Psychiatrists Salary
The median pay for a psychiatrists in Ann Arbor, MI is $92,840/year ($44.63/hour), per BLS data. The range runs from $81K at the entry level to $356K for experienced workers. Note: the mean (average) wage is $185K, significantly higher than the median. This typically reflects a mix of employment settings including academic and private practice positions. Adjusted for local prices (RPP 100.88), that's roughly $92,030 in purchasing power. Rent on a 2-bedroom averages $1,656/month, or 28.2% of estimated take-home pay.
So what does $93K get you in Ann Arbor?
Groceries, utilities, transportation, and healthcare scaled from national averages by Ann Arbor’s Regional Price Parity (100.88). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About psychiatrists
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What this looks like in Ann Arbor
Pay for psychiatrists in Ann Arbor runs about 67% below the U.S. median of $282K. Rent runs $1,656/month for a 2-bedroom (HUD FMR), taking 28.5% of the median take-home. That's within the 30% rule, though not by much. Cost of living (RPP 100.88) is near the national average, so spending patterns here track the typical American budget fairly closely. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for psychiatrists in metros near Ann Arbor, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Detroit-Warren-Dearborn | $339K | $338K |
| Grand Rapids-Wyoming-Kentwood | $225K | $236K |
| Indianapolis-Carmel-Greenwood | $283K | $295K |
| Milwaukee-Waukesha | $332K | $342K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Ann Arbor, MI
Entry-level psychiatrists (10th percentile) start around $81K. Mid-career wages sit at $93K. Top earners bring in $356K or more, a $275K spread from bottom to top.
Psychiatrists pay across states
Median income ranked highest to lowest, compared to the national figure
View Psychiatrists salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| California | $354K | +25% | 5,420 |
| Louisiana | $345K | +22% | 90 |
| Alaska | $342K | +21% | 50 |
| Minnesota | $336K | +19% | 580 |
| Wisconsin | $331K | +17% | 550 |
| Connecticut | $327K | +16% | 560 |
| Florida | $316K | +12% | 1,930 |
| Oregon | $315K | +12% | 430 |
| Missouri | $313K | +11% | 240 |
| Maryland | $305K | +8% | 460 |
| Washington | $305K | +8% | 360 |
| Vermont | $303K | +7% | 80 |
| Maine | $300K | +6% | 80 |
| Utah | $300K | +6% | 260 |
| Iowa | $295K | +5% | 170 |
| Virginia | $295K | +5% | 370 |
| Michigan | $292K | +4% | 560 |
| Hawaii | $290K | +3% | 170 |
| Rhode Island | $288K | +2% | 270 |
| Indiana | $284K | +1% | 410 |
| Delaware | $279K | -1% | 100 |
| Pennsylvania | $279K | -1% | 830 |
| Kansas | $278K | -1% | 60 |
| Oklahoma | $272K | -4% | 80 |
| Colorado | $266K | -5% | 270 |
| New York | $266K | -6% | 4,130 |
| Illinois | $259K | -8% | 870 |
| Arizona | $250K | -11% | 380 |
| New Hampshire | $246K | -13% | 90 |
| Ohio | $245K | -13% | 690 |
| Kentucky | $238K | -16% | 160 |
| Georgia | $237K | -16% | 470 |
| South Carolina | $237K | -16% | 200 |
| Texas | $228K | -19% | 1,690 |
| New Mexico | $228K | -19% | N/A |
| South Dakota | $226K | -20% | 60 |
| Tennessee | $215K | -24% | 410 |
| Mississippi | $214K | -24% | 110 |
| Nevada | $210K | -25% | 90 |
| New Jersey | $194K | -31% | 1,290 |
| District of Columbia | $183K | -35% | 310 |
| North Carolina | $169K | -40% | 620 |
| Nebraska | $135K | -52% | 180 |
| Arkansas | $125K | -56% | 150 |
| Idaho | $75K | -73% | 110 |
| West Virginia | $63K | -78% | 90 |
Showing 1–10 of 46 states with published data
BLS does not publish data for every state when sample sizes are too small
Track psychiatrists salary changes
BLS updates this data quarterly. We'll email you when Ann Arbor numbers change.
Related careers in Healthcare
Frequently asked questions
Can a psychiatrist afford a 2BR apartment alone in Ann Arbor?
Yes — at the median salary of $93K, rent takes 28.5% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,656/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for psychiatrists in Ann Arbor?
The 10th-percentile wage — what new psychiatrists typically earn — is $81K/year. Take-home on that works out to about $4,883/month. At HUD’s $1,656/month FMR, rent would take 34% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is psychiatrist a high-paying job in Ann Arbor?
Local pay runs 67% below the national median — $93K here vs. $282K nationally.
How does Ann Arbor compare to the national average for psychiatrists?
Ann Arbor pays $93K median vs. the U.S. average of $282K — that’s -67%. After adjusting for local cost of living (RPP 100.88), the purchasing-power equivalent is $92K — below the national median.
How much do psychiatrists make in Ann Arbor, MI?
The median is $92,840 a year, that works out to about $45 an hour. But the range is wide: entry-level workers start around $81,390, and experienced psychiatrists can clear $356,310. The mean (average) is $184,820, reflecting that some workers earn substantially more. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $93K enough to live in Ann Arbor?
On that salary, you'd take home roughly $5,813/month after taxes. A 2-bedroom here rents for about $1,656/month, which eats 28.5% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a psychiatrists salary go in Ann Arbor?
Ann Arbor has a Regional Price Parity of 100.88 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median psychiatrists salary is worth about $92,030 in national-average purchasing power.
Where do psychiatrists get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.