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Average Psychiatrists Salary in Phoenix-Mesa-Chandler, AZ

Psychiatrists in the Phoenix-Mesa-Chandler, AZ area earn an average annual salary of $269,530. This figure is slightly below the national average of $274,560, indicating a competitive but not exceptionally elevated compensation landscape. Local market dynamics, including demand and the specific healthcare needs of the region, likely influence this pay rate.

Executive Summary

  • Average Salary: $269,530 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $404,295.
  • Outlook: With a local workforce of 270 Psychiatrists and a Location Quotient of 0.72, the job market in Phoenix-Mesa-Chandler shows a slightly lower concentration compared to the national average. This suggests a stable demand for these specialized professionals, though perhaps not a rapidly expanding one, indicating a healthy but not overly saturated environment for new entrants.
2024 Market Data

Salary Overview

$269,530

The average Psychiatrists in Phoenix-Mesa-Chandler, AZ earns-1.8%below the national average.

BreakdownBased on 40h/week
Hourly

$129.6

Weekly

$5,183

Monthly

$22,461

Psychiatrists Salary Distribution in Phoenix-Mesa-Chandler, AZ

Salary progression for Psychiatrists in Phoenix-Mesa-Chandler, as elsewhere, is strongly tied to experience. Entry-level positions will command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn significantly more, potentially reaching the higher percentiles of the $269,530 average. The gap between entry-level and senior roles signifies substantial career growth opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$123,670$59.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$202,148$97.2
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$269,526$129.6
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$336,913$162
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$404,295$194.4

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$269,530

Gross Pay

Real Wage (Purchasing Power)

$269,530

Adjusted for COL (100)

The average annual salary of $269,530 in Phoenix-Mesa-Chandler aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Psychiatrist's salary in this metropolitan area is comparable to the national average, offering a balanced lifestyle without significant financial strain due to high living expenses.

Job Market Context

270

Total Jobs

0.116

Per 1K Jobs

0.72

Location Quotient

Below Average

Phoenix-Mesa-Chandler, AZ has 0.72x 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.

A Location Quotient of 0.72 indicates that Psychiatrists are slightly less concentrated in the Phoenix-Mesa-Chandler area compared to the national average. This suggests that while there is a consistent need for these professionals, the market is not saturated, potentially offering good opportunities for skilled individuals seeking employment without facing intense competition.

Nearby Job Markets

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Frequently Asked Questions

How much does a Psychiatrists make in Phoenix-Mesa-Chandler, AZ?

The median annual salary for a Psychiatrists in Phoenix-Mesa-Chandler, AZ is $269,530. This typically ranges from $123,670 for entry-level positions to $404,295 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Phoenix-Mesa-Chandler, AZ is 1.8% lower than the national median of $274,560.

Is Phoenix-Mesa-Chandler, AZ a lucrative place for Psychiatrists?

Yes, it offers a competitive salary.Psychiatrists in Phoenix-Mesa-Chandler earn a substantial average salary of $269,530, which is comparable to the national average cost of living. While slightly below the national average salary, it still represents a strong earning potential in a stable job market.

Is Phoenix-Mesa-Chandler, AZ a good place to live for Psychiatrists?

The Cost of Living Index in Phoenix-Mesa-Chandler, AZ is 100. While higher than average, this often correlates with higher wages.

How does the Phoenix-Mesa-Chandler salary compare to the national average?

The average annual salary for Psychiatrists in Phoenix-Mesa-Chandler is $269,530, which is slightly lower than the national average of $274,560.

What is the cost of living in Phoenix-Mesa-Chandler, AZ?

The cost of living index in Phoenix-Mesa-Chandler is 100, which is exactly the national average, indicating that living expenses are neither significantly higher nor lower than the rest of the country.

How many Psychiatrists work in the Phoenix-Mesa-Chandler area?

There are approximately 270 Psychiatrists employed within the Phoenix-Mesa-Chandler metropolitan area.

Is there high demand for Psychiatrists in Phoenix-Mesa-Chandler?

With a Location Quotient of 0.72, the concentration of Psychiatrists is slightly below the national average, suggesting a steady demand for these professionals in the region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Phoenix-Mesa-Chandler, AZ area with a job density of 0.116 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Phoenix-Mesa-Chandler, AZ

Semantic Salary Analysis for Psychiatrists • Data source: BLS OEWS 2024 •Jobs in Phoenix-Mesa-Chandler, AZ