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Average Psychiatrists Salary in Maine

The average salary for a Psychiatrists in Maine is $260,800. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $260,800 per year.
  • Growth Trend: Salaries have shifted 2.7% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $391,200.
  • Outlook: The current demand for Psychiatristss is stable, with a local workforce of approximately 100 professionals. This role remains a specialized component of the broader Maine economy.
2024 Market Data

Salary Overview

$260,800

The average Psychiatrists in Maine earns-5.0%below the national average.

BreakdownBased on 40h/week
Hourly

$125.4

Weekly

$5,015

Monthly

$21,733

Psychiatrists Salary Distribution in Maine

The earning potential for Psychiatristss in Maine varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.9x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $99,380, while highly experienced professionals can command wages upwards of $391,200.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$99,380$47.8
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$195,600$94
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$260,811$125.4
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$326,000$156.7
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$391,200$188.1

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$260,800

Gross Pay

Real Wage (Purchasing Power)

$233,901

Adjusted for COL (111.5)

In Maine, the Cost of Living Index is 111.5. This reduces your effective purchasing power from $260,800 to $233,901.

Job Market Context

100

Total Jobs

0.152

Per 1K Jobs

0.94

Location Quotient

Below Average

Maine has 0.94x 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.

100 people work as Psychiatrists in Maine.

Only 0.152 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.
Bangor, ME Psychiatrists Salary$269,130↑ 3%31 mi

Comparing salaries near Maine

Hiring Psychiatristss?

Frequently Asked Questions

How much does a Psychiatrists make in Maine?

The median annual salary for a Psychiatrists in Maine is $260,800. This typically ranges from $99,380 for entry-level positions to $391,200 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Maine is 5.0% lower than the national median of $274,560.

Is Maine a good place for Psychiatristss?

It depends on your priorities. While the average Psychiatrists salary in Maine is $260,800 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Maine. See distinct detailed breakdown below.

Is Maine a good place to live for Psychiatrists?

The Cost of Living Index in Maine is 111.5. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Maine?

Some top paying nearby cities include Bangor, ME ($269,130) 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 100 employees in the Maine area with a job density of 0.152 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 Maine