Salaripedia
English

How much does an economics teacher make in Michigan?

$129,400a year

Median yearly pay for economics teachers in Michigan. That is $62.21 an hour or $10,780 a month.

Hourly
$62.21
Vs. national median
+4%
Rank among states
12 of 42
Jobs in the state
350
Pay range
Lowest 10%: $61,470Median: $129,400Highest 10%: $307,600
PercentileYearlyHourly
10th$61,470$29.55
25th$86,880$41.77
Median$129,400$62.21
75th$180,700$86.85
90th$307,600$147.88

Cities in Michigan

Metro areas, median yearly pay.

Ann Arbor, MI$185,800
Detroit, MI$107,000
Salaries for every job in Michigan

Nearby in the ranking

States with similar pay for economics teachers.

9. Maryland$133,500
10. Louisiana$132,700
11. Nebraska$131,000
12. Michigan$129,400
13. Virginia$128,800
14. Utah$128,400
15. New York$127,500
Economics Teacher salary in all states

Frequently asked questions

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

The median hourly pay in Michigan is $62.21 ($129,400 a year).

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

Yes: $129,400 against $123,900 nationally, 4% more.

Where does Michigan rank for economics teacher pay?

Michigan ranks 12 of 42 states.

Which city in Michigan pays economics teachers the most?

Ann Arbor, MI, with a median of $185,800 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.