Benchmark Salary Information
Rankings for Minneapolis-St. Paul-Bloomington
Compared to Minnesota
Minneapolis-St. Paul-Bloomington Psychology Teachers earn an average of $92,720 or $44.58 per hour which is 4% more than the Minnesota average salary of $88,450.
| Average | Minneapolis-St. Paul-Bloomington | Minnesota | % Difference |
|---|---|---|---|
| Hourly Wage | $44.58 | $42.52 | 4.83% |
| Annual Salary | $92,720 | $88,450 | 4.83% |
Compared to the U.S.
Minneapolis-St. Paul-Bloomington Psychology Teachers earn an average of $92,720 or $44.58 per hour which is 4% more than the U.S. average salary of $88,390.
| Average | Minneapolis-St. Paul-Bloomington | U.S. | % |
|---|---|---|---|
| Hourly Wage | $44.58 | $42.50 | 4.90% |
| Annual Salary | $92,720 | $88,390 | 4.90% |
Salary Adjusted for Cost-of-Living
When adjusted for cost-of-living, Psychology Teachers in Minneapolis-St. Paul-Bloomington earns an average annual salary of $89,854 which compares to the Minnesota average annual salary of $88,450. per year.
Cost-of-living in Minneapolis-St. Paul-Bloomington is 3% higher than the Minnesota average, which means Minneapolis-St. Paul-Bloomington residents have an overall higher cost for food, housing, utilities and transportation compared to Minnesota average.
| Location | Average Annual Wage | Cost of Living | Adjusted COL Wage |
|---|---|---|---|
| Minneapolis-St. Paul-Bloomington | $92,720 | 103.19% | $89,854 |
| Minnesota | $88,450 | 98.62% | $89,688 |
| U.S. | $88,390 | – | $88,390 |
Salary Ranges for Education and Experience
In Minneapolis-St. Paul-Bloomington, 50% of Psychology Teachers earn between $62,460 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 $164,150, which is a rate for highly skilled, experienced and educated Psychology Teachers.
Approximately 10% of Psychology Teachers earn under $48,200, a rate generally reserved for less experienced or entry level Psychology Teachers.
| Percent | Experience | Employed | Annual Salary |
|---|---|---|---|
| 10% | Less than a Year | 45 | Under $48,200 |
| 15% | 2 – 4 years | 68 | $48,200 – $62,460 |
| 25% | 5 – 9 years | 112 | $62,460 – $80,620 |
| 25% | 10 – 14 years | 112 | $80,620 – $101,010 |
| 15% | 15 – 20 years | 68 | $80,620 – $164,150 |
| 10% | 20+ years | 45 | Above $164,150 |
Salary Compared to Related Professions
With an average annual salary of $92,720, Minneapolis-St. Paul-Bloomington Psychology Teachers tend to earn less than Clinical and Counseling Psychologists ($93,150).
However, Psychology Teachers tend to earn more than Substance Abuse Counselors ($54,350), Social Workers ($62,060), Health Care Social Workers ($63,310), Marriage and Family Therapists ($69,330), Forensic Psychologists ($73,700), and School Psychologists ($81,580).
| Title | Annual Salary |
|---|---|
| Clinical and Counseling Psychologists | $93,150 |
| Psychology Teachers | $92,720 |
| School Psychologists | $81,580 |
| Forensic Psychologists | $73,700 |
| Marriage and Family Therapists | $69,330 |
| Health Care Social Workers | $63,310 |
| Social Workers | $62,060 |
| Substance Abuse Counselors | $54,350 |
FAQ for Minneapolis-St. Paul-Bloomington 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