Psychology Masters degree jobs

January 1, 2023
America s 20 Fastest-Growing

What kind of salary can you expect if you choose a psychology career? There are many variables that will impact your salary, starting with whether you decide to become a psychologist or a counselor. Other factors include your specialty, the amount of experience you have, and the area where you live and work.

Table of Contents

This salary guide is designed to help you decide which psychology career is right for you. In addition to providing a breakdown of the average salary for several psychology and counseling specialties, we provide you with an overview of the job responsibilities, education, training, and employment outlook for each specialty.

Average Salaries for Psychologists

The average annual salary for a psychologist depends on many factors. For example, psychologists practicing in areas of the country where the cost of living is high tend to make more money. Other factors that impact salary include experience, level of education, and specialty. As you can see from the chart below, the average salary can be quite a bit higher or lower depending on the specialty you choose.

Average Salaries for Psychologists by Specialization

Industrial/Organizational Psychologists

Average Salaries for Counselors

Just as there are many types of psychologists, there are also many types of counselors. The chart below shows average annual earnings nationwide for several counseling specialties. School counselors and guidance counselors are the top earners in this category.

Average Salaries for Counselors by Specialization

Substance Abuse Counselor

Marriage and Family Therapist

National Salary for Psychologists

According to, the following states and areas with the highest published employment, location quotients, and wages for this occupation are listed below.

Employment estimate and mean wage estimates for this occupation

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