Economics Teachers, Postsecondary Salary in Michigan

How much does a Economics Teachers, Postsecondary make in Michigan?

Last updated: 2024 data from the Bureau of Labor Statistics

$123,840

Median Annual Salary

$144,770

Mean Salary

$123,840

Median Salary

$59.54

Hourly Rate

340 people work as Economics Teachers, Postsecondary in Michigan

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)

Source: O*NET OnLine, U.S. Department of Labor

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Economics Teachers, Postsecondary Salary by State

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Frequently Asked Questions

How much does a Economics Teachers, Postsecondary make in Michigan?

The median annual salary for a Economics Teachers, Postsecondary in Michigan is $123,840 as of 2024. The average (mean) salary is $144,770.

What is the starting salary for a Economics Teachers, Postsecondary in Michigan?

Entry-level Economics Teachers, Postsecondary positions in Michigan typically start around $59,000 (10th percentile). With some experience, salaries rise to $83,370 (25th percentile).

How many people work as Economics Teachers, Postsecondary in Michigan?

According to 2024 BLS data, approximately 340 people are employed as Economics Teachers, Postsecondary in Michigan.

What is the hourly rate for a Economics Teachers, Postsecondary in Michigan?

Based on a standard 2,080-hour work year, the median hourly rate for a Economics Teachers, Postsecondary in Michigan is approximately $59.54 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 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.

Our Methodology · Data Sources · Source: BLS OEWS