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How to Become a Economics Teachers, Postsecondary in Minnesota

Economics Teachers, Postsecondaries in Minnesota earn a median salary of $103,920/year, which is 13% below the national average. Minnesota has a state income tax of ~5.4%. After taxes and rent, a economics teachers, postsecondary takes home approximately $4,909/month. Most positions require Bachelor's degree.

$104K
Median salary in Minnesota
-13%
vs. national average
5.4%
State income tax
240
Employed in Minnesota

What a economics teachers, postsecondary can afford in Minnesota

Gross annual salary$103,920
Est. monthly take-home (after fed + 5.4% state tax)$6,321/mo
Median 2BR rent (Minnesota)-$1,412/mo
Rent as % of take-home22.3% (within guideline)
Cost-of-living adjusted salary$103,920/yr (RPP: 100)
Monthly remaining after rent$4,909/mo

Becoming a economics teachers, postsecondary in Minnesota

1

Meet education requirements

Economics Teachers, Postsecondary positions in Minnesota typically require Bachelor's degree. Programs are available at colleges and training institutions across Minnesota. Research accredited programs in your area.

2

Gain required experience

Many economics teachers, postsecondary positions in Minnesota require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.

3

Obtain Minnesota licensure or certification

Minnesota may require specific licensing or professional certification for economics teachers, postsecondarys. Requirements vary by state — contact the Minnesota Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.

4

Find positions in Minnesota

Minnesota employs 240 economics teachers, postsecondaries. The highest concentrations are in Minneapolis-St. Paul-Bloomington.

Economics Teachers, Postsecondary salary by metro area in Minnesota

Metro areaMedianHourlyEmployment
Minneapolis-St. Paul-Bloomington$102K$/hr160

Economics Teachers, Postsecondary salary range in Minnesota

10th percentile (entry)
$65K
25th percentile
$82K
Median (50th)
$104K
75th percentile
$130K
90th percentile (senior)
$210K
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Full economics teachers, postsecondary salary breakdown in Minnesota
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After federal + 5.4% state tax
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Economics Teachers, Postsecondary careers in other states

Frequently asked questions

How much does a economics teachers, postsecondary make in Minnesota?

The median economics teachers, postsecondary salary in Minnesota is $103,920 per year ($null/hr). This is 13% below the national median of $119,980. Salaries range from $64,870 to $210,470.

What are the requirements to become a economics teachers, postsecondary in Minnesota?

Economics Teachers, Postsecondary positions in Minnesota typically require Bachelor's degree. Minnesota may have specific licensing or certification requirements. Check with the Minnesota licensing board or department of labor for current requirements.

Can a economics teachers, postsecondary afford to live in Minnesota?

At the median salary of $103,920, a economics teachers, postsecondary in Minnesota would take home approximately $6,321/month after taxes. With median 2-bedroom rent at $1,412/month, that's 22.3% of take-home pay going to housing. This is within the recommended 30% guideline.

What are the best cities for economics teachers, postsecondaries in Minnesota?

The highest paying metro areas for economics teachers, postsecondaries in Minnesota are Minneapolis-St. Paul-Bloomington ($102,130). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.

Does Minnesota have state income tax for economics teachers, postsecondaries?

Yes, Minnesota has a state income tax rate of approximately 5.4%. On a $103,920 salary, this means roughly $5,639/year in state income tax. Use our take-home pay calculator for a detailed breakdown.