The wage for preschool teachers, like most teacher salaries, depends heavily on where you work and the level of education that you are willing to earn. According to the Bureau of Labor Statistics, in May 2020, the median annual wage for preschool teachers was $31,930, with the lowest 10% of preschool teachers earning $21,900 and the highest 10% earning $58,230—a significant gap to consider when you’re figuring out where to live and work. For instance, in May 2020, preschool teachers in Delaware made an average of $14.12 an hour, while those in Massachusetts earned an average of $20.73 an hour.