How much does an economics teacher make in Chicago?
$124,400a year
Median yearly pay for economics teachers in the Chicago-Naperville-Elgin, IL-IN metro area. That is $59.79 an hour or $10,360 a month.
- Hourly
- $59.79
- Vs. national median
- +0%
- Rank among cities
- 33 of 53
- Jobs in the area
- 260
Pay range
Lowest 10%: $59,010Median: $124,400Highest 10%: $201,200
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $59,010 | $28.37 | |
| 25th | $80,250 | $38.58 | |
| Median | $124,400 | $59.79 | |
| 75th | $165,500 | $79.55 | |
| 90th | $201,200 | $96.74 |
Other cities in Illinois
Median yearly pay for economics teachers.
| No other city in the state with data. |
Related jobs in Chicago
Same field, median yearly pay.
| Engineering Teacher | $110,300 |
| Agricultural Sciences Teacher | $105,400 |
| Architecture Teacher | $104,400 |
| Geography Teacher | $103,300 |
| Biological Science Teacher | $102,000 |
| Law Teacher | $101,800 |
| Health Specialties Teacher | $101,000 |
| Area | $100,800 |
| Political Science Teacher | $100,700 |
| Chemistry Teacher | $100,600 |
Frequently asked questions
How much does an economics teacher make an hour in Chicago?
The median hourly pay in the Chicago-Naperville-Elgin, IL-IN metro area is $59.79 ($124,400 a year).
Do economics teachers make more in Chicago than the national average?
Yes: $124,400 against $123,900 nationally, 0% more.
How does Chicago compare with the rest of Illinois?
The median in Illinois is $124,900, so Chicago pays 0% more.
Where does Chicago rank for economics teacher pay?
33 of 53 metro areas with data.
How much does an economics teacher make starting out in Chicago?
The lowest-paid 10% make $59,010 or less a year; the top 10% make $201,200 or more.
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.