The annual salary statistics of postsecondary business teachers in Fort Smith, Oklahoma is shown in Table 1. The wage information of postsecondary business teachers in Fort Smith 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 | $28,500 |
| 25th Percentile Wage | $32,400 |
| 50th Percentile Wage | $64,740 |
| 75th Percentile Wage | $102,500 |
| 90th Percentile Wage | $121,060 |
Table 1 shows the average annual salary for postsecondary business teachers in Fort Smith, Oklahoma in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $121,060. The median (50th percentile) annual salary is $64,740. The average annual salary for the bottom 10 percent earners is $28,500.
The table and chart below show the trend of the median salary of postsecondary business teachers from 2012 to 2020.
| Year | Median Salary | Yearly Growth | 8-Year Growth |
|---|---|---|---|
| 2020 | $64,740 | 18.91% | 29.35% |
| 2019 | $52,500 | 14.78% | - |
| 2018 | $44,740 | -26.78% | - |
| 2016 | $56,720 | 1.52% | - |
| 2015 | $55,860 | 3.20% | - |
| 2014 | $54,070 | 13.17% | - |
| 2013 | $46,950 | 2.58% | - |
| 2012 | $45,740 | - | - |
From Table 3 we note that the median annual salary of $64,740 in Fort Smith is in the middle of salary range for postsecondary business teachers in state of Oklahoma. In comparison, the annual salary of postsecondary business teachers in Fort Smith is 6.8 percent (6.8%) lower than that in the highest paying Tulsa and 20.7 percent (20.7%) higher than that in the lowest paying Northeastern Oklahoma nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Tulsa | |
| Southeastern Oklahoma nonmetropolitan area | |
| Fort Smith | |
| Northwestern Oklahoma nonmetropolitan area | |
| Oklahoma City | |
| Southwestern Oklahoma nonmetropolitan area | |
| Northeastern Oklahoma nonmetropolitan area |