The annual salary statistics of postsecondary business teachers in Durham-Chapel Hill, North Carolina is shown in Table 1. The wage information of postsecondary business teachers in Durham-Chapel Hill 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 | $40,090 |
| 25th Percentile Wage | $59,920 |
| 50th Percentile Wage | $130,460 |
| 75th Percentile Wage | $208,540 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for postsecondary business teachers in Durham-Chapel Hill, North Carolina in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $208,540. The median (50th percentile) annual salary is $130,460. The average annual salary for the bottom 10 percent earners is $40,090.
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 | $130,460 | 24.24% | -15.40% |
| 2021 | $98,830 | -17.47% | - |
| 2020 | $116,100 | 7.13% | - |
| 2019 | $107,820 | -1.77% | - |
| 2018 | $109,730 | 0.58% | - |
| 2017 | $109,090 | -27.08% | - |
| 2016 | $138,630 | -28.97% | - |
| 2015 | $178,790 | 20.16% | - |
| 2013 | $142,740 | -5.47% | - |
| 2012 | $150,550 | - | - |
From Table 3 we note that with a median annual salary of $130,460, Durham-Chapel Hill is the highest paying city for postsecondary business teachers in state of North Carolina, followed by Western North Carolina nonmetropolitan area (median annual salary $109,430). In comparison, the median annual salary of postsecondary business teachers in Durham-Chapel Hill is 16.1 percent (16.1%) higher than that in Western North Carolina nonmetropolitan area.