How Much Do I/O Psychologists Make in 2020 (including Starting Salary)

Stan T.Career, SalaryLeave a Comment

Annual Salary, Salary Range, and Highest Paying States.

Average Salary

Annual salary
$109030 per year

Hourly wage
$52 per hour

One of the most popular questions we get from our readers here is how much do I/O Psychologists make per year and their hourly wage.

Starting Salary

Entry-level annual salary
$51350 to $61950 per year

Entry-level hourly wage
$25 to $30 per hour

Entry-level I/O Psychologists with little to no experience can expect to make anywhere between $51350 to $61950 per year or $25 to $30 per hour.

Just like any other job, the salary of an Industrial-Organizational Psychologist will increase as they become more experienced.

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Salary Rank

Salary rank

We wanted to make it easy for our readers to compare the salary of an Industrial-Organizational Psychologist to all the other careers out there. So we created Salary Rank. We compare the salary of all careers then we give them a rank of A, B, C or D depending on where their average salary sits in comparison to other careers.

After comparing how much do I/O Psychologists make with other careers, they have a salary rank of A.

Salary range

Highest (Top 10%)$92$192150
Senior (Top 25%)$66$138180
Middle (Mid 50%)$47$97260
Junior (Bottom 25%)$30$61950
No experience (Bottom 10%)$25$51350

Highest paying states

CA$ 72$ 149,820
VA$ 61$ 126,220
NJ$ 58$ 119,700
MN$ 55$ 114,990
PA$ 47$ 96,730
MA$ 36$ 75,660
OK$ 28$ 58,920

Another simple way to increase your salary as an Industrial-Organizational Psychologist is to move to a higher paying state. However moving to a higher paying state like CA doesn’t guarantee that you will make more because the expenses at CA might be much higher than where you are currently living at right now.

According to BLS, the highest paid I/O Psychologists are in the states of CA, VA, NJ, MN and PA.

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