How Much Do Therapists Earn in Private Practice in 2024?

In 2024, are you questioning how much therapists can make in private practice? Join me in exploring the average salaries, financial goals, and key considerations for therapists aiming to earn over $100,000 a year. Subscribe for expert advice on navigating the path to financial success as a therapist!
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Timestamps:
- 00:00 - Introduction
- 00:21 - Private Practice Pro
- 01:10- Living on California on 40k as a pre-licensed therapist
- 01:41- What is the average salary for therapists in the United States?
- 2:24- How much do counselors earn in private practice?
- 2:44- Calculating overhead, business expenses and more to earn six figures as a psychotherapist in private practice.
- 3:27 - Using math to calculate net income for six figures
- 3:50 - Determining your net income goal for private practice.
- 4:54 - How to earn $100,000 per year in private practice
- 5:58 - Determine your business expenses.
- 7:46 - Calculating your ideal therapy fee
- 8:23 - Raising or lowering your fee to achieve your private practice income goals
Welcome to Private Practice Pro. My name is Kelley Stevens, and I’m an LMFT in private practice in Southern California.I create videos with step-by-step guides on how to open a private therapy practice. Regardless of whether you are a Ph.D., PsyD, psychologist, LMFTs, LPCCs, LSCWs, social worker, counselor, or psychotherapist, I hope you find value here on this channel.
Website: www.theprivatepracticepro.com
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[@SashaMcPhersonLMFTPMH-C-kn1og]

This breakdown is so helpful!

[@ThePrivatePracticePro]

I’m so glad this help! Navigating private practice earning can be tricky!

[@AlexandraSteric]

This is so helpful! Thank you for this!

[@ThePrivatePracticePro]

You're so welcome!

[@alliswell8164]

How much it will cost for international students for MS psychology and how many years?

[@comalco666]

Very informative video. Any marketing tips for therapists?

[@ThePrivatePracticePro]

Yes!!!!!! The biggest tip I have is to NICHE down and really speak to your ideal client!

[@alliswell8164]

How much it will cost for international students for MS psychology and how many years?

[@ThePrivatePracticePro]

This is a great question. Unfortunately I don't know the answer.