Average Economics Teachers, Postsecondary Salary in U.S.
Economics Teachers, Postsecondary in the U.S. earn an average annual salary of $145,950, precisely aligning with the national average. This consistency suggests that while the specific location doesn't offer a premium or discount compared to the national benchmark, the demand and compensation structure for this specialized academic role are remarkably stable across the country.
Executive Summary
- Average Salary: $145,950 per year.
- Growth Trend: Salaries have shifted 27.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $237,450.
- Outlook: With a local workforce of 4,880 Economics Teachers, Postsecondary, the U.S. demonstrates a significant concentration of these professionals. While a specific Location Quotient is not provided, the substantial workforce size indicates a robust and established market for postsecondary economics education within the region, suggesting steady demand for qualified educators.
Salary Overview
The average Economics Teachers, Postsecondary in U.S. earns-0.0%below the national average.
$70.2
$2,807
$12,163
Economics Teachers, Postsecondary Salary Trends (2020-2024)
While specific historical data for the U.S. is not detailed, it's generally observed that salaries for specialized academic roles like Economics Teachers, Postsecondary have seen consistent growth over the past four years. This trend is typically driven by inflation, increasing demand for higher education, and the evolving complexity of economic studies.
Economics Teachers, Postsecondary Salary Distribution in U.S.
The salary progression for Economics Teachers, Postsecondary typically scales significantly with experience. Entry-level positions might start at a lower percentile, but as educators gain years of teaching, research, and publication experience, their earning potential increases substantially, often reaching the higher percentiles of the salary distribution, reflecting their expertise and contributions.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ProbationaryInitial licensure. Mentored by senior faculty. | 10% (Entry) | $65,740 | $31.6 |
| Tenured / ProProfessional status. Curriculum development. | 25% (Junior) | $109,463 | $52.6 |
| Senior EducatorDepartment chair. Mentors student teachers. | 50% (Median) | $127,860 | $61.5 |
| Lead SpecialistInstructional coach, reading specialist, or VP. | 75% (Senior) | $182,438 | $87.7 |
| AdministratorPrincipal, District Admin, or Consultant. | 90% (Expert) | $237,450 | $114.2 |
Detailed Economics Teachers, Postsecondary Market Analysis
Relocation Context
Nominal Salary
$145,950
Gross Pay
Real Wage (Purchasing Power)
$145,950
Adjusted for COL (100)
The nominal average annual salary of $145,950 in the U.S. is perfectly balanced by the local Cost of Living Index of 100. This means that the purchasing power of an Economics Teacher, Postsecondary's salary in this location is equivalent to the national average, indicating neither a significant financial advantage nor disadvantage for those relocating.
Job Market Context
4,880
Total Jobs
N/A
Per 1K Jobs
N/A
Location Quotient
The absence of a specific Location Quotient (LQ) for Economics Teachers, Postsecondary in the U.S. makes it challenging to definitively assess market competitiveness. However, the substantial local workforce of 4,880 suggests a well-established presence, implying a moderately competitive market where opportunities exist but may require specific qualifications and experience.
Nearby Job Markets
Hiring Economics Teachers, Postsecondarys?
Frequently Asked Questions
How much does a Economics Teachers, Postsecondary make in U.S.?
The median annual salary for a Economics Teachers, Postsecondary in U.S. is $145,950. This typically ranges from $65,740 for entry-level positions to $237,450 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in U.S. is 0.0% lower than the national median of $145,950.
Is U.S. a lucrative place for Economics Teachers, Postsecondarys?
Yes, the U.S. offers a lucrative environment for Economics Teachers, Postsecondary.The average salary of $145,950 matches the national average, and the cost of living is also at the national average, indicating strong earning potential without increased living expenses.
Is U.S. a good place to live for Economics Teachers, Postsecondarys?
The Cost of Living Index in U.S. is 100. While higher than average, this often correlates with higher wages.
What is the average salary for an Economics Teacher, Postsecondary in the U.S.?
The average annual salary for an Economics Teacher, Postsecondary in the U.S. is $145,950.
How does the cost of living in the U.S. compare to the national average for this role?
The cost of living in the U.S. is exactly at the national average, with an index of 100, meaning your salary has average purchasing power.
How large is the workforce of Economics Teachers, Postsecondary in the U.S.?
There are 4,880 Economics Teachers, Postsecondary employed in the U.S., indicating a significant presence in the academic sector.
Does salary increase with experience for Economics Teachers, Postsecondary in the U.S.?
Yes, like most academic positions, salary for Economics Teachers, Postsecondary typically increases significantly with years of experience, research output, and academic rank.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,880 employees in the U.S. area with a job density of per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Economics Teachers, Postsecondary Salaries by State
Top Jobs in U.S.
- All Occupations Salary in U.S.
- Office and Administrative Support Occupations Salary in U.S.
- Sales and Related Occupations Salary in U.S.
- Food Preparation and Serving Related Occupations Salary in U.S.
- Transportation and Material Moving Occupations Salary in U.S.
- Management Occupations Salary in U.S.
- Business and Financial Operations Occupations Salary in U.S.
- Production Occupations Salary in U.S.
- Healthcare Practitioners and Technical Occupations Salary in U.S.
- Material Moving Workers Salary in U.S.
- Browse All Jobs in U.S. →
Semantic Salary Analysis for Economics Teachers, Postsecondary • Data source: BLS OEWS 2024 •Jobs in U.S.