Salary of an Industrial Psychologist The salary of an Industrial Psychologist can vary depending on factors such as experience, education, location, and industry. On average, Industrial Psychologists earn a competitive salary. According to the U.S. Bureau of Labor Statistics, as of May 2020, the median annual wage for Industrial-Organizational Psychologists was $97,260. However, it is important to note that salaries can range from around $53,000 to over $200,000 per year, depending on various factors.