psychologist with a phd salary

Psychologist - Ph.D. Salary in the United States

The salary of a Psychologist - Ph.D. in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.

Psychologist - Ph.D. Salary

What is the salary range of psychologist - ph.d..

As of October 01, 2024, the average annual pay of Psychologist - Ph.D. in the United States is $118,824 . While Salary.com is seeing that Psychologist - Ph.D. salary in the US can go up to $143,805 or down to $97,704 , but most earn between $107,769 and $131,900 . Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Psychologist - Ph.D. in the United States.

Last Updated on October 01, 2024

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Ph.D-PSYD-LPC-LCSW-LMHC

Supportive Care - SYRACUSE, NY

Supportive Care - LIBERTY, NY

Supportive Care - MILLSBORO, DE

Clinical Psychologist

Campbell County Memorial Hospital - GILLETTE, WY

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What is the hourly and monthly salary as a Psychologist - Ph.D.?

As of October 01, 2024, the average hourly salary is $57 (range: $47 to $69); the average monthly salary is $9,902 (range: $8,142 to $11,984).

Click the switch button below to see weekly and yearly salary of a Psychologist - Ph.D..

What are the salaries of Psychologist - Ph.D. with different levels of experience?

As of October 01, 2024, Salary.com is seeing that an entry-level Psychologist - Ph.D. with under 1 year experience makes about $114,369. With less than 2 years of experience, a mid-level Psychologist - Ph.D. makes around $115,194. After 2-4 years, the Psychologist - Ph.D. pay rises to about $119,215. Those senior Psychologist - Ph.D. with 5-8 years of experience earn roughly $124,679, and those Psychologist - Ph.D. having 8 years or more experience is expected to earn about $125,655 on average.

How much does salary of Psychologist - Ph.D. vary from state to state?

Salaries in the United States can vary significantly from state to state due to a multitude of factors, including cost of living , local economic conditions, and industry presence.

For example, as of October 01, 2024, the average yearly salary of Psychologist - Ph.D. is $131,063 in California and in Massachusetts, the average annual salary goes to $129,281. While in New Jersey, a Psychologist - Ph.D. earns $130,231 per year.

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What Am I Worth?

How much does salary of Psychologist - Ph.D. vary from city to city?

Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living , local economic conditions, and industry presence.

For example, as of October 01, 2024, the average yearly salary of Psychologist - Ph.D. in San Francisco, CA is $148,530 and in New York, NY, the average annual salary goes to $138,787. While a Psychologist - Ph.D. earns $133,202 per year in Boston, MA.

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San Francisco, CA

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Paramus, NJ

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Bridgeport, CT

What is the salary trend of Psychologist - Ph.D.?

For those exploring the changing dynamics of Psychologist - Ph.D. salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of October 01, 2024, our research highlights a notable shift in Psychologist - Ph.D. compensation over the past six years. For instance, the median salary has moved from $116,960 in 2023 to about $113,402 in 2024 (for a comprehensive analysis of Psychologist - Ph.D. salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.

Average Annual Salary of Psychologist - Ph.D. Over Time

Psychologist - ph.d. salary by year, salaries of jobs related to psychologist - ph.d..

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Job Openings of Psychologist - Ph.D.

Salary.com job board provides millions of Psychologist - Ph.D. information for you to search for. Click on search button below to see Psychologist - Ph.D. job openings or enter a new job title here.

Supportive Care

SYRACUSE, NY

Supportive Care* is a behavioral healthcare company. Our mission is to provide the highest quality of mental health services to elderly residents of senior... more

19 Days Ago

LIBERTY, NY

MILLSBORO, DE

1 Month Ago

Campbell County Memorial Hospital

GILLETTE, WY

Job Summary. We are seeking a dedicated Clinical Psychologist to join our team. The ideal candidate will have experience working with children, in hospital... more

Harvest Healthcare LLC

GREENWICH, CT

Harvest Healthcare is Connecticut's leading behavioral health services consultant in skilled nursing facilities and assisted living facilities. If you are ... more

3 Months Ago

University of Iowa Hospital and Clinics

IOWA CITY, IA

The Department of Internal Medicine, Division of Hematology, Oncology, and Blood & Marrow Transplant is looking to hire a part time Clinical Psychologist. ... more

5 Months Ago

Common Company Salaries for Psychologist - Ph.D.

Here are companies hiring for Psychologist - Ph.D. and their salaries, click below for more details.

C R Bard Inc

Biotechnology

Henry Schein Canada

Advanced research projects agency - energy, minimed inc, labcorp drug development, most common benefits for psychologist - ph.d..

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Psychologist - Ph.D. Bonus and Incentive Rates

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FAQ about Psychologist - Ph.D.

1. what is the average salary of a psychologist - ph.d..

The average annual salary of Psychologist - Ph.D. is $118,824. In case you are finding an easy salary calculator, the average hourly pay of Psychologist - Ph.D. is $57; the average weekly pay of Psychologist - Ph.D. is $2,285; the average monthly pay of Psychologist - Ph.D. is $9,902.

2. Where can a Psychologist - Ph.D. earn the most?

A Psychologist - Ph.D.'s earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Psychologist - Ph.D. earns the most in San Jose, CA, where the annual salary of a Psychologist - Ph.D. is $149,125.

3. What is the highest pay for Psychologist - Ph.D.?

The highest pay for Psychologist - Ph.D. is $143,805.

4. What is the lowest pay for Psychologist - Ph.D.?

The lowest pay for Psychologist - Ph.D. is $97,704.

5. What are the responsibilities of Psychologist - Ph.D.?

Psychologist - Ph.D. evaluates patients for mental, emotional, or behavioral disorders. Diagnoses disorders, including nature and extent, and determines the appropriate course of treatment for the patient. Being a Psychologist - Ph.D. uses talk therapy to treat patient illness or distress, cannot prescribe medication. Requires a PhD in clinical psychology. Additionally, Psychologist - Ph.D. requires a valid state license to practice. Typically reports to a medical director. The Psychologist - Ph.D. works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. To be a Psychologist - Ph.D. typically requires 10+ years of related experience.

6. What are the skills of Psychologist - Ph.D.

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

CPA: A CPA, or Certified Public Accountant, is a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals.

Psychological Evaluations: A psychological evaluation may consist of a series of formal or structured psychological or neuropsychological tests as well as clinical interviews designed to identify and describe emotional, behavioral, or learning problems.

7. $118,824 yearly is how much per hour?

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Psychologist Salary Info: The 9 Highest Paying Careers

Which psychology jobs pay the best salary?

Kendra Cherry, MS, is a psychosocial rehabilitation specialist, psychology educator, and author of the "Everything Psychology Book."

Steven Gans, MD is board-certified in psychiatry and is an active supervisor, teacher, and mentor at Massachusetts General Hospital.

Psychology careers can offer exciting challenges and personal rewards, but they can also be financially rewarding as well. While psychology can be a high-paying job, you should also recognize that psychology careers and  salaries and yearly earnings can vary greatly. Many students have turned their interest toward some of the highest-paying careers in psychology. 

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.

While many psychology careers offer higher-than-average yearly salaries, it is important to remember that income depends on various factors, including geographic location, employment sector, educational background, and years of experience.

At a Glance

If you are planning a career in psychology (or thinking about making a career change), you might want to consider some job options with a high earning potential. Some high-paying psychology jobs—such as those in psychiatry, industrial-organizational psychology, and clinical psychology—require advanced education and training, so it's essential to start making an educational plan now rather than later. Keep reading to learn more about the highest-paying psychology careers, the typical salaries for such professions, and the academic requirements for entering these fields.

Psychiatrist

Average Salary:  $256,930 per year

Educational Requirements:  Considered a medical career, psychiatry is significantly tied to the study and application of psychology. Approximately eight years of post-undergraduate study. After earning a bachelor's degree, aspiring psychiatrists must graduate from medical school and then complete a four-year residency.

Psychiatry is one of the highest-paying fields tied to psychology. However, salaries can vary considerably within this field depending on your specialty area , where you are employed, and the work you perform.

Industrial-Organizational Psychologist

Average Salary: $154,380 per year

Educational Requirements: In most cases, a master's degree in psychology is the minimum training required, although having a doctorate degree may be advantageous. While opportunities are available at the master's degree level, earning a doctorate degree in industrial-organizational psychology offers greater opportunities and higher salaries.

Industrial-organizational psychologists use their knowledge of psychology to tackle workplace issues. Increasing worker productivity, selecting the best employees for particular jobs, and developing market research surveys are just a few things that an industrial-organizational psychologist might do.

The Bureau of Labor Statistics reports that I/O psychologists in the scientific research and development industry earned an average annual wage of $169,890 as of May 2023. Those employed at colleges, universities, and professional schools earned an average of $93,490.

According to the Society for Industrial and Organizational Psychology , the average salary for a doctorate-level consultant was $167,000.

Neuropsychologist

Average Salary: $100,000+ per year

Educational Requirements: A doctorate degree in neuropsychology or clinical neuropsychology is needed to work in this field.

Neuropsychologists specialize in the study of the brain and cognitive science. People who work in this field often perform cognitive tests, run brain scans, assess people suffering from brain injury, and study how drugs impact the nervous system. They may work at colleges and universities, hospitals, research centers, mental health clinics, and pharmaceutical labs.

Clinical Psychologist

Average Salary: $96,100 per year

Educational Requirements: In most states, clinical psychologists must have a doctorate degree in psychology. In addition to this education, they must also complete one to two years of supervised residency and pass state licensing exams in order to practice as a licensed clinical psychologist.

Clinical psychologists are trained in assessing, diagnosing, treating, and preventing mental illness. This is also the largest area of employment within psychology. Clinical psychologists work in various settings, including hospitals, mental health clinics, and private practice.

The Occupational Outlook Handbook reports that in May 2019, those employed in individual and family services earned an average of $85,140. Those employed in the offices of other health practitioners earned an average of $100,300 per year.

Engineering Psychologist

Average Salary: $111,368 per year

Educational Requirements: Entry-level positions require a master's degree, but those with a doctorate will find greater employment opportunities and better salaries.

Engineering psychologists work to improve the design of systems, operations, and equipment in order to increase efficiency, improve productivity, and minimize injury. As with other specialty areas of psychology, the area of employment plays a major role in determining salary. Engineering psychologists who work in the private sector earn considerably more than those employed in university settings.

Counseling Psychologist

Average Salary: $96,100 per year

Educational Requirements: A PhD, PsyD , or EdD degree is required to become a counseling psychologist.

Counseling psychologists perform many of the same tasks as clinical psychologists, such as offering psychotherapy and mental health treatment, but they typically work with clients suffering from less severe forms of mental illness.

While mental health is one of the largest areas within counseling psychology, some people in this field opt to conduct research. They also teach university courses or provide vocational counseling.

Forensic Psychologist

Average Salary: $125,000 - $149,999 per year

Educational Requirements: While there are some jobs available with a master's degree, you will typically need a doctorate degree in clinical, counseling, or forensic psychology.

Forensic psychologists deal with psychological issues related to the law. Some of the duties that a professional in this field might perform include developing psychological profiles of criminals, dealing with child custody issues, investigating child abuse, providing expert testimony, preparing witnesses to testify in court, and offering training to law enforcement.

School Psychologist

Average Salary: $84,940 per year

Educational Requirements: Most states require completing a 60-credit school psychology specialist program, which leads to a master's or EdS degree. Approximately 32% of school psychologists hold a PhD , PsyD, or EdD degree.

School psychologists work within the educational system to diagnose and treat behavior and learning problems in children. They often collaborate with other professionals, including teachers, doctors, and parents to help kids overcome social, emotional, behavioral, and academic problems.

According to the Occupational Outlook Handbook published by the U.S. Department of Labor, jobs in this field are expected to grow by approximately 1% over the next decade.

Sports Psychologist

Average Salary:  $60,000 to $80,000 per year

Educational Requirements:  Most jobs require a master's or doctorate degree in sports psychology or in related areas such as clinical or counseling psychology. Sports psychologists  are interested in the psychological components of sports and athletics.

Professionals in this field often focus on topics such as  motivation  and athletic performance. They utilize their knowledge of psychology to help athletes perform better or to help people recover from sports injuries.

While salaries for sports psychologists typically range between $60,000 and $80,000, those working with professional athletes often earn over six figures.

What Psych Career Is Best For You? Take the Quiz

This fast and free psychology careers quiz can help you get a better sense for which kind of psychology career might be the best fit for your personality, career interests, salary needs, and more.

Choosing a career is a big decision, and the salary is just one of many factors you need to consider. Money is an important component, but factors such as job outlook and quality of life are also essential.

So is becoming a psychologist worth it? Only you can decide. Think about how a particular career may suit your personality and goals in life before committing. In the end, the best job for you is the one you will enjoy the most and fulfills your personal and professional needs.

Frequently Asked Questions

While specific salaries vary depending on factors including experience and location, psychiatry tends to be the highest-paying psychology-related career.

They can! However, it is important to recognize that individual salaries vary greatly. According to the U.S. Bureau of Labor Statistics, the median salary for psychologists is $92,740 as of May 2023. However, the lowest paid 10% made less than $52,430 per year. Your salary may depend on your specialty, training, experience, area of employment, and geographic location.

Psychology can be a good career if it is suited to your interests and goals. The field is expected to experience modest growth in the coming year, and there are always opportunities for growth depending on where your interests lie. The growing need for mental health services and an aging population means that there will be a need for trained psychologists.

U.S. Bureau of Labor Statistics. Psychologists: Pay . Occupational Outlook Handbook.

U.S. Bureau of Labor Statistics. Occupational Employment and Wage Statistics, May 2023: 29-1223 Psychiatrists .

Zavlin D, Jubbal KT, Noé JG, Gansbacher B. A comparison of medical education in Germany and the United States: from applying to medical school to the beginnings of residency. Ger Med Sci. 2017;15:Doc15. doi:10.3205/000256

U.S. Bureau of Labor Statistics. Occupational Employment and Wages, May 2023: 19-3032 Industrial-Organizational Psychologists .

Torpey E. Business careers with high pay.  Career Outlook,  U.S. Bureau of Labor Statistics, 2016.

Moralo TS, Graupner LI. The role of the industrial psychologist in managing the psychological impact of COVID-19 in the workplace .  Front Psychol . 2022;13:920894. doi:10.3389/fpsyg.2022.920894

Society for Industrial and Organizational Psychology. The SIOP income and employment report is here !

Sweet JJ, Benson LM, Nelson NW, Moberg PJ. The American Academy of Clinical Neuropsychology, National Academy of Neuropsychology, and Society for Clinical Neuropsychology (APA Division 40) 2015 in professional practice and ‘salary survey’: Professional practices, beliefs, and incomes of U.S. neuropsychologists . The Clinical Neuropsychologist . 2015;29(8):1069-1162. doi:10.1080/13854046.2016.1140228

Casaletto KB, Heaton RK. Neuropsychological assessment: Past and future .  J Int Neuropsychol Soc . 2017;23(9-10):778-790. doi:10.1017/S1355617717001060

Gee DG, DeYoung KA, McLaughlin KA, et al. Training the next generation of clinical psychological scientists: A data-driven call to action .  Annu Rev Clin Psychol . 2022;18:43-70. doi:10.1146/annurev-clinpsy-081219-092500

U.S. Bureau of Labor Statistics. Occupational employment and wages, May 2019: 19-3031 clinical, counseling, and school psychologists .

American Psychological Association.  Postgrad growth area: Engineering psychology .

McAndrew LM, Martin JL, Friedlander M, et al. The common sense of counseling psychology: Introducing the common-sense model of self-regulation .  Couns Psychol Q . 2018;31(4):497-512. doi:10.1080/09515070.2017.1336076

Neal TMS, Line EN. Income, demographics, and life experiences of clinical-forensic psychologists in the United States .  Front Psychol . 2022;13:910672. doi:10.3389/fpsyg.2022.910672

Iudici A, Salvini A, Faccio E, Castelnuovo G. The clinical assessment in the legal field: An empirical study of bias and limitations in forensic expertise. Front Psychol. 2015;6:1831. doi:10.3389/fpsyg.2015.01831

Volpe RJ, Chafouleas SM, Gonzalez J, Ardoin S, Jimerson SR. The science of school psychologists: Developing a standard definition .  J Sch Psychol . 2022;94:A1-A12. doi:10.1016/j.jsp.2022.06.006

U.S. Bureau of Labor Statistics. Psychologists: Job outlook . Occupational Outlook Handbook .

American Psychological Association. Hot careers: Sports psychology .

Röthlin P, Birrer D, Horvath S, Grosse holtforth M. Psychological skills training and a mindfulness-based intervention to enhance functional athletic performance: design of a randomized controlled trial using ambulatory assessment. BMC Psychol. 2016;4(1):39. doi:10.1186/s40359-016-0147-y

By Kendra Cherry, MSEd Kendra Cherry, MS, is a psychosocial rehabilitation specialist, psychology educator, and author of the "Everything Psychology Book."