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Average Psychology Teachers, Postsecondary Salary in Detroit-Warren-Dearborn, MI

Psychology Teachers, Postsecondary in Detroit-Warren-Dearborn, MI earn an impressive average annual salary of $89,240. This figure slightly surpasses the national average of $88,280, indicating a potentially favorable market for these educators. Local economic factors and demand dynamics likely contribute to this competitive compensation.

Executive Summary

  • Average Salary: $89,240 per year.
  • Growth Trend: Salaries have shifted 16.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $127,300.
  • Outlook: The local workforce for Psychology Teachers, Postsecondary in Detroit-Warren-Dearborn, MI comprises approximately 250 professionals. While the Location Quotient of 0.49 suggests a concentration below the national average, the presence of a dedicated workforce indicates ongoing demand and stability within the region's educational institutions.
2024 Market Data

Salary Overview

$89,240

The average Psychology Teachers, Postsecondary in Detroit-Warren-Dearborn, MI earns+1.1%above the national average.

BreakdownBased on 40h/week
Hourly

$42.9

Weekly

$1,716

Monthly

$7,437

Psychology Teachers, Postsecondary Salary Distribution in Detroit-Warren-Dearborn, MI

Career progression for Psychology Teachers, Postsecondary typically leads to significant salary increases. Entry-level positions may start at a lower percentile, but with experience and advanced qualifications, professionals can advance to senior roles, commanding salaries in the higher percentiles. The gap between entry-level and senior salaries signifies substantial earning potential throughout a career.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$44,050$21.2
Tenured / ProProfessional status. Curriculum development.25% (Junior)$66,930$32.2
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$96,190$46.2
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$111,550$53.6
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$127,300$61.2

Detailed Psychology Teachers, Postsecondary Market Analysis

Relocation Context

Nominal Salary

$89,240

Gross Pay

Real Wage (Purchasing Power)

$89,240

Adjusted for COL (100)

With an average annual salary of $89,240 and a Cost of Living Index of 100 (matching the national average), Psychology Teachers, Postsecondary in Detroit-Warren-Dearborn, MI can expect their earnings to align closely with national purchasing power. This means the nominal salary translates effectively to real income without significant adjustments for local living expenses.

Job Market Context

250

Total Jobs

0.133

Per 1K Jobs

0.49

Location Quotient

Low Concentration

At 0.49x, Detroit-Warren-Dearborn, MI has a notably lower concentration of Psychology Teachers, Postsecondary jobs than the national average. Opportunities in this area are relatively scarce for this profession.

The Location Quotient of 0.49 for Psychology Teachers, Postsecondary in Detroit-Warren-Dearborn, MI indicates that this profession is less concentrated locally compared to the national average. This suggests that while the market is not saturated, there may be fewer specialized roles available, potentially leading to a more competitive environment for job seekers.

Nearby Job Markets

Nearby Cities for Psychology Teachers, Postsecondary

Comparing salaries near Detroit-Warren-Dearborn, MI

Hiring Psychology Teachers, Postsecondarys?

Frequently Asked Questions

How much does a Psychology Teachers, Postsecondary make in Detroit-Warren-Dearborn, MI?

The median annual salary for a Psychology Teachers, Postsecondary in Detroit-Warren-Dearborn, MI is $89,240. This typically ranges from $44,050 for entry-level positions to $127,300 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Detroit-Warren-Dearborn, MI is 1.1% higher than the national median of $88,280.

Is Detroit-Warren-Dearborn, MI a lucrative place for Psychology Teachers, Postsecondarys?

Yes, it offers competitive compensation.The average salary of $89,240 is slightly above the national average, and the cost of living is at the national average, making it a financially sound location for this profession.

Is Detroit-Warren-Dearborn, MI a good place to live for Psychology Teachers, Postsecondarys?

The Cost of Living Index in Detroit-Warren-Dearborn, MI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Detroit-Warren-Dearborn, MI?

Some top paying nearby cities include Ann Arbor, MI ($152,240) and Toledo, OH.

How does the local salary compare to the national average?

The average annual salary for Psychology Teachers, Postsecondary in Detroit-Warren-Dearborn, MI is $89,240, which is slightly higher than the national average of $88,280.

What is the concentration of Psychology Teachers, Postsecondary in this area?

The Location Quotient is 0.49, meaning the concentration of these professionals in Detroit-Warren-Dearborn, MI is less than half of the national average.

How does the cost of living affect the salary?

The Cost of Living Index is 100, which is the national average. This means the $89,240 salary has purchasing power equivalent to the national average.

What does the total local workforce size suggest?

With a total local workforce of 250, it indicates a stable, albeit not massive, presence of Psychology Teachers, Postsecondary in the Detroit-Warren-Dearborn, MI area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Detroit-Warren-Dearborn, MI area with a job density of 0.133 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.