The annual salary statistics of postsecondary economics teachers in Greensboro-High Point, North Carolina is shown in Table 1. The wage information of postsecondary economics teachers in Greensboro-High Point 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 | $50,550 |
| 25th Percentile Wage | $78,870 |
| 50th Percentile Wage | $100,630 |
| 75th Percentile Wage | $103,080 |
| 90th Percentile Wage | $135,870 |
Table 1 shows the average annual salary for postsecondary economics teachers in Greensboro-High Point, North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $135,870. The median (50th percentile) annual salary is $100,630. The average annual salary for the bottom 10 percent earners is $50,550.
The table and chart below show the trend of the median salary of postsecondary economics teachers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $100,630 | -1.08% | 12.35% |
| 2021 | $101,720 | 3.53% | - |
| 2020 | $98,130 | 11.22% | - |
| 2019 | $87,120 | 1.39% | - |
| 2018 | $85,910 | 1.13% | - |
| 2017 | $84,940 | -16.54% | - |
| 2016 | $98,990 | 4.93% | - |
| 2015 | $94,110 | 4.55% | - |
| 2014 | $89,830 | 0.51% | - |
| 2013 | $89,370 | 1.31% | - |
| 2012 | $88,200 | - | - |
From Table 3 we note that with a median annual salary of $100,630, Greensboro-High Point is the second highest paying city for postsecondary economics teachers in state of North Carolina, following the highest paying city Durham-Chapel Hill (median annual salary of $114,770). Compared with Durham-Chapel Hill, the median annual salary of postsecondary economics teachers in Greensboro-High Point is 12.3 percent (12.3%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Durham-Chapel Hill | |
| Greensboro-High Point | |
| Raleigh-Cary |