SalaryNode

Average Economics Teachers, Postsecondary Salary in California

Economics Teachers, Postsecondary in California earn an impressive average annual salary of $151,300, surpassing the national average of $145,950. This elevated compensation is likely driven by California's robust higher education sector and the specialized demand for economics expertise within its numerous academic institutions.

Executive Summary

  • Average Salary: $151,300 per year.
  • Growth Trend: Salaries have shifted 7.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $231,590.
  • Outlook: With a local workforce of 1,050 Economics Teachers, Postsecondary, California demonstrates a significant presence in this field. The location quotient of 0.72 suggests that while the concentration is slightly below the national average, the absolute number indicates a substantial and active job market for these educators.
2024 Market Data

Salary Overview

$151,300

The average Economics Teachers, Postsecondary in California earns+3.7%above the national average.

BreakdownBased on 40h/week
Hourly

$72.7

Weekly

$2,910

Monthly

$12,608

Economics Teachers, Postsecondary Salary Distribution in California

Salary progression for Economics Teachers, Postsecondary in California typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned professionals with extensive research, publication, and teaching experience can expect to earn substantially more, potentially reaching into the higher percentiles of the $151,300 average.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$79,510$38.2
Tenured / ProProfessional status. Curriculum development.25% (Junior)$113,475$54.6
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$133,230$64.1
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$189,125$90.9
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$231,590$111.3

Detailed Economics Teachers, Postsecondary Market Analysis

Relocation Context

Nominal Salary

$151,300

Gross Pay

Real Wage (Purchasing Power)

$109,242

Adjusted for COL (138.5)

While the average annual salary of $151,300 is substantial, California's cost of living index of 138.5 (meaning it's 38.5% more expensive than the national average) requires careful consideration. The higher nominal salary is somewhat offset by the increased expenses for housing, goods, and services, making the real purchasing power a key factor for potential relocators.

Job Market Context

1,050

Total Jobs

0.058

Per 1K Jobs

0.72

Location Quotient

Below Average

California has 0.72x the national average concentration of Economics 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 0.72 indicates that Economics Teachers, Postsecondary are slightly less concentrated in California compared to the national average. This suggests that while the state has a notable number of these professionals, the market may not be oversaturated, potentially offering good opportunities for qualified individuals.

Nearby Job Markets

Hiring Economics Teachers, Postsecondarys?

Frequently Asked Questions

How much does a Economics Teachers, Postsecondary make in California?

The median annual salary for a Economics Teachers, Postsecondary in California is $151,300. This typically ranges from $79,510 for entry-level positions to $231,590 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in California is 3.7% higher than the national median of $145,950.

Is California a lucrative place for Economics Teachers, Postsecondarys?

Yes, California is a lucrative place for Economics Teachers, Postsecondary.The state offers a higher-than-national average salary of $151,300, though this is tempered by a significantly higher cost of living.

Is California a good place to live for Economics Teachers, Postsecondarys?

The Cost of Living Index in California is 138.5. While higher than average, this often correlates with higher wages.

How does California's average salary compare to the national average for this role?

The average annual salary for Economics Teachers, Postsecondary in California is $151,300, which is $5,350 higher than the national average of $145,950.

What is the concentration of Economics Teachers, Postsecondary in California?

The concentration, measured by the location quotient, is 0.72, indicating that the proportion of these teachers in California is slightly lower than the national average.

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

California's cost of living index is 138.5, meaning it is 38.5% more expensive than the national average. This higher cost of living means that the $151,300 salary may have less purchasing power than it appears when compared to national averages.

What is the total number of Economics Teachers, Postsecondary in California?

There are approximately 1,050 Economics Teachers, Postsecondary employed in California.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,050 employees in the California area with a job density of 0.058 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Economics Teachers, Postsecondary • Data source: BLS OEWS 2024 •Jobs in California