Economics Teacher Salary in 2026
How Much Do Economics Teachers Make?
Economics Teachers earn a median annual salary of $119,980 as of 2026, based on BLS Occupational Employment and Wage Statistics (OEWS) data. Wages span from $57,550 at the 10th percentile to $217,160 at the 90th percentile — a range of $159,610. The highest-paying state is New Hampshire at $154,840.
| Percentile | Annual salary |
|---|---|
| 10th percentile | $57,550 |
| 25th percentile | $80,850 |
| Median (50th) | $119,980 |
| 75th percentile | $166,600 |
| 90th percentile | $217,160 |
Economics Teacher Salary by State
Median annual salary across all 50 states. Click a column to sort.
| State | Median salary |
|---|---|
| New Hampshiretop | $154,840 |
| Connecticut | $136,630 |
| Massachusetts | $135,070 |
| District of Columbia | $134,620 |
| New York | $134,480 |
| California | $133,230 |
| Arizona | $131,710 |
| Maryland | $128,150 |
| Virginia | $127,420 |
| New Jersey | $127,050 |
| Illinois | $125,230 |
| Michigan | $123,840 |
| Texas | $121,610 |
| Pennsylvania | $120,010 |
| Maine | $118,150 |
| Alabama | $116,190 |
| North Carolina | $109,890 |
| Iowa | $108,320 |
| Kentucky | $107,810 |
| Georgia | $107,680 |
| Vermont | $107,040 |
| New Mexico | $105,570 |
| Tennessee | $104,760 |
| Minnesota | $103,920 |
| Wisconsin | $103,740 |
| Oregon | $103,560 |
| Oklahoma | $102,930 |
| Indiana | $102,780 |
| Utah | $102,590 |
| Idaho | $102,100 |
| Delaware | $101,670 |
| South Carolina | $101,110 |
| Arkansas | $100,110 |
| Kansas | $99,320 |
| Colorado | $98,060 |
| Ohio | $96,840 |
| Mississippi | $95,420 |
| West Virginia | $86,250 |
| Washington | $85,630 |
| Florida | $56,560 |
Highest-Paying Metros for Economics Teachers
Economics Teacher Salary by Experience
Estimated salary ranges derived from BLS wage percentiles. Entry level corresponds to P10–P25, mid-career to the median, experienced to P75, and senior to P90+.
| Experience level | Estimated salary |
|---|---|
| Entry level (0–2 yrs) | ~$57,550 – $80,850 |
| Mid career (3–7 yrs) | ~$119,980 |
| Experienced (8–15 yrs) | ~$166,600 |
| Senior (15+ yrs) | $217,160+ |
How to Earn More as an Economics Teacher
Location is the single biggest salary lever: Economics Teachers in Austin-Round Rock-San Marcos, TX earn $162,440 — $42,460 above the national median. An advanced credential — such as a graduate degree or specialized certification — is consistently associated with higher earnings in this field. Reaching the 75th percentile ($166,600) typically requires 5–10 years of experience plus specialization in a high-demand area.
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Economics Teacher Salary vs Similar Careers
| Career | Median salary |
|---|---|
| Economics Teacherthis career | $119,980 |
| Education Administrator | $103,960 |
| Economist | $115,440 |
| Environmental Economist | $115,440 |
| Business Teacher | $97,270 |
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SOC: 25-1063.00 · Data: BLS OEWS 2026, O*NET 29.1 · Salary figures are national medians unless otherwise noted.