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Average Psychiatrists Salary in Oxnard-Thousand Oaks-Ventura, CA

Yes, Oxnard-Thousand Oaks-Ventura, CA is a highly lucrative market for Psychiatristss. With an average annual salary of $331,290, professionals here earn significantly more than the national norm. Notably, Oxnard-Thousand Oaks-Ventura, CA is a key hub for this profession, with a job concentration 1.22x higher than average.

Executive Summary

  • Average Salary: $331,290 per year.
  • Growth Trend: Salaries have shifted 6.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $496,935.
  • 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 Oxnard-Thousand Oaks-Ventura, CA economy.
2024 Market Data

Salary Overview

$331,290

The average Psychiatrists in Oxnard-Thousand Oaks-Ventura, CA earns+20.7%above the national average.

BreakdownBased on 40h/week
Hourly

$159.3

Weekly

$6,371

Monthly

$27,608

Psychiatrists Salary Distribution in Oxnard-Thousand Oaks-Ventura, CA

The earning potential for Psychiatristss in Oxnard-Thousand Oaks-Ventura, CA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 6.3x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $79,020, while highly experienced professionals can command wages upwards of $496,935.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$79,020$38
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$248,468$119.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$331,302$159.3
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$414,113$199.1
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$496,935$238.9

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$331,290

Gross Pay

Real Wage (Purchasing Power)

$331,290

Adjusted for COL (100)

In Oxnard-Thousand Oaks-Ventura, CA, the Cost of Living Index is 100. This increases your effective purchasing power from $331,290 to $331,290.

Job Market Context

60

Total Jobs

0.196

Per 1K Jobs

1.22

Location Quotient

Above Average

With a location quotient of 1.22, Oxnard-Thousand Oaks-Ventura, CA has a slightly higher-than-average concentration of Psychiatrists roles compared to the national norm.

60 people work as Psychiatrists in Oxnard-Thousand Oaks-Ventura, CA.

Only 0.196 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 Oxnard-Thousand Oaks-Ventura, CA

Hiring Psychiatristss?

Frequently Asked Questions

How much does a Psychiatrists make in Oxnard-Thousand Oaks-Ventura, CA?

The median annual salary for a Psychiatrists in Oxnard-Thousand Oaks-Ventura, CA is $331,290. This typically ranges from $79,020 for entry-level positions to $496,935 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Oxnard-Thousand Oaks-Ventura, CA is 20.7% higher than the national median of $274,560.

Is Oxnard-Thousand Oaks-Ventura, CA a good place for Psychiatristss?

Yes, Oxnard-Thousand Oaks-Ventura, CA is an excellent location for Psychiatristss. It offers both higher-than-average salaries ($331,290) and a high concentration of job opportunities. See distinct detailed breakdown below.

Is Oxnard-Thousand Oaks-Ventura, CA a good place to live for Psychiatrists?

The Cost of Living Index in Oxnard-Thousand Oaks-Ventura, CA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Oxnard-Thousand Oaks-Ventura, CA?

Some top paying nearby cities include Los Angeles-Long Beach-Anaheim, CA ($348,540) and Bakersfield-Delano, CA.

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 Oxnard-Thousand Oaks-Ventura, CA area with a job density of 0.196 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.