10 Types Of Therapists That Make The Most Money (2022)

Therapy takes a variety of forms, both physical and mental and is an industry that has skyrocketed in recent years, as people have begun to value their health more highly. Many forms of therapy can be rewarding for both therapists and clients, and the industry is additionally quite lucrative. Therapies that attempt to repair and mend the body include types such as: physical, yoga and massage. These types attempt to target injured or stressed areas, and rejuvenate them through a variety of techniques. There are also several forms of therapy that target the mind rather than the body, including therapy centered on sports, marriage and psychoanalytic perspectives. Whether therapy is targeting the mind or the body, it tends to be a prolonged process, not a quick fix. While several types of therapy may be part of booming businesses, some types of therapy are inherently more profitable than others, whether it’s because they fulfill a niche market or because they cater to wealthier clients. The following list of ten different types of therapy include some of the most lucrative therapist careers to pursue.

10 Yoga

10 Types Of Therapists That Make The Most Money (1)

Yoga studios seem to be cropping up on every street corner, as more and more celebrities sing its praises. Yoga can be restorative and preventative, and assist people with both physical injuries and mental stress. There are many types of yoga for a range of mental and physical stresses. While yoga can be extremely accessible price-wise – it’s possible to practice in your home or at cheap classes at the gym – it’s also a notoriously expensive activity, that makes it a lucrative form of therapy. In addition to the $27 billion that has been spent on yoga gear, it’s common for high-end yoga studios to charge hundreds of dollars per month. Many find the peace of mind and body well worth the exorbitant prices.

9 Acupuncture

10 Types Of Therapists That Make The Most Money (2)

Like yoga, acupuncture is a form of alternative medicine that has been endorsed by Hollywood celebrities for years, which helps explain some of its popularity. Acupuncture is an ancient Chinese form of medicine that aims to correct perceived imbalances of life energy, through a holistic process. Extremely fine needles are inserted into the skin at key-points, to achieve unison of the body’s energies. Although acupuncture is homeopathic, insurance programs often cover the process, which helps to offset its high cost – acupuncture tends to range from $60 - $120 per session. However, it can be much more expensive depending on the practitioner, making acupuncture a type of therapy that rakes in the dough.

8 Psychotherapy

10 Types Of Therapists That Make The Most Money (3)
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Psychotherapy covers an incredibly wide range of mental issues, from the minor to the severe: psychotherapy is helpful for mental health issues like depression, anxiety and bipolar disorder. Psychotherapy requires extensive medical training and can be practiced by several different medical professionals, including psychiatrists, psychologists and social workers. While psychotherapy can be covered by insurance, it can also cost several hundreds of dollars per hour – some of the top practitioners have rates similar to lawyers. In addition to being one of the most social and rewarding types of therapy to practice, psychotherapy can also be one of the best types for a therapist’s wallet – with 27% of American adults investing in psychotherapy, there’s no shortage of clients or cash flow.

7 Mesotherapy

Mesotherapy is another type of alternative medicine. It attempts to melt away fat by injecting medicine, including homeopathic treatments, vitamins and minerals, into subcutaneous fat just under the skin. Because cellulite is notoriously difficult to eliminate, mesotherapy often targets it. One of the most preeminent doctors in the field is Dr. Lionel Bissoon, who brought mesotherapy to the United States in the 1990s, and has pioneered new treatments. Dr. Bissoon has also been featured on the Rachel Ray Show. Originally popular in France, mesotherapy is now gaining traction in the U.S. and has the potential to be an extremely lucrative type of therapy, since treatments tend to be expensive.

6 Nutritionist

10 Types Of Therapists That Make The Most Money (5)

Nutritionists aim to assist people who have difficulty making good choices regarding health and diet. Nutritionists can analyze certain aspects of a person’s life and help them discover what is inhibiting them from leading a healthier lifestyle. Individual focus is key, for each person will have different reasons and personal difficulties that they are facing. Because the term “nutritionist” is not legally protected in many countries, the career can have a high payoff with little formal training. The opportunity for zero debt and ability to casually charge $150 per hour make this type of therapy a very profitable avenue to pursue.

5 Physical therapy

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Physical therapy can treat a variety of bodily aches and pains, generally focused on improving mobility and functionality. Like psychotherapy, physical therapy requires extensive medical training. However, the years of training and expensive school fees can have a big pay off. Physical therapists are one of the most highly paid types of therapists, and additionally, often have careers at hospitals that provide extensive benefits. If you’re paying out-of-pocket for a physical therapist, you can expect to pay up to $200 per session. This kind of hourly rate, plus enviable benefits, earn physical therapy the fourth slot on this list.

4 Sex therapy

Sex therapy is a specific type of psychotherapy that aims to deal with all sorts of sexual dysfunctions. Whether you find yourself unable to orgasm, have difficulty maintaining an erection, having a low libido, or are just hoping to learn to fully enjoy your sex life, then sex therapy is for you. Many people find themselves embarrassed when it comes to seeking sex therapy, but acting as a practitioner is definitely a smart financial move. Depending on location and ability, the cost of sex therapy can range up to over $200 per session – as an added bonus, you get paid to talk about sex all day.

3 Massage therapy

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Unlike physical therapy, massage therapy generally only takes about a year of full-time schooling. However, it can be a financially prosperous opportunity, considering the relatively low commitment. Especially in decadent tourist areas like Las Vegas, where poolside massages are a must, massage therapy can be a stimulating and well-paid career path. For example, an in-room massage at the MGM Grand in Las Vegas costs a whopping $375 for a 100-minute session. If you’re a massage therapist who’s working independently, you can be pocketing a lot of cash, while bringing health and happiness through touch, to people every day.

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2 Equine-assisted therapy

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Because equine-assisted therapy is such a niche market, the cost of this type of therapy can be very high, making it an extremely lucrative position. The premise of equine-assisted therapy is that horseback riding mimics human walking and utilizes specific muscle groups that can assist the body in healing. It is often targeted towards people with disabilities and, in addition to the focus on physical improvement, prizes the relationship between horse and human. Having a companion to care for can be a very therapeutic and relaxing experience. Facilitators of equine-assisted therapy are often highly paid, due to the unique service that they offer.

1 Sports psychology

10 Types Of Therapists That Make The Most Money (10)

Sports psychology is a burgeoning field and is essentially, like sex therapy, a specialized type of psychotherapy. Sports psychology focuses specifically on how to win certain sports, often through maintenance of optimism, self-confidence and self-esteem – even the greats like Tiger Woods have claimed that sports psychology has helped get their game back on track. This type of therapy has earned the top spot on this list, largely because it appeals to the big names in sport: a wealthy client pool equals a wealthy practitioner. Plus, hotshots in sports often insist that their sports psychologist travel with them to various sporting events – hello, celebrity best friend and paid vacation.

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10 Types Of Therapists That Make The Most Money (12)

Lacey Burns (29 Articles Published)

Lacey is currently working on a Master's in literature at the University of St. Andrews in between dancing, playing guitar, and practicing martial arts. She's an avid reader and hopes to travel the world.

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FAQs

What type of therapist gets paid the most? ›

Psychiatrist positions are by far the highest-paying jobs for psychology majors. The average salary is $217,798, according to PayScale. A psychiatrist should be licensed as a board-certified psychologist.

Where do therapists make the most money? ›

New Jersey comes in first on our "Best States for Psychologists" list. The state ranks highest on average salary at $139,110.

Who is the most successful therapist? ›

1. Albert Bandura. The most cited counseling psychologist alive is Albert Bandura, a David Starr Jordan Professor Emeritus of Social Science in Psychology at Stanford University.

How can a therapist make 6 figures? ›

How do you scale to multiple 6 figures in private practice?
  1. Charge more.
  2. See more clients.
  3. Work more weeks per year.
  4. Reduce your expenses as much as possible.
  5. Offer higher-end services - retreats, intensives, group work that have a higher price point and help more people in a shorter amount of time.
11 Jan 2016

What is the best field in psychology? ›

Top 10 Highest Paying Jobs in Psychology in India [2022]
  • Neuropsychologist.
  • School Counselor/Psychologist.
  • Clinical Psychologist.
  • Forensic Psychologist.
  • Counselling Psychologist.
  • Sports Psychologist.
  • Education Psychologist.
  • Child Psychologist.
26 Jul 2022

Is being a therapist worth it? ›

A career in therapy can be an incredibly rewarding job for someone who likes to interact with and help people. Time spent helping people to lead more productive, functional and happier lives can be deeply satisfying.

Can therapists make a lot of money? ›

How Much Do Therapists Make A Year? According to the Bureau of Labor Statistics psychologists can expect to make a median annual salary of $79,010 a year. The lower 10% of this same demographic can make around $43,800 a year, and the highest 10% can make as much as $129,250 a year.

Which is better psychiatrist or psychologist? ›

If someone you care about is undergoing lots of stress and shows signs of anxiety and depression, it is best to consult a psychologist. Psychologists will take them through mental therapy sessions to ease their troubled mind. Psychiatrists are best consulted when a person is undergoing severe cases of mental illness.

Who is the most important person in psychology? ›

Here are the 10 most important people in the history of psychology.
  • Wilhelm Wundt (1832-1920)
  • Sigmund Freud (1856-1939)
  • Mary Whiton Calkins (1863-1930)
  • Kurt Lewin (1890-1947)
  • Jean Piaget (1896-1980)
  • Carl Rogers (1902-1987)
  • Erik Erikson (1902-1994)
  • B.F. Skinner (1904-1990)
6 Feb 2022

How many patients does a therapist see per day? ›

The average number of clients per therapist varies. Seeing more than six psychotherapy clients a day (in my mind) is a recipe for therapist burnout.

How many therapy clients is full time? ›

Some therapists who consider themselves full-time see less than 20 clients per week. This could be considered the average caseload for mental health therapists, but each therapist's number of clients is going to be different. It's important to consider when you want to work.

Can you make a living as a therapist? ›

In short, when we look at actual master-level psychotherapists' annual salaries, the most frequently reported salary is around $50,000 to $52,000 per year. Very few earn above $100,000 per year. In comparison, psychologists see higher wages with a much higher upside potential than the other mental health disciplines.

How can I make a lot of money in psychology? ›

Here are some of the best ways psychologists can earn more money to advance toward their financial goals.
  1. Teaching psychology or related courses. ...
  2. Telehealth/telemedicine. ...
  3. Professional writing. ...
  4. Develop and run retreats and workshops. ...
  5. Public speaking. ...
  6. Be a consultant or coach. ...
  7. Be an expert witness. ...
  8. Be a mobile notary.
1 Nov 2021

How many years does it take to study psychology? ›

To become a clinical psychologist, you will need an undergraduate degree (four to five years of college) plus a doctorate degree (four to seven years of graduate school). For this specialty area, most people will spend between eight to 12 years in higher education.

Is psychology easy to study? ›

Psychology is one of the more difficult degrees and many of your assignments will require you to cite your sources and will require you to back up a lot of the arguments that you have.

What is the hardest part about being a therapist? ›

The toughest part of being a therapist is that you constantly run up against your limitations. One major challenge of being a psychotherapist is to pay attention to our own functioning, monitor our effectiveness, and to practice ongoing self-care… Just like our clients we must deal with life's challenges and stresses.

Do therapists cry in therapy? ›

Research asking patients what they think about their therapists' tears is scant. In a 2015 study in Psychotherapy, researchers Ashley Tritt, MD, Jonathan Kelly, and Glenn Waller, PhD, surveyed 188 patients with eating disorders and found that about 57 percent had experienced their therapists crying.

Can Lcsw make 6 figures? ›

Social workers have the potential to make nearly six figures in some segments of the career field. But they also have the potential for building up six figures of student loan debt.

How much do therapists cost? ›

A psychotherapy will cost an individual in the United States on average approximately $3,000. The cost of a session is between $100 and $200 (depending on the state) according to a 2019 report by SimplePractice, which manages mental health practice data. You can be a simple practice by practicing it.

What is a psychologist salary per month? ›

While ZipRecruiter is seeing monthly salaries as high as $18,250 and as low as $4,042, the majority of Psychologist salaries currently range between $6,833 (25th percentile) to $10,833 (75th percentile) across the United States.

Is it harder to become a psychiatrist or psychologist? ›

Licensing Requirements for Psychologists vs Psychiatrists

Both professions are heavily regulated and require state licensing to practice. A psychiatrist has the tougher path to follow to licensure. On top of an extensive education, they have to pass the formidable three-part U.S. Medical Licensing Exam (USMLE).

Can psychologist be called a doctor? ›

Clinical Psychologist are professionals with an MPhil in Clinical Psychology (wherein they have had an intensive experience of seeing clients under supervision and training). They or those with a Master's in psychology cannot carry the title of a "Dr" unless they have a qualification of a Doctorate.

What is a mental doctor called? ›

A psychiatrist is a medical doctor (an M.D. or D.O.) who specializes in mental health, including substance use disorders. Psychiatrists are qualified to assess both the mental and physical aspects of psychological problems. People seek psychiatric help for many reasons.

Who is father of psychology? ›

Wilhelm Wundt is the man most commonly identified as the father of psychology.

Which country has the best psychology studies? ›

1. Austria. Home to the father of psychoanalysis, Sigmund Freud, Austria has long been at the forefront of psychology. Study abroad programs focused on psychology are available all over the country, offering courses in social psychology, counseling, and research methodologies, among others.

What should I post as a therapist? ›

11 Original Content Ideas for Sharing on Therapist Social Media Marketing
  • Combine Photos of Your Office with Inspirational Quotations. ...
  • Write a Blog Post About How You Personally Connect with Your Ideal Client. ...
  • Interview Another Clinician About Your Ideal Clients on Audio or Video.

Do therapists need social media? ›

Social media is a valuable marketing channel that can communicate those benefits to potential clients, as well as engage current and former clients. While smart therapist entrepreneurs take advantage of every effective marketing opportunity, boundaries on social media are especially prudent for therapists.

Can a therapist be an influencer? ›

Therapists don't necessarily have to be good at therapy to become influencers — but they do need to be excellent at viral marketing. BuzzFeed News spoke with six licensed therapists about their online presence and the dangers of relying on social media posts for mental health care.

Who are the four fathers of psychology? ›

Generally, Alfred Adler, Sigmund Freud, Carl Jung, and B.F. Skinner are included on lists of those who most paved the way for modern psychologists.

Who was the first person to study psychology? ›

Wilhelm Wundt (1832–1920) was a German scientist who was the first person to be referred to as a psychologist. His famous book entitled Principles of Physiological Psychology was published in 1873.

Is psychology a good career? ›

With a psychology degree, you're well placed to pursue careers in both arts and scientific fields, depending on your personal interests. There are many options within public and private healthcare, education, mental health support, social work, therapy and counseling.

What are the highest paying jobs in mental health? ›

Learn more about some of the highest-paying psychology careers, the typical salaries for such professions, and the educational requirements for entering these fields.
  • Neuropsychologist. ...
  • Clinical Psychologist. ...
  • Engineering Psychologist. ...
  • Counseling Psychologist. ...
  • Forensic Psychologist. ...
  • School Psychologist. ...
  • Sports Psychologist.
6 Sept 2022

What are 5 types of professional therapists? ›

5 Types of Therapists
  • Clinical Therapist. Clinical therapists work with patients who have severe mental disorders. ...
  • Drug and Alcohol Therapist. ...
  • Marriage Therapist. ...
  • Family Therapist. ...
  • Pastoral Therapist. ...
  • Salary Potential and Education Required.

Who makes more money therapist or psychologist? ›

Average Annual Salary of Psychiatrists vs.

On average, psychiatrists make a little over twice as much annually as psychologists.

What are the different levels of therapists? ›

  • Clinical and Counseling Psychologist.
  • Licensed Social Worker.
  • Marriage and Family Therapist.
  • Licensed Professional Counselor.
  • Licensed School Psychologist.
  • Creative Arts Therapist.
  • Advanced Practice Psychiatric Nurse.
25 Apr 2022

Is being a therapist worth it? ›

A career in therapy can be an incredibly rewarding job for someone who likes to interact with and help people. Time spent helping people to lead more productive, functional and happier lives can be deeply satisfying.

How can I make a lot of money in psychology? ›

Here are some of the best ways psychologists can earn more money to advance toward their financial goals.
  1. Teaching psychology or related courses. ...
  2. Telehealth/telemedicine. ...
  3. Professional writing. ...
  4. Develop and run retreats and workshops. ...
  5. Public speaking. ...
  6. Be a consultant or coach. ...
  7. Be an expert witness. ...
  8. Be a mobile notary.
1 Nov 2021

Which is better psychiatrist or psychologist? ›

If someone you care about is undergoing lots of stress and shows signs of anxiety and depression, it is best to consult a psychologist. Psychologists will take them through mental therapy sessions to ease their troubled mind. Psychiatrists are best consulted when a person is undergoing severe cases of mental illness.

What are the 4 kinds of the therapist? ›

The most common types of licensed therapists are:
  • Licensed professional counselors (LPCs)
  • Licensed mental health counselors (LMHCs)
  • Licensed marriage and family therapists (LMFTs)
  • Licensed clinical social workers (LCSWs)
  • Psychologists (PhDs or PsyDs)
  • Psychiatrists (MDs or DOs)

What degree do therapists need? ›

In general, you will likely need at least a bachelor's degree to become a therapist; however, the majority of licensed therapists need to have master's degrees in addition to bachelor's degrees. Some therapists have advanced degrees, such as a PhD, PsyD, or MD.

Can therapists make a lot of money? ›

How Much Do Therapists Make A Year? According to the Bureau of Labor Statistics psychologists can expect to make a median annual salary of $79,010 a year. The lower 10% of this same demographic can make around $43,800 a year, and the highest 10% can make as much as $129,250 a year.

Is it harder to become a psychiatrist or psychologist? ›

Licensing Requirements for Psychologists vs Psychiatrists

Both professions are heavily regulated and require state licensing to practice. A psychiatrist has the tougher path to follow to licensure. On top of an extensive education, they have to pass the formidable three-part U.S. Medical Licensing Exam (USMLE).

What are the 3 types of counseling? ›

The three major categories of developmental counseling are: Event counseling. Performance counseling. Professional growth counseling.

What kind of counseling can I do without a license? ›

There are roles in which you can apply a counseling or therapy degree without a license, however to work independently, a license will be necessary.
...
Roles that don't require these credentials may include:
  • Career counselor.
  • Case management aid.
  • Community service manager.
  • Correctional treatment specialist.

What type of therapist has a PhD? ›

PhD – A doctorate of philosophy in psychology, with an emphasis in research. A therapist with a PhD in psychology is called a psychologist. They are trained as both scientists and clinicians. Psychologists can test for and diagnosis most mental health disorders.

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