The annual salary statistics of postsecondary education teachers in Lexington-Fayette, Kentucky is shown in Table 1. The wage data of postsecondary education 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 | $38,500 |
| 25th Percentile Wage | $38,500 |
| 50th Percentile Wage | $56,530 |
| 75th Percentile Wage | $76,420 |
| 90th Percentile Wage | $116,750 |
Table 1 shows the average annual salary for postsecondary education 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 $116,750. The median (50th percentile) annual salary is $56,530. The average annual salary for the bottom 10 percent earners is $38,500.
The table and chart below show the trend of the median salary of postsecondary education teachers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2022 | $56,530 | -8.12% | -21.42% |
| 2021 | $61,120 | -10.83% | - |
| 2020 | $67,740 | 3.35% | - |
| 2019 | $65,470 | 23.00% | - |
| 2017 | $50,410 | -36.16% | - |
| 2016 | $68,640 | - | - |
From Table 3 we note that the median annual salary of $56,530 in Lexington-Fayette is in the middle of salary range for postsecondary education teachers in state of Kentucky. In comparison, the annual salary of postsecondary education teachers in Lexington-Fayette is 21.5 percent (21.5%) lower than that in the highest paying Louisville-Jefferson County and 11.6 percent (11.6%) higher than that in the lowest paying South Central Kentucky nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Louisville-Jefferson County | |
| West Kentucky nonmetropolitan area | |
| West Central Kentucky nonmetropolitan area | |
| Lexington-Fayette | |
| Evansville | |
| East Kentucky nonmetropolitan area | |
| South Central Kentucky nonmetropolitan area |