Salary Report for Colorado Psychology Teachers
Colorado Rankings
Compare Colorado to U.S.
Colorado Psychology Teachers earn an average of $74,040 which is 16% less than the national average salary of $88,390.
Type | Colorado | U.S. | % Difference |
---|---|---|---|
Average Hourly Wage | $35.60 | $42.50 | -16.23% |
Average Annual Salary | $74,040 | $88,390 | -16.23% |
Salary Range by Education and Experience
In Colorado, 50% of Psychology Teachers earn between $49,520 and $98,070 a year, depending on factors such as level of education, experience, location and place of employment.
About 10% of Psychology Teachers earn more than $123,630, a rate generally associated with highly educated and experienced Psychology Teachers.
Approximately 10% of Psychology Teachers earn under $39,680, a rate generally reserved for less experienced or entry level Psychology Teachers.
Percent | Experience | Employed | Annual Salary |
---|---|---|---|
10% | Less than a Year | 81 | Under $39,680 |
15% | 2 – 4 years | 122 | $39,680 – $49,520 |
25% | 5 – 9 years | 202 | $49,520 – $64,490 |
25% | 10 – 14 years | 202 | $64,490 – $98,070 |
15% | 15 – 20 years | 122 | $64,490 – $123,630 |
10% | 20+ years | 81 | Above $123,630 |
Adjusted for Cost-of-Living
After being adjusted for cost-of-living, Psychology Teachers in Colorado psychologists earn about $71,974 per year which is more than the average U.S. psychologist of $88,390.
Cost-of-living in Colorado is 3% higher than the national average, which means Colorado residents have an overall higher cost for food, housing, utilities and transportation compared to other states.
More cost-of-living reports for U.S. States.
Salary Compared to Related Professions
With an average annual salary of $74,040, Colorado Psychology Teachers tend to earn less than School Psychologists ($103,240), and Clinical and Counseling Psychologists ($86,760).
However, Psychology Teachers tend to earn more than Substance Abuse Counselors ($57,900), Health Care Social Workers ($58,450), Social Workers ($59,790), and Marriage and Family Therapists ($73,040).
Title | Annual Salary |
---|---|
School Psychologists | $103,240 |
Clinical and Counseling Psychologists | $86,760 |
Psychology Teachers | $74,040 |
Marriage and Family Therapists | $73,040 |
Social Workers | $59,790 |
Health Care Social Workers | $58,450 |
Substance Abuse Counselors | $57,900 |
Projected Demand for Psychologists in 2030
The U.S. Department of Labor projects that in Colorado the three professions needing the most new psychologists by 2030 are Substance Abuse Counselors (12,290), Social Workers (8,840) and Health Care Social Workers (4,180).
The three professions in Colorado needing highest percentage new psychologists by 2030 are Marriage and Family Therapists (38.4%), Substance Abuse Counselors (35.7%) and Health Care Social Workers (33.1%).
Title | 2020 | 2030 | Change | Yearly Openings |
---|---|---|---|---|
Substance Abuse Counselors | 9,060 | 12,290 | 35.7% | 1,260 |
Social Workers | 7,320 | 8,840 | 20.8% | 840 |
Health Care Social Workers | 3,140 | 4,180 | 33.1% | 420 |
Marriage and Family Therapists | 860 | 1,190 | 38.4% | 120 |
Psychology Teachers | 670 | 850 | 26.9% | 70 |
Forensic Psychologists | 440 | 470 | 6.8% | 30 |
Salaries Ranked by Colorado Cities
The average salary for Psychology Teachers in Colorado is $74,040. The top cities that pay Psychology Teachers the most are Fort Collins ($88,100), Denver-Aurora-Lakewood ($77,370) and Eastern and Southern Colorado Nonmetropolitan Area ($53,290).
When adjusted for cost-of-living, the cities that pay Psychology Teachers the highest average annual salary are Fort Collins ($87,977), Denver-Aurora-Lakewood ($72,113) and Eastern and Southern Colorado Nonmetropolitan Area ($55,743).
The following table shows the average yearly salary range for Psychology Teachers in each city, and the average yearly salary after being adjusted for cost-of-living in that state.
The difference column shows how much more or less purchasing power a Psychology Teachers salary will have in that area.
Area | Average Salary | COL Adjusted | Difference |
---|---|---|---|
Fort Collins | $88,100 | $87,977 | $-123 |
Denver-Aurora-Lakewood | $77,370 | $72,113 | $-5,257 |
Eastern and Southern Colorado Nonmetropolitan Area | $53,290 | $55,743 | $2,453 |
Salary FAQ for Colorado Psychology Teachers
City and Rural Summaries
Denver-Aurora-Lakewood
Average Psychology Teachers Salary: $77,370
Adjusted for Cost-of-Living: $72,113
Hourly Wage: $37.20
Currently Employed: 360
Cost-of-Living Index: 107.29
Denver-Aurora-Lakewood Salary Report
Eastern and Southern Colorado Nonmetropolitan Area
Average Psychology Teachers Salary: $53,290
Adjusted for Cost of Living: $55,743
Hourly Wage: $26
Currently Employed: 50
Cost-of-Living Index: 95.60
Eastern and Southern Colorado Nonmetropolitan Area Salary Report
Fort Collins
Average Psychology Teachers Salary: $88,100
Adjusted for Cost-of-Living: $87,977
Hourly Wage: $42.36
Currently Employed: 60
Cost-of-Living Index: 100.14
Fort Collins Salary Report
Official Data Sources for Psychology Teachers: Salary Data | Projected Employment | Cost of Living Data