The annual salary statistics of postsecondary business teachers in Chicago-Joliet-Naperville (IL-IN-WI Area), Illinois is shown in Table 1. The wage data of postsecondary business teachers in Chicago-Joliet-Naperville (IL-IN-WI Area) 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 | $49,710 |
| 25th Percentile Wage | $62,850 |
| 50th Percentile Wage | $81,250 |
| 75th Percentile Wage | $129,090 |
| 90th Percentile Wage | $179,750 |
Table 1 shows the average annual salary for postsecondary business teachers in Chicago-Joliet-Naperville (IL-IN-WI Area), Illinois in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $179,750. The median (50th percentile) annual salary is $81,250. The average annual salary for the bottom 10 percent earners is $49,710.
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 | $81,250 | 1.06% | 40.47% |
| 2021 | $80,390 | -17.03% | - |
| 2020 | $94,080 | 4.56% | - |
| 2019 | $89,790 | 9.48% | - |
| 2018 | $81,280 | -10.88% | - |
| 2017 | $90,120 | -11.90% | - |
| 2016 | $100,840 | 42.15% | - |
| 2014 | $58,340 | -9.58% | - |
| 2013 | $63,930 | 24.34% | - |
| 2012 | $48,370 | - | - |
From Table 3 we note that the median annual salary of $81,250 in Chicago-Joliet-Naperville (IL-IN-WI Area) is in the middle of salary range for postsecondary business teachers in state of Illinois. In comparison, the annual salary of postsecondary business teachers in Chicago-Joliet-Naperville (IL-IN-WI Area) is 39.1 percent (39.1%) lower than that in the highest paying Champaign-Urbana and 20.1 percent (20.1%) higher than that in the lowest paying Northwest Illinois nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Champaign-Urbana | |
| South Illinois nonmetropolitan area | |
| East Central Illinois nonmetropolitan area | |
| Bloomington-Normal | |
| Chicago-Joliet-Naperville (IL Metropolitan Division) | |
| Chicago-Joliet-Naperville (IL-IN-WI Area) | |
| Bloomington | |
| West Central Illinois nonmetropolitan area | |
| Peoria | |
| Northwest Illinois nonmetropolitan area |