StateRates

Economics Teachers, Postsecondary salary by state

The median economics teachers, postsecondary in the United States earned $119,980 a year in 2024. Across the 29 states reporting the occupation, pay runs from $136,630 in Connecticut down to $56,560 in Florida.

Education and library SOC 25-1063

National median $119,980 not reported per hour
Highest paying state $136,630 Connecticut
Lowest paying state $56,560 Florida
Employed 11,060 across 29 states

What the spread means

Pay for this occupation varies enormously by location. Connecticut pays roughly 2.4 times what Florida does for the same job title, which is a wider gap than most occupations show and usually points to differences in licensing, unionisation or the industries that employ these workers in each state.

A high median is not automatically a better deal. States that pay well for this work are frequently expensive places to live, and the same salary buys very different amounts of housing and energy depending on where it is earned. The state pages linked below carry electricity, gas and housing figures for the same places.

Where the work is concentrated

Location quotient compares how common an occupation is in a state against how common it is nationally. A value of 2 means the state employs twice the national share of these workers. It is a better guide to where the jobs actually are than the raw count, which mostly tracks state population.

Most concentrated states, 2024
State Concentration Employed Median pay
Massachusetts 2.6× 760 $135,070
Connecticut 2.27× 310 $136,630
New York 1.77× 1,360 $134,480
Virginia 1.42× 460 $127,420
Pennsylvania 1.29× 620 $120,010

Every state

Economics Teachers, Postsecondary pay by state, 2024
# State Median salary Hourly 10th pct 90th pct Employed vs U.S.
1 Connecticut $136,630 n/a $77,100 not reported 310 + 13.9%
2 Massachusetts $135,070 n/a $78,010 not reported 760 + 12.6%
3 District of Columbia $134,620 n/a $77,240 $231,430 180 + 12.2%
4 New York $134,480 n/a $69,570 $225,300 1,360 + 12.1%
5 California $133,230 n/a $79,510 $231,590 1,050 + 11%
6 Maryland $128,150 n/a $58,360 not reported 180 + 6.8%
7 Virginia $127,420 n/a $61,560 not reported 460 + 6.2%
8 New Jersey $127,050 n/a $51,620 $215,790 350 + 5.9%
9 Illinois $125,230 n/a $63,330 $202,830 520 + 4.4%
10 Michigan $123,840 n/a $59,000 not reported 340 + 3.2%
11 Texas $121,610 n/a $58,270 $215,230 850 + 1.4%
12 Pennsylvania $120,010 n/a $62,570 $208,500 620 0%
13 Alabama $116,190 n/a $66,090 $231,610 150 -3.2%
14 North Carolina $109,890 n/a $51,520 $224,370 480 -8.4%
15 Kentucky $107,810 n/a $34,920 $211,780 130 -10.1%
16 Georgia $107,680 n/a $41,200 $207,460 340 -10.3%
17 Tennessee $104,760 n/a $61,670 $165,470 280 -12.7%
18 Minnesota $103,920 n/a $64,870 $210,470 240 -13.4%
19 Wisconsin $103,740 n/a $68,610 $235,580 230 -13.5%
20 Oregon $103,560 n/a $69,810 $173,700 130 -13.7%
21 Oklahoma $102,930 n/a $64,010 $164,690 110 -14.2%
22 Indiana $102,780 n/a $62,280 $208,790 240 -14.3%
23 Utah $102,590 n/a $40,300 $164,270 160 -14.5%
24 South Carolina $101,110 n/a $60,360 $170,720 170 -15.7%
25 Kansas $99,320 n/a $60,900 $199,530 130 -17.2%
26 Colorado $98,060 n/a $55,670 $161,950 270 -18.3%
27 Ohio $96,840 n/a $39,470 $171,040 280 -19.3%
28 Washington $85,630 n/a $61,840 $162,850 230 -28.6%
29 Florida $56,560 n/a $50,330 $87,970 510 -52.9%

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2024 state estimates. Retrieved 2026-09-09. Figures cover wage and salary workers and exclude the self-employed. Methodology

Frequently asked questions

How much does a economics teachers, postsecondary make?

The national median is $119,980 a year, as of the 2024 Occupational Employment and Wage Statistics survey. Half of workers in the occupation earn more than that and half earn less.

Which state pays economics teachers, postsecondarys the most?

Connecticut, at a median of $136,630. Massachusetts ($135,070) and District of Columbia ($134,620) follow. Pay that looks high often reflects a high cost of living rather than a better deal, so it is worth reading alongside what housing and energy cost in the same state.

How many people work as economics teachers, postsecondarys?

About 11,060 across the states reporting the occupation, against a national estimate of 12,420.

Is this figure a salary or an hourly rate?

Both are published. BLS surveys employers rather than workers, so these are wages paid rather than wages reported by employees, and they exclude self-employed people. Annual figures for occupations that are typically part-time or seasonal should be read with that in mind.