Illinois Median
$124,850
per year
Hourly Rate
$60.02
based on 2,080 hrs/yr
vs National
+1% vs US median
US median $123,920
State Rank
#17 of 42
460 employed here
How much does an Economics Teacher, Postsecondary make in Illinois?
An Economics Teacher, Postsecondary working in Illinois earns a median salary of $124,850 per year, or about $60.02 per hour. That is 1% above the national median of $123,920 for this occupation.
Within Illinois, entry-level pay starts around $59,090 while the top 10% make $202,490 or more. The middle 50% of earners fall between $86,890 and $166,630 a year.
Economics Teacher, Postsecondary salary range in Illinois
| Pay level | Annual salary | Hourly rate | |
|---|
| 10th percentile (entry level) | $59,090 | $28.41 |
|
| 25th percentile (early career) | $86,890 | $41.77 |
|
| 50th percentile (median) | $124,850 | $60.02 |
|
| 75th percentile (experienced) | $166,630 | $80.11 |
|
| 90th percentile (top earners) | $202,490 | $97.35 |
|
How Illinois compares
Illinois ranks 17th out of 42 states and territories for Economics Teacher, Postsecondary pay. The top 5 best-paying states:
Economics Teacher, Postsecondary salary in other states
New Hampshire $201,610Massachusetts $164,410District of Columbia $161,860Connecticut $155,950California $137,360Arizona $137,250Oregon $136,450Vermont $134,850Maryland $133,540Louisiana $132,670Nebraska $130,980Michigan $129,400Virginia $128,790Utah $128,370New York $127,500Maine $125,960Texas $118,530Pennsylvania $117,970Georgia $117,600Missouri $116,530North Carolina $114,200New Mexico $110,020New Jersey $109,880South Carolina $109,060Minnesota $108,460Oklahoma $107,260Kentucky $106,250Ohio $105,930Indiana $105,390Tennessee $104,560Kansas $103,490Alabama $101,250Wisconsin $99,970Colorado $98,870Washington $96,500West Virginia $91,170Florida $91,140Mississippi $88,290South Dakota $85,700Iowa $85,090Arkansas $76,610
Working as an Economics Teacher, Postsecondary in Illinois
Nationally, about 12,000 people work as Economics Teachers, Postsecondary in the United States. A bachelor's degree (about 4 years of college) is the standard entry requirement.
Considering a move? Compare Illinois pay ($124,850) against the highest-paying state above, and weigh the difference against housing and everyday costs — a smaller paycheck in a cheaper state can stretch further.
Frequently asked questions
How much does an Economics Teacher, Postsecondary make in Illinois?
The median Economics Teacher, Postsecondary salary in Illinois is $124,850 per year, or about $60.02 per hour, per official BLS state wage estimates. Salaries typically range from $59,090 at the entry level to $202,490 for the top 10% of earners.
How does Illinois pay compare to the national average?
Illinois pays Economics Teachers, Postsecondary about 1% more than the national median of $123,920. Illinois ranks 17th out of 42 states and territories reporting this occupation.
Is Illinois a good state for Economics Teachers, Postsecondary?
Yes on pay — Illinois pays above the national median for this occupation, at $124,850 a year. About 460 Economics Teachers, Postsecondary are employed in Illinois. Weigh that against local housing and living costs before moving.
What are the highest-paying jobs in Illinois?
The highest-paying occupations in Illinois include Cardiologist ($517,850), Surgeon, All Other ($438,010), Dermatologist ($435,750), based on median annual pay in official BLS state estimates.
← See the national Economics Teacher, Postsecondary salary report
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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), Unknown vintage. Education requirements: O*NET (U.S. Department of Labor). State figures are official BLS state-level wage estimates. Where BLS suppresses a state percentile, it is scaled from the official national distribution. Individual pay varies by employer, metro area, and experience.