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According to the U.S. Bureau of Labor Statistics, the average median salary for all psychologists was $92,740 as of May 2023. The highest-paying psychologist career salaries were more than $151,880.
The median annual wage for psychologists was $92,740 in May 2023. Job Outlook. Overall employment of psychologists is projected to grow 7 percent from 2023 to 2033, faster than the average for all occupations. About 13,000 openings for psychologists are projected each year, on average, over the decade.
How Much Does a Psychologist Make? Psychologists made a median salary of $106,420 in 2022. The best-paid 25% made $124,020 that year, while the lowest-paid 25% made $68,410.
Because of their vital work and specialized education, licensed psychologists typically make more than the median U.S. salary. The Bureau of Labor Statistics (BLS) reports that psychologists working in May 2021 earned a median $81,040 annual salary.
Salaries of graduates with psychology degrees in the United States vary widely, with those who have higher degrees tending to earn more. 1, 2; The median salaries of psychology bachelor’s, master’s, and doctoral/professional degree holders in 2019 were $50,000, $60,000, and $90,000, respectively. 3
The average salary for a psychologist is $108,823 per year in the United States. 4.9k salaries reported, updated at October 28, 2024.
The median annual salary for psychologists and therapists is $85,330 or a little over $7,000 monthly. However, these numbers vary considerably depending on what a person does. For example, while substance use and mental health counselors earn around $47,000 a year, clinical psychologists earn about $90,000 a year.
The national average salary for a psychologist is $108,722 per year, though it often fluctuates. Various factors, such as employer, geographic location and years of experience, can affect the salary. A psychologist may also earn more if they have an advanced degree, such as a doctorate, or specialize in an area experiencing greater demand.
The average salary for a Psychologist is $129,547 per year in United States. Salaries estimates are based on 2805 salaries submitted anonymously to Glassdoor by a Psychologist employees in United States.
Learn more about the job outlook for psychology, what positions are in demand and growing within the field, and explore salary data available for different job types and subfields within psychology.