The annual salary statistics of postsecondary economics teachers in Newark-Union, Pennsylvania is shown in Table 1. The wage data of postsecondary economics 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 | $44,690 |
| 25th Percentile Wage | $71,960 |
| 50th Percentile Wage | $108,990 |
| 75th Percentile Wage | $174,080 |
| 90th Percentile Wage | $202,560 |
Table 1 shows the average annual salary for postsecondary economics 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 $202,560. The median (50th percentile) annual salary is $108,990. The average annual salary for the bottom 10 percent earners is $44,690.
The table and chart below show the trend of the median salary of postsecondary economics teachers from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $108,990 | 6.94% | -9.41% |
| 2016 | $101,430 | -19.95% | - |
| 2015 | $121,670 | 3.83% | - |
| 2014 | $117,010 | 0.63% | - |
| 2013 | $116,270 | -2.56% | - |
| 2012 | $119,250 | - | - |
From Table 3 we note that the median annual salary of $108,990 in Newark-Union is in the middle of salary range for postsecondary economics teachers in state of Pennsylvania. In comparison, the annual salary of postsecondary economics teachers in Newark-Union is 10.6 percent (10.6%) lower than that in the highest paying Allentown-Bethlehem-Easton and 30.8 percent (30.8%) higher than that in the lowest paying Scranton--Wilkes-Barre.
| Cities/Areas | Median Annual Salary |
|---|---|
| Allentown-Bethlehem-Easton | |
| Philadelphia | |
| Newark-Union | |
| Pittsburgh | |
| Philadelphia-Camden-Wilmington | |
| Harrisburg-Carlisle | |
| East Central Pennsylvania nonmetropolitan area | |
| Far Western Pennsylvania nonmetropolitan area | |
| Scranton--Wilkes-Barre |