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Postsecondary Economics Teacher Salary Information

The salary statistics of postsecondary economics teachers are shown in Table 1. In the next few tables we compare the average salaries of postsecondary economics teachers within different industry sectors and in the 50 states of the United States. The postsecondary economics teachers annual salary statistics are from the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1. Postsecondary Economics Teacher Salary in the United States

Percentile BracketAverage Annual Salary
10th Percentile Wage
$48,610
25th Percentile Wage
$68,860
50th Percentile Wage
$98,350
75th Percentile Wage
$139,400
90th Percentile Wage
$201,980

Table 1 shows the average annual salary for postsecondary economics teachers. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) postsecondary economics teachers is $201,980. The median annual salary (50th percentile) is $98,350. The average annual salary for the bottom 10 percent is $48,610. We note that in the United States, the annual salary of the 90th percentile (the top 10 percent of the highest paid) is almost 315% higher than that of the bottom 10 percent.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of postsecondary economics teachers from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$98,350
2.62% 10.57%
2016
$95,770
1.85% -
2015
$94,000
3.33% -
2014
$90,870
0.88% -
2013
$90,070
2.35% -
2012
$87,950
- -

Table 2. Postsecondary Economics Teacher Salary by Industry Sector

The average salaries of postsecondary economics teachers in 1 major industry sectors are shown in Table 2.

Industry Sector Median Annual Salary
Educational Services
$98,350

Table 3. Median Annual Wage of Postsecondary Economics Teachers by States

From the above tables we note that not only postsecondary economics teachers salaries vary considerably based on one's education and experience, and the industry sectors, they also change considerably from state to state. In the following table we compare the median salary of postsecondary economics teachers in all 50 states of the United States. We note that the median annual salaries range from $51,140 to $122,760. The highest paying state for postsecondary economics teachers is Rhode Island with a median annual salary of $122,760. The lowest paying state is Vermont with a median annual salary of $51,140. For more salary information of postsecondary economics teachers profession in a specific state, use the links in the table.

State Name Median Annual Salary
Rhode Island
$122,760
New Hampshire
$119,550
Illinois
$115,590
Iowa
$115,080
Indiana
$114,340
Massachusetts
$113,100
New Mexico
$109,710
Tennessee
$109,130
Alabama
$108,630
New York
$106,560
California
$105,680
Florida
$105,400
Michigan
$103,630
Arizona
$102,200
New Jersey
$101,020
Connecticut
$100,910
Oklahoma
$100,100
Oregon
$100,070
Wyoming
$98,270
Pennsylvania
$97,720
Utah
$97,530
District of Columbia
$97,490
Ohio
$96,860
Minnesota
$96,460
Colorado
$96,120
Mississippi
$95,090
North Carolina
$95,010
Nebraska
$94,380
North Dakota
$94,330
Wisconsin
$94,280
Maryland
$93,030
Texas
$92,080
Virginia
$90,920
Louisiana
$90,660
Missouri
$90,280
Montana
$90,200
Arkansas
$89,470
Maine
$87,650
Georgia
$86,410
Hawaii
$85,710
South Dakota
$83,980
Idaho
$78,790
West Virginia
$77,160
Kentucky
$76,710
South Carolina
$74,000
Nevada
$72,370
Kansas
$66,240
Washington
$65,300
Vermont
$51,140



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💰 Highest paying states for postsecondary economics teachers

💰 Highest paying cities for postsecondary economics teachers

💰 Highest paying industries for postsecondary economics teachers.