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Average Psychiatrists Salary in North Dakota

Yes, North Dakota is a highly lucrative market for Psychiatristss. With an average annual salary of $343,680, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $343,680 per year.
  • Growth Trend: Salaries have shifted 19.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $515,520.
  • Outlook: The current demand for Psychiatristss is stable, with a local workforce of approximately 30 professionals. This role remains a specialized component of the broader North Dakota economy.
2024 Market Data

Salary Overview

$343,680

The average Psychiatrists in North Dakota earns+25.2%above the national average.

BreakdownBased on 40h/week
Hourly

$165.2

Weekly

$6,609

Monthly

$28,640

Psychiatrists Salary Distribution in North Dakota

The earning potential for Psychiatristss in North Dakota varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.5x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $204,440, while highly experienced professionals can command wages upwards of $515,520.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$204,440$98.3
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$257,760$123.9
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$343,678$165.2
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$429,600$206.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$515,520$247.8

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$343,680

Gross Pay

Real Wage (Purchasing Power)

$365,228

Adjusted for COL (94.1)

This is a financial "Hidden Gem". Although the nominal salary is $343,680, the lower cost of living in North Dakota (5.9% below national average) boosts your purchasing power to an equivalent of $365,228. This allows for significant savings.

Job Market Context

30

Total Jobs

0.081

Per 1K Jobs

0.51

Location Quotient

Below Average

North Dakota 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.

30 people work as Psychiatrists in North Dakota.

Only 0.081 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 North Dakota?

The median annual salary for a Psychiatrists in North Dakota is $343,680. This typically ranges from $204,440 for entry-level positions to $515,520 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in North Dakota is 25.2% higher than the national median of $274,560.

Is North Dakota a good place for Psychiatristss?

Yes, North Dakota is financially attractive for Psychiatristss. The average salary of $343,680 exceeds the national average. See distinct detailed breakdown below.

Is North Dakota a good place to live for Psychiatrists?

With a Cost of Living Index of 94.1 (lower than the national average of 100), your salary goes further here.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 30 employees in the North Dakota area with a job density of 0.081 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.