Psychologist Salary

Salary details of a Psychologist

Psychologists are health professionals who are experts in dealing with people suffering from mental ailments and illness related to the mind. The demand for these professionals is growing significantly. This article will tell us about the salary details of a psychologist.

Basic salary breakup of a Psychologist is shown below.

Salary $33,925 – $94,260
Bonus $198.70 – $10,060
Profit Sharing $640 – $2,345
Total Pay $34,475 – $121,125

The following information shows how Psychologist is paid based on his work experience.

Years of experience Hourly wage Annual wage
Less than 1 year $20.40 – $50.10 $21,535 – $72,660
1-4 years $12.40 – $150.55 $33,325 – $87,845
5-9 years $12.30 – $107.70 $38,980 – $98,760
10-19 years $24.15 – $171.30 $42,920 – $101,025
20 years or more $29.40 – $191. 35 $49,580 – $101,370

Psychologists are employed by different organizations that are dedicated to serve public. Let us now know how a Psychologist is remunerated by various employer types.

Employer type Annual wage Hourly wage
Company $12.25 – $147.45 $29,870 – $82,920
Private Practice/Firm $33,940 – $90,680 $15.90 – $125.85
Hospital $34,115 – $94,370 $23.45 – $42.80
Non-Profit Organization $30,155 – $75,350 $16.40 – $29.50
Self-Employed $23,275 – $99,460 $30.25 – $177.40
College / University $42,645 – $97,960

-

Government – State & Local $38,545 – $84,145

-

Government – Federal $53,505 – $110,005

-

School / School District $39,735 – $105,665

-

Other Organization $24,005 – $65,005

-

States with highest number of Psychologists:

State

No. of people employed

Psychologists per 1000 jobs

Industrial Concentration

Hourly mean wage

Mean annual income

California

1,245

0.10

1.15

$46.20

$96,005

Florida

1,005

0.15

1.70

$46.35

$96,385

New York

685

0.10

1.00

$43.60

$90,595

Maryland

595

0.25

2.90

$46.95

$97,565

Texas

575

0.10

0.70

$39.65

$82,465

States with the highest Location Quotient of Psychologists:

State

No. of people employed

Psychologists per 1000 jobs

Industrial Concentration

Hourly mean wage

Mean annual income

Maryland

595

0.25

2.90

$46.95

$97,565

Hawaii

125

0.25

2.55

$34.95

$72,675

Rhode Island

75

0.20

2.00

$31.70

$65,825

Oregon

255

0.20

1.90

$44.45

$92,395

New Mexico

115

0.15

1.75

$35.75

$74,315

Highest paying States for Psychologists:

State

No. of people employed

Psychologists per 1000 jobs

Industrial Concentration

Hourly mean wage

Mean annual income

Arizona

235

0.15

1.20

$49.20

$102,315

New Hampshire

35

0.15

0.65

$47.00

$97,715

Maryland

595

0.25

2.90

$46.95

$97,565

Florida

1,005

0.15

1.70

$46.35

$96,385

California

1,245

0.10

1.15

$46.25

$96,005

Industries with the highest employment concentration in this profession:

Industry

No. of people employed

Percent of industry No. of people employed

Hourly mean wage

Mean annual income

Federal Executive Branch (OES Designation)

5,805

0.30

$41.95

$87,165

Offices of Other Health Practitioners

1,205

0.20

$40.15

$83,475

Educational Support Services

95

0.10

$40.40

$83,975

Psychiatric and Substance Abuse Hospitals

145

0.10

$33.30

$69,155

Scientific Research and Development Services

205

0.05

$48.50

$100,795

Highest paying industries for Psychologists:

Industry

No. of people employed

Percent of industry No. of people employed

Hourly mean wage

Mean annual income

Offices of Physicians

555

0.05

$52.70

$109,615

Scientific Research and Development Services

205

0.05

$48.50

$100,795

General Medical and Surgical Hospitals

575

0.05

$44.15

$91,815

Individual and Family Services

155

0.15

$43.40

$90,225

Elementary and Secondary Schools

405

0.05

$43.15

$89,575

Highest paying metropolitan places for Psychologists:

Metropolitan area

No. of people employed

Psychologists per 1000 jobs

Industrial Concentration

Hourly mean wage

Mean annual income

FL, Jacksonville

35

0.15

0.70

$61.35

$127,585

FL, Miami-Miami Beach-Kendall, Metropolitan Division

-

-

-

$60.25

$125,295

AZ, Phoenix-Mesa-Scottsdale

115

0.10

0.80

$50.95

$105,955

DC-VA-MD-WV , Washington-Arlington-Alexandria, Metropolitan Division

285

0.15

1.50

$48.95

$101,765

New York-White Plains-Wayne, NY-NJ

355

0.10

0.85

$48.70

$101,185

Tucson, AZ

-

-

-

$48.10

$100,015

Chicago-Naperville-Joliet, IL

155

0.05

0.55

$48.15

$99,935

NJ , Edison-New Brunswick, Metropolitan Division

35

0.05

0.40

$47.50

$98,765

OR, Eugene-Springfield

145

1.05

12.15

$47.10

$97,925

FL, West Palm Beach-Boca Raton-Boynton Beach, Metropolitan Division

35

0.10

0.80

$46.70

$97,075

Minor areas with the highest concentration of Location and Jobs quotients in this Profession:

Nonmetropolitan area

No. of people employed

Psychologists per 1000 jobs

Industrial Concentration

Hourly mean wage

Mean annual income

Southeast Alabama nonmetropolitan area

35

0.40

4.40

$42.50

$88,375

Highest paying non-metropolitan areas for Psychologists:

Nonmetropolitan area

No. of people employed

Psychologists per 1000 jobs

Industrial Concentration

Hourly mean wage

Mean annual income

Southeast Alabama nonmetropolitan area

35

0.40

4.35

$42.50

$88,375

Estimates of employment and average wage for Psychologists:

No. of people employed 

Employment Relative Standard Error

Hourly Mean
Income

Annual Mean
Income

Pay Relative Standard Error

10,695

3.5 %

$41.60

$86,515

2.0 %

Percentile wage estimates for Psychologists:

Percentile

10%

25%

50%
(Median)

75%

90%

income per hour

$19.85

$31.15

$43.25

$51.15

$57.70

income per year

$41,205

$64,715

$89,915

$106,095

$119,945

 

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