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Economics Teachers, Postsecondary Salary in Illinois
Last updated: 2025 BLS data · Page refreshed:
How much do Economics Teachers, Postsecondary make in Illinois?
Last updated: 2025 data from the Bureau of Labor Statistics
$124,850
Median Annual Salary
▼
-0.3% vs 2024
$128,760
Mean Salary
$124,850
Median Salary
$60.02
Hourly Rate
460 people work as Economics Teachers, Postsecondary in Illinois
Economics Teachers, Postsecondary salary by percentile in Illinois
BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).
Economics Teachers, Postsecondary in Illinois earn a median salary of $124,850 per year ($10,404/month).
This is 5.7% above the national average of $118,131.
Illinois ranks #17 out of 42 states for Economics Teachers, Postsecondary pay.
Approximately 460 people work in this occupation across Illinois.
Salaries decreased by 0.3% compared to 2024.
About This Job: Economics Teachers, Postsecondary
Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.
Top Skills
Speaking
4.12
Reading Comprehension
4.0
Active Listening
4.0
Writing
4.0
Instructing
4.0
Key Knowledge Areas
Mathematics
4.51
Education and Training
4.32
Economics and Accounting
4.23
English Language
4.13
Computers and Electronics
2.89
Typical Education: Doctoral Degree
(80.8% of workers)
Salary Range: Economics Teachers, Postsecondary in Illinois
Salaries for Economics Teachers, Postsecondary in Illinois range from $59,090 at the 10th percentile (entry level) to $202,490 at the 90th percentile (experienced). The middle 50% earn between $86,890 and $166,630.
How much do Economics Teachers, Postsecondary make in Illinois?
The median annual salary for Economics Teachers, Postsecondary in Illinois is $124,850 as of 2025. The average (mean) salary is $128,760.
What is the salary range for a Economics Teachers, Postsecondary in Illinois?
Salaries for Economics Teachers, Postsecondary in Illinois range from $59,090 at the 10th percentile to $202,490 at the 90th percentile. The middle 50% earn between $86,890 and $166,630.
What is the starting salary for a Economics Teachers, Postsecondary in Illinois?
Entry-level Economics Teachers, Postsecondary positions in Illinois typically start around $59,090 (10th percentile). With some experience, salaries rise to $86,890 (25th percentile).
How many people work as Economics Teachers, Postsecondary in Illinois?
According to 2025 BLS data, approximately 460 people are employed as Economics Teachers, Postsecondary in Illinois.
What is the hourly rate for a Economics Teachers, Postsecondary in Illinois?
Based on a standard 2,080-hour work year, the median hourly rate for a Economics Teachers, Postsecondary in Illinois is approximately $60.02 per hour.
Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2025 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.
Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.
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