Economics Teachers, Postsecondary Salary in Richmond, VA

BLS Occupational Employment & Wage Statistics • May 2025 • Richmond, VA

Median annual salary $129,470 +7.9% vs national
Median hourly —
10th percentile $75,240
90th percentile $217,250
Employed locally 60
National median $119,980

Compare Economics Teachers, Postsecondary salary & buying power

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Economics Teachers, Postsecondary
in
Richmond, VA
vs

    Salary percentile breakdown

    10th
    $75,240
    25th
    $98,650
    50th (median)
    $129,470
    75th
    $170,520
    90th
    $217,250

    Richmond economic context

    Unemployment rate 3.00% 2024 annual avg • BLS LAUS
    Median household income $84,405 2023 • Census ACS
    Economics Teachers, Postsecondary salary vs area income 153% Median Economics Teachers, Postsecondary salary is 53% 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
    Washington-Arlington-Alexandria, DC-VA-MD-WV $155,870
    San Jose-Sunnyvale-Santa Clara, CA $153,130
    Virginia Beach-Chesapeake-Norfolk, VA-NC $125,050
    Pennsylvania $120,010
    Portland-Vancouver-Hillsboro, OR-WA $99,300

    Related occupations in Richmond, VA

    OccupationMedian salary
    Elementary School Teachers, Except Special Education $59,020
    Secondary School Teachers, Except Special and Career/Technical Education $60,370
    Teaching Assistants, Except Postsecondary $34,810
    Substitute Teachers, Short-Term $33,810
    Middle School Teachers, Except Special and Career/Technical Education $59,360
    Preschool Teachers, Except Special Education $37,510

    Frequently asked questions

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

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

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

    The median Economics Teachers, Postsecondary salary in Richmond, VA is 7.9% 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 Richmond?

    Entry-level Economics Teachers, Postsecondary (10th percentile) earn around $75,240 per year in Richmond, VA. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $98,650.