The annual salary statistics of psychiatrists in Little Rock-North Little Rock-Conway, Arkansas is shown in Table 1. The wage statistics of psychiatrists in Little Rock-North Little Rock-Conway is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $59,030 |
| 25th Percentile Wage | $77,730 |
| 50th Percentile Wage | $164,470 |
| 75th Percentile Wage | $60,220 |
| 90th Percentile Wage | $71,000 |
Table 1 shows the average annual salary for psychiatrists in Little Rock-North Little Rock-Conway, Arkansas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $71,000. The median (50th percentile) annual salary is $164,470. The average annual salary for the bottom 10 percent earners is $59,030.
The table and chart below show the trend of the median salary of psychiatrists from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $164,470 | 66.83% | 12.17% |
| 2015 | $54,550 | 2.18% | - |
| 2014 | $53,360 | 1.31% | - |
| 2013 | $52,660 | -174.33% | - |
| 2012 | $144,460 | - | - |
From Table 3 we note that with a median annual salary of $164,470, Little Rock-North Little Rock-Conway is the highest paying city for psychiatrists in state of Arkansas, followed by East Arkansas nonmetropolitan area (median annual salary $112,060). In comparison, the median annual salary of psychiatrists in Little Rock-North Little Rock-Conway is 31.9 percent (31.9%) higher than that in East Arkansas nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Little Rock-North Little Rock-Conway | |
| East Arkansas nonmetropolitan area | |
| Central Arkansas nonmetropolitan area |