State of Connecticut Home Follow Research on FacebookFollow Research on TwitterFollow CTDOL on InstagramFollow CTDOL on LinkedINFollow CTDOL on YouTube
Connecticut Department of Labor Home Connecticut Labor Market Information Home Connecticut Labor Market Information Home
Business Teachers, Postsecondary (25-1011) in New Haven Labor Market Area
Select Area Select Occupation
New Haven LMA (1Q 2023)
All Industry
Estimated employmentN/A
Mean wage$114,809
Entry wage$82,192
10th percentile wage$81,258
50th percentile wage$105,869
90th percentile wage$159,940
 Top Employing Industries
 IndustryEmployment / Percent
Educational Services
 Top Paying Industries
 IndustryEmployment / Median Wage
Educational Services$105,869
Business Teachers, Postsecondary (25-1011)
Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.
Median Wage History
YearThis OccupationCompared to Occupational GroupDifference
Current  $105868.51 $81247.20 $24621.31
2022$101950.00+3.8%$78240.00+3.8%$23710.00
2021$97412.78+4.7%$74757.98+4.7%$22654.80
2020$94869.18+2.7%$72805.93+2.7%$22063.25
2019$92944.30+2.1%$71328.71+2.1%$21615.59
2018$90813.18+2.3%$69693.22+2.3%$21119.97
2017$88888.30+2.2%$68215.99+2.2%$20672.31
2016$87032.16+2.1%$66791.53+2.1%$20240.64
2015$85382.27+1.9%$65525.34+1.9%$19856.93
2014$83663.62+2.1%$64206.39+2.1%$19457.23
YearThis OccupationCompared to All OccupationsDifference
Current  $105868.51 $51997.83 $53870.68
2022$101950.00+3.8%$50270.00+3.4%$51680.00
2021$97412.78+4.7%$47564.16+5.7%$49848.62
2020$94869.18+2.7%$45934.13+3.5%$48935.05
2019$92944.30+2.1%$44630.11+2.9%$48314.19
2018$90813.18+2.3%$43326.09+3.0%$47487.09
2017$88888.30+2.2%$42087.27+2.9%$46801.03
2016$87032.16+2.1%$41109.26+2.4%$45922.91
2015$85382.27+1.9%$40066.04+2.6%$45316.23
2014$83663.62+2.1%$39218.43+2.2%$44445.20
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 2023
Top Areas For This Occupation
Best Pay
Median Wage / Employment
Bridgeport-Stamford $106,575     
New Haven $105,869     
Hartford $103,075  370  
Highest Employment
Median Wage / Employment
Hartford $103,075  370  
Bridgeport-Stamford $106,575     
New Haven $105,869     
Wages in other areas
Go Connecticut LMI Home State of Connecticut Department of Labor - Office of Research
200 Folly Brook Boulevard, Wethersfield, CT 06109
LMI Home | CTDOL Home | CT.gov | Feedback | Disclaimer | Privacy Policy | Accessibility Policy
This workforce product was funded by a grant awarded by the U.S. Department of Labor's Employment and Training Administration. (more)		 Go to the State of Connecticut website