The annual salary statistics of postsecondary business teachers in Kalamazoo-Portage, Michigan is shown in Table 1. The wage information of postsecondary business teachers in Kalamazoo-Portage 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 | $41,240 |
| 25th Percentile Wage | $64,640 |
| 50th Percentile Wage | $96,960 |
| 75th Percentile Wage | $134,950 |
| 90th Percentile Wage | $168,650 |
Table 1 shows the average annual salary for postsecondary business teachers in Kalamazoo-Portage, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $168,650. The median (50th percentile) annual salary is $96,960. The average annual salary for the bottom 10 percent earners is $41,240.
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 | $96,960 | 17.52% | 38.49% |
| 2021 | $79,970 | -35.23% | - |
| 2020 | $108,140 | 1.99% | - |
| 2016 | $105,990 | 2.46% | - |
| 2015 | $103,380 | 41.98% | - |
| 2014 | $59,980 | -4.28% | - |
| 2013 | $62,550 | 4.65% | - |
| 2012 | $59,640 | - | - |
From Table 3 we note that the median annual salary of $96,960 in Kalamazoo-Portage is in the middle of salary range for postsecondary business teachers in state of Michigan. In comparison, the annual salary of postsecondary business teachers in Kalamazoo-Portage is 45.7 percent (45.7%) lower than that in the highest paying Ann Arbor and 56.7 percent (56.7%) higher than that in the lowest paying Warren-Troy-Farmington Hills.