2023 Salary Report for Psychology Teachers in New Mexico

Salary Report for New Mexico Psychology Teachers

New Mexico Rankings

Compare New Mexico to U.S.

New Mexico Psychology Teachers earn an average of $80,730 which is 8% less than the national average salary of $88,390.

Type	New Mexico	U.S.	% Difference
Average Hourly Wage	$38.81	$42.50	-8.67%
Average Annual Salary	$80,730	$88,390	-8.67%

Salary Range by Education and Experience

In New Mexico, 50% of Psychology Teachers earn between $64,030 and $81,440 a year, depending on factors such as level of education, experience, location and place of employment.

About 10% of Psychology Teachers earn more than $119,330, a rate generally associated with highly educated and experienced Psychology Teachers.

Approximately 10% of Psychology Teachers earn under $50,210, a rate generally reserved for less experienced or entry level Psychology Teachers.

Percent	Experience	Employed	Annual Salary
10%	Less than a Year	9	Under $50,210
15%	2 – 4 years	14	$50,210 – $64,030
25%	5 – 9 years	22	$64,030 – $81,310
25%	10 – 14 years	22	$81,310 – $81,440
15%	15 – 20 years	14	$81,310 – $119,330
10%	20+ years	9	Above $119,330

Adjusted for Cost-of-Living

After being adjusted for cost-of-living, Psychology Teachers in New Mexico psychologists earn about $88,162 per year which is less than the average U.S. psychologist of $88,390.

Cost-of-living in New Mexico is 8% less than the national average, which means New Mexico 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

With an average annual salary of $80,730, New Mexico Psychology Teachers tend to earn less than Clinical and Counseling Psychologists ($110,410), and Forensic Psychologists ($87,820).

However, Psychology Teachers tend to earn more than Social Workers ($46,870), Marriage and Family Therapists ($56,070), Health Care Social Workers ($60,320), Substance Abuse Counselors ($60,720), and School Psychologists ($77,730).

Title	Annual Salary
Clinical and Counseling Psychologists	$110,410
Forensic Psychologists	$87,820
Psychology Teachers	$80,730
School Psychologists	$77,730
Substance Abuse Counselors	$60,720
Health Care Social Workers	$60,320
Marriage and Family Therapists	$56,070
Social Workers	$46,870

Projected Demand for Psychologists in 2030

The U.S. Department of Labor projects that in New Mexico the three professions needing the most new psychologists by 2030 are Social Workers (2,180), Substance Abuse Counselors (1,840) and Health Care Social Workers (1,460).

The three professions in New Mexico needing highest percentage new psychologists by 2030 are Substance Abuse Counselors (18.7%), Psychology Teachers (14.3%) and Marriage and Family Therapists (12.5%).

Title	2020	2030	Change	Yearly Openings
Social Workers	1,990	2,180	9.5%	210
Substance Abuse Counselors	1,550	1,840	18.7%	190
Health Care Social Workers	1,300	1,460	12.3%	140
Marriage and Family Therapists	240	270	12.5%	30
Forensic Psychologists	230	230	0%	20
Psychology Teachers	70	80	14.3%	10

Salaries Ranked by New Mexico Cities

The average salary for Psychology Teachers in New Mexico is $80,730. The top cities that pay Psychology Teachers the most is Eastern New Mexico Nonmetropolitan Area ($82,910).

When adjusted for cost-of-living, the cities that pay Psychology Teachers the highest average annual salary is Eastern New Mexico Nonmetropolitan Area ($94,819).

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
Eastern New Mexico Nonmetropolitan Area	$82,910	$94,819	$11,909

Salary FAQ for New Mexico Psychology Teachers

City and Rural Summaries

Official Data Sources for Psychology Teachers: Salary Data | Projected Employment | Cost of Living Data