The annual salary statistics of psychiatrists in Buffalo-Niagara Falls, New York is shown in Table 1. The wage data of psychiatrists in Buffalo-Niagara Falls 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 | $125,400 |
| 25th Percentile Wage | $158,730 |
| 50th Percentile Wage | $197,700 |
| 75th Percentile Wage | $200,880 |
| 90th Percentile Wage | $163,570 |
Table 1 shows the average annual salary for psychiatrists in Buffalo-Niagara Falls, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $163,570. The median (50th percentile) annual salary is $197,700. The average annual salary for the bottom 10 percent earners is $125,400.
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 | $197,700 | 3.75% | 26.55% |
| 2017 | $190,280 | 19.46% | - |
| 2016 | $153,260 | 7.52% | - |
| 2015 | $141,740 | 4.61% | - |
| 2014 | $135,210 | -4.93% | - |
| 2013 | $141,880 | -2.35% | - |
| 2012 | $145,210 | - | - |
From Table 3 we note that the median annual salary of $197,700 in Buffalo-Niagara Falls is in the middle of salary range for psychiatrists in state of New York. In comparison, the annual salary of psychiatrists in Buffalo-Niagara Falls is 2.6 percent (2.6%) lower than that in the highest paying Rochester and 20.1 percent (20.1%) higher than that in the lowest paying New York-White Plains-Wayne.
| Cities/Areas | Median Annual Salary |
|---|---|
| Rochester | |
| Syracuse | |
| New York-Northern New Jersey-Long Island | |
| Buffalo-Niagara Falls | |
| Central New York nonmetropolitan area | |
| Albany-Schenectady-Troy | |
| Kingston | |
| Binghamton | |
| Poughkeepsie-Newburgh-Middletown | |
| Utica-Rome | |
| Nassau-Suffolk | |
| Elmira | |
| New York-White Plains-Wayne |