After looking at teacher salaries earlier this week, it’s time to look at principal salaries.
There are multiple ways that principal salaries are set by a district.
In some districts, contract amounts are negotiated.
In other districts, principals are paid based on a salary schedule set by the district.
Still in others, a base salary is set considering on how many students are enrolled in the school (see PDF page 44 here).
The state Foundation Program doesn’t fund principal positions directly, but rather uses an “extension” that increases the amount funded for teacher salaries (using experience and degree) for that particular school. For that reason, local funds are often used to supplement principal salaries. (For full details, read this.)
One principal position is funded for each school.
Here is a look at how average principal salaries compare with the median family income of the students in their school district.