Benchmark Salary Information
Rankings for Eastern New Mexico Nonmetropolitan Area
Compared to New Mexico
Eastern New Mexico Nonmetropolitan Area Psychology Teachers earn an average of $82,910 or $39.86 per hour which is 2% more than the New Mexico average salary of $80,730.
| Average | Eastern New Mexico Nonmetropolitan Area | New Mexico | % Difference |
|---|---|---|---|
| Hourly Wage | $39.86 | $38.81 | 2.70% |
| Annual Salary | $82,910 | $80,730 | 2.70% |
Compared to the U.S.
Eastern New Mexico Nonmetropolitan Area Psychology Teachers earn an average of $82,910 or $39.86 per hour which is 6% less than the U.S. average salary of $88,390.
| Average | Eastern New Mexico Nonmetropolitan Area | U.S. | % |
|---|---|---|---|
| Hourly Wage | $39.86 | $42.50 | -6.20% |
| Annual Salary | $82,910 | $88,390 | -6.20% |
Salary Adjusted for Cost-of-Living
When adjusted for cost-of-living, Psychology Teachers in Eastern New Mexico Nonmetropolitan Area earns an average annual salary of $94,819 which compares to the New Mexico average annual salary of $80,730. per year.
Cost-of-living in Eastern New Mexico Nonmetropolitan Area is 13% less than the New Mexico average, which means Eastern New Mexico Nonmetropolitan Area residents have an overall less cost for food, housing, utilities and transportation compared to New Mexico average.
| Location | Average Annual Wage | Cost of Living | Adjusted COL Wage |
|---|---|---|---|
| Eastern New Mexico Nonmetropolitan Area | $82,910 | 87.44% | $94,819 |
| New Mexico | $80,730 | 91.57% | $88,162 |
| U.S. | $88,390 | – | $88,390 |
Salary Ranges for Education and Experience
In Eastern New Mexico Nonmetropolitan Area, 50% of Psychology Teachers earn between $63,870 and $81,440 a year, depending on factors such as level of education, experience, location and place of employment.
About 10% of Psychology Teachers earn more than $129,550, which is a rate for highly skilled, experienced and educated Psychology Teachers.
Approximately 10% of Psychology Teachers earn under $50,210, a rate generally reserved for less experienced or entry level Psychology Teachers.
| Percent | Experience | Employed | Annual Salary |
|---|---|---|---|
| 10% | Less than a Year | 4 | Under $50,210 |
| 15% | 2 – 4 years | 6 | $50,210 – $63,870 |
| 25% | 5 – 9 years | 10 | $63,870 – $81,410 |
| 25% | 10 – 14 years | 10 | $81,410 – $81,440 |
| 15% | 15 – 20 years | 6 | $81,410 – $129,550 |
| 10% | 20+ years | 4 | Above $129,550 |
Salary Compared to Related Professions
With an average annual salary of $82,910, Eastern New Mexico Nonmetropolitan Area Psychology Teachers tend to earn less than School Psychologists ($87,180).
However, Psychology Teachers tend to earn more than Social Workers ($49,950), Health Care Social Workers ($57,700), Substance Abuse Counselors ($59,390), and Marriage and Family Therapists ($60,430).
| Title | Annual Salary |
|---|---|
| School Psychologists | $87,180 |
| Psychology Teachers | $82,910 |
| Marriage and Family Therapists | $60,430 |
| Substance Abuse Counselors | $59,390 |
| Health Care Social Workers | $57,700 |
| Social Workers | $49,950 |
FAQ for Eastern New Mexico Nonmetropolitan Area Psychology Teachers
Additional Salary Reports for Psychology Teachers in New Mexico cities and Metros and U.S. States.
Official Data Sources for Psychology Teachers: Salary Data | Projected Employment | Cost of Living Data