The annual salary statistics of postsecondary business teachers in Peoria, Illinois is shown in Table 1. The wage data of postsecondary business teachers in Peoria 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 | $32,440 |
| 25th Percentile Wage | $43,630 |
| 50th Percentile Wage | $69,600 |
| 75th Percentile Wage | $118,630 |
| 90th Percentile Wage | $187,240 |
Table 1 shows the average annual salary for postsecondary business teachers in Peoria, Illinois in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $187,240. The median (50th percentile) annual salary is $69,600. The average annual salary for the bottom 10 percent earners is $32,440.
From Table 3 we note that the median annual salary of $69,600 in Peoria 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 Peoria is 47.8 percent (47.8%) lower than that in the highest paying Champaign-Urbana and 6.7 percent (6.7%) higher than that in the lowest paying Northwest Illinois nonmetropolitan area.