SalaryNode

Average Psychology Teachers, Postsecondary Salary in Buffalo-Cheektowaga, NY

Psychology Teachers, Postsecondary in Buffalo-Cheektowaga, NY earn an impressive average annual salary of $92,270, surpassing the national average of $88,280. This elevated compensation reflects the specialized demand and the concentration of academic institutions within the region, which often command higher pay for educators in niche fields.

Executive Summary

  • Average Salary: $92,270 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $153,510.
  • Outlook: The local workforce for Psychology Teachers, Postsecondary in Buffalo-Cheektowaga, NY, while modest at 200 individuals, indicates a stable demand. The Location Quotient of 1.37 suggests that this profession is more concentrated here than the national average, pointing to a robust job market with potentially more opportunities relative to the size of the national workforce.
2024 Market Data

Salary Overview

$92,270

The average Psychology Teachers, Postsecondary in Buffalo-Cheektowaga, NY earns+4.5%above the national average.

BreakdownBased on 40h/week
Hourly

$44.4

Weekly

$1,774

Monthly

$7,689

Psychology Teachers, Postsecondary Salary Distribution in Buffalo-Cheektowaga, NY

Career progression for Psychology Teachers, Postsecondary in Buffalo-Cheektowaga, NY typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive research, teaching, and publication records can command salaries in the upper percentiles, reflecting their accumulated expertise and value to academic institutions.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$39,390$18.9
Tenured / ProProfessional status. Curriculum development.25% (Junior)$69,203$33.3
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$92,370$44.4
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$115,338$55.5
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$153,510$73.8

Detailed Psychology Teachers, Postsecondary Market Analysis

Relocation Context

Nominal Salary

$92,270

Gross Pay

Real Wage (Purchasing Power)

$92,270

Adjusted for COL (100)

The average annual salary of $92,270 in Buffalo-Cheektowaga, NY, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Psychology Teacher's salary in this location is equivalent to the national standard, offering stability and predictability for those considering relocation.

Job Market Context

200

Total Jobs

0.37

Per 1K Jobs

1.37

Location Quotient

Above Average

With a location quotient of 1.37, Buffalo-Cheektowaga, NY has a slightly higher-than-average concentration of Psychology Teachers, Postsecondary roles compared to the national norm.

With a Location Quotient of 1.37, Buffalo-Cheektowaga, NY demonstrates a higher concentration of Psychology Teachers, Postsecondary compared to the national average. This suggests a specialized market where demand may outpace supply, potentially leading to competitive hiring practices and favorable compensation for qualified candidates.

Nearby Job Markets

Nearby Cities for Psychology Teachers, Postsecondary

Comparing salaries near Buffalo-Cheektowaga, NY

Hiring Psychology Teachers, Postsecondarys?

Frequently Asked Questions

How much does a Psychology Teachers, Postsecondary make in Buffalo-Cheektowaga, NY?

The median annual salary for a Psychology Teachers, Postsecondary in Buffalo-Cheektowaga, NY is $92,270. This typically ranges from $39,390 for entry-level positions to $153,510 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Buffalo-Cheektowaga, NY is 4.5% higher than the national median of $88,280.

Is Buffalo-Cheektowaga, NY a lucrative place for Psychology Teachers, Postsecondarys?

Yes, Buffalo-Cheektowaga, NY offers a lucrative environment for Psychology Teachers, Postsecondary.The average salary of $92,270 significantly exceeds the national average, and the cost of living is on par with the national index, allowing for strong purchasing power.

Is Buffalo-Cheektowaga, NY a good place to live for Psychology Teachers, Postsecondarys?

The Cost of Living Index in Buffalo-Cheektowaga, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Buffalo-Cheektowaga, NY?

Some top paying nearby cities include Rochester, NY ($88,590) and Erie, PA.

How does the local workforce size affect job opportunities?

A local workforce of 200 indicates a specialized niche; while not a massive pool, the concentration (LQ of 1.37) suggests dedicated demand within the region.

What is the significance of the Location Quotient (LQ) of 1.37?

An LQ of 1.37 signifies that Psychology Teachers, Postsecondary are 37% more concentrated in Buffalo-Cheektowaga, NY than the national average, indicating a stronger local presence and potential demand.

How does the cost of living impact the $92,270 salary?

With a Cost of Living Index of 100, the national average, the $92,270 salary in Buffalo-Cheektowaga, NY offers purchasing power equivalent to the national median, making it a stable financial proposition.

Are there many job openings for Psychology Teachers, Postsecondary in Buffalo-Cheektowaga, NY?

While the total workforce is 200, the LQ of 1.37 suggests a higher relative demand for this profession in Buffalo-Cheektowaga, NY compared to other locations nationally.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Buffalo-Cheektowaga, NY area with a job density of 0.37 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.