The annual salary statistics of postsecondary business teachers in Louisville-Jefferson County, Kentucky is shown in Table 1. The wage information of postsecondary business teachers in Louisville-Jefferson County 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 | $48,860 |
| 25th Percentile Wage | $62,660 |
| 50th Percentile Wage | $97,640 |
| 75th Percentile Wage | $120,020 |
| 90th Percentile Wage | $162,750 |
Table 1 shows the average annual salary for postsecondary business teachers in Louisville-Jefferson County, Kentucky in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $162,750. The median (50th percentile) annual salary is $97,640. The average annual salary for the bottom 10 percent earners is $48,860.
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 | 8-Year Growth |
|---|---|---|---|
| 2022 | $97,640 | 6.32% | 25.65% |
| 2021 | $91,470 | 23.35% | - |
| 2019 | $70,110 | 4.14% | - |
| 2016 | $67,210 | -0.25% | - |
| 2015 | $67,380 | -7.75% | - |
| 2014 | $72,600 | - | - |
From Table 3 we note that the median annual salary of $97,640 in Louisville-Jefferson County is in the middle of salary range for postsecondary business teachers in state of Kentucky. In comparison, the annual salary of postsecondary business teachers in Louisville-Jefferson County is 8.4 percent (8.4%) lower than that in the highest paying Evansville and 37.5 percent (37.5%) higher than that in the lowest paying East Kentucky nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Evansville | |
| Bowling Green | |
| Louisville-Jefferson County | |
| West Central Kentucky nonmetropolitan area | |
| Lexington-Fayette | |
| West Kentucky nonmetropolitan area | |
| Elizabethtown | |
| South Central Kentucky nonmetropolitan area | |
| East Kentucky nonmetropolitan area |