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In the 2018–19 academic year, psychology faculty had a mean salary of $75,000. Salary levels were higher for tenure or tenure-track faculty and for those working at private independent institutions. See more faculty salary data on APA’s Psychology Faculty report (PDF, 1.3MB)opens in new window.
Among 2018 graduates with research doctorates in psychology, median salaries were highest for those entering the industry or business employment ($87,000) and lowest for those working in academia ($60,000). See more postgraduate salary data for psychology graduates.
An analysis on job advertisements posted on PsycCareers in 2015–17 shows that 48% of the job ads were for health service psychologist positions and 37% were for faculty positions. The most commonly specified skills in these job ads were “leadership skills” and “cultural awareness.” See reports and data tools on psychology online job advertisements.