How Much Can I Earn with an Online Teaching Degree?
A career in education is undoubtedly worthwhile, and provides ample opportunities to inspire a love of learning in students of all ages, from children setting foot in a classroom for the first time to working adults retraining for a new vocation. And if you've earned an online teaching degree or another degree in the field of education, you'll reap the financial rewards as well.
Although teaching isn't necessarily thought of as a high-paying career—in fact, most people assume the opposite is true—the truth is, many factors affect one's pay in the education sector. Overall, when benefits and work schedules are factored in, the compensation for being an educator is rather attractive.
The news for the future is encouraging, too. A recent survey by the American Federation of Teachers indicated that in 2006-07, teachers' pay increased 4.5 percent over the previous year to an average annual salary of $51,009.
However, salaries vary widely according to a number of factors, including your career within the education industry, geographic location and years of experience. All of those variables aside, an online teaching degree or other academic study in the field of education is a major plus—and usually a prerequisite—when it comes to finding an ideal career and optimizing your salary.
Salaries for Online Teaching Degree Holders
Salaries in the education field vary widely depending on what career path you choose. Broadly speaking, occupations in postsecondary teaching and education administration offer the highest average salaries; such jobs often also require advanced training such as a master's or doctoral degree.
College- and university-level professors usually have an advanced degree in the subject they teach. Administrators such as school principals often hold a specialized master's or doctorate in education administration. An in-person or online teaching degree can help make a wider array of jobs accessible to you, and improve your salary prospects. Consider this: a high school principal with a degree in education administration can earn twice as much as a high school teacher.
Education Salaries by Job Type
| Careers in Education and Teaching | Median Salary |
|---|---|
| Elementary School Teacher | $41,771 |
| High School Teacher | $44,168 |
| Assistant Professor, Postsecondary Institution | $54,874 |
| Instructional Coordinator/Curriculum Specialist | $56,880 |
| High School Principal | $97,486 |
As a teacher or education professional, your experience matters—those with five or more years of experience can make nearly $10,000 more annually than entry-level workers who have just graduated with an online teaching degree. However, entry-level salaries are increasing, according to the American Federation of Teachers. The AFT cited a 2008 report by the National Association of Colleges and Employers in which salary offers for recent graduates ranged from $25,000 to $40,000 for teachers and $30,000 to $40,000 in educational services.
Education Salaries by Years Experience
| Education Industry – Years Experience | Median Salary |
|---|---|
| Less than 1 year | $35,735 |
| 1 to 4 years | $38,999 |
| 5 to 9 years | $45,094 |
| 10 to 19 years | $51,322 |
| 20 or more years | $59,425 |
Location has a significant effect on median annual salaries throughout the education industry. The primary reason for this is cost-of-living differences. Below is a breakdown of some of the highest-paying U.S. states in terms of median annual salary for teachers and for education careers overall.
Education and Teaching Salaries by Geographic Location
| Teachers' Pay by Geographic Location | Median Salary |
|---|---|
| California | $63,640 |
| Connecticut | $61,039 |
| New Jersey | $59,730 |
| New York | $59,557 |
| Rhode Island | $58,420 |
| Education Administration Pay by Geographic Location | Median Salary |
|---|---|
| California | $52,802 |
| New York | $50,059 |
| New Jersey | $49,913 |
| Illinois | $44,897 |
| Pennsylvania | $44,843 |
Online Education Career Resource Center
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- Online Degrees in Education Home
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- Careers in Education: A Degree Online Can Get You Started
- Online Education Degree Spotlight: Teaching Careers
- Online Education Degree Salaries
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