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HIGHEST PAYING PSYCHOLOGY JOBS

Last updated: June 7, 2024



FIND YOUR PERFECT SCHOOL

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site.
Contents
High Paying Psychology Jobs
Featured Programs
#1 – Psychiatrists
#2 – Industrial-Organizational Psychologists
#3 – Neuropsychologists
#4 – Experimental Psychologist
#5 – Engineering Psychologists
#6 – Clinical Psychologists
#7 – Forensic Psychologists
#8 – Counseling Psychologists
#9 – Military Psychologists
#10 – Sports Psychologists
Featured Programs

Key Takeaways:

 * Psychiatrists top the list with a median annual salary of $208,000, requiring
   an MD and specialized psychiatric training.
 * Industrial-Organizational Psychologists earn a median of $102,000, using
   psychology to enhance organizational effectiveness and employee satisfaction.
 * Neuropsychologists, focusing on brain-behavior relationships, have median
   earnings of $90,460, working in medical settings or research institutions.

The American Psychological Association (APA) considers psychology to be a
science concerned with behavior in both humans and animals. The field has been
around since the late 1800s, making it a relatively new science. Despite its
newness, psychology is a broad discipline with an even greater intersection of
careers. And some of these careers are among the highest paying psychology jobs
for educated professionals. Most of these jobs require a doctorate. If you want
some good options we’ve got you covered with these online phd in psychology
degrees.


HIGH PAYING PSYCHOLOGY JOBS

We researched the highest paying psychology careers. To find salary information,
we looked at reputable sources, such as the American Psychological Association
(APA), Bureau of Labor Statistics (BLS), and PayScale. Here you will find some
of the highest paying psychology jobs on the market today. This list is designed
to assist you with making informed decisions about your psychology education and
career path. Our results are listed below.


FEATURED PROGRAMS




#1 – PSYCHIATRISTS

MEDIAN ANNUAL SALARY:$208,000

Education Required: Doctoral or professional degree

A psychiatrist is a medical doctor who has earned MD credentials and received
further specialty education in psychiatry. According to reputable sources like
the Bureau of Labor Statistics (BLS), the highest paying psychology careers are
in psychiatry. Education is critical for psychiatrists. To become a
psychiatrist, one must complete a bachelor’s degree, majoring in a science or
premed, before enrolling in medical school. Once medical school is complete, a
four-year residency is required. The role of a psychiatrist is to diagnose and
treat mental illnesses and disorders, much like a doctor treats a specific
problem in the body. Similar to general practitioners and specialists,
psychiatrist salaries can fluctuate depending on areas of specialization,
experience, and geographic location. This career ranks #1 among the highest
paying psychology jobs available today.


#2 – INDUSTRIAL-ORGANIZATIONAL PSYCHOLOGISTS

MEDIAN ANNUAL SALARY: $102,000

Education Required: Doctoral or professional degree, minimum of master’s degree
in organizational or industrial psychology

Industrial and organizational psychologists are among the highest paying
psychology careers on our list. These highly specialized psychologists work in
organizations, companies, or corporations that depend on psychology to make
informed decisions that impact market research, buying, selling, and hiring
employees. Salaries vary by organization size and geographic location, but the
median annual salary, according to PayScale and BLS, exceeds $100,000. The
highest ten percent of industrial-organizational psychologists earn above
$200,000 annually. But don’t expect to earn six figures right out of college.
Experience is key. With five and ten years of experience in the field, you will
start to see higher numbers on your paycheck. Organizational psychology can
definitely be worth the time and effort it takes to earn the degree.


#3 – NEUROPSYCHOLOGISTS

MEDIAN ANNUAL SALARY: $90,460

Education Required: Doctoral or professional degree, typically in
neuropsychology

Neuropsychologists are among the highest paying psychology careers on our list.
The highest ten percent of earners receive over six figures in annual salary,
while the median annual pay hovers around $90,000. Of course, experience and
education impact earnings. To secure one of the highest paying psychology jobs
in the industry, you will need a doctoral degree in clinical neuropsychology or
neuropsychology. Neuropsychologists often work in hospitals, medical centers,
mental health facilities, research centers, and colleges or universities. They
study cognition, emotion, and behavior by examining brain function. In some
roles, neuropsychologists treat individuals impacted by brain injuries. Popular
areas of research include the effects of drugs and other substances on the brain
and nervous system, and sports-related brain injuries.


#4 – EXPERIMENTAL PSYCHOLOGIST

MEDIAN ANNUAL SALARY: $80,389

Education Required: Doctoral degree in experimental psychology

The American Psychological Association (APA) states that experimental
psychologists are among high paying psychology jobs. An experimental
psychologist seeks answers to questions such as: What influences people’s
behavior? Why do people behave the way they do? How can behavior shape a
person’s experience? Due to the level of research required for the job,
experimental psychologists hold doctoral degrees. We listed experimental
psychology among the best psychology jobs for those seeking high earnings, due
to the average annual salary of over $80,000 per year. APA conducted a salary
survey for experimental psychologists over ten years ago and reported a range in
earnings from $76,090 to $116,343. BLS reports a median annual salary of
approximately $80,000. Experimental psychologist ranks in the top five of our
highest paying jobs in psychology.


#5 – ENGINEERING PSYCHOLOGISTS

MEDIAN ANNUAL SALARY: $79,818

Education Required: Doctoral degree in engineering psychology

Engineering psychologists are among the highest paying psychology careers on our
list. Often referred to as human factors engineers, the role if an engineering
psychologist is to focus on improving technology, work environments, and
equipment to improve human behavior and output. Large organizations, the United
States government, and organizations employ engineering psychologists. Annual
earnings vary by organization, but the median annual salary is close to $80,000,
making engineering psychology one of the best psychology jobs available today.
Doctoral-level psychologists working in engineering roles earn higher wages.
Academia pays well, if you’re interested in research and instruction. However,
the highest-paying organizations are private consultants. APA reports
doctoral-degreed engineering psychologists earned close to $180,000 annually.


#6 – CLINICAL PSYCHOLOGISTS

MEDIAN ANNUAL SALARY: $78,021

Education Required: Master’s in psychology, doctoral degree (PsyD) in psychology

Clinical psychology is another of the highest paying psychology careers on our
list with, clinical psychologists earning close to $80,000 per year. The path to
becoming a clinical psychologist begins by earning a bachelor’s in psychology
followed by a master’s degree. Earning top dollar requires education, so
enrolling in a doctoral degree program is needed. If you want to practice
clinical psychology, a one-year internship is also required as part of the
doctoral degree program. Salaries for clinical psychologists vary. The highest
paying psychology jobs depend on work setting, geographic location, and the
number of years the individual has practiced clinical psychology.


#7 – FORENSIC PSYCHOLOGISTS

MEDIAN ANNUAL SALARY: $77,734

Education Required: Master’s in psychology degree, doctoral degree in forensic
psychology optional

Forensic psychologists, one of the high paying psychology jobs on our list, earn
an average pay of over $77,000. Earnings vary dramatically by experience. In
fact, the APA reports that experienced forensic psychologists can earn between
$200,000 and $400,000 per year, making forensic psychology a lucrative field.
Another factor impacting earnings is the sector of employment. Forensic
psychologists have special skills used for working with law enforcement and the
judicial system. These highly sought-after skills are used to solve crimes.
Government agencies and the private sector hire forensic psychologists to assist
in solving crimes and understanding criminal profiles. The pay varies with who
you are working for; private practice forensic psychologists with an established
reputation earn more than those working for government agencies such as the FBI.
However, some high-level forensic psychologists working for the FBI or CIA earn
competitive six-figure salaries.


#8 – COUNSELING PSYCHOLOGISTS

MEDIAN ANNUAL SALARY: $72,540

Education Required: Doctoral degree in psychology

For high paying psychology jobs working directly with clients, one must acquire
adequate training and education. One such career that works closely with clients
is in the field of counseling psychology. Counseling psychologists, like
clinical psychologists, conduct psychotherapy and mental health treatment.
However, the disorders and illnesses treated are different. Usually, counseling
psychologists work with patients suffering from less severe mental health issues
than individuals seeing clinical psychologists. Again, since the role requires
work with patients, advanced degrees and education are required. According to
the Bureau of Labor Statistics (BLS), counseling psychologists earned an average
annual salary of $72,540.


#9 – MILITARY PSYCHOLOGISTS

MEDIAN ANNUAL SALARY: $65,000

Education Required: Doctoral degree, such as a Ph.D. or Psy.D.

Military psychology is a unique branch of psychology that focuses on the mental
health and well-being of military personnel and their immediate family members.
Earning a spot on our list of highest paying psychology jobs, military
psychologists earn a median annual salary of $65,000. However, this number is
much higher for individuals with at least ten years working as a military
psychologist. In fact, BLS reports special sectors of psychology pay their top
earners over $90,000 per year. While education and experience impact earnings,
so does military ranking. For example, a colonel in the army with 15 years of
experience working as a military psychologist could earn as much as the top ten
percent of earners. In addition to competitive salaries, military psychologists
receive a number of lucrative benefits as a United States military employee.
These benefits include health insurance, free housing, and generous sign-on
bonuses. Military psychologist ranks in the top 10 of the highest paying
psychology jobs available today.


#10 – SPORTS PSYCHOLOGISTS

MEDIAN ANNUAL SALARY: $60,000

Education Required: Master’s in sport psychology degree

Sports psychologists earn a top 10 spot on our list of high paying psychology
jobs. What makes sports psychologists one of the best psychology jobs is that a
doctoral degree is not required. Also, earnings potential varies by experience
and earning more after a few years of entry-level work is likely. While the
average earnings for a sports psychologist is $60,000 per year, seasoned sports
psychologists earn nearly twice that figure. Sports psychologists working with
professional athletes or professional sport organizations earn well over six
figures each year. It is the salary potential that makes sport psychology one of
the highest paying psychology careers.

Remember, the highest paying psychology jobs can be lucrative, but proper
education, training, and experience are required. We hope this list of best
psychology careers will help you make an informed decision to determine your
education level and career path.

CVO Staff

Related:

 * Psychology Degree Online
 * Master’s Psychology Online
 * Master’s Counseling Online
 * Online PhD Marriage and Family Counseling
 * Online PhD Psychology
 * Online PhD Organizational Psychology
 * Highest Paying Associate Degree Jobs
 * Highest Paying Nursing Jobs
 * Highest Paying Social Work Jobs
 * Online Master’s in Forensic Psychology

THIS CONCLUDES OUR LIST OF THE HIGHEST PAYING PSYCHOLOGY JOBS.


FEATURED PROGRAMS





FIND YOUR PERFECT SCHOOL

I want my Select a degree Associate's Bachelor's Master's Doctorate Non-Degree
Courses Certificate / Diploma Graduate Certificates Bootcamps
In Select a category Art & Design Business & Management Computers & Technology
Criminal Justice & Legal Education & Teaching Liberal Arts & Humanities Nursing
& Healthcare Psychology & Counseling Science & Engineering Trades & Careers
Focusing on Select a subject Addictions & Recovery Behavioral Psychology Child
and Adolescent Psychology Counseling Educational Psychology Family Counseling
Forensic Psychology Mental Health Counseling Organizational Psychology
Psychology
Search Now
College Values Online is an advertising-supported site. Featured or trusted
partner programs and all school search, finder, or match results are for schools
that compensate us. This compensation does not influence our school rankings,
resource guides, or other editorially-independent information published on this
site.
  

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