SalaryNode

Average Psychiatrists Salary in Louisiana

The average salary for a Psychiatrists in Louisiana is $295,290. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $295,290 per year.
  • Growth Trend: Salaries have shifted 126.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $442,935.
  • Outlook: The current demand for Psychiatristss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Louisiana economy.
2024 Market Data

Salary Overview

$295,290

The average Psychiatrists in Louisiana earns+7.6%above the national average.

BreakdownBased on 40h/week
Hourly

$142

Weekly

$5,679

Monthly

$24,608

Psychiatrists Salary Distribution in Louisiana

The earning potential for Psychiatristss in Louisiana varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $97,330, while highly experienced professionals can command wages upwards of $442,935.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$97,330$46.8
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$221,468$106.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$295,277$142
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$369,113$177.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$442,935$212.9

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$295,290

Gross Pay

Real Wage (Purchasing Power)

$320,967

Adjusted for COL (92)

This is a financial "Hidden Gem". Although the nominal salary is $295,290, the lower cost of living in Louisiana (8.0% below national average) boosts your purchasing power to an equivalent of $320,967. This allows for significant savings.

Job Market Context

110

Total Jobs

0.057

Per 1K Jobs

0.35

Location Quotient

Low Concentration

At 0.35x, Louisiana has a notably lower concentration of Psychiatrists jobs than the national average. Opportunities in this area are relatively scarce for this profession.

110 people work as Psychiatrists in Louisiana.

Only 0.057 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.
Baton Rouge, LA Psychiatrists Salary$281,050 5%67 mi

Comparing salaries near Louisiana

Hiring Psychiatristss?

Frequently Asked Questions

How much does a Psychiatrists make in Louisiana?

The median annual salary for a Psychiatrists in Louisiana is $295,290. This typically ranges from $97,330 for entry-level positions to $442,935 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Louisiana is 7.6% higher than the national median of $274,560.

Is Louisiana a good place for Psychiatristss?

Yes, Louisiana is financially attractive for Psychiatristss. The average salary of $295,290 exceeds the national average. See distinct detailed breakdown below.

Is Louisiana a good place to live for Psychiatrists?

With a Cost of Living Index of 92 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Louisiana?

Some top paying nearby cities include Baton Rouge, LA ($281,050) 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 110 employees in the Louisiana area with a job density of 0.057 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.