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Average Clinical and Counseling Psychologists Salary in Waco, TX

The average salary for Clinical and Counseling Psychologistss in Waco, TX is $87,300. While this is lower than the national average, the cost of living in Waco, TX may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $87,300 per year.
  • Growth Trend: Salaries have shifted 26.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $137,290.
  • Outlook: The current demand for Clinical and Counseling Psychologistss is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader Waco, TX economy.
2024 Market Data

Salary Overview

$87,300

The average Clinical and Counseling Psychologists in Waco, TX earns-18.7%below the national average.

BreakdownBased on 40h/week
Hourly

$42

Weekly

$1,679

Monthly

$7,275

Clinical and Counseling Psychologists Salary Distribution in Waco, TX

The earning potential for Clinical and Counseling Psychologistss in Waco, TX varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.9x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $47,710, while highly experienced professionals can command wages upwards of $137,290.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$47,710$22.9
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$65,475$31.5
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$78,040$37.5
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$109,125$52.5
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$137,290$66

Detailed Clinical and Counseling Psychologists Market Analysis

Relocation Context

Nominal Salary

$87,300

Gross Pay

Real Wage (Purchasing Power)

$87,300

Adjusted for COL (100)

In Waco, TX, the Cost of Living Index is 100. This increases your effective purchasing power from $87,300 to $87,300.

Job Market Context

40

Total Jobs

0.332

Per 1K Jobs

0.71

Location Quotient

Below Average

Waco, TX has 0.71x 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.

40 people work as Clinical and Counseling Psychologists in Waco, TX.

Only 0.332 out of every 1,000 local jobs are Clinical and Counseling Psychologists roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Clinical and Counseling Psychologists

Comparing salaries near Waco, TX

Hiring Clinical and Counseling Psychologistss?

Frequently Asked Questions

How much does a Clinical and Counseling Psychologists make in Waco, TX?

The median annual salary for a Clinical and Counseling Psychologists in Waco, TX is $87,300. This typically ranges from $47,710 for entry-level positions to $137,290 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Waco, TX is 18.7% lower than the national median of $107,350.

Is Waco, TX a good place for Clinical and Counseling Psychologistss?

It depends on your priorities. While the average Clinical and Counseling Psychologists salary in Waco, TX is $87,300 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Waco, TX. See distinct detailed breakdown below.

Is Waco, TX a good place to live for Clinical and Counseling Psychologists?

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

Where are the highest paying cities near Waco, TX?

Some top paying nearby cities include North Region of Texas nonmetropolitan area ($68,400) and Hill Country Region of Texas 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 40 employees in the Waco, TX area with a job density of 0.332 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.