Faculty Salary By Academic Rank at Ferrum College
- The average professor salary is $59,246, representing a -2.06% decrease from the previous year (-$1,249).
- The average associate professor salary is $53,850, representing a 2.31% increase from the previous year (+$1,218).
- The average assistant professor salary is $50,056, representing a -2.21% decrease from the previous year (-$1,129).
- The average instructor salary is $44,900, representing a -0.59% decrease from the previous year (-$267).
- The average lecturer salary is $28,000, representing a -6.67% decrease from the previous year (-$2,000).
Average Salary by Academic Rank Chart
Faculty Salary By Gender
| Contract Length | Total | Men | Women |
|---|---|---|---|
| Equated to 9-Month Contract | $51,867 +$73 (0.14%) |
$52,229 +$1,166 (2.28%) |
$51,569 -$872 (-1.66%) |
| 9-Month Contract | $51,867 +$73 (0.14%) |
$52,229 +$1,166 (2.28%) |
$51,569 -$872 (-1.66%) |
| 10-Month Contract | No Faculty with 10-Month Contract | ||
| 11-Month Contract | No Faculty with 11-Month Contract | ||
| 12-Month Contract | No Faculty with 12-Month Contract | ||
| Contract Length | Total | Men | Women |
|---|---|---|---|
| Equated to 9-Month Contract | $59,246 -$1,249 (-2.06%) |
$51,600 | $60,520 +$25 (0.04%) |
| 9-Month Contract | $59,246 -$1,249 (-2.06%) |
$51,600 | $60,520 +$25 (0.04%) |
| 10-Month Contract | No Professor with 10-Month Contract | ||
| 11-Month Contract | No Professor with 11-Month Contract | ||
| 12-Month Contract | No Professor with 12-Month Contract | ||
| Contract Length | Total | Men | Women |
|---|---|---|---|
| Equated to 9-Month Contract | $53,850 +$1,218 (2.31%) |
$55,473 +$1,047 (1.92%) |
$51,415 +$576 (1.13%) |
| 9-Month Contract | $53,850 +$1,218 (2.31%) |
$55,473 +$1,047 (1.92%) |
$51,415 +$576 (1.13%) |
| 10-Month Contract | No Associate professor with 10-Month Contract | ||
| 11-Month Contract | No Associate professor with 11-Month Contract | ||
| 12-Month Contract | No Associate professor with 12-Month Contract | ||
| Contract Length | Total | Men | Women |
|---|---|---|---|
| Equated to 9-Month Contract | $50,056 -$1,129 (-2.21%) |
$50,071 +$1,445 (2.97%) |
$50,045 -$3,984 (-7.37%) |
| 9-Month Contract | $50,056 -$1,129 (-2.21%) |
$50,071 +$1,445 (2.97%) |
$50,045 -$3,984 (-7.37%) |
| 10-Month Contract | No Assistant professor with 10-Month Contract | ||
| 11-Month Contract | No Assistant professor with 11-Month Contract | ||
| 12-Month Contract | No Assistant professor with 12-Month Contract | ||
| Contract Length | Total | Men | Women |
|---|---|---|---|
| Equated to 9-Month Contract | $44,900 -$267 (-0.59%) |
$44,500 -$250 (-0.56%) |
$45,500 -$500 (-1.09%) |
| 9-Month Contract | $44,900 -$267 (-0.59%) |
$44,500 -$250 (-0.56%) |
$45,500 -$500 (-1.09%) |
| 10-Month Contract | No Instructor with 10-Month Contract | ||
| 11-Month Contract | No Instructor with 11-Month Contract | ||
| 12-Month Contract | No Instructor with 12-Month Contract | ||
| Contract Length | Total | Men | Women |
|---|---|---|---|
| Equated to 9-Month Contract | $28,000 -$2,000 (-6.67%) |
- | $28,000 -$2,000 (-6.67%) |
| 9-Month Contract | $28,000 -$2,000 (-6.67%) |
- | $28,000 -$2,000 (-6.67%) |
| 10-Month Contract | No Lecturer with 10-Month Contract | ||
| 11-Month Contract | No Lecturer with 11-Month Contract | ||
| 12-Month Contract | No Lecturer with 12-Month Contract | ||
Faculty Salary Changes over Past 5 Years
| Year | All Faculty | Professor | Associate Professor | Assistant Professor | Instructor |
|---|---|---|---|---|---|
| 2019 | $53,603 | $64,283 | $57,361 | $49,324 | $41,051 |
| 2020 | $51,937 | $61,981 3.58% | $53,121 7.39% | $49,341 0.03% | $42,185 2.76% |
| 2021 | $50,872 | $59,209 4.47% | $58,747 10.59% | $42,289 14.29% | $42,560 0.89% |
| 2022 | $48,432 | $61,088 3.17% | $49,042 16.52% | $47,947 13.38% | $38,164 10.33% |
| 2023 | $45,232 | $61,462 0.61% | $49,232 0.39% | $41,033 14.42% | $40,440 5.96% |
| 2024 | $51,794 | $60,495 1.57% | $52,632 6.91% | $51,185 24.74% | $45,167 11.69% |
| 2025 | $51,867 | $59,246 2.06% | $53,850 2.31% | $50,056 2.21% | $44,900 0.59% |
| 5 Years Change | -$1,736 3.35% | -$5,037 8.50% | -$3,511 6.52% | $732 1.46% | $3,849 8.57% |
Faculty Salary Trends Chart by Academic Rank
How Ferrum Faculty Salary Compared?
| Average Faculty Salary | |
|---|---|
| Ferrum College | $51,867 |
| Baccalaureate's Colleges | $59,841 |
| Virginia Baccalaureate's Colleges | $54,886 |
| National Average (Four-years Colleges) | $73,709 |
| Four-years Virginia Colleges | $74,612 |
Similar Schools' Faculty Salary
| Average Faculty Salary | Number of Faculty | |
|---|---|---|
| Ferrum College | $51,867 | 93 |
| University of Richmond University of Richmond, VA | $130,317 | 631 |
| Washington and Lee University Lexington, VA | $127,391 | 312 |
| Hampden-Sydney College Hampden-Sydney, VA | $85,950 | 106 |
| Marymount University Arlington, VA | $85,038 | 368 |
| Randolph-Macon College Ashland, VA | $82,455 | 196 |
| Sentara College of Health Sciences Chesapeake, VA | $80,749 | 68 |
| Liberty University Lynchburg, VA | $79,971 | 4,669 |
| Virginia Wesleyan University Virginia Beach, VA | $78,805 | 123 |
| Bon Secours Memorial College of Nursing Richmond, VA | $78,760 | 53 |
| Randolph College Lynchburg, VA | $78,309 | 140 |
Frequently Asked Questions about Faculty Salary at Ferrum
What is the average faculty salary at Ferrum?
The average faculty salary at Ferrum is $51,867 for the most recent year with available data. By academic rank, the average salaries are as follows:
- Professors: $59,246
- Associate Professors: $53,850
- Assistant Professors: $50,056
- Instructors: $44,900
- Lecturers: $28,000
How does Ferrum's faculty salary compare to similar schools?
Compared to similar schools, such as UR, W&L, HSC and 7 other similar schools, Ferrum's average faculty salary is much lower than the average salary of similar institutions, which is $90,775. Compare them in the table above.
How does Ferrum's faculty salary compare to four-years colleges nationally?
Compared to four-years colleges nationally, Ferrum's average faculty salary is much lower than the average salary of four-years colleges nationally, which is $73,709.
How does Ferrum's faculty salary compare to Baccalaureate's Colleges nationally?
Compared to Baccalaureate's Colleges nationally, Ferrum's average faculty salary is lower than the average salary of Baccalaureate's Colleges nationally, which is $59,841.
What are the salary trends for faculty at Ferrum?
The salary trends for faculty at Ferrum over the past few years show that the average salary has Ferrum's faculty salary increased by 0.14% compared to the 2024 salary. For more detailed trends by academic rank, please refer to the faculty salary trends table and chart above.
What is the gender pay difference among faculty at Ferrum?
The gender pay difference among faculty at Ferrum is higher for male faculty by $660 (1.28%).
How many faculty members are included in the salary data for Ferrum?
The salary data for Ferrum includes a total of 51 faculty members across all ranks.
How does Ferrum's faculty salary compare to state averages?
Compared to state averages for private 4-year college, Ferrum's average faculty salary is much lower than the average faculty salary for colleges in Virginia, which is $74,612.