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Average Postsecondary Teachers, All Other Salary in Lexington-Fayette, KY

In Lexington-Fayette, KY, Postsecondary Teachers, All Other earn an average annual salary of $62,400. This figure is notably below the national average of $78,360, suggesting that local economic factors and demand dynamics play a significant role in compensation within this specific region. The cost of living in Lexington-Fayette aligns perfectly with the national average, meaning the purchasing power of this salary is consistent with the rest of the country.

Executive Summary

  • Average Salary: $62,400 per year.
  • Growth Trend: Salaries have shifted 12.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $87,110.
  • Outlook: The local job market for Postsecondary Teachers, All Other in Lexington-Fayette, KY, shows a stable presence with a total workforce of 280 individuals. The location quotient of 1.02 indicates a concentration of these roles that is very close to the national average, suggesting a balanced demand and supply within the region. With 1 job per 1,000 workers, the market is neither exceptionally saturated nor critically undersupplied, pointing towards a steady employment landscape.
2024 Market Data

Salary Overview

$62,400

The average Postsecondary Teachers, All Other in Lexington-Fayette, KY earns-20.4%below the national average.

BreakdownBased on 40h/week
Hourly

$30

Weekly

$1,200

Monthly

$5,200

Postsecondary Teachers, All Other Salary Distribution in Lexington-Fayette, KY

Salary progression for Postsecondary Teachers, All Other in Lexington-Fayette, KY, typically scales with experience. Entry-level positions will naturally command lower salaries, while seasoned educators with advanced degrees and extensive teaching or research experience can expect significantly higher compensation. The percentile gaps between junior and senior roles reflect the value placed on accumulated expertise, pedagogical skill, and specialized knowledge, offering a clear career ladder for ambitious professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$38,430$18.5
Tenured / ProProfessional status. Curriculum development.25% (Junior)$46,800$22.5
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$54,810$26.4
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$78,000$37.5
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$87,110$41.9

Detailed Postsecondary Teachers, All Other Market Analysis

Relocation Context

Nominal Salary

$62,400

Gross Pay

Real Wage (Purchasing Power)

$62,400

Adjusted for COL (100)

The nominal average annual salary of $62,400 for Postsecondary Teachers, All Other in Lexington-Fayette, KY, holds up well against the local Cost of Living Index of 100. Since the index is precisely at the national average, this salary offers a purchasing power equivalent to the national median. This means that individuals relocating to Lexington-Fayette can expect their earnings to cover essential expenses and lifestyle choices comparably to what they would experience in an average U.S. location.

Job Market Context

280

Total Jobs

1

Per 1K Jobs

1.02

Location Quotient

Above Average

With a location quotient of 1.02, Lexington-Fayette, KY has a slightly higher-than-average concentration of Postsecondary Teachers, All Other roles compared to the national norm.

With a Location Quotient of 1.02, the job market for Postsecondary Teachers, All Other in Lexington-Fayette, KY, is remarkably aligned with the national average in terms of concentration. This suggests that the presence of these roles is neither disproportionately high nor low compared to the overall workforce when viewed nationally. Consequently, the market can be characterized as stable and competitive, with opportunities available but not overwhelmingly abundant, reflecting a balanced ecosystem of educational institutions and teaching professionals.

Nearby Job Markets

Hiring Postsecondary Teachers, All Others?

Frequently Asked Questions

How much does a Postsecondary Teachers, All Other make in Lexington-Fayette, KY?

The median annual salary for a Postsecondary Teachers, All Other in Lexington-Fayette, KY is $62,400. This typically ranges from $38,430 for entry-level positions to $87,110 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lexington-Fayette, KY is 20.4% lower than the national median of $78,360.

Is Lexington-Fayette, KY a lucrative place for Postsecondary Teachers, All Others?

No, it is not particularly lucrative compared to the national average.The average salary of $62,400 is significantly lower than the national average of $78,360. However, the cost of living being at the national average means the salary's purchasing power is comparable.

Is Lexington-Fayette, KY a good place to live for Postsecondary Teachers, All Others?

The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lexington-Fayette, KY?

Some top paying nearby cities include Central Kentucky nonmetropolitan area ($78,590) and South Central Kentucky nonmetropolitan area.

How does the salary compare to the national average?

The average annual salary for Postsecondary Teachers, All Other in Lexington-Fayette, KY is $62,400, which is considerably less than the national average of $78,360.

What is the concentration of Postsecondary Teachers, All Other in Lexington-Fayette, KY?

The concentration, measured by the Location Quotient, is 1.02, indicating that the presence of these jobs in Lexington-Fayette is very close to the national average.

How does the cost of living affect the salary?

The Cost of Living Index in Lexington-Fayette is 100, which is the national average. This means the $62,400 salary has a purchasing power equivalent to the national average.

What is the total number of Postsecondary Teachers, All Other in Lexington-Fayette, KY?

There are approximately 280 Postsecondary Teachers, All Other employed in the Lexington-Fayette, KY area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Lexington-Fayette, KY area with a job density of 1 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.