The annual salary statistics of postsecondary psychology teachers in Indianapolis-Carmel, Indiana is shown in Table 1. The wage data of postsecondary psychology 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 | $45,780 |
| 25th Percentile Wage | $48,410 |
| 50th Percentile Wage | $64,150 |
| 75th Percentile Wage | $97,010 |
| 90th Percentile Wage | $128,550 |
Table 1 shows the average annual salary for postsecondary psychology 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 $128,550. The median (50th percentile) annual salary is $64,150. The average annual salary for the bottom 10 percent earners is $45,780.
The table and chart below show the trend of the median salary of postsecondary psychology teachers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 9-Year Growth |
|---|---|---|---|
| 2022 | $64,150 | 4.05% | -12.14% |
| 2021 | $61,550 | -15.58% | - |
| 2018 | $71,140 | 1.57% | - |
| 2017 | $70,020 | 16.62% | - |
| 2016 | $58,380 | -0.72% | - |
| 2015 | $58,800 | 2.01% | - |
| 2014 | $57,620 | -24.85% | - |
| 2013 | $71,940 | - | - |
From Table 3 we note that with a median annual salary of $64,150, Indianapolis-Carmel is the second highest paying city for postsecondary psychology teachers in state of Indiana, following the highest paying city Central Indiana nonmetropolitan area (median annual salary of $73,310). Compared with Central Indiana nonmetropolitan area, the median annual salary of postsecondary psychology teachers in Indianapolis-Carmel is 12.5 percent (12.5%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Central Indiana nonmetropolitan area | |
| Indianapolis-Carmel | |
| Northern Indiana nonmetropolitan area | |
| Fort Wayne |