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Average Psychiatrists Salary in Capital/Northern New York nonmetropolitan area

The average salary for a Psychiatrists in Capital/Northern New York nonmetropolitan area is $260,950. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Capital/Northern New York nonmetropolitan area is a key hub for this profession, with a job concentration 2.2x higher than average.

Executive Summary

  • Average Salary: $260,950 per year.
  • Growth Trend: Salaries have shifted 4.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $391,425.
  • Outlook: The current demand for Psychiatristss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Capital/Northern New York nonmetropolitan area economy.
2024 Market Data

Salary Overview

$260,950

The average Psychiatrists in Capital/Northern New York nonmetropolitan area earns-5.0%below the national average.

BreakdownBased on 40h/week
Hourly

$125.5

Weekly

$5,018

Monthly

$21,746

Psychiatrists Salary Distribution in Capital/Northern New York nonmetropolitan area

The earning potential for Psychiatristss in Capital/Northern New York nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.3x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $117,610, while highly experienced professionals can command wages upwards of $391,425.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$117,610$56.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$195,713$94.1
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$260,957$125.5
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$326,188$156.8
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$391,425$188.2

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$260,950

Gross Pay

Real Wage (Purchasing Power)

$260,950

Adjusted for COL (100)

In Capital/Northern New York nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $260,950 to $260,950.

Job Market Context

50

Total Jobs

0.353

Per 1K Jobs

2.2

Location Quotient

Major Hub

Capital/Northern New York nonmetropolitan area has 2.2x 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.

50 people work as Psychiatrists in Capital/Northern New York nonmetropolitan area.

Only 0.353 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 Capital/Northern New York nonmetropolitan area

Hiring Psychiatristss?

Frequently Asked Questions

How much does a Psychiatrists make in Capital/Northern New York nonmetropolitan area?

The median annual salary for a Psychiatrists in Capital/Northern New York nonmetropolitan area is $260,950. This typically ranges from $117,610 for entry-level positions to $391,425 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Capital/Northern New York nonmetropolitan area is 5.0% lower than the national median of $274,560.

Is Capital/Northern New York nonmetropolitan area a good place for Psychiatristss?

Yes, Capital/Northern New York nonmetropolitan area is highly recommended due to strong job demand. While salaries are competitive ($260,950), the area is particularly notable for its high job density for Psychiatristss. See distinct detailed breakdown below.

Is Capital/Northern New York nonmetropolitan area a good place to live for Psychiatrists?

The Cost of Living Index in Capital/Northern New York nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Capital/Northern New York nonmetropolitan area?

Some top paying nearby cities include Scranton--Wilkes-Barre, PA ($276,130) and Utica-Rome, NY.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the Capital/Northern New York nonmetropolitan area area with a job density of 0.353 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.