How Much Do Others Earn and Where Do They Earn It?
In 2010, childcare workers averaged $19,300 per year compared to a national mean for all workers of $44,410.
Analyzing data tables from the Bureau of Labor Statistics can reveal interesting statistics regarding childcare workers. The term "childcare workers" refers to those who provide care whether in-home or in a business setting. Statistics regarding nannies are included, but not separately collected.
The term "mean compensation" or "mean wage" refers to a number at the middle of the pay range. The concept is that half the workers make less and that half the workers make more than the mean wage. The resulting number does not account for how much more or less those figures may deviate from the mean.
According to data released in June 2010, the mean salary of a childcare worker was $19,300 compared to a national mean for all workers of $44,410. My guess is that the childcare numbers are weighed heavily with data from day care centers who often employee part-time employees. Less than 3% of private homes needing childcare hire part-timers.
The best paying metro areas include: San Francisco, San Diego, Manhattan, Northern New Jersey, and parts of Massachusetts and Connecticut.
Generally, the coasts pay more and the Midwest and South pay less. Certain regions of the country seem to have no demand for nannies and rely on "babysitters" or a combination of friends, neighbors, and relatives.
Do you think the demand and pay for nannies is growing, slowing, or staying the same?
