How to Start, Grow, and Manage a Private Therapy Practice: Part 3
How Much Do Therapists Make in Private Practice?
According to ZipRecruiter, the national average salary for private practice therapists is $97,696. Here is an example of how average private practice therapist salaries vary by state:
Massachusetts: $107K/year
New York: $99K/year
California: $90K/year
Illinois: $85K/year
Ohio: $82K/year
Texas: $82K/year
Florida: $75K/year
Your degree, specialty, years of practice, and continuing education greatly impact your income.
The average salary for a licensed clinical social worker with 6-8 years of school and training is $74K, whereas a psychiatrist with 12+ years of training can expect to make upwards of $230K.
A private practice psychologist salary generally falls in the middle of these two professions. Accepting insurance may also affect your income as it typically results in lower billable rates.
