The annual salary statistics of postsecondary economics teachers in Seattle-Tacoma-Bellevue, Washington is shown in Table 1. The wage statistics of postsecondary economics teachers in Seattle-Tacoma-Bellevue 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 | $53,460 |
| 25th Percentile Wage | $69,800 |
| 50th Percentile Wage | $82,510 |
| 75th Percentile Wage | $120,990 |
| 90th Percentile Wage | $161,820 |
Table 1 shows the average annual salary for postsecondary economics teachers in Seattle-Tacoma-Bellevue, Washington in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $161,820. The median (50th percentile) annual salary is $82,510. The average annual salary for the bottom 10 percent earners is $53,460.
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 | $82,510 | -45.90% | 11.74% |
| 2021 | $120,380 | 29.50% | - |
| 2020 | $84,870 | 10.69% | - |
| 2019 | $75,800 | -4.39% | - |
| 2018 | $79,130 | 8.82% | - |
| 2017 | $72,150 | 8.15% | - |
| 2016 | $66,270 | 7.73% | - |
| 2015 | $61,150 | -3.30% | - |
| 2014 | $63,170 | -5.75% | - |
| 2013 | $66,800 | -9.01% | - |
| 2012 | $72,820 | - | - |
From Table 3 we note that the median annual salary of $82,510 in Seattle-Tacoma-Bellevue is in the middle of salary range for postsecondary economics teachers in state of Washington. In comparison, the annual salary of postsecondary economics teachers in Seattle-Tacoma-Bellevue is 25.0 percent (25.0%) lower than that in the highest paying Eastern Washington nonmetropolitan area and 42.3 percent (42.3%) higher than that in the lowest paying Spokane.
| Cities/Areas | Median Annual Salary |
|---|---|
| Eastern Washington nonmetropolitan area | |
| Portland-Vancouver-Hillsboro | |
| Seattle-Tacoma-Bellevue | |
| Seattle-Bellevue-Everett | |
| Tacoma | |
| Spokane |