Benchmark Salary Information
Rankings for Chicago-Naperville-Elgin
Compared to Illinois
Chicago-Naperville-Elgin Psychology Teachers earn an average of $87,090 or $41.87 per hour which is 1% more than the Illinois average salary of $85,420.
| Average | Chicago-Naperville-Elgin | Illinois | % Difference |
|---|---|---|---|
| Hourly Wage | $41.87 | $41.07 | 1.96% |
| Annual Salary | $87,090 | $85,420 | 1.96% |
Compared to the U.S.
Chicago-Naperville-Elgin Psychology Teachers earn an average of $87,090 or $41.87 per hour which is 1% less than the U.S. average salary of $88,390.
| Average | Chicago-Naperville-Elgin | U.S. | % |
|---|---|---|---|
| Hourly Wage | $41.87 | $42.50 | -1.47% |
| Annual Salary | $87,090 | $88,390 | -1.47% |
Salary Adjusted for Cost-of-Living
When adjusted for cost-of-living, Psychology Teachers in Chicago-Naperville-Elgin earns an average annual salary of $83,062 which compares to the Illinois average annual salary of $85,420. per year.
Cost-of-living in Chicago-Naperville-Elgin is 5% higher than the Illinois average, which means Chicago-Naperville-Elgin residents have an overall higher cost for food, housing, utilities and transportation compared to Illinois average.
| Location | Average Annual Wage | Cost of Living | Adjusted COL Wage |
|---|---|---|---|
| Chicago-Naperville-Elgin | $87,090 | 104.85% | $83,062 |
| Illinois | $85,420 | 100.48% | $85,012 |
| U.S. | $88,390 | – | $88,390 |
Salary Ranges for Education and Experience
In Chicago-Naperville-Elgin, 50% of Psychology Teachers earn between $60,820 and $101,010 a year, depending on factors such as level of education, experience, location and place of employment.
About 10% of Psychology Teachers earn more than $131,700, which is a rate for highly skilled, experienced and educated Psychology Teachers.
Approximately 10% of Psychology Teachers earn under $48,920, a rate generally reserved for less experienced or entry level Psychology Teachers.
| Percent | Experience | Employed | Annual Salary |
|---|---|---|---|
| 10% | Less than a Year | 149 | Under $48,920 |
| 15% | 2 – 4 years | 224 | $48,920 – $60,820 |
| 25% | 5 – 9 years | 372 | $60,820 – $78,090 |
| 25% | 10 – 14 years | 372 | $78,090 – $101,010 |
| 15% | 15 – 20 years | 224 | $78,090 – $131,700 |
| 10% | 20+ years | 149 | Above $131,700 |
Salary Compared to Related Professions
With an average annual salary of $87,090, Chicago-Naperville-Elgin Psychology Teachers tend to earn less than Forensic Psychologists ($103,430), and Clinical and Counseling Psychologists ($102,580).
However, Psychology Teachers tend to earn more than Substance Abuse Counselors ($54,460), Marriage and Family Therapists ($55,200), Social Workers ($57,170), Health Care Social Workers ($62,870), and School Psychologists ($77,460).
| Title | Annual Salary |
|---|---|
| Forensic Psychologists | $103,430 |
| Clinical and Counseling Psychologists | $102,580 |
| Psychology Teachers | $87,090 |
| School Psychologists | $77,460 |
| Health Care Social Workers | $62,870 |
| Social Workers | $57,170 |
| Marriage and Family Therapists | $55,200 |
| Substance Abuse Counselors | $54,460 |
FAQ for Chicago-Naperville-Elgin Psychology Teachers
Additional Salary Reports for Psychology Teachers in Illinois cities and Metros and U.S. States.
Official Data Sources for Psychology Teachers: Salary Data | Projected Employment | Cost of Living Data