Psychiatrists Salary in Grand Rapids-Wyoming-Kentwood, MI
The median pay for a psychiatrists in Grand Rapids-Wyoming-Kentwood, MI is $217,050/year ($104.35/hour), per BLS data. Entry-level workers start around $105K. (BLS did not publish a top-end figure for this area.) Adjusted for local prices (RPP 95.55), that's roughly $227,159 in purchasing power. Rent on a 2-bedroom averages $1,519/month, or 11.8% of estimated take-home pay.
AffordMap analysis of BLS Occupational Employment and Wage Statistics (latest release, May 2024)
So what does $217K get you in Grand Rapids-Wyoming-Kentwood?
About psychiatrists
Compensation breakdown
Annual earnings by percentile, Grand Rapids-Wyoming-Kentwood, MI
Entry-level psychiatrists (10th percentile) start around $105K. Mid-career wages sit at $217K.BLS did not publish 90th percentile data for this occupation in this area (sample size too small).
Psychiatrists pay across states
Median income ranked highest to lowest, compared to the national figure
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Delaware | $237K | +23% | 80 |
| Kentucky | $230K | +19% | 200 |
| Nebraska | $229K | +19% | N/A |
| Georgia | $229K | +19% | 460 |
| New York | $229K | +19% | 3,850 |
| Massachusetts | $221K | +15% | 1,210 |
| New Hampshire | $211K | +10% | 110 |
| Hawaii | $203K | +6% | 120 |
| Nevada | $203K | +5% | 60 |
| Arkansas | $195K | +2% | 90 |
| Mississippi | $195K | +1% | 100 |
| District of Columbia | $193K | +1% | 240 |
| Tennessee | $166K | -13% | 300 |
| Alaska | $141K | -27% | 40 |
| South Carolina | $136K | -30% | 120 |
Track psychiatrists salary changes
BLS updates this data quarterly. We'll email you when Grand Rapids-Wyoming-Kentwood numbers change.
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Frequently asked questions
How much do psychiatrists make in Grand Rapids-Wyoming-Kentwood, MI?
The median is $217,050 a year - that works out to about $104.35 an hour. The range is wide: entry-level workers start around $104,770. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $217K enough to live in Grand Rapids-Wyoming-Kentwood?
On that salary, you'd take home roughly $12,657/month after taxes. A 2-bedroom here rents for about $1,519/month (HUD Fair Market Rent), which eats 12% 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 Grand Rapids-Wyoming-Kentwood?
Grand Rapids-Wyoming-Kentwood has a Regional Price Parity of 95.55 (100 is the national average). That's below average - your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median psychiatrists salary is worth about $227,159 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.