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Average Clinical and Counseling Psychologists Salary in Lexington-Fayette, KY

Yes, Lexington-Fayette, KY is a highly lucrative market for Clinical and Counseling Psychologistss. With an average annual salary of $118,890, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $118,890 per year.
  • Growth Trend: Salaries have shifted 37.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $204,520.
  • Outlook: The current demand for Clinical and Counseling Psychologistss is stable, with a local workforce of approximately 100 professionals. This role remains a specialized component of the broader Lexington-Fayette, KY economy.
2024 Market Data

Salary Overview

$118,890

The average Clinical and Counseling Psychologists in Lexington-Fayette, KY earns+10.7%above the national average.

BreakdownBased on 40h/week
Hourly

$57.2

Weekly

$2,286

Monthly

$9,908

Clinical and Counseling Psychologists Salary Distribution in Lexington-Fayette, KY

The earning potential for Clinical and Counseling Psychologistss in Lexington-Fayette, KY varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 5.1x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $40,150, while highly experienced professionals can command wages upwards of $204,520.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$40,150$19.3
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$89,168$42.9
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$93,040$44.7
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$148,613$71.4
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$204,520$98.3

Detailed Clinical and Counseling Psychologists Market Analysis

Relocation Context

Nominal Salary

$118,890

Gross Pay

Real Wage (Purchasing Power)

$118,890

Adjusted for COL (100)

In Lexington-Fayette, KY, the Cost of Living Index is 100. This increases your effective purchasing power from $118,890 to $118,890.

Job Market Context

100

Total Jobs

0.369

Per 1K Jobs

0.79

Location Quotient

Below Average

Lexington-Fayette, KY has 0.79x the national average concentration of Clinical and Counseling Psychologists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

100 people work as Clinical and Counseling Psychologists in Lexington-Fayette, KY.

Only 0.369 out of every 1,000 local jobs are Clinical and Counseling Psychologists roles — this is a niche profession in the area.

Nearby Job Markets

Hiring Clinical and Counseling Psychologistss?

Frequently Asked Questions

How much does a Clinical and Counseling Psychologists make in Lexington-Fayette, KY?

The median annual salary for a Clinical and Counseling Psychologists in Lexington-Fayette, KY is $118,890. This typically ranges from $40,150 for entry-level positions to $204,520 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lexington-Fayette, KY is 10.7% higher than the national median of $107,350.

Is Lexington-Fayette, KY a good place for Clinical and Counseling Psychologistss?

Yes, Lexington-Fayette, KY is financially attractive for Clinical and Counseling Psychologistss. The average salary of $118,890 exceeds the national average. See distinct detailed breakdown below.

Is Lexington-Fayette, KY a good place to live for Clinical and Counseling Psychologists?

The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lexington-Fayette, KY?

Some top paying nearby cities include Central Kentucky nonmetropolitan area ($114,810) and South Central Kentucky nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 100 employees in the Lexington-Fayette, KY area with a job density of 0.369 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.