What is the average salary for a psychologist? How much does a psychologist earn? These are common questions so let’s take a look at what is the average salary for a psychologist.
According to the U.S. Bureau of Labor Statistics, the average annual salary for a psychologists is $77,210. The following are factors impacting the average psychologist salary:
What is the average salary for a psychologist
Introduction
The median annual wage for psychologists was $80,370 in May 2019. The lowest 10 percent earned less than $43,800, and the highest 10 percent earned more than $129,000. In May 2019, the median annual wages for psychologists in the top industries in which they worked were as follows: Local government (OES designation), excluding education and hospitals: $83,250 Hospitals; state, local, and private: $80,470 Management of companies and enterprises: $71,580
The median annual wage for psychologists was $80,370 in May 2019.
The median annual wage for psychologists was $80,370 in May 2019. The median is the value below which half of the values are lower and half are higher. In other words, it’s a guideline that indicates what most workers in this field make.
The average salary is higher than the median because it reflects only those who earn more than $80,370, while the median includes everyone who earned at least that amount during the year (including people making less).
The lowest 10 percent earned less than $43,800, and the highest 10 percent earned more than $129,000.
The lowest 10 percent earned less than $43,800, and the highest 10 percent earned more than $129,000.
The median annual wage for psychologists was $80,370.
The mean annual wage was $90,350.
In May 2019, the median annual wages for psychologists in the top industries in which they worked were as follows:
In May 2019, the median annual wages for psychologists in the top industries in which they worked were as follows:
- $93,390 – State government
- $80,070 – Local government
- $71,480 – Outpatient care centers
If you’re interested in learning more about what other jobs you could do with a degree in psychology, check out our list of 100+ College Majors You Can Actually Get A Job With.
Local government (OES designation), excluding education and hospitals: $83,250
The average annual salary for a psychologist in the United States was $83,250 as of May 2019. The median annual wage for psychologists was $80,310. The lowest 10 percent earned less than $43,700, and the highest 10 percent earned more than $129,840.
The principal duties of a clinical psychologist involve diagnosing mental illnesses and disorders and providing treatment with medications or psychotherapy to patients suffering from these conditions. They may also evaluate individuals with developmental disabilities or emotionally disturbed children, perform psychological testing on patients diagnosed with brain injuries or other neurological problems; counsel individuals who are recovering from alcohol or substance abuse; and provide rehabilitation services after accidents involving head trauma.
Hospitals; state, local, and private: $80,470
The second highest paying industry for psychologists is hospitals, where they earn an average of $80,470. Psychologists in this field work with patients and their families and often specialize in areas like gerontology or child and family psychology.
Management of companies and enterprises: $71,580
Psychologists in management of companies and enterprises work with the goal of increasing productivity, profitability and efficiency. They often work with the top executives of a company to address issues such as employee retention, performance management, leadership development and coaching.
Psychologists in this industry may also be involved in organizational development; this includes team building exercises, leadership training sessions and conflict resolution workshops.
The average salary for a psychologist is 80k
The average salary for a psychologist is $80,000. This can range from $50,000 to $300,000 depending on the setting that you work in and your level of training.
Psychologists work in a variety of settings including hospitals, schools, universities and businesses. They may also be self-employed in private practice or have their own clinic. Psychologists can specialize in working with children, adults or families.
Conclusion
The field of psychology is an exciting one. The ability to understand people’s thoughts and feelings helps psychologists solve problems, improve relationships, and enhance learning. If you are interested in becoming a psychologist, there is plenty of opportunity to do so in the world of modern technology and remote work. As you can see by looking over our list above, some jobs require more advanced degrees than others – but this does not mean that your job will be any less rewarding or fulfilling! So what are you waiting for? Start looking into how you can start training now!
