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Average Psychiatrists Salary in Virginia Beach-Chesapeake-Norfolk, VA-NC

The average salary for a Psychiatrists in Virginia Beach-Chesapeake-Norfolk, VA-NC is $264,970. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $264,970 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $397,455.
  • Outlook: The current demand for Psychiatristss is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Virginia Beach-Chesapeake-Norfolk, VA-NC economy.
2024 Market Data

Salary Overview

$264,970

The average Psychiatrists in Virginia Beach-Chesapeake-Norfolk, VA-NC earns-3.5%below the national average.

BreakdownBased on 40h/week
Hourly

$127.4

Weekly

$5,096

Monthly

$22,081

Psychiatrists Salary Distribution in Virginia Beach-Chesapeake-Norfolk, VA-NC

The earning potential for Psychiatristss in Virginia Beach-Chesapeake-Norfolk, VA-NC 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 $124,980, while highly experienced professionals can command wages upwards of $397,455.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$124,980$60.1
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$198,728$95.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$264,971$127.4
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$331,213$159.2
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$397,455$191.1

Detailed Psychiatrists Market Analysis

Relocation Context

Nominal Salary

$264,970

Gross Pay

Real Wage (Purchasing Power)

$264,970

Adjusted for COL (100)

In Virginia Beach-Chesapeake-Norfolk, VA-NC, the Cost of Living Index is 100. This increases your effective purchasing power from $264,970 to $264,970.

Job Market Context

70

Total Jobs

0.099

Per 1K Jobs

0.62

Location Quotient

Below Average

Virginia Beach-Chesapeake-Norfolk, VA-NC has 0.62x the national average concentration of Psychiatrists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

70 people work as Psychiatrists in Virginia Beach-Chesapeake-Norfolk, VA-NC.

Only 0.099 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.
Richmond, VA Psychiatrists Salary$266,800 1%96 mi

Comparing salaries near Virginia Beach-Chesapeake-Norfolk, VA-NC

Hiring Psychiatristss?

Frequently Asked Questions

How much does a Psychiatrists make in Virginia Beach-Chesapeake-Norfolk, VA-NC?

The median annual salary for a Psychiatrists in Virginia Beach-Chesapeake-Norfolk, VA-NC is $264,970. This typically ranges from $124,980 for entry-level positions to $397,455 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Virginia Beach-Chesapeake-Norfolk, VA-NC is 3.5% lower than the national median of $274,560.

Is Virginia Beach-Chesapeake-Norfolk, VA-NC a good place for Psychiatristss?

It depends on your priorities. While the average Psychiatrists salary in Virginia Beach-Chesapeake-Norfolk, VA-NC is $264,970 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Virginia Beach-Chesapeake-Norfolk, VA-NC. See distinct detailed breakdown below.

Is Virginia Beach-Chesapeake-Norfolk, VA-NC a good place to live for Psychiatrists?

The Cost of Living Index in Virginia Beach-Chesapeake-Norfolk, VA-NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Virginia Beach-Chesapeake-Norfolk, VA-NC?

Some top paying nearby cities include Richmond, VA ($266,800) 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 70 employees in the Virginia Beach-Chesapeake-Norfolk, VA-NC area with a job density of 0.099 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.