The annual salary statistics of postsecondary business teachers in Lakeland-Winter Haven, Florida is shown in Table 1. The wage statistics of postsecondary business teachers in Lakeland-Winter Haven is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $36,350 |
| 25th Percentile Wage | $56,190 |
| 50th Percentile Wage | $62,810 |
| 75th Percentile Wage | $98,080 |
| 90th Percentile Wage | $158,330 |
Table 1 shows the average annual salary for postsecondary business teachers in Lakeland-Winter Haven, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $158,330. The median (50th percentile) annual salary is $62,810. The average annual salary for the bottom 10 percent earners is $36,350.
The table and chart below show the trend of the median salary of postsecondary business teachers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $62,810 | -20.94% | 37.80% |
| 2021 | $75,960 | 9.58% | - |
| 2018 | $68,680 | 10.03% | - |
| 2017 | $61,790 | -12.98% | - |
| 2016 | $69,810 | -0.85% | - |
| 2015 | $70,400 | -9.40% | - |
| 2014 | $77,020 | -1.14% | - |
| 2013 | $77,900 | 49.85% | - |
| 2012 | $39,070 | - | - |
From Table 3 we note that the median annual salary of $62,810 in Lakeland-Winter Haven is in the middle of salary range for postsecondary business teachers in state of Florida. In comparison, the annual salary of postsecondary business teachers in Lakeland-Winter Haven is 44.1 percent (44.1%) lower than that in the highest paying Tallahassee and 11.4 percent (11.4%) higher than that in the lowest paying Northeast Florida nonmetropolitan area.