Some therapists and psychologists earn around $48,000 a year, while others earn six-figure salaries.

Those who work in hospitals or other healthcare facilities may have evening and weekend hours.

Psychologists in private practice can typically set their own hours.

Psychologist taking notes with a patient in the background

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The median annual salary for psychologists and therapists is $85,330 or a little over $7,000 monthly.

However, these numbers vary considerably depending on what a person does.

Also, be sure to note that years of experience also play a critical role in determining yearly salaries.

They may also design and implement programs that help with behavioral issues in children.

Salaries can vary depending upon many factors, including the specific industry in which a psychologist is employed.

U.S. Department of Labor.School and Career Counselors.Occupational Outlook Handbook.

U.S. Department of Labor.Occupational Employment and Wages, May 2022: 19-3032 Industrial-Organizational Psychologists.

U.S. Department of Labor.Occupational Employment and Wages, May 2022; 21-1013 Marriage and Family Therapists.

U.S. Department of Labor.Social workers: Pay.

U.S. Department of Labor.Psychologists.Occupational Outlook Handbook.