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Southwest WDA (1Q 2018)
All Industry
Estimated employmentN/A
Mean wage$125,277
Entry wage$74,167
10th percentile wage$65,183
50th percentile wage$105,082
90th percentile wageN/A
Top Employing Industries
 IndustryEmployment / Percent
Education and Health Services
Top Paying Industries
 IndustryEmployment / Median Wage
Education and Health Services$105,082
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.
Median Wage History
YearThis
Occupation
Compared to
Occupational Group
Difference
Current$105081.63 $63791.69 $41289.94
2017$104201.28+.8%$63257.26+.8%$40944.02
2016$101800.33+2.4%$61799.72+2.4%$40000.61
2015$100199.70+1.6%$60828.02+1.6%$39371.67
2014$98278.93+2.0%$59661.99+2.0%$38616.94
2013$96438.21+1.9%$58544.54+1.9%$37893.66
2012$94597.48+1.9%$57427.10+1.9%$37170.38
2011$92756.75+2.0%$56309.65+2.0%$36447.10
2010$91316.18+1.6%$55435.12+1.6%$35881.05
2009$89715.54+1.8%$54463.43+1.8%$35252.11
YearThis
Occupation
Compared to
All Occupations
Difference
Current$105081.63 $51099.64 $53981.99
2017$104201.28+.8%$50557.67+1.1%$53643.61
2016$101800.33+2.4%$49202.76+2.8%$52597.57
2015$100199.70+1.6%$48080.12+2.3%$52119.58
2014$98278.93+2.0%$47073.61+2.1%$51205.33
2013$96438.21+1.9%$46067.10+2.2%$50371.11
2012$94597.48+1.9%$45138.02+2.1%$49459.46
2011$92756.75+2.0%$44363.78+1.7%$48392.97
2010$91316.18+1.6%$43666.97+1.6%$47649.21
2009$89715.54+1.8%$42931.44+1.7%$46784.10
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 2018
Top Areas For This Occupation
Best Pay
Median Wage / Employment
Southwest$105,082 
North Central$85,82150
Highest Employment
Median Wage / Employment
North Central$85,82150
Southwest$105,082 
Wages in other areas
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