The annual salary statistics of postsecondary business teachers in Bangor, Maine is shown in Table 1. The wage data of postsecondary business teachers in Bangor 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 | $37,230 |
| 25th Percentile Wage | $49,030 |
| 50th Percentile Wage | $74,980 |
| 75th Percentile Wage | $118,580 |
| 90th Percentile Wage | $140,800 |
Table 1 shows the average annual salary for postsecondary business teachers in Bangor, Maine in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $140,800. The median (50th percentile) annual salary is $74,980. The average annual salary for the bottom 10 percent earners is $37,230.
The table and chart below show the trend of the median salary of postsecondary business teachers from 2012 to 2020.
| Year | Median Salary | Yearly Growth | 8-Year Growth |
|---|---|---|---|
| 2020 | $74,980 | 16.24% | 17.15% |
| 2019 | $62,800 | 4.63% | - |
| 2018 | $59,890 | -0.82% | - |
| 2017 | $60,380 | -2.88% | - |
| 2016 | $62,120 | 0.45% | - |
| 2015 | $61,840 | -0.45% | - |
| 2012 | $62,120 | - | - |
From Table 3 we note that with a median annual salary of $74,980, Bangor is the second highest paying city for postsecondary business teachers in state of Maine, following the highest paying city Southwest Maine nonmetropolitan area (median annual salary of $80,930). Compared with Southwest Maine nonmetropolitan area, the median annual salary of postsecondary business teachers in Bangor is 7.4 percent (7.4%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Southwest Maine nonmetropolitan area | |
| Bangor | |
| Portland-South Portland-Biddeford | |
| Northeast Maine nonmetropolitan area |