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Average Psychiatrists Salary in Akron, OH

The average salary for Psychiatristss in Akron, OH is $247,060. While this is lower than the national average, the cost of living in Akron, OH may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $247,060 per year.
  • Growth Trend: Salaries have shifted 3.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $370,590.
  • Outlook: The current demand for Psychiatristss is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader Akron, OH economy.
2024 Market Data

Salary Overview

$247,060

The average Psychiatrists in Akron, OH earns-10.0%below the national average.

BreakdownBased on 40h/week
Hourly

$118.8

Weekly

$4,751

Monthly

$20,588

Psychiatrists Salary Distribution in Akron, OH

The earning potential for Psychiatristss in Akron, OH varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.7x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $78,730, while highly experienced professionals can command wages upwards of $370,590.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$78,730$37.9
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$185,295$89.1
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$247,062$118.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$308,825$148.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$370,590$178.2

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$247,060

Gross Pay

Real Wage (Purchasing Power)

$247,060

Adjusted for COL (100)

In Akron, OH, the Cost of Living Index is 100. This increases your effective purchasing power from $247,060 to $247,060.

Job Market Context

40

Total Jobs

0.126

Per 1K Jobs

0.78

Location Quotient

Below Average

Akron, OH has 0.78x the national average concentration of Psychiatrists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

40 people work as Psychiatrists in Akron, OH.

Only 0.126 out of every 1,000 local jobs are Psychiatrists roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Psychiatrists

CitySalaryDist.
Cleveland, OH Psychiatrists Salary$230,990 7%29 mi

Comparing salaries near Akron, OH

Hiring Psychiatristss?

Frequently Asked Questions

How much does a Psychiatrists make in Akron, OH?

The median annual salary for a Psychiatrists in Akron, OH is $247,060. This typically ranges from $78,730 for entry-level positions to $370,590 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Akron, OH is 10.0% lower than the national median of $274,560.

Is Akron, OH a good place for Psychiatristss?

It depends on your priorities. While the average Psychiatrists salary in Akron, OH is $247,060 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Akron, OH. See distinct detailed breakdown below.

Is Akron, OH a good place to live for Psychiatrists?

The Cost of Living Index in Akron, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Akron, OH?

Some top paying nearby cities include Cleveland, OH ($230,990) and others.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 40 employees in the Akron, OH area with a job density of 0.126 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.