Average Psychiatrists Salary in Detroit-Warren-Dearborn, MI
The average salary for a Psychiatrists in Detroit-Warren-Dearborn, MI is $283,860. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $283,860 per year.
- Growth Trend: Salaries have shifted 23.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $425,790.
- Outlook: The current demand for Psychiatristss is stable, with a local workforce of approximately 160 professionals. This role remains a specialized component of the broader Detroit-Warren-Dearborn, MI economy.
Salary Overview
The average Psychiatrists in Detroit-Warren-Dearborn, MI earns+3.4%above the national average.
$136.5
$5,459
$23,655
Psychiatrists Salary Trends (2020-2024)
Over the past 4 years, Psychiatrists salaries in Detroit-Warren-Dearborn, MI have experienced a rapid surge, growing by 23.3%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Psychiatrists Salary Distribution in Detroit-Warren-Dearborn, MI
The earning potential for Psychiatristss in Detroit-Warren-Dearborn, MI varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $119,280, while highly experienced professionals can command wages upwards of $425,790.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $119,280 | $57.3 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $212,895 | $102.4 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $283,858 | $136.5 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $354,825 | $170.6 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $425,790 | $204.7 |
Detailed Psychiatrists Market Analysis
Relocation Context
Nominal Salary
$283,860
Gross Pay
Real Wage (Purchasing Power)
$283,860
Adjusted for COL (100)
In Detroit-Warren-Dearborn, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $283,860 to $283,860.
Job Market Context
160
Total Jobs
0.086
Per 1K Jobs
0.54
Location Quotient
Detroit-Warren-Dearborn, MI has 0.54x the national average concentration of Psychiatrists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
160 people work as Psychiatrists in Detroit-Warren-Dearborn, MI.
Only 0.086 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
| City | Salary | Dist. |
|---|---|---|
| Ann Arbor, MI Psychiatrists Salary | $235,660↓ 17% | 35 mi |
| Toledo, OH Psychiatrists Salary | $243,360↓ 14% | 54 mi |
Comparing salaries near Detroit-Warren-Dearborn, MI
Hiring Psychiatristss?
Frequently Asked Questions
How much does a Psychiatrists make in Detroit-Warren-Dearborn, MI?
The median annual salary for a Psychiatrists in Detroit-Warren-Dearborn, MI is $283,860. This typically ranges from $119,280 for entry-level positions to $425,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Detroit-Warren-Dearborn, MI is 3.4% higher than the national median of $274,560.
Is Detroit-Warren-Dearborn, MI a good place for Psychiatristss?
Yes, Detroit-Warren-Dearborn, MI is financially attractive for Psychiatristss. The average salary of $283,860 exceeds the national average. See distinct detailed breakdown below.
Is Detroit-Warren-Dearborn, MI a good place to live for Psychiatrists?
The Cost of Living Index in Detroit-Warren-Dearborn, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Detroit-Warren-Dearborn, MI?
Some top paying nearby cities include Ann Arbor, MI ($235,660) and Toledo, OH.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 160 employees in the Detroit-Warren-Dearborn, MI area with a job density of 0.086 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Psychiatrists Salaries by State
Top Jobs in Detroit-Warren-Dearborn, MI
- All Occupations Salary in Detroit-Warren-Dearborn, MI
- Office and Administrative Support Occupations Salary in Detroit-Warren-Dearborn, MI
- Production Occupations Salary in Detroit-Warren-Dearborn, MI
- Transportation and Material Moving Occupations Salary in Detroit-Warren-Dearborn, MI
- Sales and Related Occupations Salary in Detroit-Warren-Dearborn, MI
- Food Preparation and Serving Related Occupations Salary in Detroit-Warren-Dearborn, MI
- Business and Financial Operations Occupations Salary in Detroit-Warren-Dearborn, MI
- Management Occupations Salary in Detroit-Warren-Dearborn, MI
- Healthcare Practitioners and Technical Occupations Salary in Detroit-Warren-Dearborn, MI
- Healthcare Support Occupations Salary in Detroit-Warren-Dearborn, MI
- Browse All Jobs in Detroit-Warren-Dearborn, MI →
Semantic Salary Analysis for Psychiatrists • Data source: BLS OEWS 2024 •Jobs in Detroit-Warren-Dearborn, MI