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Average Psychiatrists Salary in Trenton-Princeton, NJ

The average salary for a Psychiatrists in Trenton-Princeton, NJ is $267,080. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Trenton-Princeton, NJ is a key hub for this profession, with a job concentration 1.97x higher than average.

Executive Summary

  • Average Salary: $267,080 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $400,620.
  • Outlook: The current demand for Psychiatristss is stable, with a local workforce of approximately 80 professionals. This role remains a specialized component of the broader Trenton-Princeton, NJ economy.
2024 Market Data

Salary Overview

$267,080

The average Psychiatrists in Trenton-Princeton, NJ earns-2.7%below the national average.

BreakdownBased on 40h/week
Hourly

$128.4

Weekly

$5,136

Monthly

$22,257

Psychiatrists Salary Distribution in Trenton-Princeton, NJ

The earning potential for Psychiatristss in Trenton-Princeton, NJ varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.0x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $133,690, while highly experienced professionals can command wages upwards of $400,620.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$133,690$64.3
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$200,310$96.3
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$267,093$128.4
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$333,850$160.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$400,620$192.6

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$267,080

Gross Pay

Real Wage (Purchasing Power)

$267,080

Adjusted for COL (100)

In Trenton-Princeton, NJ, the Cost of Living Index is 100. This increases your effective purchasing power from $267,080 to $267,080.

Job Market Context

80

Total Jobs

0.316

Per 1K Jobs

1.97

Location Quotient

Major Hub

Trenton-Princeton, NJ has 2.0x the national concentration of Psychiatrists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

80 people work as Psychiatrists in Trenton-Princeton, NJ.

Only 0.316 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

Comparing salaries near Trenton-Princeton, NJ

Hiring Psychiatristss?

Frequently Asked Questions

How much does a Psychiatrists make in Trenton-Princeton, NJ?

The median annual salary for a Psychiatrists in Trenton-Princeton, NJ is $267,080. This typically ranges from $133,690 for entry-level positions to $400,620 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Trenton-Princeton, NJ is 2.7% lower than the national median of $274,560.

Is Trenton-Princeton, NJ a good place for Psychiatristss?

Yes, Trenton-Princeton, NJ is highly recommended due to strong job demand. While salaries are competitive ($267,080), the area is particularly notable for its high job density for Psychiatristss. See distinct detailed breakdown below.

Is Trenton-Princeton, NJ a good place to live for Psychiatrists?

The Cost of Living Index in Trenton-Princeton, NJ is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Trenton-Princeton, NJ?

Some top paying nearby cities include Philadelphia-Camden-Wilmington, PA-NJ-DE-MD ($253,460) and New York-Newark-Jersey City, NY-NJ.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 80 employees in the Trenton-Princeton, NJ area with a job density of 0.316 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.