Benchmark Salary Information
Rankings for Albuquerque
Compared to New Mexico
Albuquerque Clinical and Counseling Psychologists earn an average of $107,120 or $51.50 per hour which is 2% less than the New Mexico average salary of $110,410.
| Average | Albuquerque | New Mexico | % Difference |
|---|---|---|---|
| Hourly Wage | $51.50 | $53.08 | -2.98% |
| Annual Salary | $107,120 | $110,410 | -2.98% |
Compared to the U.S.
Albuquerque Clinical and Counseling Psychologists earn an average of $107,120 or $51.50 per hour which is 7% more than the U.S. average salary of $99,640.
| Average | Albuquerque | U.S. | % |
|---|---|---|---|
| Hourly Wage | $51.50 | $47.90 | 7.52% |
| Annual Salary | $107,120 | $99,640 | 7.51% |
Salary Adjusted for Cost-of-Living
When adjusted for cost-of-living, Clinical and Counseling Psychologists in Albuquerque earns an average annual salary of $113,607 which compares to the New Mexico average annual salary of $110,410. per year.
Cost-of-living in Albuquerque is 6% less than the New Mexico average, which means Albuquerque residents have an overall less cost for food, housing, utilities and transportation compared to New Mexico average.
| Location | Average Annual Wage | Cost of Living | Adjusted COL Wage |
|---|---|---|---|
| Albuquerque | $107,120 | 94.29% | $113,607 |
| New Mexico | $110,410 | 91.57% | $120,574 |
| U.S. | $99,640 | – | $99,640 |
Salary Ranges for Education and Experience
In Albuquerque, 50% of Clinical and Counseling Psychologists earn between $78,930 and $130,290 a year, depending on factors such as level of education, experience, location and place of employment.
About 10% of Clinical and Counseling Psychologists earn more than $169,620, which is a rate for highly skilled, experienced and educated Clinical and Counseling Psychologists.
Approximately 10% of Clinical and Counseling Psychologists earn under $62,130, a rate generally reserved for less experienced or entry level Clinical and Counseling Psychologists.
| Percent | Experience | Employed | Annual Salary |
|---|---|---|---|
| 10% | Less than a Year | 17 | Under $62,130 |
| 15% | 2 – 4 years | 26 | $62,130 – $78,930 |
| 25% | 5 – 9 years | 42 | $78,930 – $101,750 |
| 25% | 10 – 14 years | 42 | $101,750 – $130,290 |
| 15% | 15 – 20 years | 26 | $101,750 – $169,620 |
| 10% | 20+ years | 17 | Above $169,620 |
Salary Compared to Related Professions
Clinical and Counseling Psychologists tend to earn more than Social Workers ($45,060), Marriage and Family Therapists ($56,080), Health Care Social Workers ($63,090), Substance Abuse Counselors ($66,090), and School Psychologists ($71,730).
| Title | Annual Salary |
|---|---|
| Clinical and Counseling Psychologists | $107,120 |
| School Psychologists | $71,730 |
| Substance Abuse Counselors | $66,090 |
| Health Care Social Workers | $63,090 |
| Marriage and Family Therapists | $56,080 |
| Social Workers | $45,060 |
FAQ for Albuquerque Clinical and Counseling Psychologists
Additional Salary Reports for Clinical and Counseling Psychologists in New Mexico cities and Metros and U.S. States.
Official Data Sources for Clinical and Counseling Psychologists: Salary Data | Projected Employment | Cost of Living Data