Clinical and Counseling Psychologist Salary in Sheridan, WY: $129,222 (2026)
Quick Answer:A full-time clinical and counseling psychologist in Sheridan, WY earns a median $129,222/year (≈ $62.12/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 19-3033). Once you factor in Sheridan's price level (4% below national, BEA RPP 95.8), that paycheck buys what $134,887 would nationally. Nominal pay sits 4.5% below the Wyoming state average.
Based on BLS state-level estimates · View source
In Sheridan, Wyoming, the projected median annual salary for clinical and counseling psychologists in 2026 is $129,222, which reflects a significant earning potential when adjusted for the local cost of living. This figure is notably higher than the national median salary of $105,689, placing Sheridan's compensation about 22.27% above the national average. Salary ranges in the area are diverse, spanning from $74,949 at the 10th percentile to $200,294 at the 90th percentile. These local estimates, derived from 2025 BLS data and adjusted for regional cost factors, indicate a strong financial landscape for professionals in this field. With only five clinical and counseling psychologists currently employed in Sheridan, opportunities may be limited, yet the high-end salaries suggest a competitive market for qualified practitioners.
About the Sheridan Market
Salary estimated from Wyoming average ($122,540) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $74,949 | $36.03 |
| Lower Range (P25) | $94,896 | $45.63 |
| Median (P50)(typical) | $129,222 | $62.12 |
| Upper Range (P75) | $165,404 | $79.52 |
| Top Earners (P90) | $200,294 | $96.30 |
Median Salary Position
22.27% above the national average
2026 Salary Percentile Distribution in Sheridan
In Sheridan, WY, the clinical and counseling psychologist salary spread from the 10th to 90th percentile is $125,345 (2026 est.). At $129,222, the local median is 22.27% above the national median of $105,689.
Salary Calculator
At 40 hours/week in Sheridan: You'd be in the lower-middle range
How Sheridan Clinical and Counseling Psychologist Pay Compares
Sheridan median: $129,222/year (2026)
| Compared To | Median Salary | Sheridan Pays |
|---|---|---|
| Wyoming Average | $135,311 | -4.50% less |
| National Average | $105,689 | +22.27% more |
Clinical and Counseling Psychologists in Sheridan, WY earn a median of $129,222 per year (2026 est.), which is 22.27% higher than the national median of $105,689 and 4.50% below the Wyoming state average of $135,311.
Cost-of-Living Adjusted Salary
Sheridan has a cost of living 4.20% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Sheridan, WY has a cost-of-living index of 95.8 (below the national average of 100). A clinical and counseling psychologist earning $129,222 nominally has purchasing power equivalent to $134,887 in an average-cost city — an effective 4.38% boost.
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2021 BLS Actual
$100,882
2025 BLS Actual
$122,975
2026 Current Est.
$129,222
2021–2027 Growth
+34.6%
Salary Trajectory for Clinical and Counseling Psychologists in Sheridan (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 5.08% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $100,882 | Actual |
| 2022 | $110,198 | Actual |
| 2023 | $117,497 | Actual |
| 2024 | $112,084 | Actual |
| 2025 | $122,975 | Actual |
| 2026(current) | $129,222 | Estimated |
| 2027 | $135,787 | Projected |
Based on 5 years of BLS OEWS data for the Sheridan metropolitan area, the median clinical and counseling psychologist salary grew 21.9% from $100,882 (2021) to $122,975 (2025). At a 5.08% compound annual growth rate, salaries are projected to reach $135,787 by 2027 — a total increase of $34,905 (34.60%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Sheridan metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 5.08% CAGR derived from 5-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $74,949 – $94,896 |
| 3-5 years (Mid Career) | $94,896 – $129,222 |
| 5+ years (Experienced) | $129,222 – $165,404 |
| 10+ years (Top Earner) | $165,404 – $200,294 |
CCP salary ranges estimated from BLS percentile data. Individual clinical and counseling psychologist compensation varies by employer, certifications, and specialization.
Clinical and Counseling Psychologist Job Market in Sheridan
Turning to the local job landscape, the economic conditions in Sheridan with a cost-of-living index of 95.8 mean that salaries provide a more impactful take-home purchasing power compared to many other regions. While only a small number of psychologists are currently employed here, the potential for higher earnings exists primarily within private practices and larger healthcare organizations, which often offer better compensation packages. The variation in pay can be attributed to factors such as the type of employer, shifts, specialized credentials, and added benefits, which contribute to the disparity between lower and upper income brackets. Professionals looking to maximize their pay in this market should focus on enhancing their qualifications, possibly acquiring specialty certifications, and seeking positions with larger employers that tend to offer more comprehensive salary packages. Understanding the specific dynamics of the Sheridan market will be essential to navigating career advancement in this field.
More salary data for Sheridan, WY:
Frequently Asked Questions
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Written by Maria Gonzalez, PhD, LPC
Career Analyst
Maria has 10 years of experience in clinical psychology. She specializes in cognitive behavioral therapy. Maria works at a mental health clinic in Chicago.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $122,975 for clinical and counseling psychologistsin the Sheridan metropolitan area. A 5.08% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Sheridan is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 5.08%, derived from historical BLS wage trends for clinical and counseling psychologists (SOC 19-3033).
Compiled and verified by Maria Gonzalez, PhD, LPC, a licensed clinical and counseling psychologist with 10+ years of clinical experience. · View source data at BLS.gov