The annual salary statistics of postsecondary economics teachers in Durham-Chapel Hill, North Carolina is shown in Table 1. The wage data of postsecondary economics 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 | $46,900 |
| 25th Percentile Wage | $72,030 |
| 50th Percentile Wage | $114,770 |
| 75th Percentile Wage | $186,060 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for postsecondary economics 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 $186,060. The median (50th percentile) annual salary is $114,770. The average annual salary for the bottom 10 percent earners is $46,900.
The table and chart below show the trend of the median salary of postsecondary economics teachers from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $114,770 | -9.44% | -5.98% |
| 2017 | $125,600 | 3.16% | - |
| 2016 | $121,630 | -14.77% | - |
| 2015 | $139,600 | 4.36% | - |
| 2014 | $133,510 | 8.90% | - |
| 2012 | $121,630 | - | - |
From Table 3 we note that with a median annual salary of $114,770, Durham-Chapel Hill is the highest paying city for postsecondary economics teachers in state of North Carolina, followed by Greensboro-High Point (median annual salary $100,630). In comparison, the median annual salary of postsecondary economics teachers in Durham-Chapel Hill is 12.3 percent (12.3%) higher than that in Greensboro-High Point.
| Cities/Areas | Median Annual Salary |
|---|---|
| Durham-Chapel Hill | |
| Greensboro-High Point | |
| Raleigh-Cary |