The annual salary statistics of postsecondary economics teachers in Austin-Round Rock-San Marcos, Texas is shown in Table 1. The wage information of postsecondary economics teachers in Austin-Round Rock-San Marcos 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 | $82,400 |
| 25th Percentile Wage | $105,880 |
| 50th Percentile Wage | $134,100 |
| 75th Percentile Wage | $221,250 |
| 90th Percentile Wage | $184,410 |
Table 1 shows the average annual salary for postsecondary economics teachers in Austin-Round Rock-San Marcos, Texas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $184,410. The median (50th percentile) annual salary is $134,100. The average annual salary for the bottom 10 percent earners is $82,400.
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 | $134,100 | 17.60% | 15.34% |
| 2021 | $110,500 | -10.73% | - |
| 2020 | $122,360 | 1.42% | - |
| 2019 | $120,620 | 0.85% | - |
| 2018 | $119,590 | 2.42% | - |
| 2017 | $116,690 | 3.33% | - |
| 2016 | $112,800 | 10.46% | - |
| 2015 | $101,000 | -0.22% | - |
| 2014 | $101,220 | -1.87% | - |
| 2013 | $103,110 | -10.11% | - |
| 2012 | $113,530 | - | - |
From Table 3 we note that with a median annual salary of $134,100, Austin-Round Rock-San Marcos is the second highest paying city for postsecondary economics teachers in state of Texas, following the highest paying city College Station-Bryan (median annual salary of $165,580). Compared with College Station-Bryan, the median annual salary of postsecondary economics teachers in Austin-Round Rock-San Marcos is 19.0 percent (19.0%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| College Station-Bryan | |
| Austin-Round Rock-San Marcos | |
| Dallas-Fort Worth-Arlington | |
| San Antonio-New Braunfels | |
| Houston-Sugar Land-Baytown | |
| Dallas-Plano-Irving | |
| Waco | |
| McAllen-Edinburg-Mission | |
| Fort Worth-Arlington | |
| North Central Texas nonmetropolitan area |