How much does an economics teacher make?
Median yearly pay in the United States: half earn more and half earn less. That is $59.58 an hour or $10,330 a month.
- Hourly
- $59.58
- Average (mean)
- $138,900
- Jobs
- 11,560
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $64,060 | $30.80 | |
| 25th | $86,840 | $41.75 | |
| Median | $123,900 | $59.58 | |
| 75th | $168,800 | $81.14 | |
| 90th | $224,200 | $107.79 |
By state
Median yearly pay.
| New Hampshire | $201,600 |
| Massachusetts | $164,400 |
| District of Columbia | $161,900 |
| Connecticut | $156,000 |
| California | $137,400 |
| Arizona | $137,300 |
| Oregon | $136,500 |
| Vermont | $134,900 |
| Maryland | $133,500 |
| Louisiana | $132,700 |
| Nebraska | $131,000 |
| Michigan | $129,400 |
| Virginia | $128,800 |
| Utah | $128,400 |
| New York | $127,500 |
| Maine | $126,000 |
| Illinois | $124,900 |
| Texas | $118,500 |
| Pennsylvania | $118,000 |
| Georgia | $117,600 |
| Missouri | $116,500 |
| North Carolina | $114,200 |
| New Mexico | $110,000 |
| New Jersey | $109,900 |
| South Carolina | $109,100 |
| Minnesota | $108,500 |
| Oklahoma | $107,300 |
| Kentucky | $106,300 |
| Ohio | $105,900 |
| Indiana | $105,400 |
| Tennessee | $104,600 |
| Kansas | $103,500 |
| Alabama | $101,300 |
| Wisconsin | $99,970 |
| Colorado | $98,870 |
| Washington | $96,500 |
| West Virginia | $91,170 |
| Florida | $91,140 |
| Mississippi | $88,290 |
| South Dakota | $85,700 |
| Iowa | $85,090 |
| Arkansas | $76,610 |
Highest paying cities
Metro areas, median yearly pay.
| Lexington, KY | $220,700 |
| College Station, TX | $219,200 |
| San Francisco, CA | $203,700 |
| Santa Maria, CA | $202,000 |
| Riverside, CA | $194,500 |
| Ann Arbor, MI | $185,800 |
| Boston, MA | $174,900 |
| San Jose, CA | $164,100 |
| Knoxville, TN | $162,900 |
| Washington, DC | $155,100 |
| Trenton, NJ | $152,400 |
| San Diego, CA | $140,700 |
| Amherst Town, MA | $140,400 |
| Fort Collins, CO | $138,500 |
| Los Angeles, CA | $137,700 |
In other countries
Economics Teacher belongs to the international group "University and higher education teachers".
Compare pay in 140 countriesSimilar jobs
- Business Teacher$99,080
- Computer Science Teacher$96,980
- Mathematical Science Teacher$79,940
- Architecture Teacher$96,870
- Engineering Teacher$109,300
- Agricultural Sciences Teacher$98,700
- Biological Science Teacher$84,620
- Forestry and Conservation Science Teacher$101,400
- Atmospheric$103,200
- Chemistry Teacher$93,250
Frequently asked questions
How much does an economics teacher make an hour?
The median hourly pay is $59.58 ($123,900 a year).
How much does an economics teacher make a month?
About $10,330 a month before tax, based on a median of $123,900 a year.
How much does an economics teacher make starting out?
The lowest-paid 10% make $64,060 or less a year ($30.80 an hour); the top 10% make $224,200 or more.
Which state pays economics teachers the most?
New Hampshire, with a median of $201,600 a year, followed by Massachusetts ($164,400) and District of Columbia ($161,900).
Which city pays economics teachers the most?
Lexington-Fayette, KY, with a median of $220,700 a year.
How many economics teachers are there in the United States?
About 11,560 people work as economics teachers.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.