Economics Teachers, Postsecondary · Illinois

Economics Teachers, Postsecondary Salary in Illinois

Economics Teachers, Postsecondary in Illinois earn a median annual wage of $124,850 —0.8% above the national median of $123,920. That ranks IL #17 of 42 covered states and territories for this occupation.

Median annual
$124,850
Median hourly
—
Entry level (P10)
$59,090
10th percentile
Top 10% (P90)
$202,490
90th percentile
Employment
460
0.1 per 1,000 jobs
vs U.S. median
+0.8%
U.S. $123,920

Wage distribution

How earnings are spread across workers in this occupation, from the 10th to the 90th percentile.

10th percentile90th percentile
$59,090
$86,890
$124,850
$166,630
$59,090$124,850$202,490
Annual wage distribution. Highlighted segment contains the median of $124,850.

Employment concentration (1.00×) is close to the national average.

Highest-paying states for economics teachers, postsecondary

All 42 states ranked by median annual wage. Illinois is highlighted.

#StateMedian annual Median hourlyEmploymentLocation quotient
1New Hampshire$201,610—801.52
2Massachusetts$164,410—7502.76
3District of Columbia$161,860—2204.26
4Connecticut$155,950—3002.37
5California$137,360—7700.57
6Arizona$137,250—1000.41
7Oregon$136,450—1801.24
8Vermont$134,850—803.40
9Maryland$133,540—2000.97
10Louisiana$132,670—700.47

Related occupations in Illinois

Occupations in the same job family, compared within Illinois.

Frequently asked questions

How much do economics teachers, postsecondary make in Illinois?

The median annual wage for economics teachers, postsecondary in Illinois is $124,850, or — per hour. That is 0.8% above the national median of $123,920.

What is the entry-level economics teachers, postsecondary salary in Illinois?

Workers at the 10th percentile earn $59,090 per year (—/hour). The 25th percentile is $86,890.

How many people work as economics teachers, postsecondary in Illinois?

About 460 people work in this occupation in Illinois, or 0.1 per 1,000 jobs statewide.

Is Illinois a good state for economics teachers, postsecondary?

Illinois ranks #17 of 42 states by median wage for this occupation. Employment concentration (1.00x) is close to the national average.

Which state pays economics teachers, postsecondary the most?

New Hampshire has the highest median wage at $201,610 per year, followed by Massachusetts ($164,410) and District of Columbia ($161,860).

Source: U.S. Bureau of Labor Statistics, OEWS May 2025. Occupational Employment and Wage Statistics, cross-industry estimates. Retrieved 2026-10-26. Figures are rounded by BLS to the nearest dollar (annual) and cent (hourly). Percentile wages describe the distribution of workers, not the pay range for a single job posting. bls.gov/oes