The annual salary statistics of postsecondary psychology teachers in Buffalo-Niagara Falls, New York is shown in Table 1. The wage data of postsecondary psychology teachers in Buffalo-Niagara Falls 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 | $30,680 |
| 25th Percentile Wage | $38,170 |
| 50th Percentile Wage | $63,740 |
| 75th Percentile Wage | $85,180 |
| 90th Percentile Wage | $131,220 |
Table 1 shows the average annual salary for postsecondary psychology teachers in Buffalo-Niagara Falls, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $131,220. The median (50th percentile) annual salary is $63,740. The average annual salary for the bottom 10 percent earners is $30,680.
The table and chart below show the trend of the median salary of postsecondary psychology teachers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $63,740 | 2.01% | 8.06% |
| 2021 | $62,460 | -0.93% | - |
| 2020 | $63,040 | -2.95% | - |
| 2019 | $64,900 | -3.44% | - |
| 2018 | $67,130 | -10.65% | - |
| 2017 | $74,280 | 0.55% | - |
| 2016 | $73,870 | 3.84% | - |
| 2015 | $71,030 | 14.80% | - |
| 2014 | $60,520 | 2.07% | - |
| 2013 | $59,270 | 1.13% | - |
| 2012 | $58,600 | - | - |
From Table 3 we note that the median annual salary of $63,740 in Buffalo-Niagara Falls is in the middle of salary range for postsecondary psychology teachers in state of New York. In comparison, the annual salary of postsecondary psychology teachers in Buffalo-Niagara Falls is 47.2 percent (47.2%) lower than that in the highest paying Binghamton and 2.3 percent (2.3%) higher than that in the lowest paying Southwest New York nonmetropolitan area.