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Average Psychiatrists Salary in Raleigh-Cary, NC

The average salary for Psychiatristss in Raleigh-Cary, NC is $227,170. While this is lower than the national average, the cost of living in Raleigh-Cary, NC may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $227,170 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $340,755.
  • Outlook: The current demand for Psychiatristss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Raleigh-Cary, NC economy.
2024 Market Data

Salary Overview

$227,170

The average Psychiatrists in Raleigh-Cary, NC earns-17.3%below the national average.

BreakdownBased on 40h/week
Hourly

$109.2

Weekly

$4,369

Monthly

$18,931

Psychiatrists Salary Distribution in Raleigh-Cary, NC

The earning potential for Psychiatristss in Raleigh-Cary, NC varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $158,160, while highly experienced professionals can command wages upwards of $340,755.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$158,160$76
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$170,378$81.9
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$232,120$111.6
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$283,963$136.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$340,755$163.8

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$227,170

Gross Pay

Real Wage (Purchasing Power)

$227,170

Adjusted for COL (100)

In Raleigh-Cary, NC, the Cost of Living Index is 100. This increases your effective purchasing power from $227,170 to $227,170.

Job Market Context

50

Total Jobs

0.073

Per 1K Jobs

0.45

Location Quotient

Low Concentration

At 0.45x, Raleigh-Cary, NC has a notably lower concentration of Psychiatrists jobs than the national average. Opportunities in this area are relatively scarce for this profession.

50 people work as Psychiatrists in Raleigh-Cary, NC.

Only 0.073 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 Raleigh-Cary, NC?

The median annual salary for a Psychiatrists in Raleigh-Cary, NC is $227,170. This typically ranges from $158,160 for entry-level positions to $340,755 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Raleigh-Cary, NC is 17.3% lower than the national median of $274,560.

Is Raleigh-Cary, NC a good place for Psychiatristss?

It depends on your priorities. While the average Psychiatrists salary in Raleigh-Cary, NC is $227,170 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Raleigh-Cary, NC. See distinct detailed breakdown below.

Is Raleigh-Cary, NC a good place to live for Psychiatrists?

The Cost of Living Index in Raleigh-Cary, NC is 100. 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 50 employees in the Raleigh-Cary, NC area with a job density of 0.073 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 Raleigh-Cary, NC