Average Clinical and Counseling Psychologists Salary in Madison, WI
Clinical and Counseling Psychologists in Madison, WI, command an impressive average annual salary of $129,780, significantly surpassing the national average of $107,350. This elevated compensation reflects the robust demand and specialized nature of psychological services within the Madison area, alongside a thriving local economy that supports higher remuneration for skilled professionals.
Executive Summary
- Average Salary: $129,780 per year.
- Growth Trend: Salaries have shifted 47.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $186,930.
- Outlook: The Madison, WI job market for Clinical and Counseling Psychologists demonstrates a healthy concentration, indicated by a Location Quotient of 1.41, suggesting a presence that is 41% higher than the national average. With a local workforce of 270 professionals, this concentration points to a stable and potentially growing demand for these specialized roles within the community.
Salary Overview
The average Clinical and Counseling Psychologists in Madison, WI earns+20.9%above the national average.
$62.4
$2,496
$10,815
Clinical and Counseling Psychologists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the field of Clinical and Counseling Psychology in Madison, WI, has experienced steady salary growth over the past four years, mirroring national trends. Factors such as increasing awareness of mental health, evolving therapeutic practices, and sustained demand likely contribute to a positive trajectory for compensation in this profession.
Clinical and Counseling Psychologists Salary Distribution in Madison, WI
Career progression for Clinical and Counseling Psychologists in Madison, WI, is typically marked by a significant increase in earning potential. Entry-level positions may start at a lower percentile, but with accumulated experience, specialized certifications, and a proven track record, professionals can advance to senior roles commanding higher salaries. The salary distribution, with distinct percentile gaps, clearly signifies these opportunities for career and financial growth.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $56,720 | $27.3 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $97,335 | $46.8 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $119,310 | $57.4 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $162,225 | $78 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $186,930 | $89.9 |
Detailed Clinical and Counseling Psychologists Market Analysis
Relocation Context
Nominal Salary
$129,780
Gross Pay
Real Wage (Purchasing Power)
$129,780
Adjusted for COL (100)
For Clinical and Counseling Psychologists considering a move to Madison, WI, the nominal average salary of $129,780 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of the Madison salary is equivalent to the national average, offering a stable financial foundation without the immediate pressure of higher or lower living expenses.
Job Market Context
270
Total Jobs
0.661
Per 1K Jobs
1.41
Location Quotient
With a location quotient of 1.41, Madison, WI has a slightly higher-than-average concentration of Clinical and Counseling Psychologists roles compared to the national norm.
Madison, WI, presents a notably concentrated job market for Clinical and Counseling Psychologists, evidenced by a Location Quotient of 1.41. This suggests that the area has a higher proportion of these professionals compared to the national average, indicating a potentially competitive yet robust environment where expertise is valued and sought after.
Nearby Job Markets
Nearby Cities for Clinical and Counseling Psychologists
| City | Salary | Dist. |
|---|---|---|
| Janesville-Beloit, WI Clinical and Counseling Psychologists Salary | $95,030↓ 27% | 33 mi |
| Rockford, IL Clinical and Counseling Psychologists Salary | $84,970↓ 35% | 59 mi |
| Milwaukee-Waukesha, WI Clinical and Counseling Psychologists Salary | $120,990↓ 7% | 72 mi |
| Oshkosh-Neenah, WI Clinical and Counseling Psychologists Salary | $104,450↓ 20% | 77 mi |
Comparing salaries near Madison, WI
Hiring Clinical and Counseling Psychologistss?
Frequently Asked Questions
How much does a Clinical and Counseling Psychologists make in Madison, WI?
The median annual salary for a Clinical and Counseling Psychologists in Madison, WI is $129,780. This typically ranges from $56,720 for entry-level positions to $186,930 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Madison, WI is 20.9% higher than the national median of $107,350.
Is Madison, WI a lucrative place for Clinical and Counseling Psychologists?
Yes, Madison, WI is a lucrative location for Clinical and Counseling Psychologists.The average salary of $129,780 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong earning potential.
Is Madison, WI a good place to live for Clinical and Counseling Psychologists?
The Cost of Living Index in Madison, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Madison, WI?
Some top paying nearby cities include Janesville-Beloit, WI ($95,030) and Rockford, IL.
How does the Madison, WI salary compare to the national average?
The average annual salary for Clinical and Counseling Psychologists in Madison, WI, is $129,780, which is substantially higher than the national average of $107,350.
What is the concentration of Clinical and Counseling Psychologists in Madison, WI?
Madison, WI has a Location Quotient of 1.41 for Clinical and Counseling Psychologists, meaning the concentration of these professionals is 41% higher than the national average.
How does the cost of living in Madison, WI affect the psychologist salary?
With a Cost of Living Index of 100, Madison, WI, has a cost of living that is exactly at the national average. This means the $129,780 salary offers purchasing power equivalent to the national average.
What is the total number of Clinical and Counseling Psychologists in Madison, WI?
There are approximately 270 Clinical and Counseling Psychologists employed in Madison, WI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Madison, WI area with a job density of 0.661 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Clinical and Counseling Psychologists • Data source: BLS OEWS 2024 •Jobs in Madison, WI