Psychologists, All Other Salary

It’s a stretch — at the median salary of $129K, rent takes 30.4% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $2,347/month. The 30% guideline puts the comfortable ceiling at roughly $2,300/month in rent — so roommates or a 1-bedroom would ease the math significantly.

The 10th-percentile wage — what new psychologists, all others typically earn — is $59K/year. Take-home on that works out to about $3,554/month. At HUD’s $2,347/month FMR, rent would take 66% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.

Local pay is 17% above the national median — $129K here vs. $111K nationally.

Massachusetts pays $129K median vs. the U.S. average of $111K — that’s +17%. After adjusting for local cost of living (RPP 100.09), the purchasing-power equivalent is $129K — still ahead of the national median.

The median is $129,410 a year, that works out to about $62 an hour. But the range is wide: entry-level workers start around $59,240, and experienced psychologists, all others can clear $168,900. These are BLS numbers, based on employer-reported data, not self-reported surveys.

On that salary, you'd take home roughly $7,728/month after taxes. A 2-bedroom here rents for about $2,347/month, which eats 30.4% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.

Massachusetts has a Regional Price Parity of 100.09 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median psychologists, all other salary is worth about $129,294 in national-average purchasing power.

The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.