The annual salary statistics of postsecondary economics teachers in Indianapolis-Carmel, Indiana is shown in Table 1. The wage data of postsecondary economics teachers in Indianapolis-Carmel 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 | $55,250 |
| 25th Percentile Wage | $76,500 |
| 50th Percentile Wage | $106,970 |
| 75th Percentile Wage | $153,780 |
| 90th Percentile Wage | $127,460 |
Table 1 shows the average annual salary for postsecondary economics teachers in Indianapolis-Carmel, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $127,460. The median (50th percentile) annual salary is $106,970. The average annual salary for the bottom 10 percent earners is $55,250.
The table and chart below show the trend of the median salary of postsecondary economics teachers from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2018 | $106,970 | 2.75% | 18.45% |
| 2017 | $104,030 | 1.39% | - |
| 2016 | $102,580 | 17.47% | - |
| 2015 | $84,660 | -3.74% | - |
| 2014 | $87,830 | 0.68% | - |
| 2013 | $87,230 | - | - |
From Table 3 we note that with a median annual salary of $106,970, Indianapolis-Carmel is the highest paying city for postsecondary economics teachers in state of Indiana, followed by Fort Wayne (median annual salary $83,620). In comparison, the median annual salary of postsecondary economics teachers in Indianapolis-Carmel is 21.8 percent (21.8%) higher than that in Fort Wayne.
| Cities/Areas | Median Annual Salary |
|---|---|
| Indianapolis-Carmel | |
| Fort Wayne |