Economics Teachers, Postsecondary Salary

Yes — at the median salary of $116K, rent takes 17.4% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,231/month. That stays under the 30% guideline most financial planners use.

The 10th-percentile wage — what new economics teachers, postsecondaries typically earn — is $67K/year. Take-home on that works out to about $4,001/month.

Pay here is roughly in line with the national average — $116K locally vs. $124K nationally, a 6% difference.

Western North Carolina nonmetropolitan area pays $116K median vs. the U.S. average of $124K — that’s -6%.

The median is $116,150 a year. But the range is wide: entry-level workers start around $66,690, and experienced economics teachers, postsecondaries can clear $162,370. These are BLS numbers, based on employer-reported data, not self-reported surveys.

On that salary, you'd take home roughly $7,073/month after taxes. A 2-bedroom here rents for about $1,231/month, which eats 17.4% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.

Western North Carolina nonmetropolitan area 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 $116,150 in national-average purchasing power.

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.