Average Psychiatrists Salary in Salt Lake City-Murray, UT
Yes, Salt Lake City-Murray, UT is a highly lucrative market for Psychiatristss. With an average annual salary of $324,550, professionals here earn significantly more than the national norm.
Executive Summary
- Average Salary: $324,550 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $486,825.
- 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 Salt Lake City-Murray, UT economy.
Salary Overview
The average Psychiatrists in Salt Lake City-Murray, UT earns+18.2%above the national average.
$156
$6,241
$27,046
Psychiatrists Salary Trends (2020-2024)
Historical trend data for Psychiatrists in Salt Lake City-Murray, UT is limited, but current market signals indicate a stable demand environment.
Psychiatrists Salary Distribution in Salt Lake City-Murray, UT
The earning potential for Psychiatristss in Salt Lake City-Murray, UT 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 $230,010, while highly experienced professionals can command wages upwards of $486,825.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $230,010 | $110.6 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $243,413 | $117 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $324,563 | $156 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $405,688 | $195 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $486,825 | $234.1 |
Detailed Psychiatrists Market Analysis
Relocation Context
Nominal Salary
$324,550
Gross Pay
Real Wage (Purchasing Power)
$324,550
Adjusted for COL (100)
In Salt Lake City-Murray, UT, the Cost of Living Index is 100. This increases your effective purchasing power from $324,550 to $324,550.
Job Market Context
60
Total Jobs
0.068
Per 1K Jobs
0.42
Location Quotient
At 0.42x, Salt Lake City-Murray, UT has a notably lower concentration of Psychiatrists jobs than the national average. Opportunities in this area are relatively scarce for this profession.
60 people work as Psychiatrists in Salt Lake City-Murray, UT.
Only 0.068 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
| City | Salary | Dist. |
|---|---|---|
| Provo-Orem-Lehi, UT Psychiatrists Salary | $277,590↓ 14% | 40 mi |
Comparing salaries near Salt Lake City-Murray, UT
Hiring Psychiatristss?
Frequently Asked Questions
How much does a Psychiatrists make in Salt Lake City-Murray, UT?
The median annual salary for a Psychiatrists in Salt Lake City-Murray, UT is $324,550. This typically ranges from $230,010 for entry-level positions to $486,825 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Salt Lake City-Murray, UT is 18.2% higher than the national median of $274,560.
Is Salt Lake City-Murray, UT a good place for Psychiatristss?
Yes, Salt Lake City-Murray, UT is financially attractive for Psychiatristss. The average salary of $324,550 exceeds the national average. See distinct detailed breakdown below.
Is Salt Lake City-Murray, UT a good place to live for Psychiatrists?
The Cost of Living Index in Salt Lake City-Murray, UT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Salt Lake City-Murray, UT?
Some top paying nearby cities include Provo-Orem-Lehi, UT ($277,590) 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 60 employees in the Salt Lake City-Murray, UT area with a job density of 0.068 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Psychiatrists • Data source: BLS OEWS 2024 •Jobs in Salt Lake City-Murray, UT