Benchmark Salary Information
Rankings for Albany-Schenectady-Troy
Compared to New York
Albany-Schenectady-Troy Forensic Psychologists earn an average of $102,080 or $49.08 per hour which is 1% less than the New York average salary of $104,140.
| Average | Albany-Schenectady-Troy | New York | % Difference |
|---|---|---|---|
| Hourly Wage | $49.08 | $50.07 | -1.98% |
| Annual Salary | $102,080 | $104,140 | -1.98% |
Compared to the U.S.
Albany-Schenectady-Troy Forensic Psychologists earn an average of $102,080 or $49.08 per hour which is 4% more than the U.S. average salary of $98,010.
| Average | Albany-Schenectady-Troy | U.S. | % |
|---|---|---|---|
| Hourly Wage | $49.08 | $47.12 | 4.16% |
| Annual Salary | $102,080 | $98,010 | 4.15% |
Salary Adjusted for Cost-of-Living
When adjusted for cost-of-living, Forensic Psychologists in Albany-Schenectady-Troy earns an average annual salary of $101,775 which compares to the New York average annual salary of $104,140. per year.
Cost-of-living in Albany-Schenectady-Troy is 0% higher than the New York average, which means Albany-Schenectady-Troy residents have an overall higher cost for food, housing, utilities and transportation compared to New York average.
| Location | Average Annual Wage | Cost of Living | Adjusted COL Wage |
|---|---|---|---|
| Albany-Schenectady-Troy | $102,080 | 100.30% | $101,775 |
| New York | $104,140 | 110.21% | $94,492 |
| U.S. | $98,010 | – | $98,010 |
Salary Ranges for Education and Experience
In Albany-Schenectady-Troy, 50% of Forensic Psychologists earn between $93,660 and $120,240 a year, depending on factors such as level of education, experience, location and place of employment.
About 10% of Forensic Psychologists earn more than $121,760, which is a rate for highly skilled, experienced and educated Forensic Psychologists.
Approximately 10% of Forensic Psychologists earn under $46,820, a rate generally reserved for less experienced or entry level Forensic Psychologists.
| Percent | Experience | Employed | Annual Salary |
|---|---|---|---|
| 10% | Less than a Year | 4 | Under $46,820 |
| 15% | 2 – 4 years | 6 | $46,820 – $93,660 |
| 25% | 5 – 9 years | 10 | $93,660 – $103,900 |
| 25% | 10 – 14 years | 10 | $103,900 – $120,240 |
| 15% | 15 – 20 years | 6 | $103,900 – $121,760 |
| 10% | 20+ years | 4 | Above $121,760 |
Salary Compared to Related Professions
With an average annual salary of $102,080, Albany-Schenectady-Troy Forensic Psychologists tend to earn less than Clinical and Counseling Psychologists ($108,810).
However, Forensic Psychologists tend to earn more than Substance Abuse Counselors ($52,880), Health Care Social Workers ($55,210), Social Workers ($63,920), School Psychologists ($75,090), and Psychology Teachers ($88,430).
| Title | Annual Salary |
|---|---|
| Clinical and Counseling Psychologists | $108,810 |
| Forensic Psychologists | $102,080 |
| Psychology Teachers | $88,430 |
| School Psychologists | $75,090 |
| Social Workers | $63,920 |
| Health Care Social Workers | $55,210 |
| Substance Abuse Counselors | $52,880 |
FAQ for Albany-Schenectady-Troy Forensic Psychologists
Additional Salary Reports for Forensic Psychologists in New York cities and Metros and U.S. States.
Official Data Sources for Forensic Psychologists: Salary Data | Projected Employment | Cost of Living Data