The average annual and hourly salaries for psychiatrists in the state of Michigan are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of psychiatrists among Michigan cities is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 .
|Percentile Bracket||Average Annual Salary|
|10th Percentile Wage||$97,560|
|25th Percentile Wage||$145,310|
|50th Percentile Wage||$183,920|
|75th Percentile Wage||No Data|
|90th Percentile Wage||No Data|
Table 1 shows the average annual salary for psychiatrists in Michigan in 5 percentile scales. The median (50th percentile) annual salary is $183,920. The average annual salary of the 25th percentile is $145,310. The average annual salary for the bottom 10 percent is $97,560.
The table and chart below show the trend of the median salary of psychiatrists from 2012 to 2017.
|Year||Median Salary||Yearly Growth||5-Year Growth|
Table 3 shows the median annual salary of psychiatrists in some Michigan cities and metropolitan areas. We note that the median annual salary of psychiatrists in state of Michigan ranges from $99,630 to $205,210. The highest paying area for psychiatrists in Michigan is Grand Rapids-Wyoming with a median annual salary of $205,210. The second highest paying city/area in Michigan State is Lansing-East Lansing (mean annual salary $199,310). The lowest paying area is Balance of Lower Peninsula of Michigan nonmetropolitan area with a median annual salary of $99,630.
|Cities/Areas||Median Annual Salary|
|Grand Rapids-Wyoming|| |
|Lansing-East Lansing|| |
|Ann Arbor|| |
|Warren-Troy-Farmington Hills|| |
|Balance of Lower Peninsula of Michigan nonmetropolitan area|| |