Postsecondary Economics Teacher Salary Information in Virginia

The average annual and hourly salaries for postsecondary economics teachers in the state of Virginia are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of postsecondary economics teachers among Virginia metropolitan areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2016 and published in April 2017 [1].

Table 1 & 2. Annual & Hourly Salary of Postsecondary Economics Teachers in Virginia

Percentile BracketAverage Annual Salary
10th Percentile Wage
$41,470
25th Percentile Wage
$59,680
50th Percentile Wage
$89,380
75th Percentile Wage
$125,610
90th Percentile Wage
$166,290

Table 1 shows the average annual salary for postsecondary economics teachers in Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $166,290. The median (50th percentile) annual salary is $89,380. The average annual salary for the bottom 10 percent is $41,470.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
No Data
25th Percentile Wage
No Data
50th Percentile Wage
No Data
75th Percentile Wage
No Data
90th Percentile Wage
No Data

Table 2 shows the average hourly salary for postsecondary economics teachers in Virginia in 5 percentile scales. The average hourly salary of the 25th percentile is No Data.

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
201689,380-2.81%12.46%
201591,89014.16%-
201478,880-9.23%-
201386,1609.19%-
201278,240--

Table 3. Median Annual Salary of Postsecondary Economics Teachers in Virginia Cities

Table 3 shows the median annual salary of postsecondary economics teachers in some Virginia cities and metropolitan areas. We note that the median annual salary of postsecondary economics teachers in state of Virginia ranges from $83,490 to $108,080. The highest paying area for postsecondary economics teachers in Virginia is Richmond with a median annual salary of $108,080. The second highest paying city/area in Virginia State is Northwestern Virginia nonmetropolitan area (mean annual salary $92,400). The lowest paying area is Virginia Beach-Norfolk-Newport News with a median annual salary of $83,490.

Cities/Areas Median Annual Salary
Richmond
$108,080
Northwestern Virginia nonmetropolitan area
$92,400
Virginia Beach-Norfolk-Newport News
$83,490



Related:

Highest paying cities for postsecondary economics teachers

Highest paying industries for postsecondary economics teachers.