Professor Of Economics salary in United States Of America

Average Yearly Salary of Professor Of Economics in United States Of America is approximately 109,476 USD (109,687 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Professor Of Economics do?

A professor of economics is an academic professional who specializes in teaching and researching various aspects of the field of economics. They typically work in universities or colleges, where they deliver lectures, lead seminars, and conduct research on economic theories, principles, and policies. Professors of economics are responsible for designing and implementing course curricula, grading assignments and exams, advising students, and supervising graduate students' research projects. They may also publish scholarly articles, books, and papers to contribute to the advancement of economic knowledge.

Skills: Professor, Economics, Academia, Research, Teaching, Economic Theories
Job industry: Education

How much does Professor Of Economics make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Professor Of Economics a well paid job?

Yes, our data shows that Professor Of Economics is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Professor Of Economics?

High salary for Professor Of Economics would be somewhere between 120,424 USD and 158,740 USD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Professor Of Economics in United States Of America?

Living in United States Of America the approximate monthly expenses are: 2,280 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 109,476 USD
Estimated Monthly Salary: 9,123 USD
Estimated Weekly Salary: 2,105 USD per week
Estimated Hourly Salary: 53 USD per hour
By working as Professor Of Economics a person can save up to 6,861 USD per month or 82,327 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in United States Of America, see costs of living in United States Of America.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Canada, Mexico.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Professor Of Economics

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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