This question is about therapist salaries.

Do therapists make good money?

By Zippia Team - Aug. 22, 2022

Yes, therapists make good money. Depending on how advanced their degree is, therapists can make up to $10,770 per month, and that is nearly three times what the average American worker makes.

There are many different forms of therapists, and salaries can vary depending on the type of therapy practiced and the experience level of the therapist.

For instance, a clinical psychologist earns an average salary of $118,617 per year, while a psychiatrist earns an average salary of $220,380 per year.

Both titles are associated with therapy, but a psychiatrist is a doctor who can prescribe medication, hence the considerably higher average salary.

On the lower end, mental health counselors in hospitals earn around $50,000 per year, while family therapists that work for the government earn an average salary of $72,580 per year.

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