Benchmark Salary Information
Rankings for Indianapolis-Carmel-Anderson
Compared to Indiana
Indianapolis-Carmel-Anderson Forensic Psychologists earn an average of $86,650 or $41.66 per hour which is almost same as Indiana average salary of $86,730.
| Average | Indianapolis-Carmel-Anderson | Indiana | % Difference |
|---|---|---|---|
| Hourly Wage | $41.66 | $41.70 | -0.10% |
| Annual Salary | $86,650 | $86,730 | -0.09% |
Compared to the U.S.
Indianapolis-Carmel-Anderson Forensic Psychologists earn an average of $86,650 or $41.66 per hour which is 11% less than the U.S. average salary of $98,010.
| Average | Indianapolis-Carmel-Anderson | U.S. | % |
|---|---|---|---|
| Hourly Wage | $41.66 | $47.12 | -11.59% |
| Annual Salary | $86,650 | $98,010 | -11.59% |
Salary Adjusted for Cost-of-Living
When adjusted for cost-of-living, Forensic Psychologists in Indianapolis-Carmel-Anderson earns an average annual salary of $91,490 which compares to the Indiana average annual salary of $86,730. per year.
Cost-of-living in Indianapolis-Carmel-Anderson is 5% less than the Indiana average, which means Indianapolis-Carmel-Anderson residents have an overall less cost for food, housing, utilities and transportation compared to Indiana average.
| Location | Average Annual Wage | Cost of Living | Adjusted COL Wage |
|---|---|---|---|
| Indianapolis-Carmel-Anderson | $86,650 | 94.71% | $91,490 |
| Indiana | $86,730 | 92.50% | $93,762 |
| U.S. | $98,010 | – | $98,010 |
Salary Ranges for Education and Experience
In Indianapolis-Carmel-Anderson, 50% of Forensic Psychologists earn between $62,350 and $111,490 a year, depending on factors such as level of education, experience, location and place of employment.
About 10% of Forensic Psychologists earn more than $120,240, which is a rate for highly skilled, experienced and educated Forensic Psychologists.
Approximately 10% of Forensic Psychologists earn under $49,130, a rate generally reserved for less experienced or entry level Forensic Psychologists.
| Percent | Experience | Employed | Annual Salary |
|---|---|---|---|
| 10% | Less than a Year | 13 | Under $49,130 |
| 15% | 2 – 4 years | 20 | $49,130 – $62,350 |
| 25% | 5 – 9 years | 32 | $62,350 – $95,220 |
| 25% | 10 – 14 years | 32 | $95,220 – $111,490 |
| 15% | 15 – 20 years | 20 | $95,220 – $120,240 |
| 10% | 20+ years | 13 | Above $120,240 |
Salary Compared to Related Professions
Forensic Psychologists tend to earn more than Social Workers ($48,730), Substance Abuse Counselors ($49,330), Marriage and Family Therapists ($57,470), Health Care Social Workers ($58,870), School Psychologists ($69,810), Clinical and Counseling Psychologists ($73,650), and Psychology Teachers ($84,570).
| Title | Annual Salary |
|---|---|
| Forensic Psychologists | $86,650 |
| Psychology Teachers | $84,570 |
| Clinical and Counseling Psychologists | $73,650 |
| School Psychologists | $69,810 |
| Health Care Social Workers | $58,870 |
| Marriage and Family Therapists | $57,470 |
| Substance Abuse Counselors | $49,330 |
| Social Workers | $48,730 |
FAQ for Indianapolis-Carmel-Anderson Forensic Psychologists
Additional Salary Reports for Forensic Psychologists in Indiana cities and Metros and U.S. States.
Official Data Sources for Forensic Psychologists: Salary Data | Projected Employment | Cost of Living Data