The annual salary statistics of postsecondary economics teachers in Cincinnati-Middletown, Ohio is shown in Table 1. The wage data of postsecondary economics teachers in Cincinnati-Middletown 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 | $40,330 |
| 25th Percentile Wage | $64,160 |
| 50th Percentile Wage | $102,060 |
| 75th Percentile Wage | $127,100 |
| 90th Percentile Wage | $157,720 |
Table 1 shows the average annual salary for postsecondary economics teachers in Cincinnati-Middletown, Ohio in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $157,720. The median (50th percentile) annual salary is $102,060. The average annual salary for the bottom 10 percent earners is $40,330.
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 | $102,060 | -22.33% | 24.49% |
| 2021 | $124,850 | 10.07% | - |
| 2020 | $112,280 | 10.60% | - |
| 2019 | $100,380 | 10.80% | - |
| 2018 | $89,540 | -1.21% | - |
| 2017 | $90,620 | -10.73% | - |
| 2016 | $100,340 | -1.06% | - |
| 2015 | $101,400 | 3.35% | - |
| 2014 | $98,000 | 9.10% | - |
| 2013 | $89,080 | 13.48% | - |
| 2012 | $77,070 | - | - |
From Table 3 we note that the median annual salary of $102,060 in Cincinnati-Middletown is in the middle of salary range for postsecondary economics teachers in state of Ohio. In comparison, the annual salary of postsecondary economics teachers in Cincinnati-Middletown is 3.9 percent (3.9%) lower than that in the highest paying Other Ohio nonmetropolitan area and 27.1 percent (27.1%) higher than that in the lowest paying Dayton.
| Cities/Areas | Median Annual Salary |
|---|---|
| Other Ohio nonmetropolitan area | |
| Columbus | |
| Cincinnati-Middletown | |
| Cleveland-Elyria-Mentor | |
| Southern Ohio nonmetropolitan area | |
| Toledo | |
| Dayton |