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Southwest WDA (1Q 2016)
All Industry
Estimated employment30
Mean wage$106,866
Entry wage$65,416
10th percentile wage$59,614
50th percentile wage$90,482
90th percentile wage$163,755
Top Employing Industries
 IndustryEmployment / Percent
Education and Health Services30100%
Top Paying Industries
 IndustryEmployment / Median Wage
Education and Health Services30$90,482
Economics Teachers, Postsecondary (25-1063)
Teach courses in economics. Include both teachers primarily engaged in teaching and those who do a combination of both teaching and research.
Mean Wage History
YearThis
Occupation		Compared to
Occupational Group		Difference
Current$90481.59 $61639.57  $28842.02
2015$88183.64+2.6%$60074.12 +2.6%$28109.52
2014$86532.00+1.9%$58948.95 +1.9%$27583.04
2013$84880.35+1.9%$57823.79 +1.9%$27056.56
2012$83228.70+2.0%$56698.62 +2.0%$26530.08
2011$81936.11+1.6%$55818.06 +1.6%$26118.05
2010$80499.89+1.8%$54839.65 +1.8%$25660.24
2009$79638.16+1.1%$54252.61 +1.1%$25385.56
2008$77268.41+3.1%$52638.24 +3.1%$24630.17
2007$74683.22+3.5%$50877.11 +3.5%$23806.11
YearThis
Occupation		Compared to
All Occupations		Difference
Current$90481.59 $48577.28  $41904.31
2015$88183.64+2.6%$47218.20 +2.9%$40965.44
2014$86532.00+1.9%$46208.60 +2.2%$40323.39
2013$84880.35+1.9%$45276.67 +2.1%$39603.68
2012$83228.70+2.0%$44500.05 +1.7%$38728.65
2011$81936.11+1.6%$43801.10 +1.6%$38135.01
2010$80499.89+1.8%$43063.31 +1.7%$37436.58
2009$79638.16+1.1%$42480.85 +1.4%$37157.31
2008$77268.41+3.1%$41393.59 +2.6%$35874.82
2007$74683.22+3.5%$40073.34 +3.3%$34609.87
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 2016
Top Areas For This Occupation
Best Pay
Median Wage / Employment
South Central $98,304 60
Eastern $93,780 70
North Central $92,308 70
Southwest $90,482 30
Highest Employment
Median Wage / Employment
Eastern $93,780 70
North Central $92,308 70
South Central $98,304 60
Southwest $90,482 30
Wages in other areas
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