How Much Do Educational Psychologists 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 educational psychologists 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 educational psychologists 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 educational psychologists are offering as compensation.
Keep reading to learn more about how much educational psychologists can expect to make in the United States.
At a Glance: Salary & Jobs for Educational Psychologists
According to data from 2023, there were about 16,945 positions for educational psychologists in the United States. In terms of salary, the national median salary for educational psychologists was reported to be $117,749. Additionally, when examining job demand, employers across the country posted 40,331 job postings related to positions for educational psychologists.
How Much Money Do Educational Psychologists Make?
Median salary is just one data point. To build a better understanding of how much money educational psychologists 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 educational psychologists.
Annual Salary for Educational Psychologists
According to the BLS, the lowest earners for educational psychologists and related professions earned about $47,445 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $157,435 annually.
As mentioned previously, the median salary for educational psychologists in the United States in 2023 was $117,749.
Annual Salary Range For Educational Psychologists In 2023
Hourly Salary for Educational Psychologists
The BLS also breaks down compensation for educational psychologists by hourly salary, and the median average hourly pay for educational psychologists in 2023 was $57. Lowest hourly earners took home $23 while the highest reported hourly salaries for educational psychologists was $76.
Hourly Salary Range For Educational Psychologists In 2023
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Advertised Compensation for Educational Psychologists
Data from the BLS is one way to dig into compensation for educational psychologists, 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 educational psychologists.
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 Educational Psychologists
Advertised Annual Salary
During a review of 23,012 job postings related to educational psychologists, advertised salary was included in 9,752 of them, which was 42%. Based on those postings, the median advertised salary for educational psychologists was $100,736 per year.
Hourly Salary from Job Postings for Educational Psychologists
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for educational psychologists. Based on 24% of postings with advertised compensation, the median hourly salary for open positions for educational psychologists in the United States is about $48.
Salary Trend for Educational Psychologists
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for educational psychologists. 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 educational psychologists dating back to September 2020, advertised salaries for educational psychologists have increased 17%.
Advertised Wage Trend For Educational Psychologists
What's the Job Growth for Educational Psychologists?
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 educational psychologists over the next 10 years.
According to the data obtained through Lightcast,™ there were 16,971 jobs for educational psychologists in the United States in 2023. By 2033, it is expected that about 1,219 jobs will be added. That's a 7.2% increase over the next 10-year period.
Employment Projections For Educational Psychologists
Additional Links
Ready to dig deeper into career information about educational psychologists? Visit our other pages focused on salary and education for educational psychologists.
What do educational psychologists do?
Educational Psychologists: How do you become one?
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