The annual salary statistics of psychiatrists in Boston-Cambridge-Quincy, Massachusetts is shown in Table 1. The wage data of psychiatrists in Boston-Cambridge-Quincy 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 | $62,290 |
| 25th Percentile Wage | $134,610 |
| 50th Percentile Wage | $179,480 |
| 75th Percentile Wage | No Data |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for psychiatrists in Boston-Cambridge-Quincy, Massachusetts in 5 percentile scales. The median (50th percentile) annual salary is $179,480. The average annual salary of the 25th percentile is $134,610. The average annual salary for the bottom 10 percent earners is $62,290.
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 |
|---|---|---|---|
| 2017 | $179,480 | 4.36% | 1.75% |
| 2016 | $171,660 | 1.05% | - |
| 2015 | $169,850 | -0.36% | - |
| 2014 | $170,460 | -4.96% | - |
| 2013 | $178,920 | 1.44% | - |
| 2012 | $176,340 | - | - |
From Table 3 we note that the median annual salary of $179,480 in Boston-Cambridge-Quincy is in the middle of salary range for psychiatrists in state of Massachusetts. In comparison, the annual salary of psychiatrists in Boston-Cambridge-Quincy is 9.9 percent (9.9%) lower than that in the highest paying Peabody and 20.4 percent (20.4%) higher than that in the lowest paying Massachusetts nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Peabody | |
| Springfield | |
| Boston-Cambridge-Quincy | |
| Brockton-Bridgewater-Easton | |
| Boston-Cambridge-Quincy | |
| Worcester | |
| Massachusetts nonmetropolitan area |