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Average Economics Teachers, Postsecondary Salary in Central Indiana nonmetropolitan area

The average salary for Economics Teachers, Postsecondarys in Central Indiana nonmetropolitan area is $119,350. While this is lower than the national average, the cost of living in Central Indiana nonmetropolitan area may offset the difference, preserving real purchasing power. Notably, Central Indiana nonmetropolitan area is a key hub for this profession, with a job concentration 2.93x higher than average.

Executive Summary

  • Average Salary: $119,350 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $177,450.
  • Outlook: The current demand for Economics Teachers, Postsecondarys is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader Central Indiana nonmetropolitan area economy.
2024 Market Data

Salary Overview

$119,350

The average Economics Teachers, Postsecondary in Central Indiana nonmetropolitan area earns-18.2%below the national average.

BreakdownBased on 40h/week
Hourly

$57.4

Weekly

$2,295

Monthly

$9,946

Economics Teachers, Postsecondary Salary Distribution in Central Indiana nonmetropolitan area

The earning potential for Economics Teachers, Postsecondarys in Central Indiana nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.9x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $61,030, while highly experienced professionals can command wages upwards of $177,450.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$61,030$29.3
Tenured / ProProfessional status. Curriculum development.25% (Junior)$89,513$43
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$95,970$46.1
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$149,188$71.7
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$177,450$85.3

Detailed Economics Teachers, Postsecondary Market Analysis

Relocation Context

Nominal Salary

$119,350

Gross Pay

Real Wage (Purchasing Power)

$119,350

Adjusted for COL (100)

In Central Indiana nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $119,350 to $119,350.

Job Market Context

40

Total Jobs

0.236

Per 1K Jobs

2.93

Location Quotient

Major Hub

Central Indiana nonmetropolitan area has 2.9x the national concentration of Economics Teachers, Postsecondary jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

40 people work as Economics Teachers, Postsecondary in Central Indiana nonmetropolitan area.

Only 0.236 out of every 1,000 local jobs are Economics Teachers, Postsecondary roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Economics Teachers, Postsecondary

Comparing salaries near Central Indiana nonmetropolitan area

Hiring Economics Teachers, Postsecondarys?

Frequently Asked Questions

How much does a Economics Teachers, Postsecondary make in Central Indiana nonmetropolitan area?

The median annual salary for a Economics Teachers, Postsecondary in Central Indiana nonmetropolitan area is $119,350. This typically ranges from $61,030 for entry-level positions to $177,450 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central Indiana nonmetropolitan area is 18.2% lower than the national median of $145,950.

Is Central Indiana nonmetropolitan area a good place for Economics Teachers, Postsecondarys?

Yes, Central Indiana nonmetropolitan area is highly recommended due to strong job demand. While salaries are competitive ($119,350), the area is particularly notable for its high job density for Economics Teachers, Postsecondarys. See distinct detailed breakdown below.

Is Central Indiana nonmetropolitan area a good place to live for Economics Teachers, Postsecondarys?

The Cost of Living Index in Central Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Central Indiana nonmetropolitan area?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($119,670) and others.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 40 employees in the Central Indiana nonmetropolitan area area with a job density of 0.236 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.