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Average Psychologists, All Other Salary in New York-Newark-Jersey City, NY-NJ

Psychologists in the New York-Newark-Jersey City, NY-NJ metropolitan area earn an impressive average annual salary of $107,240. This figure significantly surpasses the national average of $95,160, indicating a strong demand and potentially higher operational costs within this major economic hub. The concentration of opportunities and specialized roles in such a large metropolitan area often drives higher compensation for highly skilled professionals.

Executive Summary

  • Average Salary: $107,240 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $150,450.
  • Outlook: The local job market for Psychologists, All Other, in the New York-Newark-Jersey City area appears stable, with a workforce of 1,030 individuals. The Location Quotient of 0.95 suggests a concentration of these professionals that is nearly on par with the national average, indicating a healthy, albeit not exceptionally concentrated, presence. With 0.11 jobs per 1,000 workers, the market demonstrates consistent, albeit modest, demand for these specialized roles within the region.
2024 Market Data

Salary Overview

$107,240

The average Psychologists, All Other in New York-Newark-Jersey City, NY-NJ earns+12.7%above the national average.

BreakdownBased on 40h/week
Hourly

$51.6

Weekly

$2,062

Monthly

$8,937

Psychologists, All Other Salary Distribution in New York-Newark-Jersey City, NY-NJ

The salary landscape for Psychologists, All Other, in New York-Newark-Jersey City shows significant potential for career progression. Entry-level positions typically command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn substantially more, potentially reaching into the upper percentiles. The widening gap between entry-level and senior-level salaries reflects the value placed on expertise and advanced qualifications within the field.

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)$80,430$38.7
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$121,470$58.4
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$134,050$64.4
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$150,450$72.3

Detailed Psychologists, All Other Market Analysis

Relocation Context

Nominal Salary

$107,240

Gross Pay

Real Wage (Purchasing Power)

$107,240

Adjusted for COL (100)

For Psychologists, All Other, considering a move to the New York-Newark-Jersey City area, the nominal average salary of $107,240 aligns perfectly with the national average Cost of Living Index of 100. This means that while the gross income is higher than the national average, the purchasing power of that salary is effectively equivalent to the national average, considering local expenses.

Job Market Context

1,030

Total Jobs

0.11

Per 1K Jobs

0.95

Location Quotient

Below Average

New York-Newark-Jersey City, NY-NJ has 0.95x 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.

With a Location Quotient of 0.95, the New York-Newark-Jersey City metropolitan area exhibits a job market for Psychologists, All Other, that is very close to the national average in terms of concentration. This suggests a competitive yet accessible market, where the number of professionals is well-balanced with the available opportunities, avoiding extreme saturation or scarcity.

Nearby Job Markets

Hiring Psychologists, All Others?

Frequently Asked Questions

How much does a Psychologists, All Other make in New York-Newark-Jersey City, NY-NJ?

The median annual salary for a Psychologists, All Other in New York-Newark-Jersey City, NY-NJ is $107,240. This typically ranges from $47,490 for entry-level positions to $150,450 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York-Newark-Jersey City, NY-NJ is 12.7% higher than the national median of $95,160.

Is New York-Newark-Jersey City, NY-NJ a lucrative place for Psychologists, All Others?

Yes, it is a lucrative place for Psychologists, All Others.The average salary of $107,240 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong earning potential.

Is New York-Newark-Jersey City, NY-NJ a good place to live for Psychologists, All Others?

The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100. While higher than average, this often correlates with higher wages.

How does the salary compare to the national average?

Psychologists, All Other, in New York-Newark-Jersey City earn an average of $107,240 annually, which is $12,080 more than the national average of $95,160.

What is the job market like for this role in the area?

The job market is stable with a workforce of 1,030 and a Location Quotient of 0.95, indicating a concentration nearly matching the national average.

Does the high salary translate to better purchasing power?

The average salary of $107,240 is offset by a Cost of Living Index of 100, meaning purchasing power is comparable to the national average.

How many Psychologists, All Other, are employed in this region?

There are approximately 1,030 Psychologists, All Other, employed within the New York-Newark-Jersey City 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 1,030 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 0.11 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in New York-Newark-Jersey City, NY-NJ

Semantic Salary Analysis for Psychologists, All Other • Data source: BLS OEWS 2024 •Jobs in New York-Newark-Jersey City, NY-NJ