Benchmark Salary Information
Rankings for Madison
Compared to Wisconsin
Madison School Psychologists earn an average of $73,960 or $35.56 per hour which is almost same as Wisconsin average salary of $73,520.
| Average | Madison | Wisconsin | % Difference |
|---|---|---|---|
| Hourly Wage | $35.56 | $35.35 | 0.59% |
| Annual Salary | $73,960 | $73,520 | 0.60% |
Compared to the U.S.
Madison School Psychologists earn an average of $73,960 or $35.56 per hour which is 10% less than the U.S. average salary of $82,770.
| Average | Madison | U.S. | % |
|---|---|---|---|
| Hourly Wage | $35.56 | $39.80 | -10.65% |
| Annual Salary | $73,960 | $82,770 | -10.64% |
Salary Adjusted for Cost-of-Living
When adjusted for cost-of-living, School Psychologists in Madison earns an average annual salary of $76,240 which compares to the Wisconsin average annual salary of $73,520. per year.
Cost-of-living in Madison is 3% less than the Wisconsin average, which means Madison residents have an overall less cost for food, housing, utilities and transportation compared to Wisconsin average.
| Location | Average Annual Wage | Cost of Living | Adjusted COL Wage |
|---|---|---|---|
| Madison | $73,960 | 97.01% | $76,240 |
| Wisconsin | $73,520 | 93.19% | $78,893 |
| U.S. | $82,770 | – | $82,770 |
Salary Ranges for Education and Experience
In Madison, 50% of School Psychologists earn between $60,590 and $80,650 a year, depending on factors such as level of education, experience, location and place of employment.
About 10% of School Psychologists earn more than $99,690, which is a rate for highly skilled, experienced and educated School Psychologists.
Approximately 10% of School Psychologists earn under $48,670, a rate generally reserved for less experienced or entry level School Psychologists.
| Percent | Experience | Employed | Annual Salary |
|---|---|---|---|
| 10% | Less than a Year | 20 | Under $48,670 |
| 15% | 2 – 4 years | 30 | $48,670 – $60,590 |
| 25% | 5 – 9 years | 50 | $60,590 – $63,530 |
| 25% | 10 – 14 years | 50 | $63,530 – $80,650 |
| 15% | 15 – 20 years | 30 | $63,530 – $99,690 |
| 10% | 20+ years | 20 | Above $99,690 |
Salary Compared to Related Professions
With an average annual salary of $73,960, Madison School Psychologists tend to earn less than Psychology Teachers ($92,970), Clinical and Counseling Psychologists ($88,030), and Forensic Psychologists ($78,600).
However, School Psychologists tend to earn more than Social Workers ($50,760), Substance Abuse Counselors ($53,270), and Health Care Social Workers ($63,780).
| Title | Annual Salary |
|---|---|
| Psychology Teachers | $92,970 |
| Clinical and Counseling Psychologists | $88,030 |
| Forensic Psychologists | $78,600 |
| School Psychologists | $73,960 |
| Health Care Social Workers | $63,780 |
| Substance Abuse Counselors | $53,270 |
| Social Workers | $50,760 |
FAQ for Madison School Psychologists
Additional Salary Reports for School Psychologists in Wisconsin cities and Metros and U.S. States.
Official Data Sources for School Psychologists: Salary Data | Projected Employment | Cost of Living Data