How much money does a psychologist earn?

Psychologists' Earnings

It varies - depending on location, experience, education, etc.

According to http://www.apa.org/monitor/mar00/facts.html about $60,000 - $80,000+ - information is almost six years old though.

According to http://swz.salary.com/salarywizard/layouthtmls/swzl_compresult_national_HC07000044.html generally $65,000 - $85,000

According to http://www.bls.gov/k12/social04.htm $1138,000 - $1165,000

Here is more input:

• There are WIDE variations in part because psychologist is a fairly broad term - pay is going to vary depending on where one practices and what kind of practice one has, not to mention education, etc. For instance, a psychologist in NY is going to make a lot more money, probably, than a psychologist in a small town in the Appalachian mountains. On the other hand the latter's cost of living is MUCH lower. Also, you don't state what country you are talking about. I just assumed USA, because it was easier. I just went into Google and searched with the terms psychologist and pay. You might also want to check with your local library. Narrow down your question, if possible, for more accurate results.

• The median expected salary for a typical psychologist in the United States is $72,487.

• There are too many different ranges of psychology to put it simply. But, generally, they get that money flowin'! I'm suggesting around $50,000+ salary. It most definitely could be higher but it depends in what field of study and if the demand is high. However, that's if your willing to spend several years on psychology education. But it all "pays off" and it's definitely worth it.

• Most careers in pyschiatry earn up to about $163,144. Due to the fact that psychiatrists are doctoral level professionals you would or should be expecting to make up to more than 100k.

• Psychiatry is much different than psychology. A psychiatrist is a medical doctor that can prescribe medicine to his/her patients. Most psychiatrists no longer provide therapy but tend to treat mental disorders by prescribing and managing medication. A psychologist holds a PhD or a PsyD (Doctor of Psychology) and treats mental disorders using psychotherapy. The tend to make much less than a psychiatrist. Depending on where they work...(private practice, hospitals, schools) psychologist salaries range from 20,000 to well, well over 100,000. There is no real median.

• Psychologists can be paid very different salaries and rates. Some of the best therapists charge their clients hundreds of dollars per hour. Counselors at clinics and non-profit organizations might make minimum wage. The best income in the field goes to psychiatrists, who have an MD.

• Some psychologists work for the state in administrative positions, evaluating people at prisons and mental health facilities. Others may work at state employment service or other state facilities that need psychologists. The specific dollar numbers vary from state to state. Some psychologists work for private industry and some are self employed. The pay scale varies greatly, partially depending on the opportunities that came to the psychologist and partly depending on the skill of the psychologist. Some psychologists who work in a private office can make a very good living, but like most professions, only the best will be able to make the top dollars. If you aren't very good you won't get many customers in a private practice situation. If you ARE very good, you can set your own price and you'll still get people pounding on your door to give you money.

• The median salary for a psychologist in Denver, Co for example is $78, 668 per year. Try www.monster.com and you can refine your search to any city in the US. The career section allows you to search for this data and its free.

• The range can vary from $20,000 a year to $100,000 a year, depending on what and where they practice. Check out salary.com or the occupational outlook handbook online for all kinds of salaries.

First answer by Drjlfee. Last edit by Dougdd. Contributor trust: 16 [recommend contributor]. Question popularity: 192 [recommend question]