The annual salary statistics of postsecondary economics teachers in Lexington-Fayette, Kentucky is shown in Table 1. The wage information of postsecondary economics teachers in Lexington-Fayette 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 | $37,560 |
| 25th Percentile Wage | $68,080 |
| 50th Percentile Wage | $90,860 |
| 75th Percentile Wage | $115,910 |
| 90th Percentile Wage | $162,740 |
Table 1 shows the average annual salary for postsecondary economics teachers in Lexington-Fayette, Kentucky in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $162,740. The median (50th percentile) annual salary is $90,860. The average annual salary for the bottom 10 percent earners is $37,560.
From Table 3 we note that with a median annual salary of $90,860, Lexington-Fayette is the second highest paying city for postsecondary economics teachers in state of Kentucky, following the highest paying city Louisville-Jefferson County (median annual salary of $91,910). Compared with Louisville-Jefferson County, the median annual salary of postsecondary economics teachers in Lexington-Fayette is 1.1 percent (1.1%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Louisville-Jefferson County | |
| Lexington-Fayette | |
| West Central Kentucky nonmetropolitan area |