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Average Psychiatrists Salary in Fort Wayne, IN

Yes, Fort Wayne, IN is a highly lucrative market for Psychiatristss. With an average annual salary of $340,710, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $340,710 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $511,065.
  • 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 Fort Wayne, IN economy.
2024 Market Data

Salary Overview

$340,710

The average Psychiatrists in Fort Wayne, IN earns+24.1%above the national average.

BreakdownBased on 40h/week
Hourly

$163.8

Weekly

$6,552

Monthly

$28,393

Psychiatrists Salary Distribution in Fort Wayne, IN

The earning potential for Psychiatristss in Fort Wayne, IN varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $221,650, while highly experienced professionals can command wages upwards of $511,065.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$221,650$106.6
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$255,533$122.9
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$340,704$163.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$425,888$204.8
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$511,065$245.7

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$340,710

Gross Pay

Real Wage (Purchasing Power)

$340,710

Adjusted for COL (100)

In Fort Wayne, IN, the Cost of Living Index is 100. This increases your effective purchasing power from $340,710 to $340,710.

Job Market Context

30

Total Jobs

0.15

Per 1K Jobs

0.93

Location Quotient

Below Average

Fort Wayne, IN has 0.93x 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.

30 people work as Psychiatrists in Fort Wayne, IN.

Only 0.15 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 Fort Wayne, IN?

The median annual salary for a Psychiatrists in Fort Wayne, IN is $340,710. This typically ranges from $221,650 for entry-level positions to $511,065 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Fort Wayne, IN is 24.1% higher than the national median of $274,560.

Is Fort Wayne, IN a good place for Psychiatristss?

Yes, Fort Wayne, IN is financially attractive for Psychiatristss. The average salary of $340,710 exceeds the national average. See distinct detailed breakdown below.

Is Fort Wayne, IN a good place to live for Psychiatrists?

The Cost of Living Index in Fort Wayne, IN 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 Fort Wayne, IN area with a job density of 0.15 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 Fort Wayne, IN