The annual salary statistics of postsecondary psychology teachers in Albany-Schenectady-Troy, New York is shown in Table 1. The wage statistics of postsecondary psychology teachers in Albany-Schenectady-Troy is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $51,770 |
| 25th Percentile Wage | $63,900 |
| 50th Percentile Wage | $80,850 |
| 75th Percentile Wage | $102,560 |
| 90th Percentile Wage | $130,430 |
Table 1 shows the average annual salary for postsecondary psychology teachers in Albany-Schenectady-Troy, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $130,430. The median (50th percentile) annual salary is $80,850. The average annual salary for the bottom 10 percent earners is $51,770.
The table and chart below show the trend of the median salary of postsecondary psychology teachers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $80,850 | 1.78% | 15.73% |
| 2021 | $79,410 | -5.34% | - |
| 2020 | $83,650 | 5.50% | - |
| 2019 | $79,050 | 3.77% | - |
| 2018 | $76,070 | 5.82% | - |
| 2017 | $71,640 | 5.71% | - |
| 2016 | $67,550 | 2.12% | - |
| 2015 | $66,120 | -6.96% | - |
| 2014 | $70,720 | 3.17% | - |
| 2013 | $68,480 | 0.51% | - |
| 2012 | $68,130 | - | - |
From Table 3 we note that the median annual salary of $80,850 in Albany-Schenectady-Troy is in the middle of salary range for postsecondary psychology teachers in state of New York. In comparison, the annual salary of postsecondary psychology teachers in Albany-Schenectady-Troy is 33.0 percent (33.0%) lower than that in the highest paying Binghamton and 23.0 percent (23.0%) higher than that in the lowest paying Southwest New York nonmetropolitan area.