How much do psychologists typically earn? While wages vary considerably based on specialty area and employment sector, you can learn more about salary averages in this excerpt from the Occupational Outlook Handbook.
Median annual earnings of wage and salary clinical, counseling, and school psychologists in May 2004 were $54,950. The middle 50 percent earned between $41,850 and $71,880. The lowest 10 percent earned less than $32,280, and the highest 10 percent earned more than $92,250. Median annual earnings in the industries employing the largest numbers of clinical, counseling, and school psychologists in May 2004 were:
- Offices of other health practitioners - $64,460
- Elementary and secondary schools - $58,360
- Outpatient care centers - $46,850
- Individual and family services - $42,640
Source: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2006-07 Edition, Psychologists, on the Internet at http://www.bls.gov/oco/ocos056.htm
