Benchmark Salary Information
Rankings for Mankato-North Mankato
Compared to Minnesota
Mankato-North Mankato Psychology Teachers earn an average of $108,920 or $52.37 per hour which is 23% more than the Minnesota average salary of $88,450.
| Average | Mankato-North Mankato | Minnesota | % Difference |
|---|---|---|---|
| Hourly Wage | $52.37 | $42.52 | 23.14% |
| Annual Salary | $108,920 | $88,450 | 23.14% |
Compared to the U.S.
Mankato-North Mankato Psychology Teachers earn an average of $108,920 or $52.37 per hour which is 23% more than the U.S. average salary of $88,390.
| Average | Mankato-North Mankato | U.S. | % |
|---|---|---|---|
| Hourly Wage | $52.37 | $42.50 | 23.23% |
| Annual Salary | $108,920 | $88,390 | 23.23% |
Salary Adjusted for Cost-of-Living
When adjusted for cost-of-living, Psychology Teachers in Mankato-North Mankato earns an average annual salary of $118,019 which compares to the Minnesota average annual salary of $88,450. per year.
Cost-of-living in Mankato-North Mankato is 8% less than the Minnesota average, which means Mankato-North Mankato residents have an overall less cost for food, housing, utilities and transportation compared to Minnesota average.
| Location | Average Annual Wage | Cost of Living | Adjusted COL Wage |
|---|---|---|---|
| Mankato-North Mankato | $108,920 | 92.29% | $118,019 |
| Minnesota | $88,450 | 98.62% | $89,688 |
| U.S. | $88,390 | – | $88,390 |
Salary Ranges for Education and Experience
In Mankato-North Mankato, 50% of Psychology Teachers earn between $62,460 and $128,700 a year, depending on factors such as level of education, experience, location and place of employment.
About 10% of Psychology Teachers earn more than $0, which is a rate for highly skilled, experienced and educated Psychology Teachers.
Approximately 10% of Psychology Teachers earn under $60,550, a rate generally reserved for less experienced or entry level Psychology Teachers.
| Percent | Experience | Employed | Annual Salary |
|---|---|---|---|
| 10% | Less than a Year | 4 | Under $60,550 |
| 15% | 2 – 4 years | 6 | $60,550 – $62,460 |
| 25% | 5 – 9 years | 10 | $62,460 – $79,410 |
| 25% | 10 – 14 years | 10 | $79,410 – $128,700 |
| 15% | 15 – 20 years | 6 | $79,410 – $0 |
| 10% | 20+ years | 4 | Above $0 |
Salary Compared to Related Professions
Psychology Teachers tend to earn more than Substance Abuse Counselors ($50,270), Social Workers ($56,510), Health Care Social Workers ($62,150), Marriage and Family Therapists ($71,670), School Psychologists ($72,440), and Clinical and Counseling Psychologists ($91,020).
| Title | Annual Salary |
|---|---|
| Psychology Teachers | $108,920 |
| Clinical and Counseling Psychologists | $91,020 |
| School Psychologists | $72,440 |
| Marriage and Family Therapists | $71,670 |
| Health Care Social Workers | $62,150 |
| Social Workers | $56,510 |
| Substance Abuse Counselors | $50,270 |
FAQ for Mankato-North Mankato Psychology Teachers
Additional Salary Reports for Psychology Teachers in Minnesota cities and Metros and U.S. States.
Official Data Sources for Psychology Teachers: Salary Data | Projected Employment | Cost of Living Data