Occupational Employment and Wages, May 2020
25-1063 Economics Teachers, Postsecondary
Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.
National estimates for Economics Teachers, Postsecondary
Industry profile for Economics Teachers, Postsecondary
Geographic profile for Economics Teachers, Postsecondary
National estimates for Economics Teachers, Postsecondary: Top
Employment estimate and mean wage estimates for Economics Teachers, Postsecondary:
| Employment (1) |
Employment
RSE (3) |
Mean hourly
wage |
Mean annual
wage (2) |
Mean wage
RSE (3) |
| 13,080 |
2.2 % |
(4) |
$ 123,720 |
1.3 % |
Percentile wage estimates for Economics Teachers, Postsecondary:
| Percentile |
10% |
25% |
50%
(Median) |
75% |
90% |
| Annual Wage (2) |
$ 53,860 |
$ 75,710 |
$ 107,260 |
$ 152,110 |
(5) |
(4)
Industry profile for Economics Teachers, Postsecondary: Top
Industries with the highest published employment and wages for Economics Teachers, Postsecondary are provided.
For a list of all industries with employment in Economics Teachers, Postsecondary, see the Create Customized Tables function.
Industries with the highest levels of employment in Economics Teachers, Postsecondary:
Industries with the highest concentration of employment in Economics Teachers, Postsecondary:
Top paying industries for Economics Teachers, Postsecondary:
Geographic profile for Economics Teachers, Postsecondary: Top
States and areas with the highest published employment, location quotients, and wages for Economics Teachers, Postsecondary are provided.
For a list of all areas with employment in Economics Teachers, Postsecondary, see the Create Customized Tables function.
States with the highest employment level in Economics Teachers, Postsecondary:
States with the highest concentration of jobs and location quotients in Economics Teachers, Postsecondary:
Top paying states for Economics Teachers, Postsecondary:
Metropolitan areas with the highest employment level in Economics Teachers, Postsecondary:
| Metropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| New York-Newark-Jersey City, NY-NJ-PA |
1,710 |
0.19 |
2.05 |
(4) |
$ 136,580 |
| Boston-Cambridge-Nashua, MA-NH |
510 |
0.20 |
2.09 |
(4) |
$ 147,070 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD |
380 |
0.14 |
1.50 |
(8) |
(8) |
| Washington-Arlington-Alexandria, DC-VA-MD-WV |
360 |
0.12 |
1.27 |
(4) |
$ 143,850 |
| Los Angeles-Long Beach-Anaheim, CA |
300 |
0.05 |
0.54 |
(4) |
$ 164,310 |
| Dallas-Fort Worth-Arlington, TX |
290 |
0.08 |
0.87 |
(4) |
$ 103,680 |
| Chicago-Naperville-Elgin, IL-IN-WI |
290 |
0.07 |
0.70 |
(4) |
$ 132,260 |
| Houston-The Woodlands-Sugar Land, TX |
240 |
0.08 |
0.86 |
(4) |
$ 111,930 |
| Minneapolis-St. Paul-Bloomington, MN-WI |
200 |
0.11 |
1.15 |
(4) |
$ 112,020 |
| Springfield, MA-CT |
160 |
0.52 |
5.56 |
(4) |
$ 130,400 |
Metropolitan areas with the highest concentration of jobs and location quotients in Economics Teachers, Postsecondary:
| Metropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| College Station-Bryan, TX |
100 |
0.91 |
9.63 |
(4) |
$ 170,880 |
| Blacksburg-Christiansburg-Radford, VA |
40 |
0.55 |
5.82 |
(4) |
$ 115,930 |
| Springfield, MA-CT |
160 |
0.52 |
5.56 |
(4) |
$ 130,400 |
| Boulder, CO |
70 |
0.36 |
3.85 |
(8) |
(8) |
| Syracuse, NY |
100 |
0.35 |
3.68 |
(4) |
$ 123,640 |
| Fargo, ND-MN |
40 |
0.31 |
3.27 |
(4) |
$ 98,540 |
| Worcester, MA-CT |
80 |
0.29 |
3.07 |
(4) |
$ 115,920 |
| Albany-Schenectady-Troy, NY |
100 |
0.25 |
2.64 |
(4) |
$ 123,520 |
| Huntsville, AL |
50 |
0.20 |
2.16 |
(4) |
$ 111,380 |
| Providence-Warwick, RI-MA |
110 |
0.20 |
2.15 |
(4) |
$ 180,450 |
Top paying metropolitan areas for Economics Teachers, Postsecondary:
| Metropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| Providence-Warwick, RI-MA |
110 |
0.20 |
2.15 |
(4) |
$ 180,450 |
| Rochester, NY |
90 |
0.20 |
2.12 |
(4) |
$ 175,010 |
| Pittsburgh, PA |
120 |
0.11 |
1.19 |
(4) |
$ 171,450 |
| San Diego-Carlsbad, CA |
90 |
0.07 |
0.70 |
(4) |
$ 171,260 |
| College Station-Bryan, TX |
100 |
0.91 |
9.63 |
(4) |
$ 170,880 |
| Los Angeles-Long Beach-Anaheim, CA |
300 |
0.05 |
0.54 |
(4) |
$ 164,310 |
| Baton Rouge, LA |
(8) |
(8) |
(8) |
(4) |
$ 156,420 |
| Allentown-Bethlehem-Easton, PA-NJ |
60 |
0.16 |
1.71 |
(4) |
$ 155,320 |
| Boston-Cambridge-Nashua, MA-NH |
510 |
0.20 |
2.09 |
(4) |
$ 147,070 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV |
360 |
0.12 |
1.27 |
(4) |
$ 143,850 |
Nonmetropolitan areas with the highest employment in Economics Teachers, Postsecondary:
Nonmetropolitan areas with the highest concentration of jobs and location quotients in Economics Teachers, Postsecondary:
Top paying nonmetropolitan areas for Economics Teachers, Postsecondary:
About May 2020 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates
These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia.
The top employment and wage figures are provided above. The complete list is available in the downloadable XLS files.
The percentile wage estimate is the value of a wage below which a certain percent of workers fall.
The median wage is the 50th percentile wage estimate—50 percent of workers earn less than the median and 50 percent of workers earn more than the median.
More about percentile wages.
(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.
(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours;
for those occupations where there is not an hourly wage published, the annual wage has been directly calculated from the reported survey data.
(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.
(4) Wages for some occupations that do not generally work year-round, full time, are reported either as hourly wages or annual salaries
depending on how they are typically paid.
(5) This wage is equal to or greater than $100.00 per hour or $208,000 per year.
(8) Estimate not released.
(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration.
A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.
Other OEWS estimates and related information:
May 2020 National Occupational Employment and Wage Estimates
May 2020 State Occupational Employment and Wage Estimates
May 2020 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates
May 2020 National Industry-Specific Occupational Employment and Wage Estimates
May 2020 Occupation Profiles
Technical Notes
Last Modified Date: March 31, 2021
United States Department of Labor
