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School Psychologist Salary in Summit, NJ

How much does a school psychologist make in Summit? Explore median, entry-level, and senior salaries adjusted for Summit's cost of living.

Median Salary
$153,553
per year in Summit
Entry Level
$93,938
Starting salary
Senior Level
$213,168
Experienced professionals
Cost of Living
148
48% above national avg

Salary Breakdown by Experience Level

See how school psychologist salaries break down across different pay periods in Summit.

PeriodEntry LevelMedianSenior
Annual$93,938$153,553$213,168
Monthly$7,828$12,796$17,764
Biweekly$3,613$5,906$8,199
Weekly$1,807$2,953$4,099
Hourly$45$74$102

Summit vs National Average

How Summit's school psychologist salaries compare to national figures.

Summit Salary
$153,553
COL Index: 148
National Average
$86,460
COL Index: 100
Difference
+$67,093
Higher in Summit

Cost of Living in Summit

1-Bedroom Rent
$2,100
per month
Median Income
$162,234
per year
Population
22,840
residents
Rent % of Income
15.5%
median household
Cost of Living Index: 148 — A score of 100 represents the U.S. average. Salaries in Summit have been adjusted to account for local cost differences.

About School Psychologist

Overview

Provide psychological assessment and intervention services to students.

Education

Master's degree or specialist degree in School Psychology

Key Skills

Psychological AssessmentCounselingData AnalysisSpecial Needs Support

Growth Rate

Expected job growth: +15% over the next decade

Compare Cities: School Psychologist Salary

See School Psychologist salaries in other top cities.

New York, NY
$101,790
-34%
Los Angeles, CA
$108,130
-30%
Chicago, IL
$80,600
-48%
Houston, TX
$78,740
-49%
Phoenix, AZ
$82,960
-46%

Financial Tools to Explore

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School Psychologist Salary in Summit, NJ — Complete Guide

Median Salary Overview

The median salary for a school psychologist in Summit, NJ is $153,553 per year, adjusted for the local cost of living index of 148. This figure reflects typical earnings for experienced professionals in this role, considering Summit's unique economic conditions.

Salary Range and Experience Levels

Entry-level school psychologist professionals in Summit can expect to earn around $93,938 annually. As professionals gain experience, salaries typically increase, with senior-level school psychologists earning approximately $213,168 per year. This represents a 127% increase from entry to senior level.

Cost of Living Adjustment

Summit's cost of living index of 148 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Summit are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $86,460, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a school psychologist's salary in Summit typically goes toward housing. With a 1-bedroom apartment averaging $2,100 per month, housing represents about 16.4% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

School Psychologists are in growing demand across the United States, with an expected job growth of 15% over the next decade. In Summit, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Data source: Salary estimates on this page are based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program, adjusted for regional cost of living differences. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.