The annual salary statistics of postsecondary economics teachers in Philadelphia-Camden-Wilmington, Pennsylvania is shown in Table 1. The wage data of postsecondary economics 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 | $60,370 |
| 25th Percentile Wage | $76,790 |
| 50th Percentile Wage | $102,770 |
| 75th Percentile Wage | $136,380 |
| 90th Percentile Wage | $186,740 |
Table 1 shows the average annual salary for postsecondary economics 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 $186,740. The median (50th percentile) annual salary is $102,770. The average annual salary for the bottom 10 percent earners is $60,370.
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 | $102,770 | -20.14% | 9.00% |
| 2021 | $123,470 | 4.59% | - |
| 2019 | $117,800 | -5.58% | - |
| 2018 | $124,370 | 11.10% | - |
| 2017 | $110,570 | 18.12% | - |
| 2016 | $90,530 | 0.56% | - |
| 2015 | $90,020 | 1.04% | - |
| 2014 | $89,080 | -4.10% | - |
| 2013 | $92,730 | -0.85% | - |
| 2012 | $93,520 | - | - |
From Table 3 we note that the median annual salary of $102,770 in Philadelphia-Camden-Wilmington 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 Philadelphia-Camden-Wilmington is 15.7 percent (15.7%) lower than that in the highest paying Allentown-Bethlehem-Easton and 26.7 percent (26.7%) 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 |