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Psychology Salary

Find out what kind of salary you might be expecting in various psychology fields

Career salaries are simply a function of supply versus demand. It is important to view your career prospects in this light in order to best gauge where a particular career is heading. In the case of psychology careers (psychologists, counselors, social workers, etc.), there is little to worry about.

The need of workers in the psychology fields have correlated strongly with the advancing education of our entire country. As United States citizens become more educated, an understanding of the value of psychological knowledge in all industries becomes more clear.

For example, when more individuals who suffer from addiction and substance abuse learn about the psychological aspects of their illnesses, they are more likely to seek the help of a counselor.

In addition, as companies learn more about the benefits of creating a better work environment for employees to improve morale and motivation in the workplace, demand for industrial and organizational psychologists increases.

The underlying theme is as larger populations begin to understand how a knowledge of psychology can help better lives, better learning environments or increase production, the demand for highly educated individuals in specialized fields of psychology increases along with their value.

Below are a few examples of psychology career salaries and basic career information researched by the Bureau of Labor and Statistics :

Psychologists Salary

  • The median salary for psychologists in May 2014 was $89,810
  • The top 10% of psychologists earned more than $120,670 in May 2014
  • Psychologist employment is projected to grow 12 percent from 2012 to 2022
  • Rising health care costs are creating a larger demand for prevention and treatment counseling
  • A growing number of elderly will demand more psychologists to help with aging mental counseling
  • Returning veterans will require a large demand from psychologists in the coming years
  • Those with specialized doctoral degrees will be able to demand the largest salaries in this industry

Social Workers Salary

  • The median salary for social workers in May 2014 was $58,410
  • The top 10% of social workers averaged a salary of $84,630
  • Employment in the social working field is expected to grow 19 percent from 2012 to 2022
  • Social worker employed with Federal Executive Branch earned the most with a median annual salary of $72,020.

Marriage and Family Therapists

  • The median salary for marriage and family therapists in May 2014 was $51,730
  • The marriage and family therapists working with state governments earned a median annual wage of $67,380
  • Top 10% therapists made more than $78,920 in May 2014.
  • In 2012, there were estimated to be 166,300 mental health counselors and marriage and family therapists working in the United States
  • Employment for mental health counselors and marriage and family therapists is expected to grow by 29% (much faster than average) during 2012 to 2022

Counselors Salary

  • The median salary for counselors in May 2014 was $47,240
  • The counselors working in Elementary and Secondary Schools earned a median annual wage of $60,500
  • Top 10% of Educational, Guidance, School, and Vocational Counselors made more than $86,610 in May 2014.
  • Counselors who establish a private practice often see much larger salaries as a function of years in the field
  • In 2012, there were estimated to be 262,300 school & career counselors working in the United States
  • Employment growth is expected to be 12% during 2012 to 2022
  • Counselors with specialized master's or doctoral degrees will enjoy the luxury of higher salaries

Salary Articles

Psychology Schools & Colleges
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            5 Program(s) Found
            The Chicago School of Professional Psychology , Online (campus option available)
            • Designated a 2015 Military Friendly School by Victory Media for the 4th consecutive year
            • Listed on the President’s Higher Education Community Service Honor Roll in 2013, for the sixth consecutive year
            • Links students to hundreds of training opportunities ( beyond their traditional internships and practicum) at their many “partner agencies” in each of their local communities.
            • Accredited by the Western Association of Schools and Colleges (WASC)
            Good for Working Adults
            • Online Courses
            • Flexible Scheduling
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            5 Program(s) Found
            • 95% alumni satisfaction rate.
            • Currently holds more than 500 professional alliances, including 19 of the top Fortune 100 companies.
            • Courses are taught by expert faculty, with 86% of professors possessing a doctoral degree.
            • Offers credit for prior experience and learning, as well as scholarships, accelerated programs, and several other ways to help reduce tuition costs.
            • Regionally accredited by the Higher Learning Commission (HLC) of the North Central Association (NCA).
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            • Online Courses
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            • Transferable Credits
            5 Program(s) Found
            • Which career path will you take – Business, Nursing, Education, Psychology? Something else? GCU offers more than 100 majors to get you started!
            • Colangelo College of Business: Features more than 25 programs from the bachelor through the master's level, including several high-demand MBA programs and an accelerated accounting degree.
            • College of Nursing and Health Care Professions: Rich 25-year history providing outstanding health care and nursing degree programs, including an RN to BSN program & master's in nursing degrees.
            • College of Education: Whether you are looking to start or advance your career as a teacher or administrator, GCU offers bachelor’s and master’s in education degrees in key areas.
            • College of Humanities and Social Sciences: Provides a job focused education and features a variety of programs from counseling and psychology to justice studies, history and English literature.
            • Does something else interest you? GCU also offers programs in Doctoral Studies; Theology; Science, Engineering & Technology; and Fine Arts & Production. Speak with an enrollment counselor today!
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            • Accredited
            • Online Courses
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            5 Program(s) Found
            University of Phoenix , Online (campus option available)
            • Partnerships with thousands of companies
            • Alliances with many national industry associations
            • Personalized career guidance
            • Job market research tools to help you explore your career of interest
            Good for Working Adults
            • Online Courses
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            2 Program(s) Found
            • Ranked among top Regional Universities in the South by U.S. News and World Report in 2015.
            • Ranked 37th among the Best Colleges for Veterans by U.S. News and World Report in 2015.
            • Stands as the largest private, nonprofit university in the nation with 100,000+ students.
            • Offers over 230 programs online, from the certificate to the doctoral level.
            • Has a student-faculty ratio of 25:1, and 42.3% of its classes have fewer than 20 students.
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            1 Program(s) Found
            • Online MBA program ranked 6th in the USA by CEO magazine.
            • In a university-sponsored survey, 4 out of 5 alumni reported being satisfied with their experience.
            • #1 Online School for military veterans according to Military Times.
            • 75,000+ graduates across all industries offer extensive networking opportunities.
            • My Unique Student Experience (M.U.S.E.) lets students watch, view, read, or hear content.
            • Smartphone app available for on-the-go learning.
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            4 Program(s) Found
            • Ranked among the Best Online Bachelor’s Programs in 2015 by U.S. News and World Report.
            • Lets undergrad students try classes before paying any tuition.
            • Has an average class sizes of 18 for undergraduate and 13 for graduate-level courses.
            • Offers numerous scholarship opportunities that can help students save up to $750 per term on their tuition.
            • Tends to educate degree-seeking online and campus-based students who are adult learners with families and students who work while pursuing higher education.
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            Argosy University , Online (campus option available)
            • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
            • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
            • Offers several flexible learning options, including a blended format that combines campus and online learning.
            • Several scholarship opportunities are available for students who qualify.
            • Features a competency-based MBA program that allows students to test out of subjects based on prior professional experience.
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            Good for Working Adults
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            3 Program(s) Found
            • Ranked among the Best Online Bachelor’s Programs by U.S. News and World Report in 2015.
            • Ranked among the Best Online MBA Programs by U.S. News and World Report in 2015.
            • Founded in 1890, it has a campus in Waterbury, CT and offers online degree program in eight-week modules, six times a year.
            • About 800 students are enrolled at the main campus, and about half of them commute.
            • Online courses make it possible for students to earn a bachelor’s degree in as little as 18 months and a master’s degree in 14-24 months.
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            • Online Courses
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            • Accelerated Programs
            • Financial Aid
            • Transferable Credits