Benchmark Salary Information
Rankings for Memphis
Compared to Tennessee
Memphis Clinical and Counseling Psychologists earn an average of $118,390 or $56.92 per hour which is 9% more than the Tennessee average salary of $108,560.
| Average | Memphis | Tennessee | % Difference |
|---|---|---|---|
| Hourly Wage | $56.92 | $52.19 | 9.06% |
| Annual Salary | $118,390 | $108,560 | 9.05% |
Compared to the U.S.
Memphis Clinical and Counseling Psychologists earn an average of $118,390 or $56.92 per hour which is 18% more than the U.S. average salary of $99,640.
| Average | Memphis | U.S. | % |
|---|---|---|---|
| Hourly Wage | $56.92 | $47.90 | 18.83% |
| Annual Salary | $118,390 | $99,640 | 18.82% |
Salary Adjusted for Cost-of-Living
When adjusted for cost-of-living, Clinical and Counseling Psychologists in Memphis earns an average annual salary of $127,686 which compares to the Tennessee average annual salary of $108,560. per year.
Cost-of-living in Memphis is 7% less than the Tennessee average, which means Memphis residents have an overall less cost for food, housing, utilities and transportation compared to Tennessee average.
| Location | Average Annual Wage | Cost of Living | Adjusted COL Wage |
|---|---|---|---|
| Memphis | $118,390 | 92.72% | $127,686 |
| Tennessee | $108,560 | 92.15% | $117,808 |
| U.S. | $99,640 | – | $99,640 |
Salary Ranges for Education and Experience
In Memphis, 50% of Clinical and Counseling Psychologists earn between $64,460 and $135,720 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 $0, which is a rate for highly skilled, experienced and educated Clinical and Counseling Psychologists.
Approximately 10% of Clinical and Counseling Psychologists earn under $49,230, a rate generally reserved for less experienced or entry level Clinical and Counseling Psychologists.
| Percent | Experience | Employed | Annual Salary |
|---|---|---|---|
| 10% | Less than a Year | 10 | Under $49,230 |
| 15% | 2 – 4 years | 15 | $49,230 – $64,460 |
| 25% | 5 – 9 years | 25 | $64,460 – $99,980 |
| 25% | 10 – 14 years | 25 | $99,980 – $135,720 |
| 15% | 15 – 20 years | 15 | $99,980 – $0 |
| 10% | 20+ years | 10 | Above $0 |
Salary Compared to Related Professions
Clinical and Counseling Psychologists tend to earn more than Substance Abuse Counselors ($42,390), Marriage and Family Therapists ($44,100), Social Workers ($45,750), Health Care Social Workers ($55,480), School Psychologists ($76,740), Psychology Teachers ($77,540), and Forensic Psychologists ($83,140).
| Title | Annual Salary |
|---|---|
| Clinical and Counseling Psychologists | $118,390 |
| Forensic Psychologists | $83,140 |
| Psychology Teachers | $77,540 |
| School Psychologists | $76,740 |
| Health Care Social Workers | $55,480 |
| Social Workers | $45,750 |
| Marriage and Family Therapists | $44,100 |
| Substance Abuse Counselors | $42,390 |
FAQ for Memphis Clinical and Counseling Psychologists
Additional Salary Reports for Clinical and Counseling Psychologists in Tennessee cities and Metros and U.S. States.
Official Data Sources for Clinical and Counseling Psychologists: Salary Data | Projected Employment | Cost of Living Data