The annual salary statistics of postsecondary economics teachers in Nassau-Suffolk, New York is shown in Table 1. The wage data of postsecondary economics teachers in Nassau-Suffolk 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 | $51,280 |
| 25th Percentile Wage | $65,310 |
| 50th Percentile Wage | $80,500 |
| 75th Percentile Wage | $120,640 |
| 90th Percentile Wage | $155,750 |
Table 1 shows the average annual salary for postsecondary economics teachers in Nassau-Suffolk, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $155,750. The median (50th percentile) annual salary is $80,500. The average annual salary for the bottom 10 percent earners is $51,280.
The table and chart below show the trend of the median salary of postsecondary economics teachers from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $80,500 | 2.15% | 9.39% |
| 2016 | $78,770 | 1.66% | - |
| 2015 | $77,460 | -2.93% | - |
| 2014 | $79,730 | 8.47% | - |
| 2013 | $72,980 | 0.05% | - |
| 2012 | $72,940 | - | - |
From Table 3 we note that the median annual salary of $80,500 in Nassau-Suffolk is in the middle of salary range for postsecondary economics teachers in state of New York. In comparison, the annual salary of postsecondary economics teachers in Nassau-Suffolk is 48.2 percent (48.2%) lower than that in the highest paying Rochester and 19.9 percent (19.9%) higher than that in the lowest paying Southwest New York nonmetropolitan area.