The annual salary statistics of postsecondary business teachers in South Bend-Mishawaka, Michigan is shown in Table 1. The wage data of postsecondary business teachers in South Bend-Mishawaka 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 | $45,710 |
| 25th Percentile Wage | $59,540 |
| 50th Percentile Wage | $73,780 |
| 75th Percentile Wage | $125,640 |
| 90th Percentile Wage | $168,870 |
Table 1 shows the average annual salary for postsecondary business teachers in South Bend-Mishawaka, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $168,870. The median (50th percentile) annual salary is $73,780. The average annual salary for the bottom 10 percent earners is $45,710.
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 | $73,780 | -70.81% | 5.75% |
| 2015 | $126,020 | 5.89% | - |
| 2014 | $118,600 | 4.65% | - |
| 2013 | $113,090 | 38.51% | - |
| 2012 | $69,540 | - | - |
From Table 3 we note that the median annual salary of $73,780 in South Bend-Mishawaka 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 South Bend-Mishawaka is 58.7 percent (58.7%) lower than that in the highest paying Ann Arbor and 43.1 percent (43.1%) higher than that in the lowest paying Warren-Troy-Farmington Hills.
| 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 |