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Average Psychiatrists Salary in Bangor, ME

The average salary for a Psychiatrists in Bangor, ME is $269,130. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Bangor, ME is a key hub for this profession, with a job concentration 2.74x higher than average.

Executive Summary

  • Average Salary: $269,130 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $403,695.
  • Outlook: The current demand for Psychiatristss is stable, with a local workforce of approximately 30 professionals. This role remains a specialized component of the broader Bangor, ME economy.
2024 Market Data

Salary Overview

$269,130

The average Psychiatrists in Bangor, ME earns-2.0%below the national average.

BreakdownBased on 40h/week
Hourly

$129.4

Weekly

$5,176

Monthly

$22,428

Psychiatrists Salary Distribution in Bangor, ME

The earning potential for Psychiatristss in Bangor, ME varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.1x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $99,380, while highly experienced professionals can command wages upwards of $403,695.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$99,380$47.8
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$201,848$97
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$269,131$129.4
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$336,413$161.7
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$403,695$194.1

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$269,130

Gross Pay

Real Wage (Purchasing Power)

$269,130

Adjusted for COL (100)

In Bangor, ME, the Cost of Living Index is 100. This increases your effective purchasing power from $269,130 to $269,130.

Job Market Context

30

Total Jobs

0.441

Per 1K Jobs

2.74

Location Quotient

Major Hub

Bangor, ME has 2.7x the national concentration of Psychiatrists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

30 people work as Psychiatrists in Bangor, ME.

Only 0.441 out of every 1,000 local jobs are Psychiatrists roles — this is a niche profession in the area.

Nearby Job Markets

Hiring Psychiatristss?

Frequently Asked Questions

How much does a Psychiatrists make in Bangor, ME?

The median annual salary for a Psychiatrists in Bangor, ME is $269,130. This typically ranges from $99,380 for entry-level positions to $403,695 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Bangor, ME is 2.0% lower than the national median of $274,560.

Is Bangor, ME a good place for Psychiatristss?

Yes, Bangor, ME is highly recommended due to strong job demand. While salaries are competitive ($269,130), the area is particularly notable for its high job density for Psychiatristss. See distinct detailed breakdown below.

Is Bangor, ME a good place to live for Psychiatrists?

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

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 30 employees in the Bangor, ME area with a job density of 0.441 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 Bangor, ME