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Average Psychiatrists Salary in Little Rock-North Little Rock-Conway, AR

The average salary for Psychiatristss in Little Rock-North Little Rock-Conway, AR is $195,220. While this is lower than the national average, the cost of living in Little Rock-North Little Rock-Conway, AR may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $195,220 per year.
  • Growth Trend: Salaries have shifted 17.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $292,830.
  • Outlook: The current demand for Psychiatristss is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader Little Rock-North Little Rock-Conway, AR economy.
2024 Market Data

Salary Overview

$195,220

The average Psychiatrists in Little Rock-North Little Rock-Conway, AR earns-28.9%below the national average.

BreakdownBased on 40h/week
Hourly

$93.9

Weekly

$3,754

Monthly

$16,268

Psychiatrists Salary Distribution in Little Rock-North Little Rock-Conway, AR

The earning potential for Psychiatristss in Little Rock-North Little Rock-Conway, AR varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $61,270, while highly experienced professionals can command wages upwards of $292,830.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$61,270$29.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$146,415$70.4
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$93,340$44.9
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$244,025$117.3
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$292,830$140.8

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$195,220

Gross Pay

Real Wage (Purchasing Power)

$195,220

Adjusted for COL (100)

In Little Rock-North Little Rock-Conway, AR, the Cost of Living Index is 100. This increases your effective purchasing power from $195,220 to $195,220.

Job Market Context

40

Total Jobs

0.118

Per 1K Jobs

0.74

Location Quotient

Below Average

Little Rock-North Little Rock-Conway, AR has 0.74x 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.

40 people work as Psychiatrists in Little Rock-North Little Rock-Conway, AR.

Only 0.118 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 Little Rock-North Little Rock-Conway, AR?

The median annual salary for a Psychiatrists in Little Rock-North Little Rock-Conway, AR is $195,220. This typically ranges from $61,270 for entry-level positions to $292,830 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Little Rock-North Little Rock-Conway, AR is 28.9% lower than the national median of $274,560.

Is Little Rock-North Little Rock-Conway, AR a good place for Psychiatristss?

It depends on your priorities. While the average Psychiatrists salary in Little Rock-North Little Rock-Conway, AR is $195,220 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Little Rock-North Little Rock-Conway, AR. See distinct detailed breakdown below.

Is Little Rock-North Little Rock-Conway, AR a good place to live for Psychiatrists?

The Cost of Living Index in Little Rock-North Little Rock-Conway, AR 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 40 employees in the Little Rock-North Little Rock-Conway, AR area with a job density of 0.118 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.