The annual salary statistics of psychiatrists in Chicago-Joliet-Naperville (IL-IN-WI Area), Illinois is shown in Table 1. The wage information of psychiatrists in Chicago-Joliet-Naperville (IL-IN-WI Area) 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 | $89,380 |
| 25th Percentile Wage | $196,560 |
| 50th Percentile Wage | $172,220 |
| 75th Percentile Wage | $186,130 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for psychiatrists in Chicago-Joliet-Naperville (IL-IN-WI Area), Illinois in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $186,130. The median (50th percentile) annual salary is $172,220. The average annual salary for the bottom 10 percent earners is $89,380.
The table and chart below show the trend of the median salary of psychiatrists from 2012 to 2016.
| Year | Median Salary | Yearly Growth | 4-Year Growth |
|---|---|---|---|
| 2016 | $172,220 | 18.15% | 18.47% |
| 2015 | $140,970 | 15.70% | - |
| 2014 | $118,840 | -13.91% | - |
| 2013 | $135,370 | -3.72% | - |
| 2012 | $140,410 | - | - |
From Table 3 we note that with a median annual salary of $172,220, Chicago-Joliet-Naperville (IL-IN-WI Area) is the second highest paying city for psychiatrists in state of Illinois, following the highest paying city Springfield (median annual salary of $182,900). Compared with Springfield, the median annual salary of psychiatrists in Chicago-Joliet-Naperville (IL-IN-WI Area) is 5.8 percent (5.8%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Springfield | |
| Chicago-Joliet-Naperville (IL-IN-WI Area) | |
| Chicago-Joliet-Naperville (IL Metropolitan Division) | |
| Rockford |