Psychotherapist Salary, Earnings and Wage Information

According to the U.S. Department of Labor, psychotherapists typically earn about $39.10 an hour and $81,300 annually. A recent survey by Indeed.com also suggests that the national average for psychotherapists is about $38.45 or around $80,000 a year*. How much a psychotherapist earns on an annual basis is determined in large part by the industry they work in, whether they work for a private, business, or government organization as well as their previous work experience and education attained.

While on average psychotherapists don’t earn much more than $73,300 a year, there really is no limit to how much a psychotherapist can earn. Those who are entrepreneurial, open up their own practice and develop a large and loyal clientele can earn well into the six figures. Many successful psychotherapists who run their own practice first gained a few years of work experience working with a healthcare organization or other independent agency. If you’re interested in the option of self-employment and running your own practice just remember there are substantial overhead costs, insurance claims, and other factors to consider.

*Annual salary figure figured from an average of 40 hours per week times 52 weeks a year.

Sources

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Source: US Department of Labor, Bureau of Labor Statistics, Payscale.com, Salary.com

Salary Info By Career

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