The annual salary statistics of postsecondary business teachers in Cleveland-Elyria-Mentor, Ohio is shown in Table 1. The wage data of postsecondary business teachers in Cleveland-Elyria-Mentor 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 | $50,090 |
| 25th Percentile Wage | $62,770 |
| 50th Percentile Wage | $79,930 |
| 75th Percentile Wage | $104,580 |
| 90th Percentile Wage | $168,090 |
Table 1 shows the average annual salary for postsecondary business teachers in Cleveland-Elyria-Mentor, Ohio in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $168,090. The median (50th percentile) annual salary is $79,930. The average annual salary for the bottom 10 percent earners is $50,090.
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 | $79,930 | 23.18% | 9.88% |
| 2021 | $61,400 | -18.73% | - |
| 2015 | $72,900 | 0.01% | - |
| 2014 | $72,890 | -5.64% | - |
| 2013 | $77,000 | 6.45% | - |
| 2012 | $72,030 | - | - |
From Table 3 we note that the median annual salary of $79,930 in Cleveland-Elyria-Mentor is in the middle of salary range for postsecondary business teachers in state of Ohio. In comparison, the annual salary of postsecondary business teachers in Cleveland-Elyria-Mentor is 24.4 percent (24.4%) lower than that in the highest paying Southern Ohio nonmetropolitan area and 28.8 percent (28.8%) higher than that in the lowest paying Other Ohio nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Southern Ohio nonmetropolitan area | |
| Akron | |
| Toledo | |
| Columbus | |
| Cincinnati-Middletown | |
| Cleveland-Elyria-Mentor | |
| Dayton | |
| Canton-Massillon | |
| Eastern Ohio nonmetropolitan area | |
| West Northwestern Ohio nonmetropolitan area | |
| Lima | |
| Other Ohio nonmetropolitan area |