The annual salary statistics of postsecondary economics teachers in Boston-Cambridge-Quincy, Massachusetts is shown in Table 1. The wage data of postsecondary economics teachers in Boston-Cambridge-Quincy 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 | $64,430 |
| 25th Percentile Wage | $88,950 |
| 50th Percentile Wage | $135,040 |
| 75th Percentile Wage | No Data |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for postsecondary economics teachers in Boston-Cambridge-Quincy, Massachusetts in 5 percentile scales. The median (50th percentile) annual salary is $135,040. The average annual salary of the 25th percentile is $88,950. The average annual salary for the bottom 10 percent earners is $64,430.
The table and chart below show the trend of the median salary of postsecondary economics teachers from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $135,040 | -0.59% | 9.35% |
| 2016 | $135,830 | -2.25% | - |
| 2015 | $138,890 | 2.38% | - |
| 2014 | $135,590 | 9.66% | - |
| 2013 | $122,490 | 0.07% | - |
| 2012 | $122,410 | - | - |
From Table 3 we note that with a median annual salary of $135,040, Boston-Cambridge-Quincy is the second highest paying city for postsecondary economics teachers in state of Massachusetts, following the highest paying city Boston-Cambridge-Quincy (median annual salary of $138,050). Compared with Boston-Cambridge-Quincy, the median annual salary of postsecondary economics teachers in Boston-Cambridge-Quincy is 2.2 percent (2.2%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Boston-Cambridge-Quincy | |
| Boston-Cambridge-Quincy | |
| Springfield | |
| Worcester | |
| Brockton-Bridgewater-Easton |