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Research

Datapoint: How much do psychology graduates earn?

APA Style leaf logo Cite This Article in APA Style
Conroy, J., Lin, L., & Stamm, K. (2021, November 1). Datapoint: How much do psychology graduates earn? Monitor on Psychology, 52(8). https://www.apa.org/monitor/2021/11/datapoint-earn

  • Salaries of graduates with psychology degrees in the United States vary widely, with those who have higher degrees tending to earn more. 1, 2
  • The median salaries of psychology bachelor’s, master’s, and doctoral/professional degree holders in 2019 were $50,000, $60,000, and $90,000, respectively.3
  • About 38% of bachelor’s degree holders earned at least $60,000, the median salary of master’s degree holders.
  • About 17% of bachelor’s degree holders and 19% of master’s degree holders earned at least $90,000, the median salary for doctoral or professional degree holders.

2019 salary distributions by psychology degree level

Graph depicting salary distribution of psychology graduates

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