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Average Psychiatrists Salary in Maryland nonmetropolitan area

Yes, Maryland nonmetropolitan area is a highly lucrative market for Psychiatristss. With an average annual salary of $341,780, professionals here earn significantly more than the national norm. Notably, Maryland nonmetropolitan area is a key hub for this profession, with a job concentration 2.27x higher than average.

Executive Summary

  • Average Salary: $341,780 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $512,670.
  • 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 Maryland nonmetropolitan area economy.
2024 Market Data

Salary Overview

$341,780

The average Psychiatrists in Maryland nonmetropolitan area earns+24.5%above the national average.

BreakdownBased on 40h/week
Hourly

$164.3

Weekly

$6,573

Monthly

$28,482

Psychiatrists Salary Distribution in Maryland nonmetropolitan area

The earning potential for Psychiatristss in Maryland nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.4x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $152,770, while highly experienced professionals can command wages upwards of $512,670.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$152,770$73.4
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$256,335$123.2
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$341,786$164.3
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$427,225$205.4
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$512,670$246.5

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$341,780

Gross Pay

Real Wage (Purchasing Power)

$341,780

Adjusted for COL (100)

In Maryland nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $341,780 to $341,780.

Job Market Context

40

Total Jobs

0.366

Per 1K Jobs

2.27

Location Quotient

Major Hub

Maryland nonmetropolitan area has 2.3x the national concentration of Psychiatrists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

40 people work as Psychiatrists in Maryland nonmetropolitan area.

Only 0.366 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

Comparing salaries near Maryland nonmetropolitan area

Hiring Psychiatristss?

Frequently Asked Questions

How much does a Psychiatrists make in Maryland nonmetropolitan area?

The median annual salary for a Psychiatrists in Maryland nonmetropolitan area is $341,780. This typically ranges from $152,770 for entry-level positions to $512,670 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Maryland nonmetropolitan area is 24.5% higher than the national median of $274,560.

Is Maryland nonmetropolitan area a good place for Psychiatristss?

Yes, Maryland nonmetropolitan area is an excellent location for Psychiatristss. It offers both higher-than-average salaries ($341,780) and a high concentration of job opportunities. See distinct detailed breakdown below.

Is Maryland nonmetropolitan area a good place to live for Psychiatrists?

The Cost of Living Index in Maryland nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Maryland nonmetropolitan area?

Some top paying nearby cities include Washington-Arlington-Alexandria, DC-VA-MD-WV ($213,470) and Baltimore-Columbia-Towson, MD.

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 Maryland nonmetropolitan area area with a job density of 0.366 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.