The average salary of a high school principal is about $82,200 per year, middle school is about $78,000, an elementary school is about $74,000 and a preschool or daycare is about $46,400. These salaries will vary depending on the Principal's experience in the field, the number of children that attend the school, as well as the city in which he or she works.

There are many benefits given to educational administrators. These benefits include health, dental and vision insurance, pensions and paid vacations.