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Economics Teachers, Postsecondary Salary in Minneapolis-St. Paul-Bloomington, MN-WI

In Minneapolis-St. Paul-Bloomington, MN-WI, economics teachers, postsecondaries earn $102,130 at the median — $null an hour. The range runs from $67K at the entry level to $0K for experienced workers. Adjusted for local prices (RPP 104.82), that's roughly $97,434 in purchasing power. Rent on a 2-bedroom averages $1,709/month, or 27.2% of estimated take-home pay.

$102K
Median annual
$/hr
Hourly rate
$67K
Entry level (10th %)
N/A
Senior level (90th %)

So what does $102K get you in Minneapolis-St. Paul-Bloomington?

Estimated take-home pay$6,226/mo
Rent (2BR median)-$1,709/mo
Rent as % of take-home27.4% ✓ within 30% guideline
Groceries-$411/mo
Utilities-$205/mo
Transportation-$361/mo
Healthcare *-$239/mo
Left over$3,301/mo

Groceries, utilities, transportation, and healthcare scaled from national averages by Minneapolis-St. Paul-Bloomington’s Regional Price Parity (104.82). 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.

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About economics teachers, postsecondaries

U.S. employed: 160
Category: Education

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Compensation breakdown

Annual earnings by percentile, Minneapolis-St. Paul-Bloomington, MN-WI

Bar chart showing Economics Teachers, Postsecondary salary percentiles in Minneapolis-St. Paul-Bloomington, MN-WI: 10th percentile $66,830, 25th percentile $85,440, median $102,130, 75th percentile $154,990, 90th percentile N/A. Source: Bureau of Labor Statistics.10th$67K25th$85KMedian$102K75th$155K
Bar chart showing Economics Teachers, Postsecondary salary percentiles in Minneapolis-St. Paul-Bloomington, MN-WI: 10th percentile $66,830, 25th percentile $85,440, median $102,130, 75th percentile $154,990, 90th percentile N/A. Source: Bureau of Labor Statistics.

Entry-level economics teachers, postsecondaries (10th percentile) start around $67K. Mid-career wages sit at $102K. Top earners bring in N/A or more.

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Economics Teachers, Postsecondary pay across states

Median income ranked highest to lowest, compared to the national figure

StateMedian salaryvs. nationalEmployment
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
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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 Minneapolis-St. Paul-Bloomington numbers change.

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Frequently asked questions

How much do economics teachers, postsecondaries make in Minneapolis-St. Paul-Bloomington, MN-WI?

The median is $102,130 a year, that works out to about $0 an hour. But the range is wide: entry-level workers start around $66,830, and experienced economics teachers, postsecondaries can clear N/A. These are BLS numbers, based on employer-reported data, not self-reported surveys.

Is $102K enough to live in Minneapolis-St. Paul-Bloomington?

On that salary, you'd take home roughly $6,226/month after taxes. A 2-bedroom here rents for about $1,709/month, which eats 27.4% 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 Minneapolis-St. Paul-Bloomington?

Minneapolis-St. Paul-Bloomington has a Regional Price Parity of 104.82 (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 $97,434 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.

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