for Business Teachers, Postsecondary.The average salary of $125,760 significantly exceeds the national average, and the cost of living is at the national benchmark, indicating strong earning potential.
Is Providence-Warwick, RI-MA a good place to live for Business Teachers, Postsecondarys?
The Cost of Living Index in Providence-Warwick, RI-MA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Providence-Warwick, RI-MA?
Some top paying nearby cities include Worcester, MA ($97,230) and Boston-Cambridge-Newton, MA-NH.
How does the Providence-Warwick salary compare to the national average?
The average annual salary for Business Teachers, Postsecondary in Providence-Warwick is $125,760, which is notably higher than the national average of $108,950.
What does the Location Quotient of 1.28 mean for job seekers?
A Location Quotient of 1.28 signifies a higher concentration of Business Teachers, Postsecondary in Providence-Warwick compared to the national average, suggesting a potentially robust and specialized job market.
Is the cost of living a concern for Business Teachers in Providence-Warwick?
No, the cost of living index is 100, which is the national average. This means the higher salary offers standard purchasing power locally.
How many Business Teachers, Postsecondary are employed in Providence-Warwick?
There are approximately 480 Business Teachers, Postsecondary employed within the Providence-Warwick, RI-MA metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 480 employees in the Providence-Warwick, RI-MA area with a job density of 0.678 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 Providence-Warwick, RI-MA