The annual salary statistics of postsecondary economics teachers in Rochester, New York is shown in Table 1. The wage data of postsecondary economics teachers in Rochester 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 | $67,220 |
| 25th Percentile Wage | $82,910 |
| 50th Percentile Wage | $155,520 |
| 75th Percentile Wage | $170,630 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for postsecondary economics teachers in Rochester, New York in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $170,630. The median (50th percentile) annual salary is $155,520. The average annual salary for the bottom 10 percent earners is $67,220.
The table and chart below show the trend of the median salary of postsecondary economics teachers from 2012 to 2020.
| Year | Median Salary | Yearly Growth | 8-Year Growth |
|---|---|---|---|
| 2020 | $155,520 | 10.85% | 29.68% |
| 2019 | $138,640 | 3.19% | - |
| 2018 | $134,220 | -2.96% | - |
| 2017 | $138,190 | 5.90% | - |
| 2016 | $130,040 | 3.19% | - |
| 2015 | $125,890 | 12.32% | - |
| 2014 | $110,380 | -1.32% | - |
| 2013 | $111,840 | 2.22% | - |
| 2012 | $109,360 | - | - |
From Table 3 we note that with a median annual salary of $155,520, Rochester is the highest paying city for postsecondary economics teachers in state of New York, followed by Ithaca (median annual salary $146,390). In comparison, the median annual salary of postsecondary economics teachers in Rochester is 5.9 percent (5.9%) higher than that in Ithaca.