The annual salary statistics of postsecondary business teachers in Utica-Rome, New York is shown in Table 1. The wage statistics of postsecondary business teachers in Utica-Rome 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 | $36,190 |
| 25th Percentile Wage | $46,970 |
| 50th Percentile Wage | $62,340 |
| 75th Percentile Wage | $101,250 |
| 90th Percentile Wage | $126,140 |
Table 1 shows the average annual salary for postsecondary business teachers in Utica-Rome, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $126,140. The median (50th percentile) annual salary is $62,340. The average annual salary for the bottom 10 percent earners is $36,190.
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 | $62,340 | -24.61% | 31.50% |
| 2021 | $77,680 | 1.24% | - |
| 2020 | $76,720 | -1.25% | - |
| 2019 | $77,680 | 7.83% | - |
| 2018 | $71,600 | 40.29% | - |
| 2017 | $42,750 | 0.12% | - |
| 2016 | $42,700 | -2.79% | - |
| 2015 | $43,890 | 2.71% | - |
| 2012 | $42,700 | - | - |
From Table 3 we note that the median annual salary of $62,340 in Utica-Rome 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 Utica-Rome is 61.2 percent (61.2%) lower than that in the highest paying Ithaca and 23.9 percent (23.9%) higher than that in the lowest paying Poughkeepsie-Newburgh-Middletown.