Economics Teachers, Postsecondary pay range in Minneapolis
New workers and the lowest-paid 10% earn about $76,480 a year or less, while the top 10% make $372,660 or more. The middle half of economics teachers, postsecondary in Minneapolis earn between $83,920 and $137,080.
- $76K10th
- $84K25th
- $103KMedian
- $137K75th
- $373K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $141,380 | $11,782 | — |
| Median | $103,430 | $8,619 | — |
| Entry level (25th percentile) | $83,920 | $6,993 | — |
| Experienced (75th percentile) | $137,080 | $11,423 | — |
*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 Minneapolis vs. Minnesota and the U.S.
Economics teachers, postsecondary in Minneapolis earn 9% more than the Minnesota average ($130,050) and about the same as the U.S. average ($138,850). At the median the gap is -17% against the U.S. median of $123,920.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Minneapolis | $141,380 | $103,430 | $76,480 | $372,660 | 170 |
| Minnesota | $130,050 | $108,460 | $73,120 | $218,670 | 250 |
| United States | $138,850 | $123,920 | $64,060 | $224,200 | 11,560 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Economics Teachers, Postsecondary salary after taxes in Minneapolis
On the average salary of $141,380, a single filer in Minneapolis takes home about $99,634 a year, or $8,303 a month and $3,832 every two weeks. Taxes take 30% of gross pay.
The Minneapolis-St. Paul-Bloomington, MN-WI metro area crosses state lines, so take-home pay depends on the state where you work:
| State | Per year | Per month |
|---|---|---|
| Working in WI | $101,047 | $8,421 |
| Working in MN | $99,634 | $8,303 |
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Minnesota Paid Leave premiums are not included.
Is Minneapolis a good place for economics teachers, postsecondary? Pay vs. cost of living
Prices in the Minneapolis area are 5% above the U.S. average (BEA price parity 104.8), so the average $141,380 buys what about $134,876 would buy in a typical U.S. metro. This job pays 1.7 times the median wage of all jobs in Minneapolis ($59,320). A typical home costs $393,774, or 2.8 years of this average salary before tax.
Economics Teachers, Postsecondary salary in nearby metro areas
- Milwaukee, WI$112,090
- Chicago, IL$124,370
- Ann Arbor, MI$234,120
- Detroit, MI$108,760
- Columbus, OH$125,730
- Cleveland, OH$109,690
Highest-paying cities for economics teachers, postsecondary
Ann Arbor, MI pays this job the most of the metro areas we cover ($234,120).
- Ann Arbor, MI$234,120
- Boston, MA$206,420
- Lexington, KY$205,000
- College Station, TX$190,330
- Santa Maria, CA$182,030
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Economics Teachers, Postsecondary salary in Minneapolis: questions
What is the entry-level economics teachers, postsecondary salary in Minneapolis?
The lowest-paid 10% earn about $76,480 a year and the 25th percentile is $83,920, a fair guide to starting pay.
What is the economics teachers, postsecondary take-home pay in Minneapolis?
About $99,634 a year ($8,303 a month) for a single filer on the average salary of $141,380. Minnesota Paid Leave premiums are not included.
Do economics teachers, postsecondary earn more in Minneapolis than elsewhere?
The average here is about the same as 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 Minneapolis-St. Paul-Bloomington, MN-WI (33460). Relative standard error of the mean wage: 0.3%.
- 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 (2026 rules). Minnesota Paid Leave premiums are not included.
- Job concentration: location quotient 1.16, this job is about as common as in the U.S. overall.
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