The annual salary statistics of postsecondary business teachers in Lafayette, Indiana is shown in Table 1. The wage data of postsecondary business teachers in Lafayette 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 | $43,350 |
| 25th Percentile Wage | $63,140 |
| 50th Percentile Wage | $72,570 |
| 75th Percentile Wage | $100,060 |
| 90th Percentile Wage | $139,830 |
Table 1 shows the average annual salary for postsecondary business teachers in Lafayette, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $139,830. The median (50th percentile) annual salary is $72,570. The average annual salary for the bottom 10 percent earners is $43,350.
From Table 3 we note that the median annual salary of $72,570 in Lafayette is in the middle of salary range for postsecondary business teachers in state of Indiana. In comparison, the annual salary of postsecondary business teachers in Lafayette is 10.1 percent (10.1%) lower than that in the highest paying Lafayette-West Lafayette and 18.6 percent (18.6%) higher than that in the lowest paying Southern Indiana nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Lafayette-West Lafayette | |
| Northern Indiana nonmetropolitan area | |
| Central Indiana nonmetropolitan area | |
| Indianapolis-Carmel | |
| Terre Haute | |
| Lafayette | |
| Fort Wayne | |
| Southern Indiana nonmetropolitan area |