Do you need information regarding a social worker salary with a masters degree? You want to know the average salary of social workers with advanced education. A lot of people online are asking this same question.Social work is an extremely valuable job that touches many lives.
The average annual social worker salary for a social worker with a master’s degree can range from $44,000 to approximately $100,000. The factors that determine the exact social worker salary with a masters degree are experience level, skill level, location and employer .
Social work is a unique and fulfilling career for those dedicated to helping others. The pay varies significantly between positions, however. Let’s find out how much social workers with a masters degree make.
Social workers with a master’s degree generally earn more than those with only a bachelor’s degree. The average annual salary for social workers with an undergraduate degree is $43,390, while those with a master’s degree make about $4,000 more per year at $47,390.
The amount you earn as a professional social worker depends on your specialty and the area where you live. Social workers in states that are more rural or have smaller populations tend to earn less than those who work in urban areas or in states with larger populations.
Social worker salary with a masters degree
Compensation for social workers varies by factors including location, employer, and years of experience. Literacy is one factor that employers favor in job applicants. The Bureau of Labor Statistics (BLS) reports that an American Community Survey report found that the median income for individuals employed as social workers with a master’s degree (MSW) is $48,720 per year. In May 2017, Business Insider reported that “2016 is finally the year you should go back to school”.
So, you are a social worker. You have been working in the field for quite some time now and, somehow, you have always wondered how much can you actually earn with your degree. Well, if you are reading this article, I assume that is what brought you here. Let me then tell you that I have broken down all the elements so that we can have an overview of what it takes to become a social worker and how much one can earn once he or she has completed the necessary requirements to obtain such a designation.
Social worker salary with a masters degree
The average social worker salary with a master’s degree is $61,000.
This can vary depending on the setting in which you work, however. For example, if you work in a hospital setting or other medical facility, your salary may be higher than the average amount.
Similarly, if you work at an agency that specializes in mental health, your salary will likely be higher as well. In either case, this is because these types of settings have more resources available to them. This means that they are able to pay more money to their employees and offer better benefits packages than other types of agencies may be able to do.
