Psychiatrists Salary in Michigan
Median Salary
$291,850
per year
Hourly Rate
$140.31
per hour
Employment
560
in Michigan
vs. National Avg
+3.5%
National: $281,870
📊 Compared to the national median of $281,870, Michigan pays 3.5% MORE for Psychiatrists positions.
Purchasing Power
$316,197
cost-adjusted value
Cost of Living
92.3
8% below national avg
Rent/Income
5%
Affordable
Salary Distribution in Michigan
10th
$81,390
25th
$190,630
Median
$291,850
75th
$364,230
90th
$399,920
Data Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS).