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Economics Teachers, Postsecondary: pay in the United States, May 2025

Economics Teachers, Postsecondary in the United States earned a median wage of $123,920 a year in May 2025, according to the U.S. Bureau of Labor Statistics. Half of them earned more than that and half earned less.

At a glance

$123,920 a year

Lowest 10%: $64,060Median: $123,920Top 10%: $224,200
Median pay a year
$123,920
Average (mean) pay a year
$138,850
Jobs in the United States
11,560
Field
Educational Instruction and Library
Occupation code (SOC)
25-1063

What the occupation covers

Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

Official definition from the Standard Occupational Classification, code 25-1063.

The pay range

Pay differs a lot inside one occupation, with experience, employer and place. The table shows where the lines fall.

Share of workersA yearA month*A week*
Lowest 10% earn less than$64,060$5,338$1,232
Lowest 25% earn less than$86,840$7,237$1,670
Median (half earn less, half more)$123,920$10,327$2,383
Top 25% earn more than$168,770$14,064$3,246
Top 10% earn more than$224,200$18,683$4,312

* Month and week are the yearly figure divided by 12 and by 52, worked out here for convenience. BLS publishes the yearly and hourly figures.

BLS publishes only yearly pay for this occupation, because many of these workers are paid by the year and work fewer than 2,080 hours in it.

How it compares

The median for all occupations in the United States was $50,980 a year. The median for Economics Teachers, Postsecondary is $123,920, which is 143% higher. Among the 64 occupations of the field Educational Instruction and Library, it ranks number 2 by median pay. With 11,560 jobs, it makes up about 0.7 of every 10,000 jobs in the country. The average ($138,850) is well above the median, a sign that a smaller group of high earners pulls the average up.

Economics Teachers, Postsecondary pay by state

The highest median pay was in New Hampshire ($201,610), Massachusetts ($164,410) and District of Columbia ($161,860). The lowest was in Arkansas ($76,610), Iowa ($85,090) and South Dakota ($85,700). The most jobs were in New York (1,240), California (770) and Texas (770). The occupation is most concentrated in District of Columbia, where its share of all jobs is 4.3 times the national share.

StateJobsMedian a yearAverage a year
New Hampshire80$201,610$236,510
Massachusetts750$164,410$185,980
District of Columbia220$161,860$166,230
Connecticut300$155,950$180,860
California770$137,360$160,800
Arizona100$137,250$162,390
Oregon180$136,450$139,940
Vermont80$134,850$131,570
Maryland200$133,540$163,950
Louisiana70$132,670$135,230
Nebraska90$130,980$129,270
Michigan350$129,400$148,340
Virginia460$128,790$139,310
Utah150$128,370$129,440
New York1,240$127,500$145,760
Maine70$125,960$124,730
Illinois460$124,850$128,760
Texas770$118,530$131,650
Pennsylvania610$117,970$121,840
Georgia370$117,600$124,390
Missouri150$116,530$159,250
North Carolina490$114,200$131,590
New Mexico60$110,020$115,090
New Jersey410$109,880$129,390
South Carolina110$109,060$117,970
Minnesota250$108,460$130,050
Oklahoma110$107,260$110,670
Kentucky120$106,250$130,850
Ohio410$105,930$114,920
Indiana150$105,390$132,650
Tennessee250$104,560$113,890
Kansas130$103,490$132,650
Alabama90$101,250$102,820
Wisconsin310$99,970$133,140
Colorado270$98,870$110,430
Washington190$96,500$109,570
West Virginia40$91,170$98,020
Florida150$91,140$90,610
Mississippi70$88,290$90,220
South Dakota40$85,700$86,890
Iowa80$85,090$94,620
Arkansas40$76,610$90,010

Sorted by median pay, highest first. "Not published" means BLS did not release that figure for the state, usually because too few employers were surveyed. "$239,200 or more" is the highest value BLS reports in the state tables.

Similar occupations by pay

Common questions

How much do Economics Teachers, Postsecondary earn in the United States?

The median pay was $123,920 a year in May 2025, according to the U.S. Bureau of Labor Statistics. The lowest-paid 10% earned less than $64,060 and the highest-paid 10% more than $224,200.

How many people work as Economics Teachers, Postsecondary?

About 11,560 jobs in the United States in May 2025, not counting the self-employed.

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025. Checked in November 2026. Figures are for employees, before tax, and leave out overtime pay and benefits. They are official statistics, not advice or a pay offer; see bls.gov/oes for the original tables.

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