Economics Teachers, Postsecondary Salary in Baltimore-Columbia-Towson, MD
In Baltimore-Columbia-Towson, MD, economics teachers, postsecondaries earn $123,520 at the median. Entry-level positions start around $58K. BLS does not publish top-end wages for this occupation because they exceed the reportable ceiling. Adjusted for local prices (RPP 104.49), that's roughly $118,212 in purchasing power. Rent on a 2-bedroom averages $1,857/month, or 25.5% of estimated take-home pay.
So what does $124K get you in Baltimore-Columbia-Towson?
Groceries, utilities, transportation, and healthcare scaled from national averages by Baltimore-Columbia-Towson’s Regional Price Parity (104.49). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About economics teachers, postsecondaries
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Compensation breakdown
Annual earnings by percentile, Baltimore-Columbia-Towson, MD
Entry-level economics teachers, postsecondaries (10th percentile) start around $58K. Mid-career wages sit at $124K. Top earners bring in N/A or more.
Economics Teachers, Postsecondary pay across states
Median income ranked highest to lowest, compared to the national figure
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New Hampshire | $155K | +29% | 90 |
| Connecticut | $137K | +14% | 310 |
| Massachusetts | $135K | +13% | 760 |
| District of Columbia | $135K | +12% | 180 |
| New York | $134K | +12% | 1,360 |
| California | $133K | +11% | 1,050 |
| Arizona | $132K | +10% | 90 |
| Maryland | $128K | +7% | 180 |
| Virginia | $127K | +6% | 460 |
| New Jersey | $127K | +6% | 350 |
| Illinois | $125K | +4% | 520 |
| Michigan | $124K | +3% | 340 |
| Texas | $122K | +1% | 850 |
| Pennsylvania | $120K | +0% | 620 |
| Maine | $118K | -2% | 70 |
| Alabama | $116K | -3% | 150 |
| North Carolina | $110K | -8% | 480 |
| Iowa | $108K | -10% | 70 |
| Kentucky | $108K | -10% | 130 |
| Georgia | $108K | -10% | 340 |
| Vermont | $107K | -11% | 80 |
| New Mexico | $106K | -12% | 70 |
| Tennessee | $105K | -13% | 280 |
| Minnesota | $104K | -13% | 240 |
| Wisconsin | $104K | -14% | 230 |
| Oregon | $104K | -14% | 130 |
| Oklahoma | $103K | -14% | 110 |
| Indiana | $103K | -14% | 240 |
| Utah | $103K | -14% | 160 |
| Idaho | $102K | -15% | 50 |
| Delaware | $102K | -15% | 60 |
| South Carolina | $101K | -16% | 170 |
| Arkansas | $100K | -17% | 60 |
| Kansas | $99K | -17% | 130 |
| Ohio | $97K | -19% | 280 |
| Mississippi | $95K | -20% | 70 |
| West Virginia | $86K | -28% | 50 |
| Washington | $86K | -29% | 230 |
| Florida | $57K | -53% | 510 |
Showing 1–10 of 39 states
BLS does not publish data for every state when sample sizes are too small
Track economics teachers, postsecondary salary changes
BLS updates this data quarterly. We'll email you when Baltimore-Columbia-Towson numbers change.
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Frequently asked questions
How much do economics teachers, postsecondaries make in Baltimore-Columbia-Towson, MD?
The median is $123,520 a year, that works out to about $0 an hour. But the range is wide: entry-level workers start around $58,360, and experienced economics teachers, postsecondaries can clear N/A. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $124K enough to live in Baltimore-Columbia-Towson?
On that salary, you'd take home roughly $7,453/month after taxes. A 2-bedroom here rents for about $1,857/month, which eats 24.9% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a economics teachers, postsecondary salary go in Baltimore-Columbia-Towson?
Baltimore-Columbia-Towson has a Regional Price Parity of 104.49 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median economics teachers, postsecondary salary is worth about $118,212 in national-average purchasing power.
Where do economics teachers, postsecondaries get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.