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 Southwest Workforce Development Area
Select Area Select Occupation
Southwest WDA (1Q 2023)
All Industry
Estimated employment210
Mean wage$123,991
Entry wage$67,365
10th percentile wage$65,378
50th percentile wage$104,427
90th percentile wage$211,832
 Top Employing Industries
 IndustryEmployment / Percent
Education and Health Services210100%
 Top Paying Industries
 IndustryEmployment / Median Wage
Education and Health Services210$104,427
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  $104427.16 $65241.79 $39185.37
2022$100562.00+3.8%$62827.00+3.8%$37735.00
2021$96086.55+4.7%$60030.92+4.7%$36055.63
2020$93577.58+2.7%$58463.42+2.7%$35114.16
2019$91678.91+2.1%$57277.21+2.1%$34401.70
2018$89576.80+2.3%$55963.90+2.3%$33612.91
2017$87678.13+2.2%$54777.68+2.2%$32900.44
2016$85847.26+2.1%$53633.84+2.1%$32213.43
2015$84219.83+1.9%$52617.08+1.9%$31602.75
2014$82524.58+2.1%$51557.96+2.1%$30966.62
YearThis OccupationCompared to All OccupationsDifference
Current  $104427.16 $58615.73 $45811.43
2022$100562.00+3.8%$56668.00+3.4%$43894.00
2021$96086.55+4.7%$53617.77+5.7%$42468.77
2020$93577.58+2.7%$51780.29+3.5%$41797.29
2019$91678.91+2.1%$50310.30+2.9%$41368.61
2018$89576.80+2.3%$48840.32+3.0%$40736.49
2017$87678.13+2.2%$47443.83+2.9%$40234.30
2016$85847.26+2.1%$46341.34+2.4%$39505.92
2015$84219.83+1.9%$45165.35+2.6%$39054.48
2014$82524.58+2.1%$44209.86+2.2%$38314.72
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
North Central $111,281  140  
South Central $107,770  420  
Eastern $105,131     
Southwest $104,427  210  
Highest Employment
Median Wage / Employment
South Central $107,770  420  
Southwest $104,427  210  
North Central $111,281  140  
Eastern $105,131     
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