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Psychology Degree in Lexington, KY — Salary & ROI 2026

Psychology degree analysis for Lexington, KY. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$47K

COL-adjusted

Mid-Career

$70K

COL-adjusted

ROI Payback

9.6 yrs

in Lexington

Cost of Living

107

index (100 = avg)

Psychology in Lexington, KY Overview

Lexington, Kentucky (pop. 322,570) has 14 colleges offering Psychology programs. The local cost of living index of 107 is near the national average, with average rent near campus at $1,265/month. Psychology enrollment is stable nationwide, with steady demand for graduates skilled in Research Methods and Statistics. The adjusted starting salary in Lexington is approximately $47,080.

Category

Social Sciences

Local Colleges

14

Public Tuition

$12,360/yr

Private Tuition

$42,200/yr

Room & Board

$10,700/yr

Avg Fin. Aid

$8,397/yr

Unemployment

6.4%

Graduation Rate

65%

Psychology Salary in Lexington (COL-Adjusted)

Salaries adjusted for Lexington's cost of living index of 107 (national average = 100).

Entry Level (0-2 yrs)
$47,080(+$3,080 vs national)
Mid Career (5-9 yrs)
$69,550(+$4,550 vs national)
Senior Level (15+ yrs)
$87,740(+$5,740 vs national)

Note: National average Psychology salary: $44,000 starting, $65,000 mid-career, $82,000 senior level.Lexington adjustment factor: 1.07x based on the local cost of living index.

Psychology ROI Calculator for Lexington

Estimate your return on investment for a Psychology degree using local Lexington tuition and cost of living data.

Public avg: $12,360 | Private avg: $42,200

Lexington avg aid: $8,397/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$92,240

tuition + room & board - aid

Annual Earnings Premium

$9,630

vs HS diploma in Lexington

ROI Payback Period

9.6 years

to break even

Lifetime Return in Lexington

$250,160

Lifetime earnings premium ($342,400) minus total education cost ($92,240)

Student Loan Payoff for Psychology in Lexington

Standard Plan (10 years)

Loan Amount$92,240
Monthly Payment$1,047
Total Interest$33,444
% of Monthly Income27%

Aggressive Plan (5 years)

Loan Amount$92,240
Monthly Payment$1,805
Total Interest$16,047
Interest Savings$17,397

Colleges in Lexington for Psychology

University of Kentucky

public

$12,360/yr

$49,440 total

Transylvania University

private

$42,200/yr

$168,800 total

Community Colleges (2-Year Transfer)

Bluegrass Community and Technical College

$4,680/yr

Top Employers for Psychology in Lexington

Lexington offers opportunities in Government agencies, Non-profits, Research institutes for Psychology graduates. National top employers in this field include:

HospitalsSchoolsGovernmentPrivate PracticeNon-Profits

Key Lexington Hiring Sectors for Social Sciences

Government agencies

Non-profits

Research institutes

Social services

Consulting

Common Psychology Job Titles

PsychologistCounselorResearch AssociateHR Specialist

Psychology Degree in Lexington — 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 Lexington.

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