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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 2016 and published in April 2017 [1].

Table 1. Postsecondary Economics Teacher Salary in the United States

Percentile BracketAverage Annual Salary
10th Percentile Wage
$47,560
25th Percentile Wage
$67,190
50th Percentile Wage
$95,770
75th Percentile Wage
$134,280
90th Percentile Wage
$195,730

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 $195,730. The median annual salary (50th percentile) is $95,770. The average annual salary for the bottom 10 percent is $47,560. We note that in the United States, the annual salary of the 90th percentile (the top 10 percent of the highest paid) is almost 311% higher than that of the bottom 10 percent.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of postsecondary economics teachers from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201695,7701.85%8.17%
201594,0003.33%-
201490,8700.88%-
201390,0702.35%-
201287,950--

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
$95,770

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 $65,940 to $122,970. The highest paying state for postsecondary economics teachers is Indiana with a median annual salary of $122,970. The lowest paying state is Washington with a median annual salary of $65,940. For more salary information of postsecondary economics teachers profession in a specific state, use the links in the table.

State Name Median Annual Salary
Indiana
$122,970
Illinois
$122,220
New Hampshire
$119,620
Iowa
$115,490
Oregon
$110,980
New Mexico
$109,710
Massachusetts
$109,380
Michigan
$109,340
California
$108,690
Rhode Island
$106,290
Utah
$105,990
North Dakota
$105,670
Alabama
$105,050
Kentucky
$101,960
North Carolina
$101,700
New York
$101,630
New Jersey
$100,910
Connecticut
$99,750
Florida
$99,310
Maine
$98,080
Nebraska
$94,690
Ohio
$94,040
Maryland
$93,670
Wisconsin
$93,490
Minnesota
$93,100
Colorado
$92,370
Texas
$92,200
Arkansas
$92,130
Mississippi
$91,190
Hawaii
$91,140
Montana
$90,200
District of Columbia
$90,120
Virginia
$89,380
Pennsylvania
$88,060
Missouri
$84,080
Tennessee
$81,750
South Dakota
$79,310
Georgia
$78,300
Louisiana
$78,100
Idaho
$75,700
West Virginia
$73,030
Oklahoma
$71,440
South Carolina
$70,860
Kansas
$66,240
Washington
$65,940



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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.