Salary Report for Indiana Psychology Teachers
Indiana Rankings
Compare Indiana to U.S.
Indiana Psychology Teachers earn an average of $92,690 which is 4% more than the national average salary of $88,390.
Type | Indiana | U.S. | % Difference |
---|---|---|---|
Average Hourly Wage | $44.56 | $42.50 | 4.86% |
Average Annual Salary | $92,690 | $88,390 | 4.86% |
Salary Range by Education and Experience
In Indiana, 50% of Psychology Teachers earn between $59,980 and $122,690 a year, depending on factors such as level of education, experience, location and place of employment.
About 10% of Psychology Teachers earn more than $163,750, a rate generally associated with highly educated and experienced Psychology Teachers.
Approximately 10% of Psychology Teachers earn under $47,150, a rate generally reserved for less experienced or entry level Psychology Teachers.
Percent | Experience | Employed | Annual Salary |
---|---|---|---|
10% | Less than a Year | 53 | Under $47,150 |
15% | 2 – 4 years | 80 | $47,150 – $59,980 |
25% | 5 – 9 years | 132 | $59,980 – $77,890 |
25% | 10 – 14 years | 132 | $77,890 – $122,690 |
15% | 15 – 20 years | 80 | $77,890 – $163,750 |
10% | 20+ years | 53 | Above $163,750 |
Adjusted for Cost-of-Living
After being adjusted for cost-of-living, Psychology Teachers in Indiana psychologists earn about $100,205 per year which is less than the average U.S. psychologist of $88,390.
Cost-of-living in Indiana is 8% less than the national average, which means Indiana residents have an overall less 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
Psychology Teachers tend to earn more than Social Workers ($45,520), Substance Abuse Counselors ($48,760), Marriage and Family Therapists ($52,340), Health Care Social Workers ($56,460), School Psychologists ($67,320), Clinical and Counseling Psychologists ($79,250), and Forensic Psychologists ($86,730).
Title | Annual Salary |
---|---|
Psychology Teachers | $92,690 |
Forensic Psychologists | $86,730 |
Clinical and Counseling Psychologists | $79,250 |
School Psychologists | $67,320 |
Health Care Social Workers | $56,460 |
Marriage and Family Therapists | $52,340 |
Substance Abuse Counselors | $48,760 |
Social Workers | $45,520 |
Projected Demand for Psychologists in 2030
The U.S. Department of Labor projects that in Indiana the three professions needing the most new psychologists by 2030 are Social Workers (8,600), Substance Abuse Counselors (8,500) and Health Care Social Workers (4,520).
The three professions in Indiana needing highest percentage new psychologists by 2030 are Substance Abuse Counselors (21.4%), Marriage and Family Therapists (18.1%) and Health Care Social Workers (12.4%).
Title | 2020 | 2030 | Change | Yearly Openings |
---|---|---|---|---|
Social Workers | 7,790 | 8,600 | 10.4% | 830 |
Substance Abuse Counselors | 7,000 | 8,500 | 21.4% | 860 |
Health Care Social Workers | 4,020 | 4,520 | 12.4% | 440 |
Marriage and Family Therapists | 1,160 | 1,370 | 18.1% | 140 |
Forensic Psychologists | 970 | 1,020 | 5.2% | 70 |
Psychology Teachers | 500 | 550 | 10% | 50 |
Salaries Ranked by Indiana Cities
The average salary for Psychology Teachers in Indiana is $92,690. The top cities that pay Psychology Teachers the most are Indianapolis-Carmel-Anderson ($84,570), South Bend-Mishawaka ($76,440) and Northern Indiana Nonmetropolitan Area ($73,710).
When adjusted for cost-of-living, the cities that pay Psychology Teachers the highest average annual salary are Indianapolis-Carmel-Anderson ($89,294), Northern Indiana Nonmetropolitan Area ($83,723) and South Bend-Mishawaka ($83,332).
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 |
---|---|---|---|
Indianapolis-Carmel-Anderson | $84,570 | $89,294 | $4,724 |
South Bend-Mishawaka | $76,440 | $83,332 | $6,892 |
Northern Indiana Nonmetropolitan Area | $73,710 | $83,723 | $10,013 |
Salary FAQ for Indiana Psychology Teachers
City and Rural Summaries
Indianapolis-Carmel-Anderson
Average Psychology Teachers Salary: $84,570
Adjusted for Cost-of-Living: $89,294
Hourly Wage: $40.66
Currently Employed: 130
Cost-of-Living Index: 94.71
Indianapolis-Carmel-Anderson Salary Report
Northern Indiana Nonmetropolitan Area
Average Psychology Teachers Salary: $73,710
Adjusted for Cost of Living: $83,723
Hourly Wage: $35
Currently Employed: 30
Cost-of-Living Index: 88.04
Northern Indiana Nonmetropolitan Area Salary Report
South Bend-Mishawaka
Average Psychology Teachers Salary: $76,440
Adjusted for Cost-of-Living: $83,332
Hourly Wage: $36.75
Currently Employed: 60
Cost-of-Living Index: 91.73
South Bend-Mishawaka Salary Report
Official Data Sources for Psychology Teachers: Salary Data | Projected Employment | Cost of Living Data