The annual salary statistics of postsecondary business teachers in Blacksburg-Christiansburg-Radford, Virginia is shown in Table 1. The wage data of postsecondary business teachers in Blacksburg-Christiansburg-Radford 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 | $48,200 |
| 25th Percentile Wage | $65,470 |
| 50th Percentile Wage | $104,770 |
| 75th Percentile Wage | $135,220 |
| 90th Percentile Wage | $174,430 |
Table 1 shows the average annual salary for postsecondary business teachers in Blacksburg-Christiansburg-Radford, Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $174,430. The median (50th percentile) annual salary is $104,770. The average annual salary for the bottom 10 percent earners is $48,200.
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 | $104,770 | 0.48% | -6.92% |
| 2021 | $104,270 | 0.90% | - |
| 2020 | $103,330 | -1.51% | - |
| 2019 | $104,890 | -10.43% | - |
| 2013 | $115,830 | 3.29% | - |
| 2012 | $112,020 | - | - |
From Table 3 we note that with a median annual salary of $104,770, Blacksburg-Christiansburg-Radford is the highest paying city for postsecondary business teachers in state of Virginia, followed by Northwestern Virginia nonmetropolitan area (median annual salary $103,790). In comparison, the median annual salary of postsecondary business teachers in Blacksburg-Christiansburg-Radford is .9 percent (.9%) higher than that in Northwestern Virginia nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Blacksburg-Christiansburg-Radford | |
| Northwestern Virginia nonmetropolitan area | |
| Richmond | |
| Virginia Beach-Norfolk-Newport News | |
| Southside Virginia nonmetropolitan area | |
| Kingsport-Bristol-Bristol | |
| Roanoke | |
| Lynchburg | |
| Harrisonburg | |
| Southwestern Virginia nonmetropolitan area |