The annual salary statistics of postsecondary psychology teachers in Grand Rapids-Wyoming, Michigan is shown in Table 1. The wage information of postsecondary psychology teachers in Grand Rapids-Wyoming 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 | $48,220 |
| 25th Percentile Wage | $73,420 |
| 50th Percentile Wage | $82,370 |
| 75th Percentile Wage | $108,380 |
| 90th Percentile Wage | $124,200 |
Table 1 shows the average annual salary for postsecondary psychology teachers in Grand Rapids-Wyoming, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $124,200. The median (50th percentile) annual salary is $82,370. The average annual salary for the bottom 10 percent earners is $48,220.
The table and chart below show the trend of the median salary of postsecondary psychology teachers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 7-Year Growth |
|---|---|---|---|
| 2022 | $82,370 | 0.47% | 16.80% |
| 2021 | $81,980 | 8.10% | - |
| 2020 | $75,340 | 20.35% | - |
| 2019 | $60,010 | -14.20% | - |
| 2015 | $68,530 | - | - |
From Table 3 we note that the median annual salary of $82,370 in Grand Rapids-Wyoming is in the middle of salary range for postsecondary psychology teachers in state of Michigan. In comparison, the annual salary of postsecondary psychology teachers in Grand Rapids-Wyoming is 25.0 percent (25.0%) lower than that in the highest paying Lansing-East Lansing and 24.7 percent (24.7%) higher than that in the lowest paying Warren-Troy-Farmington Hills.
| Cities/Areas | Median Annual Salary |
|---|---|
| Lansing-East Lansing | |
| Ann Arbor | |
| Detroit-Livonia-Dearborn | |
| Detroit-Warren-Livonia | |
| Grand Rapids-Wyoming | |
| Kalamazoo-Portage | |
| Balance of Lower Peninsula of Michigan nonmetropolitan area | |
| South Bend-Mishawaka | |
| Upper Peninsula of Michigan nonmetropolitan area | |
| Warren-Troy-Farmington Hills |