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Average Psychiatrists Salary in Lansing-East Lansing, MI

The average salary for a Psychiatrists in Lansing-East Lansing, MI is $286,040. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $286,040 per year.
  • Growth Trend: Salaries have shifted 34.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $429,060.
  • 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 Lansing-East Lansing, MI economy.
2024 Market Data

Salary Overview

$286,040

The average Psychiatrists in Lansing-East Lansing, MI earns+4.2%above the national average.

BreakdownBased on 40h/week
Hourly

$137.5

Weekly

$5,501

Monthly

$23,837

Psychiatrists Salary Distribution in Lansing-East Lansing, MI

The earning potential for Psychiatristss in Lansing-East Lansing, MI 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 $184,010, while highly experienced professionals can command wages upwards of $429,060.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$184,010$88.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$214,530$103.1
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$286,042$137.5
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$357,550$171.9
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$429,060$206.3

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$286,040

Gross Pay

Real Wage (Purchasing Power)

$286,040

Adjusted for COL (100)

In Lansing-East Lansing, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $286,040 to $286,040.

Job Market Context

30

Total Jobs

0.143

Per 1K Jobs

0.89

Location Quotient

Below Average

Lansing-East Lansing, MI has 0.89x 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 Lansing-East Lansing, MI.

Only 0.143 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 Lansing-East Lansing, MI?

The median annual salary for a Psychiatrists in Lansing-East Lansing, MI is $286,040. This typically ranges from $184,010 for entry-level positions to $429,060 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lansing-East Lansing, MI is 4.2% higher than the national median of $274,560.

Is Lansing-East Lansing, MI a good place for Psychiatristss?

Yes, Lansing-East Lansing, MI is financially attractive for Psychiatristss. The average salary of $286,040 exceeds the national average. See distinct detailed breakdown below.

Is Lansing-East Lansing, MI a good place to live for Psychiatrists?

The Cost of Living Index in Lansing-East Lansing, MI 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 Lansing-East Lansing, MI area with a job density of 0.143 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.