SalaryNode

Average Clinical and Counseling Psychologists Salary in Richmond, VA

Clinical and Counseling Psychologists in Richmond, VA, command an average annual salary of $96,240. This figure is notably below the national average of $107,350, suggesting that local market dynamics, such as demand and supply, may be influencing compensation levels in this Virginia city. While the nominal salary is lower than the national benchmark, understanding the local economic context is crucial for a complete picture.

Executive Summary

  • Average Salary: $96,240 per year.
  • Growth Trend: Salaries have shifted 4.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $201,760.
  • Outlook: Richmond, VA, hosts a local workforce of 420 Clinical and Counseling Psychologists, with a jobs-per-1,000-workers ratio of 0.639. The Location Quotient of 1.37 indicates a higher concentration of these professionals in Richmond compared to the national average, suggesting a robust and potentially growing demand for their specialized skills within the region. This concentration points to a healthy job market for psychologists in the area.
2024 Market Data

Salary Overview

$96,240

The average Clinical and Counseling Psychologists in Richmond, VA earns-10.3%below the national average.

BreakdownBased on 40h/week
Hourly

$46.3

Weekly

$1,851

Monthly

$8,020

Clinical and Counseling Psychologists Salary Distribution in Richmond, VA

Salary progression for Clinical and Counseling Psychologists in Richmond, VA, typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive expertise and specialized certifications can command salaries well into the upper percentiles. The gap between entry-level and senior roles signifies clear career advancement opportunities and the value placed on accumulated knowledge and skill.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$51,180$24.6
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$72,180$34.7
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$76,540$36.8
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$120,300$57.8
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$201,760$97

Detailed Clinical and Counseling Psychologists Market Analysis

Relocation Context

Nominal Salary

$96,240

Gross Pay

Real Wage (Purchasing Power)

$96,240

Adjusted for COL (100)

The average annual salary of $96,240 for Clinical and Counseling Psychologists in Richmond, VA, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a psychologist's salary in Richmond is equivalent to that of a psychologist earning the national average in a typical U.S. city, offering a stable financial foundation for residents.

Job Market Context

420

Total Jobs

0.639

Per 1K Jobs

1.37

Location Quotient

Above Average

With a location quotient of 1.37, Richmond, VA has a slightly higher-than-average concentration of Clinical and Counseling Psychologists roles compared to the national norm.

With a Location Quotient of 1.37, Richmond, VA, demonstrates a higher concentration of Clinical and Counseling Psychologists than the national average. This suggests that the job market in Richmond is relatively more abundant with these specialists, potentially indicating a competitive environment for new entrants but also a strong network and readily available talent pool for employers seeking these services.

Nearby Job Markets

Hiring Clinical and Counseling Psychologistss?

Frequently Asked Questions

How much does a Clinical and Counseling Psychologists make in Richmond, VA?

The median annual salary for a Clinical and Counseling Psychologists in Richmond, VA is $96,240. This typically ranges from $51,180 for entry-level positions to $201,760 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Richmond, VA is 10.3% lower than the national median of $107,350.

Is Richmond, VA a lucrative place for Clinical and Counseling Psychologists?

No, not when compared to the national average salary.While Richmond, VA, has a higher concentration of these professionals (LQ of 1.37), the average salary of $96,240 is below the national average of $107,350. However, the cost of living is on par with the national average, making the nominal salary's purchasing power equivalent.

Is Richmond, VA a good place to live for Clinical and Counseling Psychologists?

The Cost of Living Index in Richmond, VA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Richmond, VA?

Some top paying nearby cities include Southside Virginia nonmetropolitan area ($103,030) and Northern West Virginia nonmetropolitan area.

How does the cost of living in Richmond affect a psychologist's salary?

Richmond's Cost of Living Index is 100, which is the national average. This means that the average salary of $96,240 in Richmond offers the same purchasing power as the national average salary in a typical U.S. city.

What is the concentration of Clinical and Counseling Psychologists in Richmond?

Richmond, VA, has a Location Quotient of 1.37 for Clinical and Counseling Psychologists, indicating that the area has a higher concentration of these professionals compared to the national average.

How many Clinical and Counseling Psychologists are there in Richmond?

There are approximately 420 Clinical and Counseling Psychologists working in Richmond, VA, representing 0.639 jobs per 1,000 workers in the total local workforce.

Is the job market for psychologists growing in Richmond?

The Location Quotient of 1.37 suggests a strong presence and potentially growing demand for Clinical and Counseling Psychologists in Richmond, as the concentration is higher than the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the Richmond, VA area with a job density of 0.639 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.