How Much Do Licensed Therapists Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary licensed therapists make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for licensed therapists and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of licensed therapists are offering as compensation.
Keep reading to learn more about how much licensed therapists can expect to make in the United States.
At a Glance: Salary & Jobs for Licensed Therapists
According to data from 2022, there were about 69,494 positions for licensed therapists in the United States. In terms of salary, the national median salary for licensed therapists was reported to be $56,576. Additionally, when examining job demand, employers across the country posted 65,358 job postings related to positions for licensed therapists.
How Much Money Do Licensed Therapists Make?
Median salary is just one data point. To build a better understanding of how much money licensed therapists and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for licensed therapists.
Annual Salary for Licensed Therapists
According to the BLS, the lowest earners for licensed therapists and related professions earned about $36,837 per year in 2022. Meanwhile, at the other end of the spectrum, the highest earners made about $98,696 annually.
As mentioned previously, the median salary for licensed therapists in the United States in 2022 was $56,576.
Annual Salary Range For Licensed Therapists In 2022
Hourly Salary for Licensed Therapists
The BLS also breaks down compensation for licensed therapists by hourly salary, and the median average hourly pay for licensed therapists in 2022 was $27. Lowest hourly earners took home $18 while the highest reported hourly salaries for licensed therapists was $47.
Hourly Salary Range For Licensed Therapists In 2022
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Advertised Compensation for Licensed Therapists
Data from the BLS is one way to dig into compensation for licensed therapists, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for licensed therapists.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Licensed Therapists
Advertised Annual Salary
During a review of 40,094 job postings related to licensed therapists, advertised salary was included in 12,511 of them, which was 31%. Based on those postings, the median advertised salary for licensed therapists was $57,216 per year.
Hourly Salary from Job Postings for Licensed Therapists
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for licensed therapists. Based on 19% of postings with advertised compensation, the median hourly salary for open positions for licensed therapists in the United States is about $28.
Salary Trend for Licensed Therapists
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for licensed therapists. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for licensed therapists dating back to September 2019, advertised salaries for licensed therapists have increased 22%.
Advertised Wage Trend For Licensed Therapists
What's the Job Growth for Licensed Therapists?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for licensed therapists over the next 10 years.
According to the data obtained through Lightcast,™ there were 69,426 jobs for licensed therapists in the United States in 2022. By 2032, it is expected that about 16,340 jobs will be added. That's a 23.5% increase over the next 10-year period.
Employment Projections For Licensed Therapists
Additional Links
Ready to dig deeper into career information about licensed therapists? Visit our other pages focused on salary and education for licensed therapists.
What do licensed therapists do?
Licensed Therapists: How do you become one?
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The Best Adult Colleges and Careers Guide has compiled data for dozens of in-demand jobs. Explore our full catalog of occupation data by visiting the link below.