Industries with Fastest Psychologists Salary Growth

These industries raised Psychologists salaries the most from 2019 to 2024. Useful for deciding which industry to work in or switch to for better pay growth.

32
Industries with Growth
+110.9%
Highest Growth
+23.2%
Average Growth
9
Industries with Decline

Top 15 Industries for Salary Growth

Psychologists salary increase from 2019 to 2024

All 32 Industries with Salary Growth

Rank Industry 2019 Salary 2024 Salary $ Increase % Growth
1 Other Schools and Instruction $72,970 $153,900 +$80,930 +110.9%
2 Other Ambulatory Health Care Services $69,930 $121,260 +$51,330 +73.4%
3 Research and Development in the Physical, Engineering, and Life Sciences $74,350 $124,400 +$50,050 +67.3%
4 Educational Support Services $72,430 $102,860 +$30,430 +42.0%
5 Home Health Care Services $89,090 $120,550 +$31,460 +35.3%
6 Management, Scientific, and Technical Consulting Services $75,750 $100,670 +$24,920 +32.9%
7 Scientific Research and Development Services $83,970 $105,210 +$21,240 +25.3%
8 Offices of Physicians $84,800 $105,750 +$20,950 +24.7%
9 Administrative and Support Services $84,900 $104,480 +$19,580 +23.1%
10 Employment Services $83,710 $101,300 +$17,590 +21.0%
11 Offices of Mental Health Practitioners (except Physicians) $79,010 $94,580 +$15,570 +19.7%
12 Psychiatric and Substance Abuse Hospitals $83,690 $100,100 +$16,410 +19.6%
13 Offices of Other Health Practitioners $79,880 $94,660 +$14,780 +18.5%
14 Ambulatory Health Care Services $82,250 $96,960 +$14,710 +17.9%
15 Hospitals $88,480 $103,760 +$15,280 +17.3%
16 Outpatient Care Centers $86,740 $100,670 +$13,930 +16.1%
17 Colleges, Universities, and Professional Schools $69,940 $80,720 +$10,780 +15.4%
18 Individual and Family Services $71,170 $81,850 +$10,680 +15.0%
19 Offices of Physical, Occupational and Speech Therapists, and Audiologists $86,660 $99,520 +$12,860 +14.8%
20 Temporary Help Services $86,370 $98,960 +$12,590 +14.6%
21 Specialty (except Psychiatric and Substance Abuse) Hospitals $93,340 $106,330 +$12,990 +13.9%
22 Social Assistance $71,650 $81,270 +$9,620 +13.4%
23 Nursing Care Facilities (Skilled Nursing Facilities) $91,240 $102,640 +$11,400 +12.5%
24 Other Residential Care Facilities $58,770 $65,970 +$7,200 +12.3%
25 Elementary and Secondary Schools $76,960 $85,380 +$8,420 +10.9%
26 Research and Development in the Social Sciences and Humanities $89,830 $98,580 +$8,750 +9.7%
27 Nursing and Residential Care Facilities $68,360 $74,650 +$6,290 +9.2%
28 Professional, Scientific, and Technical Services $80,790 $87,060 +$6,270 +7.8%
29 Community Food and Housing, and Emergency and Other Relief Services $76,790 $82,310 +$5,520 +7.2%
30 Residential Intellectual and Developmental Disability, Mental Health, and Substance Abuse Facilities $70,840 $75,860 +$5,020 +7.1%
31 Management of Companies and Enterprises $80,440 $85,730 +$5,290 +6.6%
32 Educational Services $76,270 $81,240 +$4,970 +6.5%

9 Industries with Salary Decline

Rank Industry 2019 Salary 2024 Salary $ Decrease % Decline
1 Social Advocacy Organizations $66,610 $48,920 -$17,690 -26.6%
2 Religious, Grantmaking, Civic, Professional, and Similar Organizations $79,930 $61,670 -$18,260 -22.8%
3 Direct Health and Medical Insurance Carriers $98,190 $80,860 -$17,330 -17.6%
4 Junior Colleges $92,880 $77,210 -$15,670 -16.9%
5 Insurance Carriers $96,690 $80,860 -$15,830 -16.4%
6 Vocational Rehabilitation Services $71,400 $62,780 -$8,620 -12.1%
7 Insurance Carriers and Related Activities $96,770 $88,040 -$8,730 -9.0%
8 Business, Professional, Labor, Political, and Similar Organizations $104,150 $99,640 -$4,510 -4.3%
9 General Medical and Surgical Hospitals $90,620 $87,220 -$3,400 -3.8%

About This Data

Salary growth is calculated by comparing the median annual wage for Psychologists in each industry between 2019 and 2024, using Bureau of Labor Statistics data. Growth percentage = (2024 median - 2019 median) / 2019 median × 100.