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Average Psychiatrists Salary in Cincinnati, OH-KY-IN

The average salary for a Psychiatrists in Cincinnati, OH-KY-IN is $300,610. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $300,610 per year.
  • Growth Trend: Salaries have shifted 21.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $450,915.
  • Outlook: The current demand for Psychiatristss is stable, with a local workforce of approximately 180 professionals. This role remains a specialized component of the broader Cincinnati, OH-KY-IN economy.
2024 Market Data

Salary Overview

$300,610

The average Psychiatrists in Cincinnati, OH-KY-IN earns+9.5%above the national average.

BreakdownBased on 40h/week
Hourly

$144.5

Weekly

$5,781

Monthly

$25,051

Psychiatrists Salary Distribution in Cincinnati, OH-KY-IN

The earning potential for Psychiatristss in Cincinnati, OH-KY-IN varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 5.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $80,920, while highly experienced professionals can command wages upwards of $450,915.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$80,920$38.9
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$225,458$108.4
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$300,602$144.5
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$375,763$180.7
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$450,915$216.8

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$300,610

Gross Pay

Real Wage (Purchasing Power)

$300,610

Adjusted for COL (100)

In Cincinnati, OH-KY-IN, the Cost of Living Index is 100. This increases your effective purchasing power from $300,610 to $300,610.

Job Market Context

180

Total Jobs

0.164

Per 1K Jobs

1.02

Location Quotient

Above Average

With a location quotient of 1.02, Cincinnati, OH-KY-IN has a slightly higher-than-average concentration of Psychiatrists roles compared to the national norm.

180 people work as Psychiatrists in Cincinnati, OH-KY-IN.

Only 0.164 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.
Lexington-Fayette, KY Psychiatrists Salary$249,800 17%73 mi

Comparing salaries near Cincinnati, OH-KY-IN

Hiring Psychiatristss?

Frequently Asked Questions

How much does a Psychiatrists make in Cincinnati, OH-KY-IN?

The median annual salary for a Psychiatrists in Cincinnati, OH-KY-IN is $300,610. This typically ranges from $80,920 for entry-level positions to $450,915 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Cincinnati, OH-KY-IN is 9.5% higher than the national median of $274,560.

Is Cincinnati, OH-KY-IN a good place for Psychiatristss?

Yes, Cincinnati, OH-KY-IN is financially attractive for Psychiatristss. The average salary of $300,610 exceeds the national average. See distinct detailed breakdown below.

Is Cincinnati, OH-KY-IN a good place to live for Psychiatrists?

The Cost of Living Index in Cincinnati, OH-KY-IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Cincinnati, OH-KY-IN?

Some top paying nearby cities include Lexington-Fayette, KY ($249,800) 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 180 employees in the Cincinnati, OH-KY-IN area with a job density of 0.164 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.