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Average Psychiatrists Salary in Roanoke, VA

The average salary for a Psychiatrists in Roanoke, VA is $275,040. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Roanoke, VA is a key hub for this profession, with a job concentration 1.32x higher than average.

Executive Summary

  • Average Salary: $275,040 per year.
  • Growth Trend: Salaries have shifted 31.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $412,560.
  • 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 Roanoke, VA economy.
2024 Market Data

Salary Overview

$275,040

The average Psychiatrists in Roanoke, VA earns+0.2%above the national average.

BreakdownBased on 40h/week
Hourly

$132.2

Weekly

$5,289

Monthly

$22,920

Psychiatrists Salary Distribution in Roanoke, VA

The earning potential for Psychiatristss in Roanoke, VA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.3x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $124,790, while highly experienced professionals can command wages upwards of $412,560.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$124,790$60
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$206,280$99.2
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$275,038$132.2
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$343,800$165.3
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$412,560$198.3

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$275,040

Gross Pay

Real Wage (Purchasing Power)

$275,040

Adjusted for COL (100)

In Roanoke, VA, the Cost of Living Index is 100. This increases your effective purchasing power from $275,040 to $275,040.

Job Market Context

30

Total Jobs

0.212

Per 1K Jobs

1.32

Location Quotient

Above Average

With a location quotient of 1.32, Roanoke, VA has a slightly higher-than-average concentration of Psychiatrists roles compared to the national norm.

30 people work as Psychiatrists in Roanoke, VA.

Only 0.212 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 Roanoke, VA?

The median annual salary for a Psychiatrists in Roanoke, VA is $275,040. This typically ranges from $124,790 for entry-level positions to $412,560 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Roanoke, VA is 0.2% higher than the national median of $274,560.

Is Roanoke, VA a good place for Psychiatristss?

Yes, Roanoke, VA is an excellent location for Psychiatristss. It offers both higher-than-average salaries ($275,040) and a high concentration of job opportunities. See distinct detailed breakdown below.

Is Roanoke, VA a good place to live for Psychiatrists?

The Cost of Living Index in Roanoke, VA 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 30 employees in the Roanoke, VA area with a job density of 0.212 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.