According to the Bureau of Labor Statistics, the 2020 median pay for psychologists was $82,180 per year. Keep in mind that this median salary is for those who attended a masters or doctoral program in psychology. How much you make on a bachelor’s in psychology salary will depend on the job you take. The 2020 median pay for social workers, for example, was $51,760 per year. With a psychology degree, you may be able to grow a career in business, marketing or community relations. How far you advance your career with your bachelor’s may influence your salary.