Average Economics Teachers, Postsecondary Salary in Los Angeles-Long Beach-Anaheim, CA
Economics Teachers, Postsecondary in the Los Angeles-Long Beach-Anaheim, CA area command an impressive average annual salary of $147,770. This figure slightly surpasses the national average of $145,950, suggesting that the vibrant academic and economic landscape of Southern California offers a premium for specialized educators. Factors such as the high demand for economic expertise in a major metropolitan hub and the concentration of higher education institutions likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $147,770 per year.
- Growth Trend: Salaries have shifted 10.1% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $217,690.
- Outlook: The job market for Economics Teachers, Postsecondary in Los Angeles-Long Beach-Anaheim, CA, while not exceptionally concentrated with a Location Quotient of 0.76, still represents a stable sector. With a local workforce of 380 individuals in this role, the presence of a significant number of professionals indicates ongoing institutional needs. The low number of jobs per 1,000 workers (0.061) suggests that while the field is established, rapid expansion might not be the primary characteristic, pointing towards a steady, rather than booming, demand.
Salary Overview
The average Economics Teachers, Postsecondary in Los Angeles-Long Beach-Anaheim, CA earns+1.2%above the national average.
$71
$2,842
$12,314
Economics Teachers, Postsecondary Salary Trends (2020-2024)
While specific historical data for this niche role in Los Angeles is not provided, it is reasonable to assume a general upward trend in salaries for postsecondary educators over the past four years, mirroring national economic conditions and inflation. As institutions continue to value specialized knowledge in economics, particularly in a major economic center like Los Angeles, compensation packages are likely to have seen consistent, modest growth to attract and retain qualified faculty.
Economics Teachers, Postsecondary Salary Distribution in Los Angeles-Long Beach-Anaheim, CA
Career progression for Economics Teachers, Postsecondary typically correlates with increased salary. Entry-level positions often start at the lower percentiles, while seasoned professionals with extensive research, teaching experience, and advanced degrees command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies significant earning potential and career advancement opportunities within the academic hierarchy.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ProbationaryInitial licensure. Mentored by senior faculty. | 10% (Entry) | $79,330 | $38.1 |
| Tenured / ProProfessional status. Curriculum development. | 25% (Junior) | $110,828 | $53.3 |
| Senior EducatorDepartment chair. Mentors student teachers. | 50% (Median) | $132,130 | $63.5 |
| Lead SpecialistInstructional coach, reading specialist, or VP. | 75% (Senior) | $184,713 | $88.8 |
| AdministratorPrincipal, District Admin, or Consultant. | 90% (Expert) | $217,690 | $104.7 |
Detailed Economics Teachers, Postsecondary Market Analysis
Relocation Context
Nominal Salary
$147,770
Gross Pay
Real Wage (Purchasing Power)
$147,770
Adjusted for COL (100)
The nominal average annual salary of $147,770 in Los Angeles-Long Beach-Anaheim, CA, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of an Economics Teacher's salary in this region is comparable to the national average, offering a stable financial standing without the typical premium associated with high-cost-of-living areas.
Job Market Context
380
Total Jobs
0.061
Per 1K Jobs
0.76
Location Quotient
Los Angeles-Long Beach-Anaheim, CA has 0.76x 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.
With a Location Quotient of 0.76, the Los Angeles-Long Beach-Anaheim, CA metropolitan area has a slightly lower concentration of Economics Teachers, Postsecondary compared to the national average. This suggests that while the demand exists, the market is not oversaturated, potentially offering good opportunities for qualified candidates. It indicates a balanced job market where institutions are actively seeking these professionals, but the supply is not disproportionately high.
Nearby Job Markets
Nearby Cities for Economics Teachers, Postsecondary
| City | Salary | Dist. |
|---|---|---|
| Riverside-San Bernardino-Ontario, CA Economics Teachers, Postsecondary Salary | $170,500↑ 15% | 49 mi |
Comparing salaries near Los Angeles-Long Beach-Anaheim, CA
Hiring Economics Teachers, Postsecondarys?
Frequently Asked Questions
How much does a Economics Teachers, Postsecondary make in Los Angeles-Long Beach-Anaheim, CA?
The median annual salary for a Economics Teachers, Postsecondary in Los Angeles-Long Beach-Anaheim, CA is $147,770. This typically ranges from $79,330 for entry-level positions to $217,690 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Los Angeles-Long Beach-Anaheim, CA is 1.2% higher than the national median of $145,950.
Is Los Angeles-Long Beach-Anaheim, CA a lucrative place for Economics Teachers, Postsecondarys?
Yes, it offers competitive compensation.The average salary of $147,770 is slightly above the national average, and the cost of living is on par with the national average, making it a financially sound location for these professionals.
Is Los Angeles-Long Beach-Anaheim, CA a good place to live for Economics Teachers, Postsecondarys?
The Cost of Living Index in Los Angeles-Long Beach-Anaheim, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Los Angeles-Long Beach-Anaheim, CA?
Some top paying nearby cities include Riverside-San Bernardino-Ontario, CA ($170,500) and others.
How does the Los Angeles salary compare to the national average for this role?
The average annual salary for Economics Teachers, Postsecondary in Los Angeles-Long Beach-Anaheim, CA is $147,770, which is slightly higher than the national average of $145,950.
What is the job market like for Economics Teachers, Postsecondary in Los Angeles?
The job market is stable with a local workforce of 380 individuals. The Location Quotient of 0.76 indicates a slightly lower concentration than the national average, suggesting a balanced demand and supply.
Does the cost of living in Los Angeles affect the value of the salary?
No, the cost of living index in Los Angeles is 100, which is the national average. Therefore, the salary of $147,770 holds its purchasing power comparably to the national average.
What does a Location Quotient of 0.76 mean for job seekers?
A Location Quotient of 0.76 means that this profession is slightly less concentrated in Los Angeles compared to the national average. This could imply a steady demand for qualified individuals without excessive competition.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Los Angeles-Long Beach-Anaheim, CA area with a job density of 0.061 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 Los Angeles-Long Beach-Anaheim, CA