Colleges, universities & professional schools, including junior colleges

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Workforce

4.25M

2017 ACS Estimate

Average Employee Age

40.2

Estimated Job Growth

N/A%

10-Year Projection

Average Salary

$49,982

Average Male Salary

$57,924

Average Female Salary

$43,617

About

The top three occupations in the Colleges, universities & professional schools, including junior colleges Industry Group are Postsecondary teachers, Education administrators, Secretaries & administrative assistants, Counselors, and Office clerks, general. On average, full-time employees in the Colleges, universities & professional schools, including junior colleges Industry Group work 43.9 hours per week and have an average annual salary of $67,524. Part-time employees in the same industry work 17.5 hours and earn an average annual salary of $13,750.

The locations with the highest concentration of employees in the Colleges, universities & professional schools, including junior colleges Industry Group are Ann Arbor City Area PUMA, MI, Tompkins County PUMA, NY, and Centre County PUMA, PA. The industry that purchases the most products or services from the Hospitals Industry Group is Colleges, universities & professional schools, including junior colleges.

Workforce

A snapshot of jobs, wages, and opportunities in the Colleges, universities & professional schools, including junior colleges Industry Group. Postsecondary teachers are the most common position, but the Colleges, universities & professional schools, including junior colleges Industry Group employs a relatively high number of Postsecondary teachers, compared to other industries. 

The highest average salary in Colleges, universities & professional schools, including junior colleges goes to Physicians & surgeons.

Occupations

Occupations by Share

4.25M

Workforce (ACS Estimate)

± 49.9k

1.46%

1 Year Growth

± 1.64%

According to ACS estimates, the number of people employed in the Colleges, universities & professional schools, including junior colleges Industry Group has been growing at a rate of 1.46%, , from 4.19M people in 2016 to 4.25M people in 2017.

The following graphic shows the share of employment in Colleges, universities & professional schools, including junior colleges by various occupations according to ACS estimates. Postsecondary teachers represent the largest share of positions held in Colleges, universities & professional schools, including junior colleges at 34.4%, followed by Education administrators with 7.52% and Secretaries & administrative assistants with 4.06%.

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Most Common

The most common occupations in the Colleges, universities & professional schools, including junior colleges Industry Group, by number of employees, are Postsecondary teachers, Education administrators, Secretaries & administrative assistants, Counselors, and Office clerks, general.

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Most Specialized

Compared to other Industry Groups, Colleges, universities & professional schools, including junior colleges employs an unusually high number of Postsecondary teachers, Residential advisors, and Education administrators.

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Highest Paid

The highest paid occupations in Colleges, universities & professional schools, including junior colleges, by average wage, are Physicians & surgeons, Chief executives & legislators, and Architectural & engineering managers.

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Wages

Average Salary

$49,982

AVERAGE WAGE

± $670

On average, employees in the Colleges, universities & professional schools, including junior colleges Industry Group make $49,982 per year. This number makes Colleges, universities & professional schools, including junior colleges the 144 highest paying Industry Group in the United States out of a total of 266 Industry Groups.

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Wage by Location

HIGHEST PAYING PUBLIC USE MICRODATA AREA

This map shows which public use microdata areas (PUMAs) pay the highest average salary to employees in the Colleges, universities & professional schools, including junior colleges Industry Group.

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Wage Distribution

0.496

WAGE GINI

Colleges, universities & professional schools, including junior colleges has a wage GINI of 0.496, which is more than than the national average of 0.479. In other words, wages are distributed less evenly in Colleges, universities & professional schools, including junior colleges (shown in red) in comparison to the national average for those wage buckets (shown in gray).

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Opportunities

Spatial Concentration

This map shows the PUMAs in the United States that have revealed comparative advantage in the Colleges, universities & professional schools, including junior colleges Industry Group.

These are locations that employ more people in the Colleges, universities & professional schools, including junior colleges Industry Group than expected given both the size of that location's overall labor pool and the national size of the Colleges, universities & professional schools, including junior colleges Industry Group.

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Diversity

Demographic information on the Colleges, universities & professional schools, including junior colleges Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $57,924 and $43,617. So too tend to earn more than other races and ethnicities in this industry.

Gender Composition

2.36M

FEMALE WORKFORCE

±37.4k

1.89M

MALE WORKFORCE

±33.5k

55.5% of workers in the Colleges, universities & professional schools, including junior colleges Industry Group are Female, making them the more common gender in the workforce. This chart shows the gender breakdown of the Colleges, universities & professional schools, including junior colleges Industry Group.

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Wage by Gender in Common Jobs

$57,924

AVERAGE MALE SALARY

±$1,212

$43,617

AVERAGE FEMALE SALARY

±$700

On average, Male workers in the Colleges, universities & professional schools, including junior colleges Industry Group make 1.33 times more than their Female counterparts. This chart shows the gender-based wage disparity in the 5 most common occupations in the Colleges, universities & professional schools, including junior colleges Industry Group.

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Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

  1. White

  2. Asian

  3. American Indian and Alaska Native tribes specified; or American Indian or Alaska Native, not specified and no other races

On average, White employees in the Colleges, universities & professional schools, including junior colleges Industry Group earn 1.04 times more than other races and ethnicities. This chart shows the race and ethnicity-based wage disparities in the 5 most common occupations in the Colleges, universities & professional schools, including junior colleges Industry Group.

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Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Colleges, universities & professional schools, including junior colleges Industry Group. Based on estimates from the Bureau of Economic Analysis, this section indicates the amount of money spent by a specific industry in other industries. Professional and business services has the highest single input, by dollars, to the Colleges, universities & professional schools, including junior colleges Industry Group, and the largest industry purchasing services from the Colleges, universities & professional schools, including junior colleges Industry Group is Educational services, health care, and social assistance.

In this visualization, click on a category to expand or collapse it. All of the industries listed to the left are those places from which the highlighted industry has made purchases. They are the intermediate inputs to the highlighted industry. All those industries listed on the right side are those industries that have made purchases from the highlighted industry. They are the use of outputs of the highlighted industry. The visualizations below offer alternative ways to see and understand this data.

Industrial Flow

The closest comparable data for Colleges, universities & professional schools, including junior colleges is from Educational Services, Health Care & Social Assistance.

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Intermediate Inputs

The Colleges, universities & professional schools, including junior colleges Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Professional and business services Industry. This visualization does not include labor and capital costs.

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Use of Output by Other Industries

The Educational services, health care, and social assistance Industry purchases the greatest share of products and services from the Colleges, universities & professional schools, including junior colleges Industry Group in order to produce other goods and services. Purchases of the Colleges, universities & professional schools, including junior colleges Industry Group for final consumption by consumers, businesses, or government are not included here.

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Projections

Growth projections of the Colleges, universities & professional schools, including junior colleges Industry Group, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 8.13% in the next ten years. The Colleges, universities & professional schools, including junior colleges Industry Group has a lower projected workforce growth at N/A%. Its projected 10-year growth in output (N/A%) is lower than the projected national growth in output (24.6%).

Job Growth

N/A%

ESTIMATED GROWTH

8.13%

NATIONAL AVERAGE

This line chart shows the projected 10-year growth in the number of jobs for the Colleges, universities & professional schools, including junior colleges Industry Group, which is lower than the national average of 8.13%.

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Output Growth

N/A%

ESTIMATED GROWTH

24.6%

NATIONAL AVERAGE

This line chart shows the projected 10-year growth in output of the Colleges, universities & professional schools, including junior colleges Industry Group, which is lower than the national average of 24.6%

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