The annual salary statistics of postsecondary business teachers in Raleigh-Cary, North Carolina is shown in Table 1. The wage data of postsecondary business teachers in Raleigh-Cary 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 | $45,120 |
| 25th Percentile Wage | $51,240 |
| 50th Percentile Wage | $83,320 |
| 75th Percentile Wage | $102,570 |
| 90th Percentile Wage | $174,460 |
Table 1 shows the average annual salary for postsecondary business teachers in Raleigh-Cary, North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $174,460. The median (50th percentile) annual salary is $83,320. The average annual salary for the bottom 10 percent earners is $45,120.
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 | $83,320 | 1.61% | 3.74% |
| 2021 | $81,980 | 7.27% | - |
| 2020 | $76,020 | -14.51% | - |
| 2019 | $87,050 | 3.96% | - |
| 2018 | $83,600 | 3.22% | - |
| 2017 | $80,910 | 15.46% | - |
| 2016 | $68,400 | 1.14% | - |
| 2015 | $67,620 | 2.97% | - |
| 2014 | $65,610 | -18.70% | - |
| 2013 | $77,880 | -2.98% | - |
| 2012 | $80,200 | - | - |
From Table 3 we note that the median annual salary of $83,320 in Raleigh-Cary is in the middle of salary range for postsecondary business teachers in state of North Carolina. In comparison, the annual salary of postsecondary business teachers in Raleigh-Cary is 36.1 percent (36.1%) lower than that in the highest paying Durham-Chapel Hill and 32.4 percent (32.4%) higher than that in the lowest paying Hickory-Lenoir-Morganton.