5 Of The Most Highest Paying Psychology Careers

Juliet D'cruz

Updated on:

Psychology is a booming career with many great opportunities for those who complete an accredited bachelor’s degree in the field. 

However, out of all of the different ways to pursue this degree, several jobs pay better than $100,000 per year on average. Below are five of the most highest-paying psychology careers.

1. Forensic Psychologist

Psychology is the study of the behaviors and personalities of humans. Forensic psychology is a sub-field where psychologists use this knowledge to assist criminal justice situations, such as criminal investigation and interrogation. 

Since forensic examinations are beneficial for forensics, forensic psychology is one of the highest-paying psychology careers. A psychologist in this field can expect to make around $90,000 per year on average.

2. Industrial Psychologist

Industrial psychology is another great high-paying psychology profession. This role will research and apply psychological methods and techniques to improve productivity within a specific industry or company. 

An industrial psychologist can expect to make around $97,000 per year on average. This career is ideal for highly research-oriented people.

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3. School Psychologist

School psychologists work in school settings to help students with behavioral, emotional, social, and academic concerns. They are some of the highest-paid professionals in psychology since they are responsible for some of the largest budgets on campuses. Like forensic psychologists, an average school psychologist can expect to make around $97,000 annually on average.

4. Clinical Psychologist and Counseling Psychologist

Clinical psychology is another well-paying psychology profession. Unlike people in other fields conducting research, clinical psychologists treat patients who suffer from physical and mental disorders. Clinical psychologists can expect to make around $102,000 per year on average. This career requires a substantial amount of research and study.

To be considered for this career, a candidate must complete an accredited degree in counseling or psychology. Counseling psychologists are responsible for the treatment of mentally and emotionally disturbed individuals. They are responsible for assessing, diagnosing, and providing treatment to patients. An average counseling psychologist salary is around $102,000 per year on average.

5. Psychiatrist and Military Psychologist

Psychiatrists are medical doctors that specialize in the treatment of mental illness. They are licensed physicians who may also do post-doctoral studies to become licensed clinical psychologists. 

Psychiatrists can expect to make around $90,000 on average. The downside of this career is the amount of schooling necessary to become a psychiatrist can be very expensive; however, after becoming a doctor, most psychiatrists will make enough money to pay off the loans they acquired while in school.

In the military, military psychologists are called upon to assist in several different situations. In some situations, military psychologists will provide mental health services to people serving in the armed forces. In other situations, they may work to correct performance issues within a unit or platoon. 

Those in this role often make around $102,000 annually on average. Psychological testing and debriefing of service members after a battlefield engagement are activities military psychologists perform.


While all psychology professions listed above are great careers, it is important to remember that most people in these roles require a master’s or doctoral degree. Without one of these degrees, pursuing a career in psychology will be impossible. However, these careers are great options since they offer very competitive salaries. If you’re looking to start your psychology career, checking out places like CareersInPsychology.org is a good place to start.

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