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 |
Annual Mean |
Pay Relative Standard Error
|
|
10,695 |
3.5 % |
$41.60 |
$86,515 |
2.0 % |
Percentile wage estimates for Psychologists:
|
Percentile |
10% |
25% |
50% |
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 |