Average Economics Teachers, Postsecondary Salary in Indianapolis-Carmel-Greenwood, IN
The average salary for Economics Teachers, Postsecondarys in Indianapolis-Carmel-Greenwood, IN is $119,670. While this is lower than the national average, the cost of living in Indianapolis-Carmel-Greenwood, IN may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $119,670 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $196,950.
- Outlook: The current demand for Economics Teachers, Postsecondarys is stable, with a local workforce of approximately 30 professionals. This role remains a specialized component of the broader Indianapolis-Carmel-Greenwood, IN economy.
Salary Overview
The average Economics Teachers, Postsecondary in Indianapolis-Carmel-Greenwood, IN earns-18.0%below the national average.
$57.5
$2,301
$9,973
Economics Teachers, Postsecondary Salary Trends (2020-2024)
Historical trend data for Economics Teachers, Postsecondary in Indianapolis-Carmel-Greenwood, IN is limited, but current market signals indicate a stable demand environment.
Economics Teachers, Postsecondary Salary Distribution in Indianapolis-Carmel-Greenwood, IN
The earning potential for Economics Teachers, Postsecondarys in Indianapolis-Carmel-Greenwood, IN varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.2x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $61,950, while highly experienced professionals can command wages upwards of $196,950.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ProbationaryInitial licensure. Mentored by senior faculty. | 10% (Entry) | $61,950 | $29.8 |
| Tenured / ProProfessional status. Curriculum development. | 25% (Junior) | $89,753 | $43.2 |
| Senior EducatorDepartment chair. Mentors student teachers. | 50% (Median) | $102,260 | $49.2 |
| Lead SpecialistInstructional coach, reading specialist, or VP. | 75% (Senior) | $149,588 | $71.9 |
| AdministratorPrincipal, District Admin, or Consultant. | 90% (Expert) | $196,950 | $94.7 |
Detailed Economics Teachers, Postsecondary Market Analysis
Relocation Context
Nominal Salary
$119,670
Gross Pay
Real Wage (Purchasing Power)
$119,670
Adjusted for COL (100)
In Indianapolis-Carmel-Greenwood, IN, the Cost of Living Index is 100. This increases your effective purchasing power from $119,670 to $119,670.
Job Market Context
30
Total Jobs
0.029
Per 1K Jobs
0.37
Location Quotient
At 0.37x, Indianapolis-Carmel-Greenwood, IN has a notably lower concentration of Economics Teachers, Postsecondary jobs than the national average. Opportunities in this area are relatively scarce for this profession.
30 people work as Economics Teachers, Postsecondary in Indianapolis-Carmel-Greenwood, IN.
Only 0.029 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
| City | Salary | Dist. |
|---|---|---|
| Central Indiana nonmetropolitan area Economics Teachers, Postsecondary Salary | $119,350↓ 0% | 8 mi |
Comparing salaries near Indianapolis-Carmel-Greenwood, IN
Hiring Economics Teachers, Postsecondarys?
Frequently Asked Questions
How much does a Economics Teachers, Postsecondary make in Indianapolis-Carmel-Greenwood, IN?
The median annual salary for a Economics Teachers, Postsecondary in Indianapolis-Carmel-Greenwood, IN is $119,670. This typically ranges from $61,950 for entry-level positions to $196,950 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Indianapolis-Carmel-Greenwood, IN is 18.0% lower than the national median of $145,950.
Is Indianapolis-Carmel-Greenwood, IN a good place for Economics Teachers, Postsecondarys?
It depends on your priorities. While the average Economics Teachers, Postsecondary salary in Indianapolis-Carmel-Greenwood, IN is $119,670 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Indianapolis-Carmel-Greenwood, IN. See distinct detailed breakdown below.
Is Indianapolis-Carmel-Greenwood, IN a good place to live for Economics Teachers, Postsecondarys?
The Cost of Living Index in Indianapolis-Carmel-Greenwood, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Indianapolis-Carmel-Greenwood, IN?
Some top paying nearby cities include Central Indiana nonmetropolitan area ($119,350) 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 30 employees in the Indianapolis-Carmel-Greenwood, IN area with a job density of 0.029 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Economics Teachers, Postsecondary • Data source: BLS OEWS 2024 •Jobs in Indianapolis-Carmel-Greenwood, IN