Benchmark Salary Information
Rankings for Balance of Lower Peninsula of Michigan Nonmetropolitan Area
Compared to Michigan
Balance of Lower Peninsula of Michigan Nonmetropolitan Area Psychology Teachers earn an average of $80,690 or $38.79 per hour which is 3% less than the Michigan average salary of $83,670.
| Average | Balance of Lower Peninsula of Michigan Nonmetropolitan Area | Michigan | % Difference |
|---|---|---|---|
| Hourly Wage | $38.79 | $40.23 | -3.56% |
| Annual Salary | $80,690 | $83,670 | -3.56% |
Compared to the U.S.
Balance of Lower Peninsula of Michigan Nonmetropolitan Area Psychology Teachers earn an average of $80,690 or $38.79 per hour which is 8% less than the U.S. average salary of $88,390.
| Average | Balance of Lower Peninsula of Michigan Nonmetropolitan Area | U.S. | % |
|---|---|---|---|
| Hourly Wage | $38.79 | $42.50 | -8.71% |
| Annual Salary | $80,690 | $88,390 | -8.71% |
Salary Adjusted for Cost-of-Living
When adjusted for cost-of-living, Psychology Teachers in Balance of Lower Peninsula of Michigan Nonmetropolitan Area earns an average annual salary of $91,766 which compares to the Michigan average annual salary of $83,670. per year.
Cost-of-living in Balance of Lower Peninsula of Michigan Nonmetropolitan Area is 12% less than the Michigan average, which means Balance of Lower Peninsula of Michigan Nonmetropolitan Area residents have an overall less cost for food, housing, utilities and transportation compared to Michigan average.
| Location | Average Annual Wage | Cost of Living | Adjusted COL Wage |
|---|---|---|---|
| Balance of Lower Peninsula of Michigan Nonmetropolitan Area | $80,690 | 87.93% | $91,766 |
| Michigan | $83,670 | 94.04% | $88,973 |
| U.S. | $88,390 | – | $88,390 |
Salary Ranges for Education and Experience
In Balance of Lower Peninsula of Michigan Nonmetropolitan Area, 50% of Psychology Teachers earn between $63,060 and $99,840 a year, depending on factors such as level of education, experience, location and place of employment.
About 10% of Psychology Teachers earn more than $100,820, which is a rate for highly skilled, experienced and educated Psychology Teachers.
Approximately 10% of Psychology Teachers earn under $48,110, a rate generally reserved for less experienced or entry level Psychology Teachers.
| Percent | Experience | Employed | Annual Salary |
|---|---|---|---|
| 10% | Less than a Year | 7 | Under $48,110 |
| 15% | 2 – 4 years | 10 | $48,110 – $63,060 |
| 25% | 5 – 9 years | 18 | $63,060 – $78,180 |
| 25% | 10 – 14 years | 18 | $78,180 – $99,840 |
| 15% | 15 – 20 years | 10 | $78,180 – $100,820 |
| 10% | 20+ years | 7 | Above $100,820 |
Salary Compared to Related Professions
Psychology Teachers tend to earn more than Social Workers ($55,030), Health Care Social Workers ($56,700), Substance Abuse Counselors ($58,090), School Psychologists ($74,410), and Clinical and Counseling Psychologists ($78,920).
| Title | Annual Salary |
|---|---|
| Psychology Teachers | $80,690 |
| Clinical and Counseling Psychologists | $78,920 |
| School Psychologists | $74,410 |
| Substance Abuse Counselors | $58,090 |
| Health Care Social Workers | $56,700 |
| Social Workers | $55,030 |
FAQ for Balance of Lower Peninsula of Michigan Nonmetropolitan Area Psychology Teachers
Additional Salary Reports for Psychology Teachers in Michigan cities and Metros and U.S. States.
Official Data Sources for Psychology Teachers: Salary Data | Projected Employment | Cost of Living Data