The annual salary statistics of postsecondary business teachers in Portland-South Portland-Biddeford, Maine is shown in Table 1. The wage information of postsecondary business teachers in Portland-South Portland-Biddeford 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 | $53,000 |
| 25th Percentile Wage | $59,380 |
| 50th Percentile Wage | $66,730 |
| 75th Percentile Wage | $107,850 |
| 90th Percentile Wage | $137,060 |
Table 1 shows the average annual salary for postsecondary business teachers in Portland-South Portland-Biddeford, Maine in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $137,060. The median (50th percentile) annual salary is $66,730. The average annual salary for the bottom 10 percent earners is $53,000.
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 | 10-Year Growth |
|---|---|---|---|
| 2022 | $66,730 | -14.42% | -29.21% |
| 2021 | $76,350 | 11.60% | - |
| 2020 | $67,490 | 7.51% | - |
| 2019 | $62,420 | -1.65% | - |
| 2018 | $63,450 | 4.14% | - |
| 2017 | $60,820 | -44.64% | - |
| 2015 | $87,970 | -0.52% | - |
| 2014 | $88,430 | -3.40% | - |
| 2013 | $91,440 | 5.71% | - |
| 2012 | $86,220 | - | - |
From Table 3 we note that the median annual salary of $66,730 in Portland-South Portland-Biddeford is in the middle of salary range for postsecondary business teachers in state of Maine. In comparison, the annual salary of postsecondary business teachers in Portland-South Portland-Biddeford is 17.5 percent (17.5%) lower than that in the highest paying Southwest Maine nonmetropolitan area and 17.5 percent (17.5%) higher than that in the lowest paying Northeast Maine nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Southwest Maine nonmetropolitan area | |
| Bangor | |
| Portland-South Portland-Biddeford | |
| Northeast Maine nonmetropolitan area |