Salary Report for New Mexico School Psychologists
New Mexico Rankings
Compare New Mexico to U.S.
New Mexico School Psychologists earn an average of $77,730 which is 6% less than the national average salary of $82,770.
Type | New Mexico | U.S. | % Difference |
---|---|---|---|
Average Hourly Wage | $37.37 | $39.80 | -6.11% |
Average Annual Salary | $77,730 | $82,770 | -6.09% |
Salary Range by Education and Experience
In New Mexico, 50% of School Psychologists earn between $61,940 and $80,230 a year, depending on factors such as level of education, experience, location and place of employment.
About 10% of School Psychologists earn more than $121,180, a rate generally associated with highly educated and experienced School Psychologists.
Approximately 10% of School Psychologists earn under $59,260, a rate generally reserved for less experienced or entry level School Psychologists.
Percent | Experience | Employed | Annual Salary |
---|---|---|---|
10% | Less than a Year | 37 | Under $59,260 |
15% | 2 – 4 years | 56 | $59,260 – $61,940 |
25% | 5 – 9 years | 92 | $61,940 – $74,370 |
25% | 10 – 14 years | 92 | $74,370 – $80,230 |
15% | 15 – 20 years | 56 | $74,370 – $121,180 |
10% | 20+ years | 37 | Above $121,180 |
Adjusted for Cost-of-Living
After being adjusted for cost-of-living, School Psychologists in New Mexico psychologists earn about $84,886 per year which is less than the average U.S. psychologist of $82,770.
Cost-of-living in New Mexico is 8% less than the national average, which means New Mexico residents have an overall less cost for food, housing, utilities and transportation compared to other states.
More cost-of-living reports for U.S. States.
Salary Compared to Related Professions
With an average annual salary of $77,730, New Mexico School Psychologists tend to earn less than Clinical and Counseling Psychologists ($110,410), Forensic Psychologists ($87,820), and Psychology Teachers ($80,730).
However, School Psychologists tend to earn more than Social Workers ($46,870), Marriage and Family Therapists ($56,070), Health Care Social Workers ($60,320), and Substance Abuse Counselors ($60,720).
Title | Annual Salary |
---|---|
Clinical and Counseling Psychologists | $110,410 |
Forensic Psychologists | $87,820 |
Psychology Teachers | $80,730 |
School Psychologists | $77,730 |
Substance Abuse Counselors | $60,720 |
Health Care Social Workers | $60,320 |
Marriage and Family Therapists | $56,070 |
Social Workers | $46,870 |
Salaries Ranked by New Mexico Cities
The average salary for School Psychologists in New Mexico is $77,730. The top cities that pay School Psychologists the most are Eastern New Mexico Nonmetropolitan Area ($87,180), Northern New Mexico Nonmetropolitan Area ($85,680) and Albuquerque ($71,730).
When adjusted for cost-of-living, the cities that pay School Psychologists the highest average annual salary are Eastern New Mexico Nonmetropolitan Area ($99,703), Northern New Mexico Nonmetropolitan Area ($97,987) and Albuquerque ($76,074).
The following table shows the average yearly salary range for School Psychologists in each city, and the average yearly salary after being adjusted for cost-of-living in that state.
The difference column shows how much more or less purchasing power a School Psychologists salary will have in that area.
Area | Average Salary | COL Adjusted | Difference |
---|---|---|---|
Eastern New Mexico Nonmetropolitan Area | $87,180 | $99,703 | $12,523 |
Northern New Mexico Nonmetropolitan Area | $85,680 | $97,987 | $12,307 |
Albuquerque | $71,730 | $76,074 | $4,344 |
Salary FAQ for New Mexico School Psychologists
City and Rural Summaries
Albuquerque
Average School Psychologists Salary: $71,730
Adjusted for Cost-of-Living: $76,074
Hourly Wage: $34.49
Currently Employed: 200
Cost-of-Living Index: 94.29
Albuquerque Salary Report
Eastern New Mexico Nonmetropolitan Area
Average School Psychologists Salary: $87,180
Adjusted for Cost of Living: $99,703
Hourly Wage: $42
Currently Employed: 80
Cost-of-Living Index: 87.44
Eastern New Mexico Nonmetropolitan Area Salary Report
Northern New Mexico Nonmetropolitan Area
Average School Psychologists Salary: $85,680
Adjusted for Cost-of-Living: $97,987
Hourly Wage: $41.19
Currently Employed: 40
Cost-of-Living Index: 87.44
Northern New Mexico Nonmetropolitan Area Salary Report
Official Data Sources for School Psychologists: Salary Data | Projected Employment | Cost of Living Data