Benchmark Salary Information

  • The number of Psychology Teachers currently employed in Madison is 230.
  • Psychology Teachers in Madison earn an average of $92,970 per year or $44.70 per hour.
  • The percentage of Wisconsin Psychology Teachers who work in Madison is less than 1%.
  • The percentage of U.S. Psychology Teachers who work in Madison is 1%.

Rankings for Madison

  • Ranks #1 in Wisconsin for salary and #1 when adjusted for cost-of-living.
  • Ranks #1 in Wisconsin for the number of psychologists employed.
  • Ranks #25 in the nation for salary and #123 when adjusted for cost-of-living.
  • Ranks #31 in the nation for the number of psychologists employed.

Compared to Wisconsin

Madison Psychology Teachers earn an average of $92,970 or $44.70 per hour which is 14% more than the Wisconsin average salary of $81,270.

AverageMadisonWisconsin% Difference
Hourly Wage$44.70$39.0714.40%
Annual Salary$92,970$81,27014.40%
Source: U.S. Bureau of Labor Statistics and U.S. Department of Commerce – 2022*

Compared to the U.S.

Madison Psychology Teachers earn an average of $92,970 or $44.70 per hour which is 5% more than the U.S. average salary of $88,390.

AverageMadisonU.S.%
Hourly Wage$44.70$42.505.18%
Annual Salary$92,970$88,3905.18%
Source: U.S. Bureau of Labor Statistics and U.S. Department of Commerce – 2022*

Salary Adjusted for Cost-of-Living

When adjusted for cost-of-living, Psychology Teachers in Madison earns an average annual salary of $95,835 which compares to the Wisconsin average annual salary of $81,270. per year.

Cost-of-living in Madison is 3% less than the Wisconsin average, which means Madison residents have an overall less cost for food, housing, utilities and transportation compared to Wisconsin average.

  • Wisconsin average salary is $81,270.
  • Wisconsin cost-of-living adjusted salary is $87,209.
  • Madison average salary is $92,970.
  • Madison cost-of-living adjusted salary is $95,835.
LocationAverage Annual WageCost of LivingAdjusted COL Wage
Madison$92,97097.01%$95,835
Wisconsin$81,27093.19%$87,209
U.S.$88,390$88,390
Source: U.S. Bureau of Labor Statistics and U.S. Department of Commerce – 2022*

Salary Ranges for Education and Experience

In Madison, 50% of Psychology Teachers earn between $50,600 and $104,270 a year, depending on factors such as level of education, experience, location and place of employment.

About 10% of Psychology Teachers earn more than $169,410, which is a rate for highly skilled, experienced and educated Psychology Teachers.

Approximately 10% of Psychology Teachers earn under $39,680, a rate generally reserved for less experienced or entry level Psychology Teachers.

PercentExperienceEmployedAnnual Salary
10%Less than a Year23Under $39,680
15%2 – 4 years34$39,680 – $50,600
25%5 – 9 years58$50,600 – $81,980
25%10 – 14 years58$81,980 – $104,270
15%15 – 20 years34$81,980 – $169,410
10%20+ years23Above $169,410
Source: U.S. Bureau of Labor Statistics and U.S. Department of Commerce – 2022*

Salary Compared to Related Professions

Psychology Teachers tend to earn more than Social Workers ($50,760), Substance Abuse Counselors ($53,270), Health Care Social Workers ($63,780), School Psychologists ($73,960), Forensic Psychologists ($78,600), and Clinical and Counseling Psychologists ($88,030).

TitleAnnual Salary
Psychology Teachers$92,970
Clinical and Counseling Psychologists$88,030
Forensic Psychologists$78,600
School Psychologists$73,960
Health Care Social Workers$63,780
Substance Abuse Counselors$53,270
Social Workers$50,760
Source: U.S. Bureau of Labor Statistics and U.S. Department of Commerce – 2022*

FAQ for Madison Psychology Teachers

The number of Psychology Teachers currently employed in Madison is 230.

Psychology Teachers earn an average of $92,970 per year or $44.70 per hour in Madison.

When adjusted for Cost of Living in Madison Psychology Teachers earn an average of $95,835 per year or $46 per hour.

The types of psychologists that are paid the highest annual salary in Madison are Psychology Teachers($92,970), Clinical and Counseling Psychologists($88,030), Forensic Psychologists($78,600).


Additional Salary Reports for Psychology Teachers in Wisconsin cities and Metros and U.S. States.

Official Data Sources for Psychology Teachers: Salary Data | Projected Employment | Cost of Living Data