The annual salary statistics of postsecondary business teachers in Lansing-East Lansing, Michigan is shown in Table 1. The wage statistics of postsecondary business teachers in Lansing-East Lansing 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 | $65,600 |
| 25th Percentile Wage | $100,530 |
| 50th Percentile Wage | $135,530 |
| 75th Percentile Wage | $215,700 |
| 90th Percentile Wage | $164,950 |
Table 1 shows the average annual salary for postsecondary business teachers in Lansing-East Lansing, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $164,950. The median (50th percentile) annual salary is $135,530. The average annual salary for the bottom 10 percent earners is $65,600.
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 | $135,530 | 1.98% | 32.09% |
| 2021 | $132,840 | 10.50% | - |
| 2020 | $118,890 | 4.52% | - |
| 2019 | $113,520 | -1.19% | - |
| 2018 | $114,870 | -16.85% | - |
| 2017 | $134,230 | 31.43% | - |
| 2016 | $92,040 | 4.32% | - |
| 2015 | $88,060 | 1.56% | - |
| 2014 | $86,690 | 1.41% | - |
| 2013 | $85,470 | -7.69% | - |
| 2012 | $92,040 | - | - |
From Table 3 we note that with a median annual salary of $135,530, Lansing-East Lansing is the second highest paying city for postsecondary business teachers in state of Michigan, following the highest paying city Ann Arbor (median annual salary of $178,550). Compared with Ann Arbor, the median annual salary of postsecondary business teachers in Lansing-East Lansing is 24.1 percent (24.1%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Ann Arbor | |
| Lansing-East Lansing | |
| Upper Peninsula of Michigan nonmetropolitan area | |
| Balance of Lower Peninsula of Michigan nonmetropolitan area | |
| Detroit-Warren-Livonia | |
| Detroit-Livonia-Dearborn | |
| Kalamazoo-Portage | |
| Flint | |
| Grand Rapids-Wyoming | |
| South Bend-Mishawaka | |
| Warren-Troy-Farmington Hills |