Psychiatrists Salary
The median pay for a psychiatrists in Mississippi is $213,680/year ($102.73/hour), per BLS data. The range runs from $61K at the entry level to $340K for experienced workers. Cost of living is below average (RPP 88.9), which stretches that salary to about $240,360 in buying power. Rent on a 2-bedroom averages $1,077/month, or 8.5% of estimated take-home pay.
Statewide average. This is an aggregate across all of Mississippi. BLS does not publish metro-level data for this occupation in this state.
So what does $214K get you in Mississippi?
About psychiatrists
Sponsored links, AffordMap may earn a commission at no cost to you. Learn more
What this looks like in Mississippi
Pay for psychiatrists in Mississippi runs about 24% below the U.S. median of $282K. Housing is manageable: a 2-bedroom at the HUD median costs $1,077/month, 8.7% of take-home, well inside the 30% guideline. Regional Price Parity sits at 88.9 (national = 100), meaning everyday costs run about 11% cheaper here. Your dollar stretches further than the headline salary suggests. Lower pay, lower costs, Mississippi can be a reasonable trade-off for psychiatristss who value affordability over top-dollar markets.
Compensation breakdown
Annual earnings by percentile, Mississippi
Entry-level psychiatrists (10th percentile) start around $61K. Mid-career wages sit at $214K. Top earners bring in $340K or more, a $278K spread from bottom to top.
Compare to other states
Track psychiatrists salary changes
BLS updates this data quarterly. We'll email you when Mississippi numbers change.
Related careers in Healthcare
Frequently asked questions
Can a psychiatrist afford a 2BR apartment alone in Mississippi?
Yes — at the median salary of $214K, rent takes 8.7% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,077/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for psychiatrists in Mississippi?
The 10th-percentile wage — what new psychiatrists typically earn — is $61K/year. Take-home on that works out to about $3,683/month. At HUD’s $1,077/month FMR, rent would take 29% of that take-home — manageable on an entry-level income.
Is psychiatrist a high-paying job in Mississippi?
Local pay runs 24% below the national median — $214K here vs. $282K nationally. Cost of living is 11% below the national average, which narrows that gap in real purchasing power.
How does Mississippi compare to the national average for psychiatrists?
Mississippi pays $214K median vs. the U.S. average of $282K — that’s -24%. After adjusting for local cost of living (RPP 88.9), the purchasing-power equivalent is $240K — below the national median.
How much do psychiatrists make in Mississippi?
The median is $213,680 a year, that works out to about $103 an hour. But the range is wide: entry-level workers start around $61,380, and experienced psychiatrists can clear $339,790. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $214K enough to live in Mississippi?
On that salary, you'd take home roughly $12,405/month after taxes. A 2-bedroom here rents for about $1,077/month, which eats 8.7% 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 Mississippi?
Mississippi has a Regional Price Parity of 88.9 (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 $240,360 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.