Michigan employs 350 Economics Teachers, Postsecondary professionals, above the national average concentration.
Data: BLS OEWS 2024 • Michigan employment outlook • Updated 2026-04-06
The location quotient (LQ) of 1.31 indicates that Michigan has a higher-than-average concentration of Economics Teachers, Postsecondary professionals. This means the job is in high demand relative to other states, suggesting strong local job market opportunities.
Note: Location Quotient (LQ) is the ratio of the percentage of workers in an occupation in a given area to the percentage in that occupation nationwide. An LQ > 1.0 means above-average concentration; < 1.0 means below-average.
The average annual salary for a Economics Teachers, Postsecondary in Michigan is $140,860. For a detailed breakdown by percentile, entry-level, median, and senior salaries, see the comprehensive salary guide below.
Michigan employs approximately 350 Economics Teachers, Postsecondary professionals (2024 BLS data). This ranks Michigan among the top states nationwide.
Yes — Michigan has above-average concentration of Economics Teachers, Postsecondary jobs (LQ: 1.31). A Location Quotient above 1.0 indicates higher-than-average demand.
The average (mean) salary for Economics Teachers, Postsecondary in Michigan is $140860/year. See our detailed salary page for percentile breakdowns.
Location Quotient measures how concentrated an occupation is in a state compared to the national average. LQ > 1.0 means the state has more of that job proportionally. LQ > 1.2 indicates strong demand.
The top state for Economics Teachers, Postsecondary employment is New York with 1,560 jobs.
Employment and location quotient data sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) 2024. This data reflects total employment, jobs per 1,000 workers, location quotient, and average salary for Economics Teachers, Postsecondary (SOC 251063) in Michigan.