2024 Salary Data

Economics Teachers, Postsecondary Salary in Chicago-Naperville-Elgin, IL-IN

Economics Teachers, Postsecondarys in Chicago-Naperville-Elgin, IL-IN earn a median salary of $124,770 per year, which is 4.0% higher than the national median.

Median Salary

$124,770

↑4.0%vs national

Entry Level

$61,890

10th percentile

Experienced

$202,840

90th percentile

Employed

330

in Chicago-Naperville-Elgin, IL-IN

Salary Distribution

Shows salary range from entry-level (10th percentile) to top earners (90th percentile)

How Much Do Economics Teachers, Postsecondarys Make in Chicago-Naperville-Elgin, IL-IN?

According to the Bureau of Labor Statistics, Economics Teachers, Postsecondarys in the Chicago-Naperville-Elgin, IL-IN metropolitan area earn a median annual salary of $124,770. The salary range varies significantly based on experience, with entry-level positions starting around $61,890 and experienced professionals earning up to $202,840 or more.

Entry Level

0-2 years experience

$61,890 - $80,870

Mid Career

2-8 years experience

$80,870 - $153,590

Senior Level

8+ years experience

$153,590 - $202,840

Chicago-Naperville-Elgin, IL-IN vs National Average

Chicago-Naperville-Elgin, IL-IN$124,770

National Average$119,980

Economics Teachers, Postsecondarys in Chicago-Naperville-Elgin, IL-IN earn 4.0% more than the national median of $119,980.

Quick Facts

Occupation: Economics Teachers, Postsecondary
SOC Code: 251063
Location: Chicago-Naperville-Elgin, IL-IN
Data Year: 2024
Total Employed: 330

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Frequently Asked Questions

What is the average salary for a Economics Teachers, Postsecondary in Chicago-Naperville-Elgin, IL-IN?

The median annual salary for Economics Teachers, Postsecondary in Chicago-Naperville-Elgin, IL-IN is $124,770, according to Bureau of Labor Statistics data from 2024. This is 4.0% higher than the national median.

What is the starting salary for Economics Teachers, Postsecondary in Chicago-Naperville-Elgin, IL-IN?

Entry-level Economics Teachers, Postsecondary positions in Chicago-Naperville-Elgin, IL-IN typically start around $61,890 to $80,870 annually (10th to 25th percentile).

How much can experienced Economics Teachers, Postsecondarys make in Chicago-Naperville-Elgin, IL-IN?

Experienced Economics Teachers, Postsecondarys in Chicago-Naperville-Elgin, IL-IN can earn $153,590 to $202,840 annually (75th to 90th percentile).

How does Economics Teachers, Postsecondary salary in Chicago-Naperville-Elgin, IL-IN compare to the national average?

Economics Teachers, Postsecondarys in Chicago-Naperville-Elgin, IL-IN earn 4.0% more than the national median of $119,980.

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