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Personal finance instructor salary

Quoted expert
David McMahan Ph.D.

Average personal finance instructor salary

$95,892

$46.1 hourly rate

Entry-level personal finance instructor salary
$31,000 yearly salary
Updated January 8, 2025

Understanding the Personal Finance Instructor Salary

As a Personal Finance Instructor, your contribution to financial education is invaluable. The average annual salary of $95,892 reflects the demand for skilled educators in this field. Salaries can vary significantly based on factors such as experience, location, and the type of institution. For instance, instructors in states like California and New York often earn higher wages due to the cost of living and demand for financial literacy education.

Salary by State

Examining salary variations across states can help prospective instructors make informed decisions about their career paths. For example, states with a higher cost of living typically offer salaries that align with those expenses. Additionally, metropolitan areas tend to provide better compensation compared to rural settings.

Job Opportunities

Various institutions, including colleges, universities, and community organizations, hire Personal Finance Instructors. Understanding where to find the highest-paying positions can enhance your job search. Whether you're just starting or have years of experience, knowing the salary landscape can significantly impact your career decisions.

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Where can a Personal Finance Instructor earn more?

Compare salary by location
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Columbus, OH$184,315
Dallas, TX$66,195
Compare salary by company
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CHRISTUS Health$160,979
Guilford Technical Community College$26,288

Average personal finance instructor salary by state

The highest-paying states for personal finance instructors are New York, Massachusetts, and Connecticut. The lowest average personal finance instructor salary states are Iowa, Texas, and Utah.

  • State view
  • County view
Average salary:

Highest paying states for personal finance instructors

RankStateAvg. salaryHourly rate
1New York$143,495$68.99
2Connecticut$121,483$58.41
3New Jersey$120,182$57.78
4Massachusetts$132,438$63.67
5Michigan$105,731$50.83
6Rhode Island$108,723$52.27
7West Virginia$113,099$54.37
8Indiana$107,456$51.66
9Delaware$107,613$51.74
10Wisconsin$99,792$47.98
11Pennsylvania$101,558$48.83
12New Hampshire$113,700$54.66
13Vermont$96,492$46.39
14Illinois$101,312$48.71
15Maine$108,905$52.36
16South Carolina$94,316$45.34
17North Carolina$89,128$42.85
18Maryland$96,896$46.58
19Virginia$91,024$43.76
20Kentucky$89,083$42.83
21Georgia$92,027$44.24
22Minnesota$87,887$42.25
23District of Columbia$105,126$50.54
24Missouri$88,604$42.60
25Tennessee$85,050$40.89
26Louisiana$85,824$41.26
27California$83,144$39.97
28Alabama$83,935$40.35
29South Dakota$83,369$40.08
30Nebraska$81,519$39.19
31Colorado$75,331$36.22
32Mississippi$78,867$37.92
33Hawaii$59,264$28.49
34Wyoming$70,848$34.06
35North Dakota$71,691$34.47
36Arizona$82,638$39.73
37Oklahoma$82,355$39.59
38Ohio$79,264$38.11
39Florida$76,264$36.67
40Oregon$66,488$31.97
41Kansas$79,440$38.19
42Utah$62,221$29.91
43Alaska$29,510$14.19
44Texas$65,590$31.53
45Idaho$72,880$35.04
46Nevada$70,928$34.10
47Arkansas$74,183$35.66
48Iowa$65,823$31.65
49Washington$66,274$31.86
50New Mexico$69,242$33.29
51Montana$61,705$29.67

Highest paying cities for personal finance instructors

The highest-paying cities for personal finance instructors are New York, NY, Wayne, NJ, and Chicago, IL.

RankCityAvg. salaryHourly rate
1New York, NY$184,315$88.61
2Wayne, NJ$136,239$65.50
3Chicago, IL$111,990$53.84
4Milwaukee, WI$111,165$53.44
5Richmond, KY$93,157$44.79
6Santa Barbara, CA$84,840$40.79
7Fort Collins, CO$76,860$36.95
8Dallas, TX$66,195$31.82

Personal finance instructor salary details

A personal finance instructor's salary ranges from $31,000 a year at the 10th percentile to $291,000 at the 90th percentile.

Average personal finance instructor salary graph
Average personal finance instructor salary graph, trends, and summary

What is a personal finance instructor's salary?

PercentileAnnual salaryMonthly salaryHourly rate
90th Percentile$291,000$24,250$140
75th Percentile$172,000$14,333$83
Average$95,892$7,991$46
25th Percentile$53,000$4,417$25
10th Percentile$31,000$2,583$15

Highest paying personal finance instructor jobs

The highest paying types of personal finance instructors are private music instructor, piano instructor, and instructor.

Job titleAnnual salaryMonthly salaryHourly rateJob openings
Dance Teacher$47,909$3,992$23.0371,355
Instructor, Adjunct Faculty$52,225$4,352$25.1137,739
Instructor$53,426$4,452$25.6939,273
Guitar Instructor$46,506$3,875$22.3624,514
Adjunct Instructor$52,030$4,336$25.0140,633
Martial Arts Instructor$34,287$2,857$16.4824,925

How would you rate the starting salaries for personal finance instructors, as well as the prospects for salary advancement?

David McMahan Ph.D.

Charles A. Dana Professor of Religious Studies, Franklin and Marshall College

Graduates in Religious Studies don't necessarily go into careers in religion. The standard career path for those involved is going to graduate school, spending several years getting a Ph.D., and facing a tough job market. Starting salaries can vary widely depending on the college or university.

Top companies hiring personal finance instructors now:

  1. Snap jobs (8)
  2. New York University jobs (4)
  3. Northrop Grumman jobs (2)
  4. United States Marine Corps jobs (2)
  5. English jobs (2)

Which companies pay personal finance instructors the most?

Personal finance instructor salaries at CHRISTUS Health and Eastern Kentucky University are the highest-paying according to our most recent salary estimates. In addition, the average personal finance instructor salary at companies like Rutgers University and Fordham University are highly competitive.

RankCompanyAverage salaryHourly rate
1CHRISTUS Health$160,979$77.39
2Eastern Kentucky University$126,019$60.59
3Rutgers University$98,143$47.18
4Fordham University$83,067$39.94
5UC Santa Barbara$79,476$38.21
6Bryant & Stratton College$77,673$37.34
7Robert Half$75,442$36.27
8Syracuse University$74,780$35.95
9Marquette University$64,225$30.88
10MasteryPrep$62,272$29.94
11Metropolitan State University of Denver$47,124$22.66
12North Central Texas College$37,542$18.05
13Central Texas College$37,214$17.89
14William Paterson University Athletics$33,979$16.34
15Guilford Technical Community College$26,288$12.64

Wage gap by gender, race and education

$103,000$99,800$96,600$93,400$90,200$87,000
MaleFemale

Personal finance instructor salary trends

The average personal finance instructor salary has risen by $9,263 over the last ten years. In 2014, the average personal finance instructor earned $86,629 annually, but today, they earn $95,892 a year. That works out to a 7% change in pay for personal finance instructors over the last decade.

Compare personal finance instructor salaries for cities or states with the national average over time.

Average personal finance instructor salary over time

Compare personal finance instructor salaries for individual cities or states with the national average.

Personal finance instructor salary by year

YearAvg. salaryHourly rate% Change
2025$95,900$46.10+1.9%
2024$94,000$45.21+1.2%
2023$92,900$44.67+0.7%
2022$92,200$44.35+2.9%
2021$89,600$43.07+1.7%

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