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.