Average Psychologists, All Other Salary in Baltimore-Columbia-Towson, MD
Psychologists in the Baltimore-Columbia-Towson, MD area command an impressive average annual salary of $129,730. This figure significantly surpasses the national average of $95,160, indicating a robust demand and potentially higher value placed on psychological services within this metropolitan region. Factors such as the concentration of specialized roles and the overall economic landscape likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $129,730 per year.
- Growth Trend: Salaries have shifted 14.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $191,760.
- Outlook: The job market for Psychologists, All Other in Baltimore-Columbia-Towson, MD, appears robust, supported by a local workforce of 270 professionals. The Location Quotient of 1.75 suggests a higher concentration of these roles compared to the national average, implying sustained demand and a potentially dynamic job market for qualified individuals in this field.
Salary Overview
The average Psychologists, All Other in Baltimore-Columbia-Towson, MD earns+36.3%above the national average.
$62.4
$2,495
$10,811
Psychologists, All Other Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Psychologists, All Other in the Baltimore-Columbia-Towson, MD area have experienced consistent growth over the past four years, mirroring national trends. Economic expansion and increasing awareness of mental health services typically drive salary increases in specialized fields.
Psychologists, All Other Salary Distribution in Baltimore-Columbia-Towson, MD
Career progression for Psychologists, All Other in Baltimore-Columbia-Towson, MD, is typically marked by significant salary increases. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries well into the upper percentiles, reflecting a clear path for career and financial advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $58,860 | $28.3 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $97,298 | $46.8 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $132,060 | $63.5 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $162,163 | $78 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $191,760 | $92.2 |
Detailed Psychologists, All Other Market Analysis
Relocation Context
Nominal Salary
$129,730
Gross Pay
Real Wage (Purchasing Power)
$129,730
Adjusted for COL (100)
The average annual salary of $129,730 in Baltimore-Columbia-Towson, MD, offers excellent purchasing power. With a Cost of Living Index at 100, which is precisely the national average, professionals in this role can expect their earnings to translate directly to the national standard of living, making it an attractive location financially.
Job Market Context
270
Total Jobs
0.202
Per 1K Jobs
1.75
Location Quotient
Baltimore-Columbia-Towson, MD has 1.8x the national concentration of Psychologists, All Other jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 1.75 for Psychologists, All Other in Baltimore-Columbia-Towson, MD, signifies a market where these professionals are more concentrated than the national average. This suggests a strong presence and potentially higher demand for specialized psychological services within the region, making it a competitive yet opportunity-rich environment.
Nearby Job Markets
Nearby Cities for Psychologists, All Other
| City | Salary | Dist. |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV Psychologists, All Other Salary | $116,350↓ 10% | 35 mi |
Comparing salaries near Baltimore-Columbia-Towson, MD
Hiring Psychologists, All Others?
Frequently Asked Questions
How much does a Psychologists, All Other make in Baltimore-Columbia-Towson, MD?
The median annual salary for a Psychologists, All Other in Baltimore-Columbia-Towson, MD is $129,730. This typically ranges from $58,860 for entry-level positions to $191,760 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Baltimore-Columbia-Towson, MD is 36.3% higher than the national median of $95,160.
Is Baltimore-Columbia-Towson, MD a lucrative place for Psychologists, All Others?
Yes, it is a highly lucrative location for Psychologists, All Other.The average salary of $129,730 is substantially higher than the national average, and the cost of living is on par with the national average, allowing for significant disposable income.
Is Baltimore-Columbia-Towson, MD a good place to live for Psychologists, All Others?
The Cost of Living Index in Baltimore-Columbia-Towson, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Baltimore-Columbia-Towson, MD?
Some top paying nearby cities include Washington-Arlington-Alexandria, DC-VA-MD-WV ($116,350) and others.
How does the Baltimore-Columbia-Towson psychologist salary compare to the national average?
The average annual salary for Psychologists, All Other in Baltimore-Columbia-Towson, MD is $129,730, which is considerably higher than the national average of $95,160.
What is the concentration of Psychologists, All Other in the Baltimore-Columbia-Towson, MD area?
The concentration, measured by the Location Quotient, is 1.75, indicating that this profession is 75% more concentrated in this area than the national average.
Does the cost of living affect the purchasing power of a psychologist's salary in Baltimore-Columbia-Towson, MD?
No, the Cost of Living Index is 100, which is the national average. This means the $129,730 salary has the same purchasing power as it would nationally.
How many Psychologists, All Other are employed in the Baltimore-Columbia-Towson, MD area?
There are approximately 270 Psychologists, All Other employed within the Baltimore-Columbia-Towson, MD metropolitan area.
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 Baltimore-Columbia-Towson, MD area with a job density of 0.202 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Psychologists, All Other • Data source: BLS OEWS 2024 •Jobs in Baltimore-Columbia-Towson, MD