Average Economics Teachers, Postsecondary Salary in Texas
Economics Teachers, Postsecondary in Texas earn an average annual salary of $132,300, which is below the national average of $145,950. This differential is influenced by a variety of local economic factors and the overall demand within the state's educational institutions. Understanding these regional nuances is key to assessing compensation in this specialized field.
Executive Summary
- Average Salary: $132,300 per year.
- Growth Trend: Salaries have shifted 18.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $215,230.
- Outlook: With a local workforce of 850 Economics Teachers, Postsecondary, Texas presents a moderately sized market for this profession. The Location Quotient of 0.77 suggests that this role is slightly less concentrated in Texas compared to the national average, indicating a stable but not overly saturated demand. The number of jobs per 1,000 workers (0.062) further supports the notion of a consistent, albeit not rapidly expanding, job market.
Salary Overview
The average Economics Teachers, Postsecondary in Texas earns-9.4%below the national average.
$63.6
$2,544
$11,025
Economics Teachers, Postsecondary Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Economics Teachers, Postsecondary in Texas have experienced gradual growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for economic expertise, and institutional budget allocations likely contribute to a positive salary trajectory, ensuring that compensation keeps pace with the evolving economic landscape.
Economics Teachers, Postsecondary Salary Distribution in Texas
Career progression for Economics Teachers, Postsecondary in Texas typically involves a significant salary increase from entry-level to senior positions. While specific percentile data is unavailable, the typical salary distribution suggests that early-career professionals might earn closer to the lower end of the spectrum, whereas seasoned educators with extensive experience and specialized knowledge can command salaries considerably higher than the average. These percentile gaps are indicative of the value placed on expertise and tenure within the academic community.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ProbationaryInitial licensure. Mentored by senior faculty. | 10% (Entry) | $58,270 | $28 |
| Tenured / ProProfessional status. Curriculum development. | 25% (Junior) | $99,225 | $47.7 |
| Senior EducatorDepartment chair. Mentors student teachers. | 50% (Median) | $121,610 | $58.5 |
| Lead SpecialistInstructional coach, reading specialist, or VP. | 75% (Senior) | $165,375 | $79.5 |
| AdministratorPrincipal, District Admin, or Consultant. | 90% (Expert) | $215,230 | $103.5 |
Detailed Economics Teachers, Postsecondary Market Analysis
Relocation Context
Nominal Salary
$132,300
Gross Pay
Real Wage (Purchasing Power)
$142,258
Adjusted for COL (93)
The average annual salary of $132,300 for Economics Teachers, Postsecondary in Texas is particularly attractive when considering the local Cost of Living Index of 93. This index is below the national average of 100, meaning that the purchasing power of an income in Texas is greater than the national average. Therefore, the nominal salary translates into a higher effective income, making Texas a financially sound location for these professionals.
Job Market Context
850
Total Jobs
0.062
Per 1K Jobs
0.77
Location Quotient
Texas has 0.77x 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.
The Location Quotient of 0.77 for Economics Teachers, Postsecondary in Texas indicates that the concentration of these professionals is slightly lower than the national average. This suggests that while the profession is present and valued, the market is not as saturated as in some other regions. This could translate to a more competitive environment for job seekers, but also potentially more opportunities for those with specialized skills or advanced degrees.
Nearby Job Markets
Nearby Cities for Economics Teachers, Postsecondary
| City | Salary | Dist. |
|---|---|---|
| Austin-Round Rock-San Marcos, TX Economics Teachers, Postsecondary Salary | $170,960↑ 29% | 53 mi |
| College Station-Bryan, TX Economics Teachers, Postsecondary Salary | $188,790↑ 43% | 82 mi |
Comparing salaries near Texas
Hiring Economics Teachers, Postsecondarys?
Frequently Asked Questions
How much does a Economics Teachers, Postsecondary make in Texas?
The median annual salary for a Economics Teachers, Postsecondary in Texas is $132,300. This typically ranges from $58,270 for entry-level positions to $215,230 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Texas is 9.4% lower than the national median of $145,950.
Is Texas a lucrative place for Economics Teachers, Postsecondarys?
Yes, Texas offers a financially advantageous environment for Economics Teachers, Postsecondary.The average salary of $132,300, combined with a cost of living below the national average, provides strong purchasing power. While the salary is slightly below the national average, the lower cost of living makes it a lucrative location.
Is Texas a good place to live for Economics Teachers, Postsecondarys?
With a Cost of Living Index of 93 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Texas?
Some top paying nearby cities include Austin-Round Rock-San Marcos, TX ($170,960) and College Station-Bryan, TX.
How does the Texas salary compare to the national average?
The average annual salary for Economics Teachers, Postsecondary in Texas is $132,300, which is approximately 9.3% lower than the national average of $145,950.
What is the Cost of Living in Texas relative to the national average?
Texas has a Cost of Living Index of 93, meaning it is 7% cheaper to live in Texas compared to the national average (which is indexed at 100).
How many Economics Teachers, Postsecondary are there in Texas?
There are approximately 850 Economics Teachers, Postsecondary employed within Texas.
Is the job market for Economics Teachers, Postsecondary strong in Texas?
The market is stable with a Location Quotient of 0.77, indicating a slightly lower concentration than the national average, suggesting consistent demand without oversaturation.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 850 employees in the Texas area with a job density of 0.062 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 Texas