Economics Teachers, Postsecondary Salary
In Lexington-Fayette, KY, economics teachers, postsecondaries earn $220,690 at the median. The range runs from $60K at the entry level to $379K for experienced workers. Cost of living is below average (RPP 92.89), which stretches that salary to about $237,582 in buying power. Rent on a 2-bedroom averages $1,272/month, or 9.7% of estimated take-home pay.
So what does $221K get you in Lexington-Fayette?
Groceries, utilities, transportation, and healthcare scaled from national averages by Lexington-Fayette’s Regional Price Parity (92.89). 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
Sponsored links, AffordMap may earn a commission at no cost to you. Learn more
What this looks like in Lexington-Fayette
Lexington-Fayette sits well above the national pay line for economics teachers, postsecondary, local pay runs about 78% higher than the U.S. median of $124K. Housing is manageable: a 2-bedroom at the HUD median costs $1,272/month, 9.9% of take-home, well inside the 30% guideline. Regional Price Parity sits at 92.89 (national = 100), meaning everyday costs run about 7% cheaper here. Your dollar stretches further than the headline salary suggests. Combined with manageable housing costs, Lexington-Fayette 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 Lexington-Fayette, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Chicago-Naperville-Elgin | $124K | $120K |
| Virginia Beach-Chesapeake-Norfolk | $129K | $132K |
| Nashville-Davidson--Murfreesboro--Franklin | $129K | $134K |
| Cleveland | $103K | $109K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Lexington-Fayette, KY
Entry-level economics teachers, postsecondaries (10th percentile) start around $60K. Mid-career wages sit at $221K. Top earners bring in $379K or more, a $319K 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
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 Lexington-Fayette numbers change.
Related careers in Education
Frequently asked questions
Can a economics teachers, postsecondary afford a 2BR apartment alone in Lexington-Fayette?
Yes — at the median salary of $221K, rent takes 9.9% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,272/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for economics teachers, postsecondaries in Lexington-Fayette?
The 10th-percentile wage — what new economics teachers, postsecondaries typically earn — is $60K/year. Take-home on that works out to about $3,599/month. At HUD’s $1,272/month FMR, rent would take 35% 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 Lexington-Fayette?
Local pay is 78% above the national median — $221K here vs. $124K nationally.
How does Lexington-Fayette compare to the national average for economics teachers, postsecondaries?
Lexington-Fayette pays $221K median vs. the U.S. average of $124K — that’s +78%. After adjusting for local cost of living (RPP 92.89), the purchasing-power equivalent is $238K — still ahead of the national median.
How much do economics teachers, postsecondaries make in Lexington-Fayette, KY?
The median is $220,690 a year. But the range is wide: entry-level workers start around $59,990, and experienced economics teachers, postsecondaries can clear $378,850. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $221K enough to live in Lexington-Fayette?
On that salary, you'd take home roughly $12,890/month after taxes. A 2-bedroom here rents for about $1,272/month, which eats 9.9% 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 Lexington-Fayette?
Lexington-Fayette has a Regional Price Parity of 92.89 (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 $237,582 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.