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Average Psychiatrists Salary in Nevada

The average salary for Psychiatristss in Nevada is $195,010. While this is lower than the national average, the cost of living in Nevada may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $195,010 per year.
  • Growth Trend: Salaries have shifted 15.9% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $292,515.
  • Outlook: The current demand for Psychiatristss is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader Nevada economy.
2024 Market Data

Salary Overview

$195,010

The average Psychiatrists in Nevada earns-29.0%below the national average.

BreakdownBased on 40h/week
Hourly

$93.8

Weekly

$3,750

Monthly

$16,251

Psychiatrists Salary Distribution in Nevada

The earning potential for Psychiatristss in Nevada varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 5.5x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $53,120, while highly experienced professionals can command wages upwards of $292,515.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$53,120$25.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$146,258$70.3
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$202,860$97.5
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$243,763$117.2
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$292,515$140.6

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$195,010

Gross Pay

Real Wage (Purchasing Power)

$192,507

Adjusted for COL (101.3)

In Nevada, the Cost of Living Index is 101.3. This reduces your effective purchasing power from $195,010 to $192,507.

Job Market Context

60

Total Jobs

0.037

Per 1K Jobs

0.23

Location Quotient

Low Concentration

At 0.23x, Nevada has a notably lower concentration of Psychiatrists jobs than the national average. Opportunities in this area are relatively scarce for this profession.

60 people work as Psychiatrists in Nevada.

Only 0.037 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 Nevada?

The median annual salary for a Psychiatrists in Nevada is $195,010. This typically ranges from $53,120 for entry-level positions to $292,515 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Nevada is 29.0% lower than the national median of $274,560.

Is Nevada a good place for Psychiatristss?

It depends on your priorities. While the average Psychiatrists salary in Nevada is $195,010 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Nevada. See distinct detailed breakdown below.

Is Nevada a good place to live for Psychiatrists?

The Cost of Living Index in Nevada is 101.3. 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 60 employees in the Nevada area with a job density of 0.037 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 Nevada