Triangle, North Carolina.  Average Pay For Full Professors At Duke And UNC Ranks High Nationally.  There is no doubt about it: top dollar draws the top talent in any field or business you care to name.  Academia is no different.  Top professorial pay is important to universities for their ability to draw top talent, to business and industry for the products and quality of students they produce, to the cities and immediate areas they serve for the business and quality of people they attract and, in many cases, the business they produce and businesses they draw to their respective states.

The average pay for full professors at Triangle universities during 2007 was: Duke - $152,600, University of North Carolina - $138,500, North Carolina State University - $110,800, North Carolina Central University - $99,300 and Meredith - $72,500.  Since 2000 these figures represent a 34.3 percent increase at Duke, a 37.3 percent increase an UNC, and a 21.1 percent increase at NCSU.  UNC now ranks third in the nation, for public schools, for average full professor pay behind the University of Maryland at Baltimore and the New Jersey Institute of Technology. 

It is a tough job to try and remain competitive with the top private schools such as Harvard and Stanford.  Harvard’s average was $184,400 and Stanford’s was $173,700.  While a number of private universities may pay more than the Triangle universities, the cost of living in North Carolina is enough less than the cost of living in California and in East coast communities to make the overall pay at Triangle universities about equal to them.

John Fish (919) 696-3474   Email: Marvmax@mindspring.com   Website: www.JohnFish.com 

This entry was posted on Tuesday, April 29th, 2008 at 2:12 pm and is filed under Raleigh Durham Realtor, Triangle Area Education, Education, North Carolina State University, North Carolina Education, University of North Carolina, Duke University.