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Average Psychiatrists Salary in New Orleans-Metairie, LA

Yes, New Orleans-Metairie, LA is a highly lucrative market for Psychiatristss. With an average annual salary of $308,990, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $308,990 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $463,485.
  • 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 New Orleans-Metairie, LA economy.
2024 Market Data

Salary Overview

$308,990

The average Psychiatrists in New Orleans-Metairie, LA earns+12.5%above the national average.

BreakdownBased on 40h/week
Hourly

$148.6

Weekly

$5,942

Monthly

$25,749

Psychiatrists Salary Distribution in New Orleans-Metairie, LA

The earning potential for Psychiatristss in New Orleans-Metairie, LA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.3x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $141,230, while highly experienced professionals can command wages upwards of $463,485.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$141,230$67.9
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$231,743$111.4
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$309,005$148.6
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$386,238$185.7
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$463,485$222.8

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$308,990

Gross Pay

Real Wage (Purchasing Power)

$308,990

Adjusted for COL (100)

In New Orleans-Metairie, LA, the Cost of Living Index is 100. This increases your effective purchasing power from $308,990 to $308,990.

Job Market Context

40

Total Jobs

0.086

Per 1K Jobs

0.53

Location Quotient

Below Average

New Orleans-Metairie, LA has 0.53x 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.

40 people work as Psychiatrists in New Orleans-Metairie, LA.

Only 0.086 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 9%76 mi

Comparing salaries near New Orleans-Metairie, LA

Hiring Psychiatristss?

Frequently Asked Questions

How much does a Psychiatrists make in New Orleans-Metairie, LA?

The median annual salary for a Psychiatrists in New Orleans-Metairie, LA is $308,990. This typically ranges from $141,230 for entry-level positions to $463,485 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Orleans-Metairie, LA is 12.5% higher than the national median of $274,560.

Is New Orleans-Metairie, LA a good place for Psychiatristss?

Yes, New Orleans-Metairie, LA is financially attractive for Psychiatristss. The average salary of $308,990 exceeds the national average. See distinct detailed breakdown below.

Is New Orleans-Metairie, LA a good place to live for Psychiatrists?

The Cost of Living Index in New Orleans-Metairie, LA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New Orleans-Metairie, LA?

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 40 employees in the New Orleans-Metairie, LA area with a job density of 0.086 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.