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Average Psychiatrists Salary in Reading, PA

The average salary for a Psychiatrists in Reading, PA is $278,270. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Reading, PA is a key hub for this profession, with a job concentration 1.4x higher than average.

Executive Summary

  • Average Salary: $278,270 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $417,405.
  • 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 Reading, PA economy.
2024 Market Data

Salary Overview

$278,270

The average Psychiatrists in Reading, PA earns+1.4%above the national average.

BreakdownBased on 40h/week
Hourly

$133.8

Weekly

$5,351

Monthly

$23,189

Psychiatrists Salary Distribution in Reading, PA

The earning potential for Psychiatristss in Reading, PA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.2x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $128,490, while highly experienced professionals can command wages upwards of $417,405.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$128,490$61.8
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$208,703$100.3
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$278,262$133.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$347,838$167.2
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$417,405$200.7

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$278,270

Gross Pay

Real Wage (Purchasing Power)

$278,270

Adjusted for COL (100)

In Reading, PA, the Cost of Living Index is 100. This increases your effective purchasing power from $278,270 to $278,270.

Job Market Context

40

Total Jobs

0.225

Per 1K Jobs

1.4

Location Quotient

Above Average

With a location quotient of 1.40, Reading, PA has a slightly higher-than-average concentration of Psychiatrists roles compared to the national norm.

40 people work as Psychiatrists in Reading, PA.

Only 0.225 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.
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Psychiatrists Salary$253,460↓ 9%48 mi

Comparing salaries near Reading, PA

Hiring Psychiatristss?

Frequently Asked Questions

How much does a Psychiatrists make in Reading, PA?

The median annual salary for a Psychiatrists in Reading, PA is $278,270. This typically ranges from $128,490 for entry-level positions to $417,405 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Reading, PA is 1.4% higher than the national median of $274,560.

Is Reading, PA a good place for Psychiatristss?

Yes, Reading, PA is an excellent location for Psychiatristss. It offers both higher-than-average salaries ($278,270) and a high concentration of job opportunities. See distinct detailed breakdown below.

Is Reading, PA a good place to live for Psychiatrists?

The Cost of Living Index in Reading, PA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Reading, PA?

Some top paying nearby cities include Philadelphia-Camden-Wilmington, PA-NJ-DE-MD ($253,460) 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 Reading, PA area with a job density of 0.225 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 Reading, PA