Healthcare Covington, KY
Pop. 40,961
Psychiatrist Salary in Covington, Kentucky
The median psychiatrist salary in Covington, KY is $224,954 per year, which is 12% below the national median and 1.1% above the Kentucky state average.
City Median
$224,954
vs State Avg
+$2,556
vs National
$-30,676
Cost of Living
88%
Psychiatrist Salary in Covington by Experience
In Covington, an entry-level psychiatrist earns around $110,000, while experienced professionals earn up to $338,800 per year. The local cost of living index is 88% of the national average.
Entry Level (0-2 yrs)
$110,000
$-15,000 vs national
Mid Level (3-7 yrs)
$227,040
$-30,960 vs national
Senior Level (8+ yrs)
$338,800
$-46,200 vs national
Salary Percentiles in Covington, KY
| Percentile | Covington |
|---|---|
| 10th Percentile | $105,600 |
| 25th Percentile | $154,000 |
| Median (50th) | $224,954 |
| 75th Percentile | $290,400 |
| 90th Percentile | $352,000 |
Psychiatrist Salary in Other Kentucky Cities
How to Become a Psychiatrist in Covington
Education
Most psychiatrist positions require a doctoral degree. Covington and the surrounding Kentucky area have institutions offering relevant programs.
Key Skills
PsychiatryPsychopharmacologyCBT/DBTDiagnosisPatient AssessmentDocumentation
Job Outlook
Nationally, psychiatrist employment is projected to grow 7% over the next decade (faster than average). Demand in Covington may vary based on local industry and population growth.