Average Psychology Teachers, Postsecondary Salary in Minneapolis-St. Paul-Bloomington, MN-WI
Psychology Teachers, Postsecondary in the Minneapolis-St. Paul-Bloomington, MN-WI area command an impressive average annual salary of $99,840. This figure notably surpasses the national average of $88,280, indicating a strong regional demand and potentially higher compensation expectations for educators in this field within the metropolitan area. Factors such as the concentration of higher education institutions and the overall economic health of the region likely contribute to this elevated pay scale.
Executive Summary
- Average Salary: $99,840 per year.
- Growth Trend: Salaries have shifted 10.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $162,830.
- Outlook: The job market for Psychology Teachers, Postsecondary in Minneapolis-St. Paul-Bloomington appears stable, with a local workforce of 480 professionals. The Location Quotient of 0.92 suggests that the concentration of these roles is nearly on par with the national average, indicating a steady, albeit not exceptionally concentrated, demand for these specialized educators within the region. This steady presence points to a consistent need for qualified individuals in academic institutions across the metropolitan area.
Salary Overview
The average Psychology Teachers, Postsecondary in Minneapolis-St. Paul-Bloomington, MN-WI earns+13.1%above the national average.
$48
$1,920
$8,320
Psychology Teachers, Postsecondary Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Psychology Teachers, Postsecondary in Minneapolis-St. Paul-Bloomington have experienced gradual growth over the past four years, mirroring national trends in the education sector. This growth is typically driven by inflation, increased demand for specialized academic roles, and the need for institutions to remain competitive in attracting and retaining qualified faculty.
Psychology Teachers, Postsecondary Salary Distribution in Minneapolis-St. Paul-Bloomington, MN-WI
Salary progression for Psychology Teachers, Postsecondary typically scales significantly with experience. Entry-level positions will naturally fall at the lower end of the pay scale, while seasoned professionals with extensive teaching, research, and publication records can command substantially higher salaries. The percentile gaps in compensation clearly signify career progression, rewarding accumulated expertise and contributions to the academic field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ProbationaryInitial licensure. Mentored by senior faculty. | 10% (Entry) | $51,260 | $24.6 |
| Tenured / ProProfessional status. Curriculum development. | 25% (Junior) | $74,880 | $36 |
| Senior EducatorDepartment chair. Mentors student teachers. | 50% (Median) | $82,790 | $39.8 |
| Lead SpecialistInstructional coach, reading specialist, or VP. | 75% (Senior) | $124,800 | $60 |
| AdministratorPrincipal, District Admin, or Consultant. | 90% (Expert) | $162,830 | $78.3 |
Detailed Psychology Teachers, Postsecondary Market Analysis
Relocation Context
Nominal Salary
$99,840
Gross Pay
Real Wage (Purchasing Power)
$99,840
Adjusted for COL (100)
With an average annual salary of $99,840 and a Cost of Living Index of 100 (which is exactly the national average), Psychology Teachers, Postsecondary in Minneapolis-St. Paul-Bloomington experience a strong purchasing power. The nominal salary effectively translates to the national average cost of living, meaning that the compensation received is well-aligned with the typical expenses in the area, offering a comfortable standard of living.
Job Market Context
480
Total Jobs
0.248
Per 1K Jobs
0.92
Location Quotient
Minneapolis-St. Paul-Bloomington, MN-WI has 0.92x the national average concentration of Psychology 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 0.92 for Psychology Teachers, Postsecondary in Minneapolis-St. Paul-Bloomington indicates a job market that is very close to the national average in terms of concentration. This suggests that while the region employs a solid number of these professionals, it is not disproportionately saturated compared to other areas. This equilibrium implies a healthy, competitive market where opportunities exist without being overly scarce or excessively abundant.
Nearby Job Markets
Nearby Cities for Psychology Teachers, Postsecondary
| City | Salary | Dist. |
|---|---|---|
| Northwest Minnesota nonmetropolitan area Psychology Teachers, Postsecondary Salary | $75,130↓ 25% | 58 mi |
| Southeast Minnesota nonmetropolitan area Psychology Teachers, Postsecondary Salary | $83,050↓ 17% | 58 mi |
| St. Cloud, MN Psychology Teachers, Postsecondary Salary | $84,910↓ 15% | 59 mi |
Comparing salaries near Minneapolis-St. Paul-Bloomington, MN-WI
Hiring Psychology Teachers, Postsecondarys?
Frequently Asked Questions
How much does a Psychology Teachers, Postsecondary make in Minneapolis-St. Paul-Bloomington, MN-WI?
The median annual salary for a Psychology Teachers, Postsecondary in Minneapolis-St. Paul-Bloomington, MN-WI is $99,840. This typically ranges from $51,260 for entry-level positions to $162,830 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Minneapolis-St. Paul-Bloomington, MN-WI is 13.1% higher than the national median of $88,280.
Is Minneapolis-St. Paul-Bloomington, MN-WI a lucrative place for Psychology Teachers, Postsecondarys?
Yes, it is a lucrative location.Psychology Teachers, Postsecondary in this area earn significantly above the national average salary. Coupled with a cost of living that matches the national average, this makes the region financially advantageous for these professionals.
Is Minneapolis-St. Paul-Bloomington, MN-WI a good place to live for Psychology Teachers, Postsecondarys?
The Cost of Living Index in Minneapolis-St. Paul-Bloomington, MN-WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Minneapolis-St. Paul-Bloomington, MN-WI?
Some top paying nearby cities include Northwest Minnesota nonmetropolitan area ($75,130) and Southeast Minnesota nonmetropolitan area.
How does the local salary compare to the national average?
The average annual salary for Psychology Teachers, Postsecondary in Minneapolis-St. Paul-Bloomington is $99,840, which is $11,560 higher than the national average of $88,280.
What is the concentration of Psychology Teachers, Postsecondary in this area?
The concentration, measured by the Location Quotient, is 0.92, indicating that the proportion of these jobs in the local workforce is slightly below the national average.
How does the cost of living affect the salary?
The Cost of Living Index is 100, meaning it is exactly average nationally. Therefore, the higher-than-average salary of $99,840 provides excellent purchasing power for residents.
What is the total number of Psychology Teachers, Postsecondary in the area?
There are approximately 480 Psychology Teachers, Postsecondary employed within the Minneapolis-St. Paul-Bloomington metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 480 employees in the Minneapolis-St. Paul-Bloomington, MN-WI area with a job density of 0.248 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Psychology Teachers, Postsecondary • Data source: BLS OEWS 2024 •Jobs in Minneapolis-St. Paul-Bloomington, MN-WI