Benchmark Salary Information
Rankings for Denver-Aurora-Lakewood
Compared to Colorado
Denver-Aurora-Lakewood Psychology Teachers earn an average of $77,370 or $37.20 per hour which is 4% more than the Colorado average salary of $74,040.
| Average | Denver-Aurora-Lakewood | Colorado | % Difference |
|---|---|---|---|
| Hourly Wage | $37.20 | $35.60 | 4.50% |
| Annual Salary | $77,370 | $74,040 | 4.50% |
Compared to the U.S.
Denver-Aurora-Lakewood Psychology Teachers earn an average of $77,370 or $37.20 per hour which is 12% less than the U.S. average salary of $88,390.
| Average | Denver-Aurora-Lakewood | U.S. | % |
|---|---|---|---|
| Hourly Wage | $37.20 | $42.50 | -12.47% |
| Annual Salary | $77,370 | $88,390 | -12.47% |
Salary Adjusted for Cost-of-Living
When adjusted for cost-of-living, Psychology Teachers in Denver-Aurora-Lakewood earns an average annual salary of $72,113 which compares to the Colorado average annual salary of $74,040. per year.
Cost-of-living in Denver-Aurora-Lakewood is 7% higher than the Colorado average, which means Denver-Aurora-Lakewood residents have an overall higher cost for food, housing, utilities and transportation compared to Colorado average.
| Location | Average Annual Wage | Cost of Living | Adjusted COL Wage |
|---|---|---|---|
| Denver-Aurora-Lakewood | $77,370 | 107.29% | $72,113 |
| Colorado | $74,040 | 102.87% | $71,974 |
| U.S. | $88,390 | – | $88,390 |
Salary Ranges for Education and Experience
In Denver-Aurora-Lakewood, 50% of Psychology Teachers earn between $50,600 and $104,150 a year, depending on factors such as level of education, experience, location and place of employment.
About 10% of Psychology Teachers earn more than $123,730, which is a rate for highly skilled, experienced and educated Psychology Teachers.
Approximately 10% of Psychology Teachers earn under $48,820, a rate generally reserved for less experienced or entry level Psychology Teachers.
| Percent | Experience | Employed | Annual Salary |
|---|---|---|---|
| 10% | Less than a Year | 36 | Under $48,820 |
| 15% | 2 – 4 years | 54 | $48,820 – $50,600 |
| 25% | 5 – 9 years | 90 | $50,600 – $64,490 |
| 25% | 10 – 14 years | 90 | $64,490 – $104,150 |
| 15% | 15 – 20 years | 54 | $64,490 – $123,730 |
| 10% | 20+ years | 36 | Above $123,730 |
Salary Compared to Related Professions
With an average annual salary of $77,370, Denver-Aurora-Lakewood Psychology Teachers tend to earn less than School Psychologists ($105,450), and Clinical and Counseling Psychologists ($94,760).
However, Psychology Teachers tend to earn more than Health Care Social Workers ($60,480), Substance Abuse Counselors ($61,510), Social Workers ($63,170), and Marriage and Family Therapists ($76,220).
| Title | Annual Salary |
|---|---|
| School Psychologists | $105,450 |
| Clinical and Counseling Psychologists | $94,760 |
| Psychology Teachers | $77,370 |
| Marriage and Family Therapists | $76,220 |
| Social Workers | $63,170 |
| Substance Abuse Counselors | $61,510 |
| Health Care Social Workers | $60,480 |
FAQ for Denver-Aurora-Lakewood Psychology Teachers
Additional Salary Reports for Psychology Teachers in Colorado cities and Metros and U.S. States.
Official Data Sources for Psychology Teachers: Salary Data | Projected Employment | Cost of Living Data