Are you thinking about pursuing a career in behavioral therapy? Or perhaps you’re interested in knowing how much you can make in this field? If so, we have answers that could help.
Many tend to assume a healthcare career gives you all the best benefits. But it actually varies more than you think. So, how much can you earn as a behavioral therapist?
Here’s a look at typical behavioral therapist salary rates and what affects the rate.
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A Quick Look at the Average Behavioral Therapist Salary Rate
A behavioral therapist is one of the professional careers that focus on making a difference in people’s lives. It involves helping people who go through intellectual challenges and other mental health conditions.
According to the U.S. Bureau of Labor Statistics, the median annual wage for behavioral therapists in 2022 goes up to $56,230. With more experience and better credentials, this can increase up to about a hundred thousand and more.
As healthcare professionals, they usually earn high-paying salaries. Even so, the rate can vary based on your current credentials and the exact services you offer.
Factors That Affect Behavioral Therapist Salary
Becoming a licensed therapist takes a lot of work and can affect how much you earn. So, it’s best to take your time to understand how it works. This way, you can set your expectations accordingly.
It usually includes the following:
Education and Training
With a healthcare career, you can make more money the more education you have. In most cases, those with advanced degrees, like a Master’s or Doctorate, can earn more than those with a Bachelor’s degree alone.
Another point it considers is what type of license you have. Moreover, you can boost your earning potential if you have specialized training or a certification for a specific therapy method.
Your experience showcases how well you understand that psychotherapy matters to your clients. It ensures you have more skills and can handle complex cases with ease. So, people will likely be willing to pay more.
Geographical Location
Your location can also play a role in your salary. Therapists in urban areas generally earn more than those in rural areas. It’s mainly because the cost of living and demand for their services is higher.
Employment Sector
Therapists who work in for-profit organizations often earn more than those working in nonprofits or public institutions. The reason may be due to the difference in funding and revenue streams.
You can also earn more as a private practice, but it requires strong self-discipline in allocating resources.
Specialization
Behavioral therapists who specialize in a specific area may earn more than those in general services. For example, working with children or addressing certain mental health disorders.
It’s also possible to have multiple specializations. So, you can be a family therapist while focusing on personal disorders.
Set Expectations by Understanding Behavioral Therapist Salary Rates
Understanding how behavioral therapist salary rates change can help you set the right expectations when you pursue the career. Moreover, it lets you know how you can boost your practice. This way, you can improve your skills and increase your earning potential.
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