The annual salary statistics of postsecondary economics teachers in Minneapolis-St Paul-Bloomington, Wisconsin is shown in Table 1. The wage data of postsecondary economics teachers in Minneapolis-St Paul-Bloomington 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 | $54,840 |
| 25th Percentile Wage | $82,050 |
| 50th Percentile Wage | $97,040 |
| 75th Percentile Wage | $130,950 |
| 90th Percentile Wage | $207,660 |
Table 1 shows the average annual salary for postsecondary economics teachers in Minneapolis-St Paul-Bloomington, Wisconsin in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $207,660. The median (50th percentile) annual salary is $97,040. The average annual salary for the bottom 10 percent earners is $54,840.
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 | $97,040 | -2.93% | 20.37% |
| 2021 | $99,880 | 6.27% | - |
| 2020 | $93,620 | -11.53% | - |
| 2019 | $104,410 | 3.86% | - |
| 2018 | $100,380 | -6.16% | - |
| 2017 | $106,560 | 6.27% | - |
| 2016 | $99,880 | -4.33% | - |
| 2015 | $104,200 | 16.40% | - |
| 2014 | $87,110 | -8.61% | - |
| 2013 | $94,610 | 18.33% | - |
| 2012 | $77,270 | - | - |
From Table 3 we note that the median annual salary of $97,040 in Minneapolis-St Paul-Bloomington is in the middle of salary range for postsecondary economics teachers in state of Wisconsin. In comparison, the annual salary of postsecondary economics teachers in Minneapolis-St Paul-Bloomington is 30.6 percent (30.6%) lower than that in the highest paying Madison and 24.9 percent (24.9%) higher than that in the lowest paying Lake County-Kenosha County.
| Cities/Areas | Median Annual Salary |
|---|---|
| Madison | |
| Milwaukee-Waukesha-West Allis | |
| Minneapolis-St Paul-Bloomington | |
| West Central Wisconsin nonmetropolitan area | |
| Lake County-Kenosha County |