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How much does an economics teacher make in Illinois?

$124,900a year

Median yearly pay for economics teachers in Illinois. That is $60.02 an hour or $10,400 a month.

Hourly
$60.02
Vs. national median
+1%
Rank among states
17 of 42
Jobs in the state
460
Pay range
Lowest 10%: $59,090Median: $124,900Highest 10%: $202,500
PercentileYearlyHourly
10th$59,090$28.41
25th$86,890$41.77
Median$124,900$60.02
75th$166,600$80.11
90th$202,500$97.35

Cities in Illinois

Metro areas, median yearly pay.

Chicago, IL$124,400
Salaries for every job in Illinois

Nearby in the ranking

States with similar pay for economics teachers.

14. Utah$128,400
15. New York$127,500
16. Maine$126,000
17. Illinois$124,900
18. Texas$118,500
19. Pennsylvania$118,000
20. Georgia$117,600
Economics Teacher salary in all states

Frequently asked questions

How much does an economics teacher make an hour in Illinois?

The median hourly pay in Illinois is $60.02 ($124,900 a year).

Do economics teachers make more in Illinois than the national average?

Yes: $124,900 against $123,900 nationally, 1% more.

Where does Illinois rank for economics teacher pay?

Illinois ranks 17 of 42 states.

Which city in Illinois pays economics teachers the most?

Chicago-Naperville-Elgin, IL-IN, with a median of $124,400 a year.

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.