The annual salary statistics of postsecondary business teachers in Albany-Schenectady-Troy, New York is shown in Table 1. The wage statistics of postsecondary business teachers in Albany-Schenectady-Troy 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 | $40,490 |
| 25th Percentile Wage | $53,650 |
| 50th Percentile Wage | $80,020 |
| 75th Percentile Wage | $112,310 |
| 90th Percentile Wage | $165,370 |
Table 1 shows the average annual salary for postsecondary business teachers in Albany-Schenectady-Troy, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $165,370. The median (50th percentile) annual salary is $80,020. The average annual salary for the bottom 10 percent earners is $40,490.
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 | $80,020 | 0.07% | 26.78% |
| 2021 | $79,960 | 12.61% | - |
| 2020 | $69,880 | 0.84% | - |
| 2019 | $69,290 | -26.99% | - |
| 2018 | $87,990 | -2.91% | - |
| 2017 | $90,550 | 21.54% | - |
| 2016 | $71,050 | 20.51% | - |
| 2015 | $56,480 | -0.27% | - |
| 2014 | $56,630 | -1.84% | - |
| 2013 | $57,670 | -1.60% | - |
| 2012 | $58,590 | - | - |
From Table 3 we note that the median annual salary of $80,020 in Albany-Schenectady-Troy is in the middle of salary range for postsecondary business teachers in state of New York. In comparison, the annual salary of postsecondary business teachers in Albany-Schenectady-Troy is 50.2 percent (50.2%) lower than that in the highest paying Ithaca and 40.7 percent (40.7%) higher than that in the lowest paying Poughkeepsie-Newburgh-Middletown.