Psychologists – Industry Analysis, Statistics, Trends, and Forecasts
See the following sections listed below to view available resources by category:
For guides to other industries, see our index of over 400 industries.
Industry Analysis, Statistics, Trends, and Forecasts
Mental Health & Substance Abuse Clinics (view report)
- Market size and major product and service segments
- Key industry statistics, trends, and financial ratios
- Operating conditions and current performance
- Competitive landscape and environment
- Major company profiles and market shares
- Five-year outlook and growth forecasts
American Psychological Association
Resources available from this association include:
Center For Workforce Studies
https://www.apa.org/
Comprehensive resource library provides an in-depth look at the psychology profession, with topics covered
in CWS publications including participant demographics, education, employment characteristics, salaries,
career development, job satisfaction, and employment outlook. All information is available free online.
APA Member Profiles
https://www.apa.org/
Annual study provides a profile of member characteristics, with information provided including demographic
(e.g., gender, race, age, and region), education (e.g., highest degree earned, years since degree), major
field (e.g., health service, research, and other), and employment characteristics (employment and licensure
status, work setting, and work activities). Current and prior profiles can be downloaded and viewed online.
APA Services, Inc.
Business of Practice
https://www.apaservices.org/
"Business of Practice" section provides an extensive selection of practice management tools and resources for psychology practices, with topics addressed in this section including business management, practice development, financial management, electronic records, technology, HIPAA compliance, and legal and regulatory issues. Selected items can be viewed free online with the remainder available to members only.
U.S. Bureau of Labor Statistics
Occupational Outlook Handbook - Psychologists
https://www.bls.gov/psychologists
Information provided for professionals included in this occupational category (e.g., clinical, counseling, and school, industrial-organizational, and all other psychologists) includes a description of the nature of the work and the work environment, number and types of jobs, education and training requirements, wages and earnings, employment outlook, and sources for additional information. All information is available free online.
BizMiner Market Analysis Reports
Psychologists
https://www.bizminer.com Search for "621330" to see available reports
Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.
Financial Statements and Financial Ratios
BizMiner Industry Financial Ratios
Psychologists
https://www.bizminer.com Search for "621330" to see available reports
- Income and expenses in dollars and percentages
- Balance sheets in dollars and percentages
- Profitability and return on investment ratios
- Liquidity and working capital ratios
- Asset turnover and efficiency ratios
- Capital structure and debt service ratios
IBISWorld Research Reports
Industry Financial Ratios
(see links for individual reports)
Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and an array of industry financial ratios, with the financial ratio data presented on an annual basis for the four most recent years for which data is available and on a historical average basis over three-year, five-year, and ten-year time periods. Sample report can be viewed free online.
RMA Annual Statement Studies
Mental Health Practitioners (except Physicians)
https://www.rmahq.org/
Annual financial statement analysis includes common-size income statements and balance sheets and key financial ratios for mental health professionals included in this health care sector (e.g., psychologists, psychoanalysts, psychotherapists, and social workers). Report includes five years of historical data with the most recent year's data broken out by sales and assets size range. Sample report can be viewed online.
Compensation and Salary Surveys
Society for Industrial and Organizational Psychology
SIOP Income Survey
http://www.siop.org/surveys
Triennial survey provides current and historical income data for industrial and organizational psychologists by age, gender, highest degree attained, years of work experience, employment setting, job title, certifications, ownership status, and geographic location. Current and prior surveys can be downloaded and viewed online.
American Psychological Association
Center For Workforce Studies - Salaries in Psychology
https://www.apa.org/
Comprehensive salary survey provides compensation data for full-time psychologists who are employed, self-employed, or operate an independent practice, with survey data reported by highest degree attained, job position, employment setting, median years in practice, gender, race and ethnicity, and geographic region. Complete survey report including figures, tables, references, and appendices can be viewed free online.
U.S. Bureau of Labor Statistics
Occupational Employment and Wages - Mental Health Practitioners
https://www.bls.gov/oes/current/naics5_621330.htm
Annual occupational employment and wages survey provides hourly and annual wage data for psychologists included in this occupational category (e.g., clinical, counseling, and school, industrial-organizational, and all other psychologists) on a national, state, and metropolitan area basis, with statistical measures for national data including mean, median, and upper/lower quartiles and deciles. All information is available free online.
BV Guides and Databases
Colleges, Universities, and Professional Schools
Physicians and Medical Practices
Hospitals and Health Systems
Nursing Homes and Assisted Living Facilities
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