National Salary Info » Highest Paying States for Postsecondary Economics Teachers

Highest-paying States for Postsecondary Economics Teachers

The highest-paying states for postsecondary economics teachers (ranked by average annual salary) are listed in Table 1. The entry level salary (as measured by the salary of the lowest 10% paid earners) and the number of employment of postsecondary economics teachers in those states are also shown in the table. As shown in the table, with an annual salary of $148,520, Rhode Island is the highest paying state for postsecondary economics teachers. It is followed by Indiana (average annual salary $132,760). The salary and employment information is computed from data published by U.S. Bureau of Labor Statistics (BLS) in April 2023 [1]. For more salary information of postsecondary economics teachers in a specific state, use the links in the table.

Table 1. Highest-paying States for Postsecondary Economics Teachers (2022 Survey)

Rank	State	Average Salary i	Entry Level Salary i	# of Empl. i
1	Rhode Island	$148,520	$74,720	100
2	Indiana	$132,760	$59,160	250
3	District of Columbia	$131,330	$58,650	140
4	Massachusetts	$130,930	$63,560	600
5	Oregon	$130,340	$67,330	130
6	New York	$128,440	$63,370	1,530
7	California	$128,430	$72,170	540
8	New Hampshire	$126,360	$49,650	100
9	Connecticut	$126,040	$80,240	230
10	New Jersey	$122,860	$60,920	410
11	Alabama	$122,540	$69,930	150
12	Maine	$111,310	$76,730	70
13	Kansas	$109,790	$59,340	100
14	Michigan	$109,100	$63,100	340
15	New Mexico	$108,990	$38,260	50
16	Utah	$108,820	$62,470	140
17	Maryland	$107,080	$61,890	230
18	Illinois	$106,350	$45,780	360
19	Iowa	$105,870	$49,410	150
20	Nevada	$105,250	$31,030	60
21	Texas	$105,220	$56,220	920
22	Missouri	$104,880	$55,840	230
23	Pennsylvania	$102,770	$60,370	590
24	North Carolina	$102,000	$50,810	420
25	Virginia	$101,630	$50,550	320
26	South Carolina	$101,370	$62,270	150
27	Arkansas	$101,360	$77,970	100
28	Idaho	$100,860	$49,030	40
29	Vermont	$100,840	$26,100	120
30	Nebraska	$100,690	$63,060	100
31	Hawaii	$100,220	$49,730	30
32	North Dakota	$98,830	$64,440	50
33	Arizona	$98,830	$47,190	90
34	Tennessee	$98,680	$40,340	240
35	Georgia	$98,640	$54,230	220
36	Minnesota	$98,580	$61,460	320
37	Louisiana	$95,760	$51,950	120
38	Wisconsin	$94,830	$60,970	210
39	Montana	$90,200	$62,410	30
40	Colorado	$88,880	$61,570	280
41	Ohio	$87,660	$37,030	240
42	Mississippi	$87,210	$25,400	70
43	Kentucky	$85,230	$48,980	120
44	Oklahoma	$83,350	$59,670	60
45	Washington	$81,300	$52,160	240
46	West Virginia	$80,960	$47,850	50
47	South Dakota	$72,590	$49,990	50
48	Wyoming	$66,020	$62,240	40
49	Florida	$49,640	$47,050	480

Note: some states are missing from this table because the median salary information of postsecondary economics teachers in those states is not available at this time.