Discussion Paper

Teacher Wages and Purchasing Power in the Fifth District

Abstract: Teacher pay is notorious for being low considering teachers' vital role educating young people and preparing them for lifelong learning. At a national level, the difference between teachers' average wages and those of other college graduates has been growing over the past 25 years. But aggregate statistics obscure local variation in teacher wages. As seen in a recent District Digest article on resolving the gap in teacher supply, teachers' starting salaries vary throughout the Fifth District.

Keywords: teacher pay; earnings; Purchasing Power; wage gaps;

Access Documents


Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Regional Matters

Publication Date: 2022-11-04