Psychology Degree in Baltimore, MD — Salary & ROI 2026
Psychology degree analysis for Baltimore, MD. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$57K
COL-adjusted
Mid-Career
$85K
COL-adjusted
ROI Payback
11.6 yrs
in Baltimore
Cost of Living
130
index (100 = avg)
Psychology in Baltimore, MD Overview
Baltimore is one of Maryland's top college towns, with 22 institutions and a student population of 30,415. Public tuition averages $12,096/year here — near the national average for public universities. Psychology enrollment is stable nationwide, with steady demand for graduates skilled in Research Methods and Statistics. The adjusted starting salary in Baltimore is approximately $57,200.
Category
Social Sciences
Local Colleges
22
Public Tuition
$12,096/yr
Private Tuition
$56,325/yr
Room & Board
$21,745/yr
Avg Fin. Aid
$8,793/yr
Unemployment
6.3%
Graduation Rate
58%
Psychology Salary in Baltimore (COL-Adjusted)
Salaries adjusted for Baltimore's cost of living index of 130 (national average = 100).
Note: National average Psychology salary: $44,000 starting, $65,000 mid-career, $82,000 senior level.Baltimore adjustment factor: 1.30x based on the local cost of living index.
Psychology ROI Calculator for Baltimore
Estimate your return on investment for a Psychology degree using local Baltimore tuition and cost of living data.
Public avg: $12,096 | Private avg: $56,325
Baltimore avg aid: $8,793/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$135,364
tuition + room & board - aid
Annual Earnings Premium
$11,700
vs HS diploma in Baltimore
ROI Payback Period
11.6 years
to break even
Lifetime Return in Baltimore
$280,636
Lifetime earnings premium ($416,000) minus total education cost ($135,364)
Student Loan Payoff for Psychology in Baltimore
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Baltimore for Psychology
Johns Hopkins University
private
$60,480/yr
$241,920 total
University of Maryland, Baltimore County
public
$12,096/yr
$48,384 total
Loyola University Maryland
private
$52,170/yr
$208,680 total
Community Colleges (2-Year Transfer)
Baltimore City Community College
$3,768/yr
Top Employers for Psychology in Baltimore
Baltimore offers opportunities in Government agencies, Non-profits, Research institutes for Psychology graduates. National top employers in this field include:
Key Baltimore Hiring Sectors for Social Sciences
Government agencies
Non-profits
Research institutes
Social services
Consulting
Common Psychology Job Titles
Psychology in Nearby Maryland Cities
Columbia, MD
$56K starting · COL 127.2
4 colleges
Silver Spring, MD
$54K starting · COL 122.5
4 colleges
Frederick, MD
$50K starting · COL 112.5
4 colleges
Waldorf, MD
$53K starting · COL 120.7
4 colleges
Ellicott City, MD
$50K starting · COL 114.2
3 colleges
Glen Burnie, MD
$48K starting · COL 108.8
3 colleges
Rockville, MD
$57K starting · COL 128.5
3 colleges
Bethesda, MD
$51K starting · COL 116.7
3 colleges
Other Social Sciences Majors in Baltimore
International Relations
$65K starting · 5 yr ROI
Political Science
$62K starting · 5.5 yr ROI
Urban Planning
$65K starting · 5 yr ROI
Geography
$65K starting · 5.5 yr ROI
Forensic Science
$65K starting · 4.8 yr ROI
Sustainability Studies
$65K starting · 5.8 yr ROI
Criminal Justice
$65K starting · 5 yr ROI
Sociology
$57K starting · 6.5 yr ROI
Psychology Degree in Baltimore — FAQ
Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.
Explore More
Compare Psychology ROI in other cities, or explore other majors in Baltimore.