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Average Psychologists, All Other Salary in New York

Psychologists in New York earn an impressive average annual salary of $107,470, significantly exceeding the national average of $95,160. This elevated compensation is largely driven by New York's robust economy and the specialized demand for psychological services within its populous urban centers and diverse communities.

Executive Summary

  • Average Salary: $107,470 per year.
  • Growth Trend: Salaries have shifted 8.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $157,910.
  • Outlook: With a local workforce of 870 professionals, the field of Psychologists, All Other in New York demonstrates a stable presence. The Location Quotient of 0.79 suggests a slightly lower concentration compared to the national average, indicating a market that, while not oversaturated, has a consistent demand for these specialized roles.
2024 Market Data

Salary Overview

$107,470

The average Psychologists, All Other in New York earns+12.9%above the national average.

BreakdownBased on 40h/week
Hourly

$51.7

Weekly

$2,067

Monthly

$8,956

Psychologists, All Other Salary Distribution in New York

Career progression for Psychologists, All Other in New York typically correlates with experience, leading to significant salary increases. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with specialized expertise and a proven track record can command salaries in the upper percentiles, reflecting their advanced skills and contributions.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$47,490$22.8
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$80,603$38.8
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$113,730$54.7
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$134,338$64.6
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$157,910$75.9

Detailed Psychologists, All Other Market Analysis

Relocation Context

Nominal Salary

$107,470

Gross Pay

Real Wage (Purchasing Power)

$85,907

Adjusted for COL (125.1)

While the nominal salary of $107,470 is attractive, New York's Cost of Living Index of 125.1 means that this salary will not stretch as far as it would in a more affordable state. After accounting for the 25.1% higher cost of living, the effective purchasing power of a New York psychologist's salary is reduced compared to the national average.

Job Market Context

870

Total Jobs

0.092

Per 1K Jobs

0.79

Location Quotient

Below Average

New York has 0.79x the national average concentration of Psychologists, All Other jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.79 indicates that Psychologists, All Other are employed in New York at a rate slightly below the national average. This suggests that while the profession is present and valued, it is not disproportionately concentrated, implying a balanced job market where demand and supply are relatively stable.

Nearby Job Markets

Nearby Cities for Psychologists, All Other

Comparing salaries near New York

Hiring Psychologists, All Others?

Frequently Asked Questions

How much does a Psychologists, All Other make in New York?

The median annual salary for a Psychologists, All Other in New York is $107,470. This typically ranges from $47,490 for entry-level positions to $157,910 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York is 12.9% higher than the national median of $95,160.

Is New York a lucrative place for Psychologists, All Others?

Yes, but with considerations.New York offers a higher average salary for Psychologists, All Others than the national average. However, the significantly elevated cost of living in the state must be factored into the overall financial picture.

Is New York a good place to live for Psychologists, All Others?

The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New York?

Some top paying nearby cities include Albany-Schenectady-Troy, NY ($126,850) and others.

How does the New York psychologist salary compare to the national average?

The average annual salary for Psychologists, All Other in New York is $107,470, which is $12,310 higher than the national average of $95,160.

What is the concentration of Psychologists, All Other in New York?

The Location Quotient for Psychologists, All Other in New York is 0.79, indicating a slightly lower concentration compared to the national average.

How does the cost of living affect the psychologist salary in New York?

With a Cost of Living Index of 125.1, New York is 25.1% more expensive than the national average, meaning the higher salary is partially offset by increased living expenses.

What is the total number of Psychologists, All Other in New York?

There are approximately 870 Psychologists, All Other employed in New York.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 870 employees in the New York area with a job density of 0.092 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.