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Average Business Teachers, Postsecondary Salary in Utah

Business Teachers, Postsecondary in Utah command an impressive average annual salary of $136,880, significantly surpassing the national average of $108,950. This elevated compensation is likely driven by Utah's specific economic landscape and the demand for specialized business education within its academic institutions.

Executive Summary

  • Average Salary: $136,880 per year.
  • Growth Trend: Salaries have shifted 33.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $227,730.
  • Outlook: With a local workforce of 430 Business Teachers, Postsecondary, Utah presents a niche but stable employment environment. The Location Quotient of 0.48 indicates a lower concentration compared to the national average, suggesting that while the absolute number of positions is moderate, the demand might be specialized or less saturated than in other regions.
2024 Market Data

Salary Overview

$136,880

The average Business Teachers, Postsecondary in Utah earns+25.6%above the national average.

BreakdownBased on 40h/week
Hourly

$65.8

Weekly

$2,632

Monthly

$11,407

Business Teachers, Postsecondary Salary Distribution in Utah

Salary progression for Business Teachers, Postsecondary in Utah, as elsewhere, is typically tied to experience and expertise. Entry-level positions will naturally fall at the lower end of the compensation spectrum, while seasoned educators with advanced degrees, extensive research, or significant industry experience can command salaries well into the upper percentiles, reflecting their value and contribution to academic programs.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$51,140$24.6
Tenured / ProProfessional status. Curriculum development.25% (Junior)$102,660$49.4
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$124,620$59.9
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$171,100$82.3
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$227,730$109.5

Detailed Business Teachers, Postsecondary Market Analysis

Relocation Context

Nominal Salary

$136,880

Gross Pay

Real Wage (Purchasing Power)

$130,986

Adjusted for COL (104.5)

The average annual salary of $136,880 in Utah offers a strong purchasing power, especially when considered against the state's Cost of Living Index of 104.5. This index is only slightly above the national average (100), suggesting that while Utah is not exceptionally inexpensive, the higher salaries for this profession likely allow for a comfortable standard of living relative to the cost of goods and services.

Job Market Context

430

Total Jobs

0.252

Per 1K Jobs

0.48

Location Quotient

Low Concentration

At 0.48x, Utah has a notably lower concentration of Business Teachers, Postsecondary jobs than the national average. Opportunities in this area are relatively scarce for this profession.

A Location Quotient of 0.48 for Business Teachers, Postsecondary in Utah signifies that this profession is less concentrated in the state compared to the national average. This could imply fewer job openings relative to the size of the national market, but it also suggests a potentially less competitive environment for qualified candidates seeking positions in this specialized field.

Nearby Job Markets

Nearby Cities for Business Teachers, Postsecondary

Comparing salaries near Utah

Hiring Business Teachers, Postsecondarys?

Frequently Asked Questions

How much does a Business Teachers, Postsecondary make in Utah?

The median annual salary for a Business Teachers, Postsecondary in Utah is $136,880. This typically ranges from $51,140 for entry-level positions to $227,730 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Utah is 25.6% higher than the national median of $108,950.

Is Utah a lucrative place for Business Teachers, Postsecondarys?

Yes, Utah offers a lucrative environment for Business Teachers, Postsecondary.The average salary of $136,880 significantly exceeds the national average, and the cost of living is only marginally higher, indicating strong earning potential.

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

The Cost of Living Index in Utah is 104.5. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Utah?

Some top paying nearby cities include Salt Lake City-Murray, UT ($158,140) and Ogden, UT.

How does Utah's average salary for Business Teachers compare to the national average?

The average annual salary for Business Teachers, Postsecondary in Utah is $136,880, which is substantially higher than the national average of $108,950.

What is the concentration of Business Teachers, Postsecondary in Utah?

Utah has a Location Quotient of 0.48 for this profession, indicating that the concentration of Business Teachers, Postsecondary is less than half of the national average.

How does the cost of living in Utah affect the salary?

With a Cost of Living Index of 104.5, Utah is slightly more expensive than the national average. However, the high average salary means that the purchasing power of a Business Teacher's income is generally strong.

What does the total local workforce number imply?

The total local workforce of 430 Business Teachers, Postsecondary suggests a moderate-sized professional community within Utah, indicating a stable but not overly saturated job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the Utah area with a job density of 0.252 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.