Yes, in my district teacher salaries range from $42,000 to $60,000 depending on experience (0 to 30 years of experience, respectively).

My first year teaching I'd estimate I put in 70 hours a week. Now (with fifteen years of experience) it's 40-50, though it does spike up periodically.

However, teachers of core subjects (esp. math, English and history) have so much more grading than I that they work a lot more hours.