Full-time annual salaries for different degree holders

large version of datapoint graph

Key findings outlined in the graph:

The charts show the distribution of full-time annual salaries for workers with bachelor’s, master’s, and doctoral degrees in psychology. Bachelor’s degree holders are most concentrated between $40,000 and $79,999, with the largest group earning $50,000–$59,999 (17.5%). Master’s degree holders generally earn more, with the largest shares earning $60,000–$69,999 (15.4%) and $70,000–$79,999 (15.7%). Doctoral degree holders have a much broader salary distribution. Their largest single group earns $50,000–$59,999 (11.5%), but substantial shares earn $100,000 or more, including 6.7% earning $200,000 or more. Overall, the salary distribution shifts toward higher earnings as degree level increases.