Benchmark Salary Information
Rankings for Lexington-Fayette
Compared to Kentucky
Lexington-Fayette School Psychologists earn an average of $68,000 or $32.69 per hour which is almost same as Kentucky average salary of $67,930.
| Average | Lexington-Fayette | Kentucky | % Difference |
|---|---|---|---|
| Hourly Wage | $32.69 | $32.66 | 0.09% |
| Annual Salary | $68,000 | $67,930 | 0.10% |
Compared to the U.S.
Lexington-Fayette School Psychologists earn an average of $68,000 or $32.69 per hour which is 17% less than the U.S. average salary of $82,770.
| Average | Lexington-Fayette | U.S. | % |
|---|---|---|---|
| Hourly Wage | $32.69 | $39.80 | -17.86% |
| Annual Salary | $68,000 | $82,770 | -17.84% |
Salary Adjusted for Cost-of-Living
When adjusted for cost-of-living, School Psychologists in Lexington-Fayette earns an average annual salary of $73,001 which compares to the Kentucky average annual salary of $67,930. per year.
Cost-of-living in Lexington-Fayette is 7% less than the Kentucky average, which means Lexington-Fayette residents have an overall less cost for food, housing, utilities and transportation compared to Kentucky average.
| Location | Average Annual Wage | Cost of Living | Adjusted COL Wage |
|---|---|---|---|
| Lexington-Fayette | $68,000 | 93.15% | $73,001 |
| Kentucky | $67,930 | 89.78% | $75,663 |
| U.S. | $82,770 | – | $82,770 |
Salary Ranges for Education and Experience
In Lexington-Fayette, 50% of School Psychologists earn between $59,260 and $77,690 a year, depending on factors such as level of education, experience, location and place of employment.
About 10% of School Psychologists earn more than $78,780, which is a rate for highly skilled, experienced and educated School Psychologists.
Approximately 10% of School Psychologists earn under $49,290, a rate generally reserved for less experienced or entry level School Psychologists.
| Percent | Experience | Employed | Annual Salary |
|---|---|---|---|
| 10% | Less than a Year | 9 | Under $49,290 |
| 15% | 2 – 4 years | 14 | $49,290 – $59,260 |
| 25% | 5 – 9 years | 22 | $59,260 – $62,070 |
| 25% | 10 – 14 years | 22 | $62,070 – $77,690 |
| 15% | 15 – 20 years | 14 | $62,070 – $78,780 |
| 10% | 20+ years | 9 | Above $78,780 |
Salary Compared to Related Professions
With an average annual salary of $68,000, Lexington-Fayette School Psychologists tend to earn less than Clinical and Counseling Psychologists ($86,440), and Psychology Teachers ($68,470).
However, School Psychologists tend to earn more than Substance Abuse Counselors ($46,950), Social Workers ($49,010), Marriage and Family Therapists ($53,730), and Health Care Social Workers ($59,910).
| Title | Annual Salary |
|---|---|
| Clinical and Counseling Psychologists | $86,440 |
| Psychology Teachers | $68,470 |
| School Psychologists | $68,000 |
| Health Care Social Workers | $59,910 |
| Marriage and Family Therapists | $53,730 |
| Social Workers | $49,010 |
| Substance Abuse Counselors | $46,950 |
FAQ for Lexington-Fayette School Psychologists
Additional Salary Reports for School Psychologists in Kentucky cities and Metros and U.S. States.
Official Data Sources for School Psychologists: Salary Data | Projected Employment | Cost of Living Data