Economics Teachers Salary by State
The national median pay for economics teachers is $123,920 a year. By state, it ranges from $76,610 in Arkansas to $201,610 in New Hampshire.
Updated October 2026 · Data: BLS OEWS May 2025 · How we match careers
U.S. pay range
- Lowest 10%
- $64,060
- 25th percentile
- $86,840
- Median
- $123,920
- 75th percentile
- $168,770
- Top 10%
- $224,200
Annual pay, all U.S. workers in this job. About 11,560 jobs.
Median pay in 41 states and DC
| # | State | Median | vs. U.S. | Lowest 10% | Top 10% | Jobs |
|---|---|---|---|---|---|---|
| 1 | New Hampshire | $201,610 | +63% | $126,290 | $323,840 | 80 |
| 2 | Massachusetts | $164,410 | +33% | $84,380 | $346,200 | 750 |
| 3 | District of Columbia | $161,860 | +31% | $94,510 | $217,850 | 220 |
| 4 | Connecticut | $155,950 | +26% | $70,380 | $402,560 | 300 |
| 5 | California | $137,360 | +11% | $79,050 | $266,470 | 770 |
| 6 | Arizona | $137,250 | +11% | $87,100 | $297,420 | 100 |
| 7 | Oregon | $136,450 | +10% | $74,790 | $204,780 | 180 |
| 8 | Vermont | $134,850 | +9% | $74,240 | $172,320 | 80 |
| 9 | Maryland | $133,540 | +8% | $79,090 | $315,500 | 200 |
| 10 | Louisiana | $132,670 | +7% | $72,890 | $211,430 | 70 |
| 11 | Nebraska | $130,980 | +6% | $63,360 | $210,440 | 90 |
| 12 | Michigan | $129,400 | +4% | $61,470 | $307,600 | 350 |
| 13 | Virginia | $128,790 | +4% | $57,540 | $229,470 | 460 |
| 14 | Utah | $128,370 | +4% | $43,370 | $171,180 | 150 |
| 15 | New York | $127,500 | +3% | $73,450 | $233,490 | 1,240 |
| 16 | Maine | $125,960 | +2% | $59,820 | $172,930 | 70 |
| 17 | Illinois | $124,850 | +1% | $59,090 | $202,490 | 460 |
| 18 | Texas | $118,530 | −4% | $58,920 | $221,670 | 770 |
| 19 | Pennsylvania | $117,970 | −5% | $67,320 | $202,670 | 610 |
| 20 | Georgia | $117,600 | −5% | $42,810 | $209,260 | 370 |
| 21 | Missouri | $116,530 | −6% | $61,760 | $380,970 | 150 |
| 22 | North Carolina | $114,200 | −8% | $53,890 | $219,260 | 490 |
| 23 | New Mexico | $110,020 | −11% | $81,580 | $132,270 | 60 |
| 24 | New Jersey | $109,880 | −11% | $32,220 | $222,400 | 410 |
| 25 | South Carolina | $109,060 | −12% | $70,860 | $162,800 | 110 |
| 26 | Minnesota | $108,460 | −12% | $73,120 | $218,670 | 250 |
| 27 | Oklahoma | $107,260 | −13% | $53,430 | $171,610 | 110 |
| 28 | Kentucky | $106,250 | −14% | $37,900 | $234,300 | 120 |
| 29 | Ohio | $105,930 | −15% | $61,040 | $166,450 | 410 |
| 30 | Indiana | $105,390 | −15% | $61,910 | $234,330 | 150 |
| 31 | Tennessee | $104,560 | −16% | $58,850 | $172,430 | 250 |
| 32 | Kansas | $103,490 | −16% | $80,190 | $210,210 | 130 |
| 33 | Alabama | $101,250 | −18% | $61,260 | $145,900 | 90 |
| 34 | Wisconsin | $99,970 | −19% | $71,500 | $222,110 | 310 |
| 35 | Colorado | $98,870 | −20% | $58,710 | $166,470 | 270 |
| 36 | Washington | $96,500 | −22% | $61,810 | $170,710 | 190 |
| 37 | West Virginia | $91,170 | −26% | $58,380 | $129,960 | 40 |
| 38 | Florida | $91,140 | −26% | $52,500 | $129,930 | 150 |
| 39 | Mississippi | $88,290 | −29% | $59,150 | $101,560 | 70 |
| 40 | South Dakota | $85,700 | −31% | $52,690 | $126,780 | 40 |
| 41 | Iowa | $85,090 | −31% | $63,790 | $136,300 | 80 |
| 42 | Arkansas | $76,610 | −38% | $69,870 | $130,370 | 40 |
BLS OEWS May 2025 state estimates. States without published data are not listed. “Not published”: BLS withheld the value or it is above the highest amount BLS publishes. Pay is not adjusted for living costs.
Economics Teachers salary questions
Which state pays economics teachers the most?
New Hampshire, with a median of $201,610 a year (+63% vs. the national median of $123,920). BLS May 2025.
Which state pays economics teachers the least?
Arkansas, with a median of $76,610 a year (−38% vs. national).
Where do most economics teachers work?
New York has the most jobs, about 1,240, with a median of $127,500.
Does a higher salary mean more money left over?
Not always. These are pay figures only. Living costs, taxes and housing differ a lot between states, and this page does not adjust for them.