Benchmark Salary Information
Rankings for Richmond
Compared to Virginia
Richmond Forensic Psychologists earn an average of $90,660 or $43.59 per hour which is 13% less than the Virginia average salary of $104,670.
| Average | Richmond | Virginia | % Difference |
|---|---|---|---|
| Hourly Wage | $43.59 | $50.32 | -13.37% |
| Annual Salary | $90,660 | $104,670 | -13.38% |
Compared to the U.S.
Richmond Forensic Psychologists earn an average of $90,660 or $43.59 per hour which is 7% less than the U.S. average salary of $98,010.
| Average | Richmond | U.S. | % |
|---|---|---|---|
| Hourly Wage | $43.59 | $47.12 | -7.49% |
| Annual Salary | $90,660 | $98,010 | -7.50% |
Salary Adjusted for Cost-of-Living
When adjusted for cost-of-living, Forensic Psychologists in Richmond earns an average annual salary of $94,992 which compares to the Virginia average annual salary of $104,670. per year.
Cost-of-living in Richmond is 5% less than the Virginia average, which means Richmond residents have an overall less cost for food, housing, utilities and transportation compared to Virginia average.
| Location | Average Annual Wage | Cost of Living | Adjusted COL Wage |
|---|---|---|---|
| Richmond | $90,660 | 95.44% | $94,992 |
| Virginia | $104,670 | 100.98% | $103,654 |
| U.S. | $98,010 | – | $98,010 |
Salary Ranges for Education and Experience
In Richmond, 50% of Forensic Psychologists earn between $62,240 and $114,380 a year, depending on factors such as level of education, experience, location and place of employment.
About 10% of Forensic Psychologists earn more than $123,910, which is a rate for highly skilled, experienced and educated Forensic Psychologists.
Approximately 10% of Forensic Psychologists earn under $29,820, a rate generally reserved for less experienced or entry level Forensic Psychologists.
| Percent | Experience | Employed | Annual Salary |
|---|---|---|---|
| 10% | Less than a Year | 11 | Under $29,820 |
| 15% | 2 – 4 years | 16 | $29,820 – $62,240 |
| 25% | 5 – 9 years | 28 | $62,240 – $101,670 |
| 25% | 10 – 14 years | 28 | $101,670 – $114,380 |
| 15% | 15 – 20 years | 16 | $101,670 – $123,910 |
| 10% | 20+ years | 11 | Above $123,910 |
Salary Compared to Related Professions
With an average annual salary of $90,660, Richmond Forensic Psychologists tend to earn less than Clinical and Counseling Psychologists ($101,240).
However, Forensic Psychologists tend to earn more than Marriage and Family Therapists ($46,190), Social Workers ($52,250), Substance Abuse Counselors ($52,660), Health Care Social Workers ($55,190), School Psychologists ($72,750), and Psychology Teachers ($84,120).
| Title | Annual Salary |
|---|---|
| Clinical and Counseling Psychologists | $101,240 |
| Forensic Psychologists | $90,660 |
| Psychology Teachers | $84,120 |
| School Psychologists | $72,750 |
| Health Care Social Workers | $55,190 |
| Substance Abuse Counselors | $52,660 |
| Social Workers | $52,250 |
| Marriage and Family Therapists | $46,190 |
FAQ for Richmond Forensic Psychologists
Additional Salary Reports for Forensic Psychologists in Virginia cities and Metros and U.S. States.
Official Data Sources for Forensic Psychologists: Salary Data | Projected Employment | Cost of Living Data