According to Payscale.com, the average salary for a college professor is $48,638 . This is based on the reported salaries of more than 50,000 employees at 24,000 job titles. The average salary is calculated as an unweighted mean. In addition, the resources from PayScale state that salary ranges can vary widely depending on your geographic location, years of experience and subject-matter expertise.
The average salary for a college professor is $80,000 per year.
A college professor is an individual who instructs students in a college or university setting. A college professor may teach one or more subjects, such as mathematics, history, philosophy and sociology. In addition to teaching classes, professors are often involved in research projects and other academic endeavors that require their expertise.
Many factors influence the amount of money a professor makes each year, including years of experience, educational background and geographic location. In addition to salary differences between industries and regions, there are differences between public and private institutions as well as between those who teach full-time and those who teach part-time.
What is the average salary for a college professor
If you are thinking about becoming a college professor, you will want to be aware of the average salary for this profession. According to the Bureau of Labor Statistics, in May 2015, the average salary for a college professor was $76,000. The range of salaries for college professors is between $31,000 and $138,000. The pay for college professors varies greatly. Some factors that affect salary include the school at which one is employed and whether or not they are on the tenure track while others may include geographic location and subject matter.
According to the Bureau of Labor Statistics, in May 2015, the average salary for a college professor was $76,000.
According to the Bureau of Labor Statistics, in May 2015, the average salary for a college professor was $76,000. The average salary varies by state and region as well as school type (e.g., public or private). For example, according to PayScale.com’s survey of 523 professors at colleges and universities throughout the U.S., their median starting salary was about $45K per year at public institutions and about $46K per year at private ones. The highest-paid professors worked at four-year colleges in New England ($85K) or California’s Bay Area ($67K); the lowest-paid got jobs in West Virginia ($39K).
According to Payscale’s data on midlevel salaries (between 10 years’ experience and 20), which they gathered from 1 million respondents working across all industries between 2013 and 2017:
- Professors earn more than twice what high school teachers make—$107k vs $51k per year;
- College presidents make over three times as much as most full professors do ($425k vs $124k);
- And there are some fields where even tenured faculty members can’t get paid enough to live on: The median pay for humanities professors is only $56k per year!
The range of salaries for college professors is between $31,000 and $138,000.
The range of salaries for college professors is between $31,000 and $138,000.
The Bureau of Labor Statistics (BLS) reports that the median salary for a college professor was $63,120 in May 2015, with an hourly wage ranging from $16.82 to $60.38 per hour. The BLS also reported that the lowest 10 percent earned less than $31,360 per year and the highest 10 percent earned more than $138,080 per year.
These findings are based on U.S.-based workers employed in colleges and universities who primarily teach undergraduate courses or instruct lower-division courses; advanced work at the graduate level is not included here because it’s outside this category’s scope .
The pay for college professors varies greatly.
The pay for college professors varies greatly. The average salary for a college professor is $75,000, but this number can be significantly higher or lower depending on a number of factors.
The most important factor in determining how much you will make as a professor is the school where you teach. For example, colleges with smaller student enrollments are more likely to pay more than those with larger numbers of students because they have fewer faculty members taking classes and therefore need to offer competitive salaries in order to attract quality candidates willing to teach at their institution. On the other hand, schools with high enrollment numbers may not have as much money available for each individual instructor and thus may require professors who want those positions to accept lower wages for teaching there. Another important factor in determining how much money you will earn as an educator is whether or not your position is tenure-track or tenured (or both). Tenure-track instructors must reapply yearly for their jobs whereas tenured staff members cannot easily be fired from their positions unless there are serious issues involved such as misconduct on campus grounds etcetera .
There are many factors that affect salary as a college professor.
There are many factors that affect salary as a college professor. The type of college you work at, the number of students enrolled at the school, and your educational background are all factors that can affect how much you make each year. There are also more specific factors to consider such as if you have tenure and what job title you hold within your department. The cost of living in an area will also affect how much money a professor makes per year.
Professors on the tenure track can expect a six-figure salary fairly quickly.
- Professors on the tenure track can expect a six-figure salary fairly quickly.
- Tenure track professors typically have job security and a lot of freedom, but also quite a bit of responsibility and some mentoring duties.
- They are paid well, but not as much as those at private universities or liberal arts schools—and certainly not as much as administrators or faculty in research institutions such as MIT or Stanford University.
Not all college professors work on the tenure track.
First, some clarification: not all college professors work on the tenure track. In fact, most don’t. The tenure track is a system of employment that provides professors with job security and other benefits in exchange for completing certain requirements. If you’re interested in pursuing this type of career, it’s helpful to understand what being on the tenure track entails—and what it doesn’t include.
Although earning tenure isn’t required for all professorships (many institutions prefer candidates who have PhDs), getting on the path toward obtaining it starts with completing your graduate degree and landing an entry-level teaching position at a college or university. After you’ve been employed by an institution for several years (usually between five and seven), you can request consideration for promotion from assistant professor up to full professor by submitting a dossier detailing how well your research aligns with institutional priorities as well as how effectively you’ve taught students at various stages within their academic careers.
Once promoted through multiple ranks within academia—assistant professor through full professor—most people assume their job security is guaranteed until retirement age; however, this isn’t necessarily true if one fails to meet certain criteria: publishing articles regularly in peer-reviewed journals; receiving grants from outside sources such as private donors or government agencies; participating actively in professional organizations like the American Association of University Professors (AAUP) while maintaining good relationships among colleagues within academic departments or research groups.
The highest-paying colleges are generally private colleges.
The average salary for a college professor is $84,233. However, the highest-paying colleges are generally private colleges.
These schools tend to pay more because they have more resources and fewer students than public universities do. Private schools can hire fewer faculty members but still charge tuition that’s similar to what most state schools charge.
Public universities have lower salaries because they must compete with a larger pool of candidates for each position and often have higher turnover rates than private institutions do (because they’re more accessible to people who want graduate degrees). This means that public universities need more staff members and programs so they can serve more students at once—and this makes it hard for them to give each employee higher compensation packages than those offered by smaller schools with fewer programs available on campus
The number of students enrolled at the school affects how much you will be paid as a professor.
The number of students enrolled at the school affects how much you will be paid as a professor. The average annual salary for professors ranges from $36,000 to $80,000, depending on the size and type of institution. The more classes you teach and the longer time you’ve been teaching is also important when determining your salary as a professor.
College professors earn an average of $76,000 per year — but that figure can vary widely depending on context.
The average college professor salary is $76,000 per year. However, this figure varies greatly depending on the context of their employment. For example, most professors who work at private colleges earn more than those that work at public institutions or universities. Additionally, tenure-track professors tend to make a higher salary than adjuncts do in the same position (see below).
One factor that influences your annual pay as a professor depends on whether you are employed full time or part time and for how long you have held that position; these two factors can influence your monthly rate as well. According to PayScale’s data from March 2018 , an assistant professor earns around $59K annually while a tenured associate earns about $80K annually; both of these figures include benefits such as health insurance and retirement contributions but don’t account for overtime pay or bonuses paid out by employers during special occasions like graduation season which could significantly increase this number even further depending on how many hours worked during those periods compared with other months throughout each year when there isn’t much demand placed upon teachers’ schedules due to less school activity outside regular class hours (aside from grading papers).
The bottom line is this: If you’re thinking of becoming a college professor, do your research. There are many factors that can affect the salary you will earn. You should think about what type of school you want to work at and how long it will take for you to get tenure. Once you know these things, then it’s time to start looking for jobs in the field!