The annual salary statistics of postsecondary economics teachers in Milwaukee-Waukesha-West Allis, Wisconsin is shown in Table 1. The wage data of postsecondary economics teachers in Milwaukee-Waukesha-West Allis 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 | $43,330 |
| 25th Percentile Wage | $70,930 |
| 50th Percentile Wage | $100,320 |
| 75th Percentile Wage | $141,840 |
| 90th Percentile Wage | $172,830 |
Table 1 shows the average annual salary for postsecondary economics teachers in Milwaukee-Waukesha-West Allis, Wisconsin in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $172,830. The median (50th percentile) annual salary is $100,320. The average annual salary for the bottom 10 percent earners is $43,330.
The table and chart below show the trend of the median salary of postsecondary economics teachers from 2012 to 2020.
| Year | Median Salary | Yearly Growth | 8-Year Growth |
|---|---|---|---|
| 2020 | $100,320 | -5.60% | 12.51% |
| 2019 | $105,940 | -5.13% | - |
| 2018 | $111,380 | 3.50% | - |
| 2017 | $107,480 | 2.55% | - |
| 2016 | $104,740 | -0.78% | - |
| 2015 | $105,560 | -0.52% | - |
| 2014 | $106,110 | 6.14% | - |
| 2013 | $99,590 | 11.87% | - |
| 2012 | $87,770 | - | - |
From Table 3 we note that with a median annual salary of $100,320, Milwaukee-Waukesha-West Allis is the second highest paying city for postsecondary economics teachers in state of Wisconsin, following the highest paying city Madison (median annual salary of $139,760). Compared with Madison, the median annual salary of postsecondary economics teachers in Milwaukee-Waukesha-West Allis is 28.2 percent (28.2%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Madison | |
| Milwaukee-Waukesha-West Allis | |
| Minneapolis-St Paul-Bloomington | |
| West Central Wisconsin nonmetropolitan area | |
| Lake County-Kenosha County |