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Economics Teachers, Postsecondary Salary in U.S.

In U.S., economics teachers, postsecondarys earn $119,980 at the median. The range runs from $58K at the entry level to $217K for experienced workers.

AffordMap analysis of BLS Occupational Employment and Wage Statistics (latest release, May 2024)

$120K
Median annual
N/A
Hourly rate
$58K
Entry level (10th %)
$217K
Senior level (90th %)

So what does $120K get you in U.S.?

Estimated monthly take-home$7,730/mo
Median 2BR rent-$1,412/mo
Rent as % of take-home18.3% (within guideline)
Cost-of-living adjusted salary$119,980/yr
Monthly remaining after rent$6,318/mo
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About economics teachers, postsecondarys

U.S. employed: 12,420
Category: Education
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Currently hiring in U.S.
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Compensation breakdown

Annual earnings by percentile, U.S.

Bar chart showing Economics Teachers, Postsecondary salary percentiles in U.S.: 10th percentile $57,550, 25th percentile $80,850, median $119,980, 75th percentile $166,600, 90th percentile $217,160. Source: Bureau of Labor Statistics.10th$58K25th$81KMedian$120K75th$167K90th$217K
Bar chart showing Economics Teachers, Postsecondary salary percentiles in U.S.: 10th percentile $57,550, 25th percentile $80,850, median $119,980, 75th percentile $166,600, 90th percentile $217,160. Source: Bureau of Labor Statistics.

Entry-level economics teachers, postsecondarys (10th percentile) start around $58K. Mid-career wages sit at $120K.Top earners bring in $217K or more - a $160K spread from bottom to top.

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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

Track economics teachers, postsecondary salary changes

BLS updates this data quarterly. We'll email you when U.S. numbers change.

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Frequently asked questions

How much do economics teachers, postsecondarys make in U.S.?

The median is $119,980 a year. The range is wide: entry-level workers start around $57,550, and experienced economics teachers, postsecondarys can clear $217,160. These are BLS numbers, based on employer-reported data, not self-reported surveys.

Is $120K enough to live in U.S.?

On that salary, you'd take home roughly $7,730/month after taxes. A 2-bedroom here rents for about $1,412/month, which eats 18.3% 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 U.S.?

U.S. has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median economics teachers, postsecondary salary is worth about $119,980 in national-average purchasing power.

Where do economics teachers, postsecondarys 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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