Average Psychiatrists Salary in Ann Arbor, MI
The average salary for Psychiatristss in Ann Arbor, MI is $235,660. While this is lower than the national average, the cost of living in Ann Arbor, MI may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $235,660 per year.
- Growth Trend: Salaries have shifted 93.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $353,490.
- 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 Ann Arbor, MI economy.
Salary Overview
The average Psychiatrists in Ann Arbor, MI earns-14.2%below the national average.
$113.3
$4,532
$19,638
Psychiatrists Salary Trends (2020-2024)
Over the past 4 years, Psychiatrists salaries in Ann Arbor, MI have experienced a rapid surge, growing by 93.9%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Psychiatrists Salary Distribution in Ann Arbor, MI
The earning potential for Psychiatristss in Ann Arbor, MI varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.4x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $80,240, while highly experienced professionals can command wages upwards of $353,490.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $80,240 | $38.6 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $176,745 | $85 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $235,664 | $113.3 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $294,575 | $141.6 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $353,490 | $169.9 |
Detailed Psychiatrists Market Analysis
Relocation Context
Nominal Salary
$235,660
Gross Pay
Real Wage (Purchasing Power)
$235,660
Adjusted for COL (100)
In Ann Arbor, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $235,660 to $235,660.
Job Market Context
40
Total Jobs
0.184
Per 1K Jobs
1.14
Location Quotient
With a location quotient of 1.14, Ann Arbor, MI has a slightly higher-than-average concentration of Psychiatrists roles compared to the national norm.
40 people work as Psychiatrists in Ann Arbor, MI.
Only 0.184 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
| City | Salary | Dist. |
|---|---|---|
| Detroit-Warren-Dearborn, MI Psychiatrists Salary | $283,860↑ 20% | 35 mi |
| Toledo, OH Psychiatrists Salary | $243,360↑ 3% | 43 mi |
Comparing salaries near Ann Arbor, MI
Hiring Psychiatristss?
Frequently Asked Questions
How much does a Psychiatrists make in Ann Arbor, MI?
The median annual salary for a Psychiatrists in Ann Arbor, MI is $235,660. This typically ranges from $80,240 for entry-level positions to $353,490 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Ann Arbor, MI is 14.2% lower than the national median of $274,560.
Is Ann Arbor, MI a good place for Psychiatristss?
It depends on your priorities. While the average Psychiatrists salary in Ann Arbor, MI is $235,660 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Ann Arbor, MI. See distinct detailed breakdown below.
Is Ann Arbor, MI a good place to live for Psychiatrists?
The Cost of Living Index in Ann Arbor, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Ann Arbor, MI?
Some top paying nearby cities include Detroit-Warren-Dearborn, MI ($283,860) and Toledo, OH.
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 Ann Arbor, MI area with a job density of 0.184 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Psychiatrists Salaries by State
Top Jobs in Ann Arbor, MI
- All Occupations Salary in Ann Arbor, MI
- Educational Instruction and Library Occupations Salary in Ann Arbor, MI
- Healthcare Practitioners and Technical Occupations Salary in Ann Arbor, MI
- Office and Administrative Support Occupations Salary in Ann Arbor, MI
- Food Preparation and Serving Related Occupations Salary in Ann Arbor, MI
- Management Occupations Salary in Ann Arbor, MI
- Sales and Related Occupations Salary in Ann Arbor, MI
- Teaching Assistants, Postsecondary Salary in Ann Arbor, MI
- Business and Financial Operations Occupations Salary in Ann Arbor, MI
- Registered Nurses Salary in Ann Arbor, MI
- Browse All Jobs in Ann Arbor, MI →
Semantic Salary Analysis for Psychiatrists • Data source: BLS OEWS 2024 •Jobs in Ann Arbor, MI