The annual salary statistics of postsecondary business teachers in Philadelphia-Camden-Wilmington, Pennsylvania is shown in Table 1. The wage data of postsecondary business teachers in Philadelphia-Camden-Wilmington 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 | $47,660 |
| 25th Percentile Wage | $60,780 |
| 50th Percentile Wage | $92,880 |
| 75th Percentile Wage | $137,630 |
| 90th Percentile Wage | $210,380 |
Table 1 shows the average annual salary for postsecondary business teachers in Philadelphia-Camden-Wilmington, Pennsylvania in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $210,380. The median (50th percentile) annual salary is $92,880. The average annual salary for the bottom 10 percent earners is $47,660.
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 | $92,880 | -6.41% | 16.03% |
| 2021 | $98,830 | 12.50% | - |
| 2020 | $86,480 | -5.97% | - |
| 2019 | $91,640 | 9.58% | - |
| 2018 | $82,860 | 9.92% | - |
| 2017 | $74,640 | 12.14% | - |
| 2016 | $65,580 | -5.05% | - |
| 2015 | $68,890 | -9.83% | - |
| 2014 | $75,660 | -7.59% | - |
| 2013 | $81,400 | 4.19% | - |
| 2012 | $77,990 | - | - |
From Table 3 we note that the median annual salary of $92,880 in Philadelphia-Camden-Wilmington 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 Philadelphia-Camden-Wilmington is 33.8 percent (33.8%) lower than that in the highest paying Northeastern Pennsylvania nonmetropolitan area and 44.4 percent (44.4%) higher than that in the lowest paying Johnstown.