The annual salary statistics of psychiatrists in Detroit-Warren-Livonia, Michigan is shown in Table 1. The wage data of psychiatrists in Detroit-Warren-Livonia 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 | $140,940 |
| 25th Percentile Wage | $154,640 |
| 50th Percentile Wage | $191,470 |
| 75th Percentile Wage | No Data |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for psychiatrists in Detroit-Warren-Livonia, Michigan in 5 percentile scales. The median (50th percentile) annual salary is $191,470. The average annual salary of the 25th percentile is $154,640. The average annual salary for the bottom 10 percent earners is $140,940.
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 | $191,470 | 13.55% | 8.94% |
| 2017 | $165,520 | 13.00% | - |
| 2016 | $144,000 | -11.73% | - |
| 2015 | $160,890 | 17.41% | - |
| 2014 | $132,880 | -39.85% | - |
| 2013 | $185,830 | 6.17% | - |
| 2012 | $174,360 | - | - |
From Table 3 we note that with a median annual salary of $191,470, Detroit-Warren-Livonia is the second highest paying city for psychiatrists in state of Michigan, following the highest paying city Grand Rapids-Wyoming (median annual salary of $205,210). Compared with Grand Rapids-Wyoming, the median annual salary of psychiatrists in Detroit-Warren-Livonia is 6.7 percent (6.7%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Grand Rapids-Wyoming | |
| Detroit-Warren-Livonia | |
| Ann Arbor | |
| Lansing-East Lansing | |
| Detroit-Livonia-Dearborn | |
| Warren-Troy-Farmington Hills | |
| Balance of Lower Peninsula of Michigan nonmetropolitan area |