The annual salary statistics of postsecondary business teachers in Hickory-Lenoir-Morganton, North Carolina is shown in Table 1. The wage statistics of postsecondary business teachers in Hickory-Lenoir-Morganton 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 | $41,050 |
| 25th Percentile Wage | $48,780 |
| 50th Percentile Wage | $56,300 |
| 75th Percentile Wage | $61,990 |
| 90th Percentile Wage | $65,550 |
Table 1 shows the average annual salary for postsecondary business teachers in Hickory-Lenoir-Morganton, North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $65,550. The median (50th percentile) annual salary is $56,300. The average annual salary for the bottom 10 percent earners is $41,050.
The table and chart below show the trend of the median salary of postsecondary business teachers from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $56,300 | 2.26% | -7.58% |
| 2017 | $55,030 | 0.25% | - |
| 2016 | $54,890 | -3.84% | - |
| 2015 | $57,000 | 2.28% | - |
| 2014 | $55,700 | -8.01% | - |
| 2013 | $60,160 | -0.68% | - |
| 2012 | $60,570 | - | - |
From Table 3 we note that with a median annual salary of $56,300, Hickory-Lenoir-Morganton is the lowest paying city for postsecondary business teachers in state of North Carolina, following city of Durham-Chapel Hill (median annual salary of $130,460). In comparison, the median annual salary of postsecondary business teachers in Hickory-Lenoir-Morganton is 56.8 percent (56.8%) lower than that in the highest paying city Durham-Chapel Hill.