The annual salary statistics of psychiatrists in Knoxville, Tennessee is shown in Table 1. The wage data of psychiatrists in Knoxville 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 | $174,270 |
| 25th Percentile Wage | $182,570 |
| 50th Percentile Wage | $196,400 |
| 75th Percentile Wage | $203,000 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for psychiatrists in Knoxville, Tennessee in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $203,000. The median (50th percentile) annual salary is $196,400. The average annual salary for the bottom 10 percent earners is $174,270.
The table and chart below show the trend of the median salary of psychiatrists from 2012 to 2018. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $196,400 | 2.89% | 11.71% |
| 2017 | $190,720 | 9.08% | - |
| 2012 | $173,400 | - | - |
From Table 3 we note that with a median annual salary of $196,400, Knoxville is the highest paying city for psychiatrists in state of Tennessee, followed by Nashville-Davidson--Murfreesboro--Franklin (median annual salary $193,480). In comparison, the median annual salary of psychiatrists in Knoxville is 1.5 percent (1.5%) higher than that in Nashville-Davidson--Murfreesboro--Franklin.
| Cities/Areas | Median Annual Salary |
|---|---|
| Knoxville | |
| Nashville-Davidson--Murfreesboro--Franklin | |
| Eastern Tennessee nonmetropolitan area | |
| Memphis |