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Average Psychiatrists Salary in Arizona

Psychiatrists in Arizona earn an average annual salary of $251,020, which is slightly below the national average of $274,560. This difference can be attributed to a combination of factors including the state's specific demand for mental health services, the overall economic landscape, and the local cost of living, all of which influence compensation structures.

Executive Summary

  • Average Salary: $251,020 per year.
  • Growth Trend: Salaries have shifted 3.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $376,530.
  • Outlook: With a local workforce of 450 Psychiatrists and a Location Quotient of 0.87, Arizona presents a moderately concentrated but stable job market for this specialty. The concentration, slightly below the national average, suggests a steady demand that aligns with the available professional pool, indicating a robust environment for those seeking or maintaining a career in psychiatry within the state.
2024 Market Data

Salary Overview

$251,020

The average Psychiatrists in Arizona earns-8.6%below the national average.

BreakdownBased on 40h/week
Hourly

$120.7

Weekly

$4,827

Monthly

$20,918

Psychiatrists Salary Distribution in Arizona

The salary spectrum for Psychiatrists in Arizona widens significantly with experience. Entry-level positions typically start at the lower percentiles, while senior and highly specialized roles command salaries in the upper percentiles, reflecting accumulated expertise and responsibility. The discernible gaps between these percentiles underscore the substantial career progression and earning potential available as professionals advance in their careers.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$117,440$56.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$188,265$90.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$251,014$120.7
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$313,775$150.9
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$376,530$181

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$251,020

Gross Pay

Real Wage (Purchasing Power)

$235,921

Adjusted for COL (106.4)

An average annual salary of $251,020 in Arizona, when compared to a Cost of Living Index of 106.4 (meaning it's 6.4% higher than the national average), indicates that the purchasing power of a Psychiatrist's income is slightly diminished relative to the national standard. While the nominal salary is substantial, the higher cost of living necessitates careful financial planning for residents.

Job Market Context

450

Total Jobs

0.14

Per 1K Jobs

0.87

Location Quotient

Below Average

Arizona has 0.87x 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.

Arizona's Location Quotient of 0.87 for Psychiatrists suggests that the state employs fewer professionals in this role per 1,000 workers compared to the national average. This indicates a market that is not oversaturated, potentially offering good opportunities for qualified individuals, though it also implies a slightly lower concentration of specialized talent relative to other states.

Nearby Job Markets

Nearby Cities for Psychiatrists

CitySalaryDist.
Phoenix-Mesa-Chandler, AZ Psychiatrists Salary$269,530 7%39 mi

Comparing salaries near Arizona

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Frequently Asked Questions

How much does a Psychiatrists make in Arizona?

The median annual salary for a Psychiatrists in Arizona is $251,020. This typically ranges from $117,440 for entry-level positions to $376,530 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Arizona is 8.6% lower than the national median of $274,560.

Is Arizona a lucrative place for Psychiatrists?

Yes, with caveats.Arizona offers a substantial average salary of $251,020, though it falls slightly below the national average. The state's cost of living is also slightly above the national average, impacting overall purchasing power.

Is Arizona a good place to live for Psychiatrists?

The Cost of Living Index in Arizona is 106.4. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Arizona?

Some top paying nearby cities include Phoenix-Mesa-Chandler, AZ ($269,530) and others.

How does Arizona's Psychiatrist salary compare to the national average?

The average annual salary for Psychiatrists in Arizona is $251,020, which is approximately 8.5% lower than the national average of $274,560.

What is the concentration of Psychiatrists in Arizona?

Arizona has a Location Quotient of 0.87 for Psychiatrists, indicating a slightly lower concentration of these professionals compared to the national average.

How does the cost of living in Arizona affect a Psychiatrist's salary?

With a Cost of Living Index of 106.4, Arizona is 6.4% more expensive than the national average. This means the $251,020 salary may have less purchasing power than the same amount in a lower cost-of-living state.

What is the total number of Psychiatrists employed in Arizona?

There are approximately 450 Psychiatrists employed within Arizona, representing a specific segment of the state's healthcare workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 450 employees in the Arizona area with a job density of 0.14 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.