The annual salary statistics of postsecondary business teachers in Newark-Union, Pennsylvania is shown in Table 1. The wage information of postsecondary business teachers in Newark-Union 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 | $39,740 |
| 25th Percentile Wage | $58,260 |
| 50th Percentile Wage | $92,000 |
| 75th Percentile Wage | $135,290 |
| 90th Percentile Wage | $188,290 |
Table 1 shows the average annual salary for postsecondary business teachers in Newark-Union, Pennsylvania in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $188,290. The median (50th percentile) annual salary is $92,000. The average annual salary for the bottom 10 percent earners is $39,740.
The table and chart below show the trend of the median salary of postsecondary business teachers from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $92,000 | -2.74% | -8.14% |
| 2016 | $94,520 | -5.86% | - |
| 2015 | $100,060 | 4.43% | - |
| 2014 | $95,630 | -5.65% | - |
| 2013 | $101,030 | 1.52% | - |
| 2012 | $99,490 | - | - |
From Table 3 we note that the median annual salary of $92,000 in Newark-Union is in the middle of salary range for postsecondary business teachers in state of Pennsylvania. In comparison, the annual salary of postsecondary business teachers in Newark-Union is 34.4 percent (34.4%) lower than that in the highest paying Northeastern Pennsylvania nonmetropolitan area and 43.8 percent (43.8%) higher than that in the lowest paying Johnstown.