Economics Teachers, Postsecondary Salary
In Knoxville, TN, economics teachers, postsecondaries earn $162,850 at the median. The range runs from $73K at the entry level to $269K for experienced workers. Cost of living is below average (RPP 92.57), which stretches that salary to about $175,921 in buying power. Rent on a 2-bedroom averages $1,471/month, or 14% of estimated take-home pay.
So what does $163K get you in Knoxville?
Groceries, utilities, transportation, and healthcare scaled from national averages by Knoxville’s Regional Price Parity (92.57). 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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What this looks like in Knoxville
Knoxville sits well above the national pay line for economics teachers, postsecondary, local pay runs about 31% higher than the U.S. median of $124K. Housing is manageable: a 2-bedroom at the HUD median costs $1,471/month, 14.5% of take-home, well inside the 30% guideline. Regional Price Parity sits at 92.57 (national = 100), meaning everyday costs run about 7% cheaper here. Your dollar stretches further than the headline salary suggests. Combined with manageable housing costs, Knoxville offers a genuinely strong financial position for economics teachers, postsecondarys at the median.
Compared to nearby metros
Median pay for economics teachers, postsecondaries in metros near Knoxville, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Nashville-Davidson--Murfreesboro--Franklin | $129K | $134K |
| Atlanta-Sandy Springs-Roswell | $133K | $133K |
| Virginia Beach-Chesapeake-Norfolk | $129K | $132K |
| Charlotte-Concord-Gastonia | $97K | $99K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Knoxville, TN
Entry-level economics teachers, postsecondaries (10th percentile) start around $73K. Mid-career wages sit at $163K. Top earners bring in $269K or more, a $196K spread from bottom to top.
Economics Teachers, Postsecondary pay across states
Median income ranked highest to lowest, compared to the national figure
View Economics Teachers, Postsecondary salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New Hampshire | $202K | +63% | 80 |
| Massachusetts | $164K | +33% | 750 |
| District of Columbia | $162K | +31% | 220 |
| Connecticut | $156K | +26% | 300 |
| California | $137K | +11% | 770 |
| Arizona | $137K | +11% | 100 |
| Oregon | $136K | +10% | 180 |
| Vermont | $135K | +9% | 80 |
| Maryland | $134K | +8% | 200 |
| Louisiana | $133K | +7% | 70 |
| Nebraska | $131K | +6% | 90 |
| Michigan | $129K | +4% | 350 |
| Virginia | $129K | +4% | 460 |
| Utah | $128K | +4% | 150 |
| New York | $128K | +3% | 1,240 |
| Maine | $126K | +2% | 70 |
| Illinois | $125K | +1% | 460 |
| Texas | $119K | -4% | 770 |
| Pennsylvania | $118K | -5% | 610 |
| Georgia | $118K | -5% | 370 |
| Missouri | $117K | -6% | 150 |
| North Carolina | $114K | -8% | 490 |
| New Mexico | $110K | -11% | 60 |
| New Jersey | $110K | -11% | 410 |
| South Carolina | $109K | -12% | 110 |
| Minnesota | $108K | -12% | 250 |
| Oklahoma | $107K | -13% | 110 |
| Kentucky | $106K | -14% | 120 |
| Ohio | $106K | -15% | 410 |
| Indiana | $105K | -15% | 150 |
| Tennessee | $105K | -16% | 250 |
| Kansas | $103K | -16% | 130 |
| Alabama | $101K | -18% | 90 |
| Wisconsin | $100K | -19% | 310 |
| Colorado | $99K | -20% | 270 |
| Washington | $97K | -22% | 190 |
| West Virginia | $91K | -26% | 40 |
| Florida | $91K | -26% | 150 |
| Mississippi | $88K | -29% | 70 |
| South Dakota | $86K | -31% | 40 |
| Iowa | $85K | -31% | 80 |
| Arkansas | $77K | -38% | 40 |
Showing 1–10 of 42 states with published data
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 Knoxville numbers change.
Related careers in Education
Frequently asked questions
Can a economics teachers, postsecondary afford a 2BR apartment alone in Knoxville?
Yes — at the median salary of $163K, rent takes 14.5% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,471/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for economics teachers, postsecondaries in Knoxville?
The 10th-percentile wage — what new economics teachers, postsecondaries typically earn — is $73K/year. Take-home on that works out to about $4,369/month. At HUD’s $1,471/month FMR, rent would take 34% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is economics teachers, postsecondary a high-paying job in Knoxville?
Local pay is 31% above the national median — $163K here vs. $124K nationally.
How does Knoxville compare to the national average for economics teachers, postsecondaries?
Knoxville pays $163K median vs. the U.S. average of $124K — that’s +31%. After adjusting for local cost of living (RPP 92.57), the purchasing-power equivalent is $176K — still ahead of the national median.
How much do economics teachers, postsecondaries make in Knoxville, TN?
The median is $162,850 a year. But the range is wide: entry-level workers start around $72,810, and experienced economics teachers, postsecondaries can clear $269,150. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $163K enough to live in Knoxville?
On that salary, you'd take home roughly $10,172/month after taxes. A 2-bedroom here rents for about $1,471/month, which eats 14.5% 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 Knoxville?
Knoxville has a Regional Price Parity of 92.57 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median economics teachers, postsecondary salary is worth about $175,921 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.
