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Average Psychiatrists Salary in Bridgeport-Stamford-Danbury, CT

Yes, Bridgeport-Stamford-Danbury, CT is a highly lucrative market for Psychiatristss. With an average annual salary of $346,250, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $346,250 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $519,375.
  • Outlook: The current demand for Psychiatristss is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Bridgeport-Stamford-Danbury, CT economy.
2024 Market Data

Salary Overview

$346,250

The average Psychiatrists in Bridgeport-Stamford-Danbury, CT earns+26.1%above the national average.

BreakdownBased on 40h/week
Hourly

$166.5

Weekly

$6,659

Monthly

$28,854

Psychiatrists Salary Distribution in Bridgeport-Stamford-Danbury, CT

The earning potential for Psychiatristss in Bridgeport-Stamford-Danbury, CT varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.2x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $162,310, while highly experienced professionals can command wages upwards of $519,375.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$162,310$78
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$259,688$124.8
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$346,258$166.5
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$432,813$208.1
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$519,375$249.7

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$346,250

Gross Pay

Real Wage (Purchasing Power)

$346,250

Adjusted for COL (100)

In Bridgeport-Stamford-Danbury, CT, the Cost of Living Index is 100. This increases your effective purchasing power from $346,250 to $346,250.

Job Market Context

70

Total Jobs

0.177

Per 1K Jobs

1.1

Location Quotient

Above Average

With a location quotient of 1.10, Bridgeport-Stamford-Danbury, CT has a slightly higher-than-average concentration of Psychiatrists roles compared to the national norm.

70 people work as Psychiatrists in Bridgeport-Stamford-Danbury, CT.

Only 0.177 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

Comparing salaries near Bridgeport-Stamford-Danbury, CT

Hiring Psychiatristss?

Frequently Asked Questions

How much does a Psychiatrists make in Bridgeport-Stamford-Danbury, CT?

The median annual salary for a Psychiatrists in Bridgeport-Stamford-Danbury, CT is $346,250. This typically ranges from $162,310 for entry-level positions to $519,375 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Bridgeport-Stamford-Danbury, CT is 26.1% higher than the national median of $274,560.

Is Bridgeport-Stamford-Danbury, CT a good place for Psychiatristss?

Yes, Bridgeport-Stamford-Danbury, CT is financially attractive for Psychiatristss. The average salary of $346,250 exceeds the national average. See distinct detailed breakdown below.

Is Bridgeport-Stamford-Danbury, CT a good place to live for Psychiatrists?

The Cost of Living Index in Bridgeport-Stamford-Danbury, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Bridgeport-Stamford-Danbury, CT?

Some top paying nearby cities include New Haven, CT ($266,170) and Hartford-West Hartford-East Hartford, CT.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 70 employees in the Bridgeport-Stamford-Danbury, CT area with a job density of 0.177 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.