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Average Psychiatrists Salary in Mississippi

The average salary for Psychiatristss in Mississippi is $204,490. While this is lower than the national average, the cost of living in Mississippi may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $204,490 per year.
  • Growth Trend: Salaries have shifted 8.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $306,735.
  • 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 Mississippi economy.
2024 Market Data

Salary Overview

$204,490

The average Psychiatrists in Mississippi earns-25.5%below the national average.

BreakdownBased on 40h/week
Hourly

$98.3

Weekly

$3,933

Monthly

$17,041

Psychiatrists Salary Distribution in Mississippi

The earning potential for Psychiatristss in Mississippi varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 5.2x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $59,230, while highly experienced professionals can command wages upwards of $306,735.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$59,230$28.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$153,368$73.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$195,210$93.9
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$255,613$122.9
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$306,735$147.5

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$204,490

Gross Pay

Real Wage (Purchasing Power)

$235,859

Adjusted for COL (86.7)

This is a financial "Hidden Gem". Although the nominal salary is $204,490, the lower cost of living in Mississippi (13.3% below national average) boosts your purchasing power to an equivalent of $235,859. This allows for significant savings.

Job Market Context

100

Total Jobs

0.083

Per 1K Jobs

0.51

Location Quotient

Below Average

Mississippi has 0.51x 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 Mississippi.

Only 0.083 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.
Jackson, MS Psychiatrists Salary$173,560 15%43 mi

Comparing salaries near Mississippi

Hiring Psychiatristss?

Frequently Asked Questions

How much does a Psychiatrists make in Mississippi?

The median annual salary for a Psychiatrists in Mississippi is $204,490. This typically ranges from $59,230 for entry-level positions to $306,735 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Mississippi is 25.5% lower than the national median of $274,560.

Is Mississippi a good place for Psychiatristss?

It depends on your priorities. While the average Psychiatrists salary in Mississippi is $204,490 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Mississippi. See distinct detailed breakdown below.

Is Mississippi a good place to live for Psychiatrists?

With a Cost of Living Index of 86.7 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Mississippi?

Some top paying nearby cities include Jackson, MS ($173,560) 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 Mississippi area with a job density of 0.083 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.