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Southwest Workforce Development Area (1Q 2020)
All Industry
Estimated employmentN/A
Mean wage$89,749
Entry wage$58,659
10th percentile wage$56,203
50th percentile wage$90,697
90th percentile wage$130,651
Top Employing Industries
 IndustryEmployment
Percent
Education and Health Services
Top Paying Industries
 IndustryEmployment
Median Wage
Education and Health Services$90,697
Economics Teachers, Postsecondary (25-1063)
Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.
Median Wage History
YearThis
Occupation
Compared to
Occupational Group
Difference
Current$90696.56 $64184.84  $26511.72
2019$87806.88+3.3%$62139.85 +3.3%$25667.03
2018$85508.27+2.7%$60513.15 +2.7%$24995.12
2017$83538.03+2.4%$59118.84 +2.4%$24419.19
2016$82224.54+1.6%$58189.30 +1.6%$24035.25
2015$80648.35+2.0%$57073.85 +2.0%$23574.51
2014$79137.84+1.9%$56004.87 +1.9%$23132.96
2013$77627.32+1.9%$54935.90 +1.9%$22691.42
2012$76116.81+2.0%$53866.93 +2.0%$22249.88
2011$74934.67+1.6%$53030.34 +1.6%$21904.32
YearThis
Occupation
Compared to
All Occupations
Difference
Current$90696.56 $55085.21  $35611.35
2019$87806.88+3.3%$52848.84 +4.2%$34958.03
2018$85508.27+2.7%$51240.23 +3.1%$34268.04
2017$83538.03+2.4%$49867.02 +2.8%$33671.01
2016$82224.54+1.6%$48729.22 +2.3%$33495.32
2015$80648.35+2.0%$47709.13 +2.1%$32939.23
2014$79137.84+1.9%$46689.03 +2.2%$32448.81
2013$77627.32+1.9%$45747.40 +2.1%$31879.92
2012$76116.81+2.0%$44962.71 +1.7%$31154.09
2011$74934.67+1.6%$44256.49 +1.6%$30678.17
Note: The mid-wage is the median wage. The average wage is the mean wage. The entry-level wage is equal to the average of the lower third of reported wages for the occupation. The wage range consists of the 10th and 90th percentiles; 80% of workers earn between this wage range, 10% earn less while 10% earn more.
Reference Date: 1st Quarter 2020
Top Areas For This Occupation
Best Pay
Median Wage / Employment
North Central $98,174 
Eastern $91,220 
Southwest $90,697 
South Central $90,053 
Highest Employment
Median Wage / Employment
Eastern $91,220 
North Central $98,174 
South Central $90,053 
Southwest $90,697 
Wages in other areas
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