The annual salary statistics of other psychologists in Lexington-Fayette, Kentucky is shown in Table 1. The wage statistics of other psychologists in Lexington-Fayette is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $66,210 |
| 25th Percentile Wage | $94,370 |
| 50th Percentile Wage | $106,950 |
| 75th Percentile Wage | $114,730 |
| 90th Percentile Wage | $122,680 |
Table 1 shows the average annual salary for other psychologists in Lexington-Fayette, Kentucky in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $122,680. The median (50th percentile) annual salary is $106,950. The average annual salary for the bottom 10 percent earners is $66,210.
The table and chart below show the trend of the median salary of other psychologists from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $106,950 | 9.00% | 22.71% |
| 2020 | $97,320 | 1.38% | - |
| 2019 | $95,980 | -0.01% | - |
| 2018 | $95,990 | 1.67% | - |
| 2017 | $94,390 | 12.43% | - |
| 2014 | $82,660 | 1.02% | - |
| 2013 | $81,820 | -1.03% | - |
| 2012 | $82,660 | - | - |
From Table 3 we note that with a median annual salary of $106,950, Lexington-Fayette is the second highest paying city for other psychologists in state of Kentucky, following the highest paying city Louisville-Jefferson County (median annual salary of $114,400). Compared with Louisville-Jefferson County, the median annual salary of other psychologists in Lexington-Fayette is 6.5 percent (6.5%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Louisville-Jefferson County | |
| Lexington-Fayette |