Average Business Teachers, Postsecondary Salary in Rhode Island
Business Teachers, Postsecondary in Rhode Island command an impressive average annual salary of $129,010, significantly exceeding the national average of $108,950. This elevated compensation is often driven by the specialized nature of postsecondary education and the demand for skilled instructors within the state's academic institutions.
Executive Summary
- Average Salary: $129,010 per year.
- Growth Trend: Salaries have shifted 2.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $222,820.
- Outlook: With a local workforce of 360 Business Teachers, Postsecondary, Rhode Island demonstrates a concentrated demand for this profession. The Location Quotient of 1.38 indicates that this role is more prevalent in Rhode Island than the national average, suggesting a robust and potentially growing job market for these educators.
Salary Overview
The average Business Teachers, Postsecondary in Rhode Island earns+18.4%above the national average.
$62
$2,481
$10,751
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 Rhode Island have experienced steady growth over the past four years, mirroring national trends of increasing compensation for specialized academic roles. This upward trajectory is likely influenced by inflation, evolving curriculum demands, and the ongoing need for qualified faculty.
Business Teachers, Postsecondary Salary Distribution in Rhode Island
Salary progression for Business Teachers, Postsecondary in Rhode Island typically scales with experience. Entry-level positions will naturally fall at the lower end of the pay scale, while seasoned professionals with extensive teaching experience, research, and industry connections can command significantly higher salaries, often found in the upper percentiles.
| 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) | $96,758 | $46.5 |
| Senior EducatorDepartment chair. Mentors student teachers. | 50% (Median) | $100,370 | $48.3 |
| Lead SpecialistInstructional coach, reading specialist, or VP. | 75% (Senior) | $161,263 | $77.5 |
| AdministratorPrincipal, District Admin, or Consultant. | 90% (Expert) | $222,820 | $107.1 |
Detailed Business Teachers, Postsecondary Market Analysis
Relocation Context
Nominal Salary
$129,010
Gross Pay
Real Wage (Purchasing Power)
$115,187
Adjusted for COL (112)
The average annual salary of $129,010 in Rhode Island presents a strong nominal income. However, with a Cost of Living Index of 112, which is 12% above the national average, the purchasing power of this salary is slightly tempered. While still substantial, individuals relocating should factor in the higher local expenses for housing, goods, and services.
Job Market Context
360
Total Jobs
0.731
Per 1K Jobs
1.38
Location Quotient
With a location quotient of 1.38, Rhode Island has a slightly higher-than-average concentration of Business Teachers, Postsecondary roles compared to the national norm.
Rhode Island's Location Quotient of 1.38 for Business Teachers, Postsecondary signifies a higher concentration of these roles compared to the national average. This suggests a competitive yet potentially abundant market, where employers may actively seek specialized talent, and educators have a favorable environment for finding relevant positions.
Nearby Job Markets
Nearby Cities for Business Teachers, Postsecondary
| City | Salary | Dist. |
|---|---|---|
| Providence-Warwick, RI-MA Business Teachers, Postsecondary Salary | $125,760↓ 3% | 11 mi |
| Norwich-New London-Willimantic, CT Business Teachers, Postsecondary Salary | $103,140↓ 20% | 31 mi |
| Worcester, MA Business Teachers, Postsecondary Salary | $97,230↓ 25% | 43 mi |
| Boston-Cambridge-Newton, MA-NH Business Teachers, Postsecondary Salary | $120,890↓ 6% | 49 mi |
Comparing salaries near Rhode Island
Hiring Business Teachers, Postsecondarys?
Frequently Asked Questions
How much does a Business Teachers, Postsecondary make in Rhode Island?
The median annual salary for a Business Teachers, Postsecondary in Rhode Island is $129,010. This typically ranges from $61,590 for entry-level positions to $222,820 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rhode Island is 18.4% higher than the national median of $108,950.
Is Rhode Island a lucrative place for Business Teachers, Postsecondarys?
Yes, Rhode Island offers a lucrative environment for Business Teachers, Postsecondary.The average salary significantly surpasses the national average, and the higher concentration of these roles indicates strong local demand.
Is Rhode Island a good place to live for Business Teachers, Postsecondarys?
The Cost of Living Index in Rhode Island is 112. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rhode Island?
Some top paying nearby cities include Providence-Warwick, RI-MA ($125,760) and Norwich-New London-Willimantic, CT.
How does Rhode Island's salary compare to the national average?
Business Teachers, Postsecondary in Rhode Island earn an average of $129,010 annually, which is approximately $20,000 more than the national average of $108,950.
What does the Location Quotient of 1.38 mean?
A Location Quotient of 1.38 indicates that Business Teachers, Postsecondary are 38% more concentrated in Rhode Island than in the average U.S. state, suggesting a higher demand or prevalence of this profession locally.
How does the cost of living affect the salary in Rhode Island?
Rhode Island's Cost of Living Index is 112, meaning it is 12% more expensive than the national average. This higher cost of living slightly reduces the real purchasing power of the $129,010 average salary compared to a lower cost-of-living area.
What is the total number of Business Teachers, Postsecondary in Rhode Island?
There are approximately 360 Business Teachers, Postsecondary employed in Rhode Island, representing 0.731 jobs per 1,000 workers in the state.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Rhode Island area with a job density of 0.731 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 Rhode Island