SOC 25-1063 · Baltimore-Columbia-Towson, MD metro

Economics Teachers, Postsecondary Salary in Baltimore, MD

The average salary for economics teachers, postsecondary in Baltimore, Maryland is $162,470 a year, according to BLS estimates for May 2025. The median is $133,540: half of the 110 people in this job in the Baltimore-Columbia-Towson, MD metro area earn more than that, half earn less. That average is 17% more than the U.S. average for this job ($138,850).

$162,470average per year

Median $133,540Take-home ≈ $114,553

  • $63K10th
  • $90K25th
  • $134KMedian
  • $231K75th
  • $332K90th

median average · bar = middle 50% of workers · how to read it

110people in this job
+17%vs U.S. average
104cost of living (U.S. = 100)
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Economics Teachers, Postsecondary pay range in Baltimore

New workers and the lowest-paid 10% earn about $62,520 a year or less, while the top 10% make $332,020 or more. The middle half of economics teachers, postsecondary in Baltimore earn between $90,090 and $230,950.

  • $63K10th
  • $90K25th
  • $134KMedian
  • $231K75th
  • $332K90th

median average · bar = middle 50% of workers · how to read it

Pay levelPer yearPer monthPer hour*
Average$162,470$13,539—
Median$133,540$11,128—
Entry level (25th percentile)$90,090$7,508—
Experienced (75th percentile)$230,950$19,246—

*Hourly figures assume 2,080 paid hours a year (BLS publishes this job's pay as annual only). Hourly to annual salary.

Economics Teachers, Postsecondary pay in Baltimore vs. Maryland and the U.S.

Economics teachers, postsecondary in Baltimore earn about the same as the Maryland average ($163,950) and 17% more than the U.S. average ($138,850). At the median the gap is +8% against the U.S. median of $123,920.

AreaAverageMedian10th pct.90th pct.Jobs
Baltimore$162,470$133,540$62,520$332,020110
Maryland$163,950$133,540$79,090$315,500200
United States$138,850$123,920$64,060$224,20011,560

State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.

Economics Teachers, Postsecondary salary after taxes in Baltimore

On the average salary of $162,470, a single filer in Baltimore takes home about $114,553 a year, or $9,546 a month and $4,406 every two weeks. Taxes take 29% of gross pay.

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). Maryland's county income tax (2.25%–3.30%, charged in every county) is not included, so real take-home pay is lower.

Maryland paycheck calculator: try your own salary

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Is Baltimore a good place for economics teachers, postsecondary? Pay vs. cost of living

Prices in the Baltimore area are 4% above the U.S. average (BEA price parity 104.5), so the average $162,470 buys what about $155,493 would buy in a typical U.S. metro. This job pays 2.3 times the median wage of all jobs in Baltimore ($59,070). A typical home costs $405,877, or 2.5 years of this average salary before tax.

See what $162,470 is worth in another city

Economics Teachers, Postsecondary salary in nearby metro areas

Highest-paying cities for economics teachers, postsecondary

Ann Arbor, MI pays this job the most of the metro areas we cover ($234,120).

Economics Teachers, Postsecondary salary by city

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Economics Teachers, Postsecondary salary in Baltimore: questions

What is the entry-level economics teachers, postsecondary salary in Baltimore?

The lowest-paid 10% earn about $62,520 a year and the 25th percentile is $90,090, a fair guide to starting pay.

What is the economics teachers, postsecondary take-home pay in Baltimore?

About $114,553 a year ($9,546 a month) for a single filer on the average salary of $162,470. Maryland's county income tax (2.25%–3.30%, charged in every county) is not included, so real take-home pay is lower.

Do economics teachers, postsecondary earn more in Baltimore than elsewhere?

The average here is 17% more than the U.S. average for this job ($138,850).

Sources and how to read this page

  • Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 25-1063; area Baltimore-Columbia-Towson, MD (12580). Relative standard error of the mean wage: 1.3%.
  • U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
  • Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
  • Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
  • Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). Maryland's county income tax (2.25%–3.30%, charged in every county) is not included, so real take-home pay is lower.
  • Job concentration: location quotient 1.09, this job is about as common as in the U.S. overall.

Read the full methodology. Spotted an error? Tell us.