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Average Psychiatrists Salary in Arkansas

The average salary for Psychiatristss in Arkansas is $215,360. While this is lower than the national average, the cost of living in Arkansas may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $215,360 per year.
  • Growth Trend: Salaries have shifted 37.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $323,040.
  • Outlook: The current demand for Psychiatristss is stable, with a local workforce of approximately 90 professionals. This role remains a specialized component of the broader Arkansas economy.
2024 Market Data

Salary Overview

$215,360

The average Psychiatrists in Arkansas earns-21.6%below the national average.

BreakdownBased on 40h/week
Hourly

$103.5

Weekly

$4,142

Monthly

$17,947

Psychiatrists Salary Distribution in Arkansas

The earning potential for Psychiatristss in Arkansas varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.9x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $65,890, while highly experienced professionals can command wages upwards of $323,040.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$65,890$31.7
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$161,520$77.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$195,430$94
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$269,200$129.4
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$323,040$155.3

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$215,360

Gross Pay

Real Wage (Purchasing Power)

$238,494

Adjusted for COL (90.3)

This is a financial "Hidden Gem". Although the nominal salary is $215,360, the lower cost of living in Arkansas (9.7% below national average) boosts your purchasing power to an equivalent of $238,494. This allows for significant savings.

Job Market Context

90

Total Jobs

0.069

Per 1K Jobs

0.43

Location Quotient

Low Concentration

At 0.43x, Arkansas has a notably lower concentration of Psychiatrists jobs than the national average. Opportunities in this area are relatively scarce for this profession.

90 people work as Psychiatrists in Arkansas.

Only 0.069 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.
Little Rock-North Little Rock-Conway, AR Psychiatrists Salary$195,220↓ 9%17 mi

Comparing salaries near Arkansas

Hiring Psychiatristss?

Frequently Asked Questions

How much does a Psychiatrists make in Arkansas?

The median annual salary for a Psychiatrists in Arkansas is $215,360. This typically ranges from $65,890 for entry-level positions to $323,040 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Arkansas is 21.6% lower than the national median of $274,560.

Is Arkansas a good place for Psychiatristss?

It depends on your priorities. While the average Psychiatrists salary in Arkansas is $215,360 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Arkansas. See distinct detailed breakdown below.

Is Arkansas a good place to live for Psychiatrists?

With a Cost of Living Index of 90.3 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Arkansas?

Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($195,220) 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 90 employees in the Arkansas area with a job density of 0.069 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Psychiatrists • Data source: BLS OEWS 2024 •Jobs in Arkansas