Psychology Major Details

Psychology is a major in the Social Sciences field. It offers a low median lifetime income of $2.18 million. A high share of 49% of students go on to obtain a masters, doctorate, or professional degree after their bachelors. See data details here.

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Psychology Majors’ Salary Over the Career

This figure shows median earnings by age for those who majored in Psychology but have a bachelor’s degree only: “This Major (BA only)”, and those who majored in Psychology but obtained a masters degree or higher: “This Major (Grad Degree)”. For reference, “All Majors (BA only)” contains the median income for all college graduates who have a bachelor’s degree only, and “All Majors (Grad Degree)” contains the median income for all college graduates who have a Master’s degree or higher.

DynamicIncome

This table highlights key outcomes for Psychology majors, compared to averages for all college graduates.

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Top 10 Early-Career Occupations (Bachelor’s only)

These are the top occupations for Psychology majors aged 25-35 who have a BA only (no graduate degree) and the median income they received in the occupation. The share indicates the percentage of Psychology majors aged 25-35 with a BA only who worked in that occupation.


Top 10 Mid-Career Occupations (Bachelor’s only)

These are the top occupations for Psychology majors aged 45-55 who have a BA only (no graduate degree) and the median income they received in the occupation. The share indicates the percentage of Psychology majors aged 45-55 with a BA only who worked in that occupation.


Top 10 Mid-Career Occupations (Master’s Degree or higher)

These are the top occupations for Psychology majors aged 45-55 who have completed graduate work (Masters, PhD, Professional Degree) and the median income they received in the occupation. The share indicates the percentage of Psychology majors aged 45-55 with graduate degrees who worked in that occupation.


Top 10 Early-Career Industries

These are the top industries for Psychology majors aged 25-35 and the median income they received in the industry. The share indicates the percentage of Psychology majors aged 25-35 who worked in that industry.

Share Industry Income
12 Elementary and secondary schools 58,000
10 Health services, n.e.c. 51,000
7 Hospitals 64,500
7 Social services, n.e.c. 47,500
5 Colleges and universities 56,200
3 N/A (not applicable) 0
3 Eating and drinking places 28,100
3 Insurance 60,000
2 Justice, public order, and safety 66,300
2 Legal services 70,900

Top 10 Mid-Career Industries

These are the top industries for Psychology majors aged 45-55 and the median income they received in the industry. The share indicates the percentage of Psychology majors aged 45-55 who worked in that industry.

Share Industry Income
13 Elementary and secondary schools 71,600
9 N/A (not applicable) 0
8 Health services, n.e.c. 70,900
6 Colleges and universities 86,800
5 Hospitals 89,700
5 Social services, n.e.c. 59,400
3 Justice, public order, and safety 90,700
3 Insurance 97,200
2 Administration of human resources programs 79,200
2 Management and public relations services 93,100

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