Preferences Over The Characteristics of Economics Departments

Summary Statistics on Average Salary Data



Overview:

Department chairs were surveyed in January 2002. The email-based survey asked each chair to provide the most current average salary data by faculty rank.

Thirty-two of the department chairs provided at least one average: 21 chairs (68%) at public universities/colleges and 11 (42%) at private universities/colleges.

Average 2001/2002 salary data, summary statistics (this data was not reported by gender):

Overall

Mean

Median

Min

Max

S.d.

Assistant

 $  71,516

 $  71,000

 $ 63,000

 $  90,000

 $   5,639

Associate

 $  85,500

 $  79,000

 $ 62,000

 $130,000

 $ 18,322

Full

 $122,700

 $118,500

 $ 90,000

 $170,000

 $ 21,638

Public

Mean

Median

Min

Max

S.d.

Assistant

 $  70,500

 $  70,500

 $ 63,000

 $  81,000

 $   4,433

Associate

 $  81,300

 $  76,500

 $ 62,000

 $125,000

 $ 15,421

Full

 $111,550

 $110,500

 $ 90,000

 $145,000

 $ 13,818

 

Private

Mean

Median

Min

Max

S.d.

Assistant

 $  73,364

 $  71,000

 $ 65,000

 $  90,000

 $   6,971

Associate

 $  99,500

 $  96,500

 $ 76,000

 $130,000

 $ 20,180

Full

 $145,000

 $146,500

 $120,000

 $170,000

 $ 16,637

Top 15

Mean

Median

Assistant

 $  77,000

 $  75,000

Associate

 $108,800

 $120,000

Full

 $144,143

 $145,000

 

16 - 30

Mean

Median

Assistant

 $  70,000

 $  75,000

Associate

 $  83,429

 $  76,000

Full

 $129,111

 $127,000

 

31 +

Mean

Median

Assistant

 $  69,857

 $  69,000

Associate

 $  78,214

 $  77,000

Full

 $107,857

 $105,500

Click here for reported salary summary statistics.
Click here for household income summary statistics.

View Results:
Home page for faculty study
Criteria for selecting the Top 50 U.S. Departments
Summary statistics on individual salary data in the public record
View Choice Question Survey and Results


Contact me via email | Home Page | Top of Page

Last Update: 06-23-04