Average Salary with a Master of Theology
A degree in theology prepares you to work in a number of faith-based careers. Most commonly, people who earn a master of theology work as members of the clergy at churches or other houses of worship, but you could also serve as a missionary, faith educator, counselor, chaplain, or even administrator at a faith-based organization. Although most people pursue an education in this filed because they hear a higher calling to serve their community, as an added bonus, earning a master of theology means that you’ll qualify for better jobs that come attached to higher salaries. Let’s look at just what you can expect to make if you go back to school to earn your master’s degree in this field.
Salary by Position
The type of position you take upon graduation makes a big difference when it comes to the salary you can expect. According to Payscale.com, ministers make from around $35,000 up to about $62,000. You can make more as a head minister (up to about $65,000) or a senior pastor (up to about $68,000) if you have your master’s degree. Other positions you could consider include:
- Associate Pastor: $41,208 – $57,321
- Chaplain: $40,235 – $56,180
- Youth Pastor: $24,284 – $40,713
In addition, with a master of theology, you may also have the chance to work as a missionary overseas. Missionaries often do not get paid in a traditional sense, but many get a stipend for living expenses, as well as free housing and food. The bonus here is that you are not only getting to spread your faith, but you’re also able to work in different countries and experience interesting cultures from around the world.
Salary by Location
Where you work can make a huge difference in the salary you’re offered if you have you master of theology. For example, looking just at members of the clergy, the Bureau of Labor Statistics reports that you can expect to make an average of $46,960 annually. If you’re willing to move to Nevada, the state where members of the clergy have the highest average salary, that number jumps significantly to $61,130. Other top states in terms of salary include California, Connecticut, and Massachusetts; in all of these locations, the average salary for members of the clergy is over $53,000 annually. Remember, if you take on a leadership positions, such as becoming a head minister, you can expect to make even more money.