The annual salary statistics of postsecondary economics teachers in New York-Northern New Jersey-Long Island, New York is shown in Table 1. The wage data of postsecondary economics teachers in New York-Northern New Jersey-Long Island 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 | $62,590 |
| 25th Percentile Wage | $99,260 |
| 50th Percentile Wage | $128,740 |
| 75th Percentile Wage | $168,850 |
| 90th Percentile Wage | $227,300 |
Table 1 shows the average annual salary for postsecondary economics teachers in New York-Northern New Jersey-Long Island, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $227,300. The median (50th percentile) annual salary is $128,740. The average annual salary for the bottom 10 percent earners is $62,590.
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 | $128,740 | 0.18% | 14.44% |
| 2021 | $128,510 | -0.84% | - |
| 2020 | $129,590 | 1.33% | - |
| 2019 | $127,860 | 11.68% | - |
| 2018 | $112,920 | 3.10% | - |
| 2017 | $109,420 | 3.13% | - |
| 2016 | $105,990 | -8.10% | - |
| 2015 | $114,570 | -6.32% | - |
| 2014 | $121,810 | -0.29% | - |
| 2013 | $122,160 | 9.83% | - |
| 2012 | $110,150 | - | - |
From Table 3 we note that the median annual salary of $128,740 in New York-Northern New Jersey-Long Island 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 New York-Northern New Jersey-Long Island is 17.2 percent (17.2%) lower than that in the highest paying Rochester and 49.9 percent (49.9%) higher than that in the lowest paying Southwest New York nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Rochester | |
| Ithaca | |
| New York-Northern New Jersey-Long Island | |
| New York-White Plains-Wayne | |
| Syracuse | |
| Buffalo-Niagara Falls | |
| Albany-Schenectady-Troy | |
| Poughkeepsie-Newburgh-Middletown | |
| Capital-Northern New York nonmetropolitan area | |
| Central East New York nonmetropolitan area | |
| Nassau-Suffolk | |
| Utica-Rome | |
| Southwest New York nonmetropolitan area |