The annual salary statistics of psychiatrists in Grand Rapids-Wyoming, Michigan is shown in Table 1. The wage statistics of psychiatrists in Grand Rapids-Wyoming 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 | $81,270 |
| 25th Percentile Wage | $120,140 |
| 50th Percentile Wage | $205,210 |
| 75th Percentile Wage | No Data |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for psychiatrists in Grand Rapids-Wyoming, Michigan in 5 percentile scales. The median (50th percentile) annual salary is $205,210. The average annual salary of the 25th percentile is $120,140. The average annual salary for the bottom 10 percent earners is $81,270.
The table and chart below show the trend of the median salary of psychiatrists from 2012 to 2016. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 4-Year Growth |
|---|---|---|---|
| 2016 | $205,210 | 9.25% | 9.25% |
| 2012 | $186,220 | - | - |
From Table 3 we note that with a median annual salary of $205,210, Grand Rapids-Wyoming is the highest paying city for psychiatrists in state of Michigan, followed by Detroit-Warren-Livonia (median annual salary $191,470). In comparison, the median annual salary of psychiatrists in Grand Rapids-Wyoming is 6.7 percent (6.7%) higher than that in Detroit-Warren-Livonia.
| 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 |