The annual salary statistics of psychiatrists in Philadelphia, Pennsylvania is shown in Table 1. The wage information of psychiatrists in Philadelphia 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 | $56,830 |
| 25th Percentile Wage | $63,900 |
| 50th Percentile Wage | $147,850 |
| 75th Percentile Wage | No Data |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for psychiatrists in Philadelphia, Pennsylvania in 5 percentile scales. The median (50th percentile) annual salary is $147,850. The average annual salary of the 25th percentile is $63,900. The average annual salary for the bottom 10 percent earners is $56,830.
The table and chart below show the trend of the median salary of psychiatrists from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 4-Year Growth |
|---|---|---|---|
| 2017 | $147,850 | -0.07% | -20.63% |
| 2016 | $147,950 | -2.50% | - |
| 2015 | $151,650 | -15.35% | - |
| 2014 | $174,930 | -1.96% | - |
| 2013 | $178,350 | - | - |
From Table 3 we note that the median annual salary of $147,850 in Philadelphia is in the middle of salary range for psychiatrists in state of Pennsylvania. In comparison, the annual salary of psychiatrists in Philadelphia is 27.4 percent (27.4%) lower than that in the highest paying Far Western Pennsylvania nonmetropolitan area and 55.7 percent (55.7%) higher than that in the lowest paying Harrisburg-Carlisle.