Benchmark Salary Information
Rankings for Louisville/Jefferson County
Compared to Kentucky
Louisville/Jefferson County Forensic Psychologists earn an average of $101,850 or $48.96 per hour which is 4% more than the Kentucky average salary of $97,370.
| Average | Louisville/Jefferson County | Kentucky | % Difference |
|---|---|---|---|
| Hourly Wage | $48.96 | $46.81 | 4.59% |
| Annual Salary | $101,850 | $97,370 | 4.60% |
Compared to the U.S.
Louisville/Jefferson County Forensic Psychologists earn an average of $101,850 or $48.96 per hour which is 3% more than the U.S. average salary of $98,010.
| Average | Louisville/Jefferson County | U.S. | % |
|---|---|---|---|
| Hourly Wage | $48.96 | $47.12 | 3.90% |
| Annual Salary | $101,850 | $98,010 | 3.92% |
Salary Adjusted for Cost-of-Living
When adjusted for cost-of-living, Forensic Psychologists in Louisville/Jefferson County earns an average annual salary of $110,815 which compares to the Kentucky average annual salary of $97,370. per year.
Cost-of-living in Louisville/Jefferson County is 8% less than the Kentucky average, which means Louisville/Jefferson County residents have an overall less cost for food, housing, utilities and transportation compared to Kentucky average.
| Location | Average Annual Wage | Cost of Living | Adjusted COL Wage |
|---|---|---|---|
| Louisville/Jefferson County | $101,850 | 91.91% | $110,815 |
| Kentucky | $97,370 | 89.78% | $108,454 |
| U.S. | $98,010 | – | $98,010 |
Salary Ranges for Education and Experience
In Louisville/Jefferson County, 50% of Forensic Psychologists earn between $101,340 and $119,770 a year, depending on factors such as level of education, experience, location and place of employment.
About 10% of Forensic Psychologists earn more than $125,060, which is a rate for highly skilled, experienced and educated Forensic Psychologists.
Approximately 10% of Forensic Psychologists earn under $77,480, a rate generally reserved for less experienced or entry level Forensic Psychologists.
| Percent | Experience | Employed | Annual Salary |
|---|---|---|---|
| 10% | Less than a Year | 5 | Under $77,480 |
| 15% | 2 – 4 years | 8 | $77,480 – $101,340 |
| 25% | 5 – 9 years | 12 | $101,340 – $107,490 |
| 25% | 10 – 14 years | 12 | $107,490 – $119,770 |
| 15% | 15 – 20 years | 8 | $107,490 – $125,060 |
| 10% | 20+ years | 5 | Above $125,060 |
Salary Compared to Related Professions
With an average annual salary of $101,850, Louisville/Jefferson County Forensic Psychologists tend to earn less than Clinical and Counseling Psychologists ($105,360).
However, Forensic Psychologists tend to earn more than Social Workers ($47,170), Substance Abuse Counselors ($48,200), Marriage and Family Therapists ($52,890), Health Care Social Workers ($58,080), Psychology Teachers ($64,820), and School Psychologists ($82,150).
| Title | Annual Salary |
|---|---|
| Clinical and Counseling Psychologists | $105,360 |
| Forensic Psychologists | $101,850 |
| School Psychologists | $82,150 |
| Psychology Teachers | $64,820 |
| Health Care Social Workers | $58,080 |
| Marriage and Family Therapists | $52,890 |
| Substance Abuse Counselors | $48,200 |
| Social Workers | $47,170 |
FAQ for Louisville/Jefferson County Forensic Psychologists
Additional Salary Reports for Forensic Psychologists in Kentucky cities and Metros and U.S. States.
Official Data Sources for Forensic Psychologists: Salary Data | Projected Employment | Cost of Living Data