Economics Teachers, Postsecondary Salary in Chicago, IL-IN

BLS Occupational Employment & Wage Statistics • May 2025 • Chicago-Naperville-Elgin, IL-IN

Median annual salary $124,770 +4% vs national
Median hourly —
10th percentile $61,890
90th percentile $202,840
Employed locally 330
National median $119,980

Compare Economics Teachers, Postsecondary salary & buying power

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Economics Teachers, Postsecondary
in
Chicago, IL-IN
vs

    Salary percentile breakdown

    10th
    $61,890
    25th
    $80,870
    50th (median)
    $124,770
    75th
    $153,590
    90th
    $202,840

    Chicago economic context

    Unemployment rate 5.10% 2024 annual avg • BLS LAUS
    Median household income $88,850 2023 • Census ACS
    Economics Teachers, Postsecondary salary vs area income 140% Median Economics Teachers, Postsecondary salary is 40% above the area median household income

    Top-paying metros for Economics Teachers, Postsecondary

    Metro areaMedian salary
    Lexington-Fayette, KY $220,690
    Santa Maria-Santa Barbara, CA $202,030
    Riverside-San Bernardino-Ontario, CA $186,670
    Ann Arbor, MI $185,830
    College Station-Bryan, TX $168,620
    Austin-Round Rock-San Marcos, TX $162,440

    Nearby metros — Economics Teachers, Postsecondary salary comparison

    Metro areaMedian salary
    Knoxville, TN $140,180
    Greenville-Anderson-Greer, SC $137,910
    Nashville-Davidson--Murfreesboro--Franklin, TN $130,570
    Milwaukee-Waukesha, WI $129,170
    Illinois $125,230
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD $107,220

    Related occupations in Chicago, IL-IN

    OccupationMedian salary
    Elementary School Teachers, Except Special Education $75,020
    Teaching Assistants, Except Postsecondary $36,830
    Secondary School Teachers, Except Special and Career/Technical Education $80,440
    Middle School Teachers, Except Special and Career/Technical Education $75,690
    Preschool Teachers, Except Special Education $37,460
    Self-Enrichment Teachers $44,770

    Frequently asked questions

    How much do Economics Teachers, Postsecondary make per hour in Chicago?

    The median hourly wage for Economics Teachers, Postsecondary in Chicago, IL-IN is —, based on BLS OEWS 2025 data. Top earners (90th percentile) make — or more per hour.

    Is Chicago above or below average for Economics Teachers, Postsecondary salaries?

    The median Economics Teachers, Postsecondary salary in Chicago, IL-IN is 4% above the national median of $119,980. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Economics Teachers, Postsecondary in Chicago?

    Entry-level Economics Teachers, Postsecondary (10th percentile) earn around $61,890 per year in Chicago, IL-IN. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $80,870.