Healthcare Michigan (MI) Rank #36 of 50

Psychiatrist Salary in Michigan

The median psychiatrist salary in Michigan is $230,067 per year, which is 10% below the national median of $255,630.

Median Salary
$230,067
vs National
$-25,563
State Rank
#36 of 50
Cost of Living
90%

Psychiatrist Salary Overview in Michigan (2026)

Michigan ranks #36 out of 50 states for psychiatrist compensation. Psychiatrist salaries in Michigan are below the national median, though the lower cost of living can offset the difference. At $230,067 per year, psychiatrists in Michigan earn $25,563 less than the national median of $255,630.

A key advantage of working in Michigan is its below-average cost of living (90% of the national index). This means the $230,067 salary has the purchasing power of roughly $255,630 in an average-cost area.

The salary spread in Michigan is significant: psychiatrists at the 10th percentile earn $108,000, while those at the 90th percentile bring home $360,000 — a $252,000 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Michigan for this role is Ann Arbor, where the median reaches $268,412.

Nationally, psychiatrist employment is projected to grow 7% over the next decade (faster than average). This steady growth indicates stable demand for psychiatrists across the country.

Psychiatrist Salary in Michigan by Experience

In Michigan, an entry-level psychiatrist earns around $112,500, while experienced professionals earn up to $346,500 per year. The cost of living index in Michigan is 90% of the national average.

Entry Level (0-2 yrs)
$112,500
$-12,500 vs national
Mid Level (3-7 yrs)
$232,200
$-25,800 vs national
Senior Level (8+ yrs)
$346,500
$-38,500 vs national

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Salary Percentiles in Michigan

Percentile MI Salary
10th Percentile $108,000
25th Percentile $157,500
Median (50th) $230,067
75th Percentile $297,000
90th Percentile $360,000

Psychiatrist Salary by City in Michigan

The largest employment areas for psychiatrists in Michigan include Detroit, Grand Rapids, Ann Arbor, and Warren. Salaries vary by city based on local cost of living and demand.

How to Become a Psychiatrist in Michigan

Education

Most psychiatrist positions require a doctoral degree. Michigan has several accredited institutions offering relevant programs.

Key Skills

PsychiatryPsychopharmacologyCBT/DBTDiagnosisPatient AssessmentDocumentation

Job Outlook in Michigan

Nationally, psychiatrist employment is projected to grow 7% over the next decade (faster than average). Michigan's demand may vary based on local industry trends.

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Frequently Asked Questions: Psychiatrist Salary in Michigan

How much does a Psychiatrist make in Michigan? ▼
The median psychiatrist salary in Michigan is $230,067 per year, which is 10% below the national median of $255,630. Salaries range from $108,000 (10th percentile) to $360,000 (90th percentile).
How much does a Psychiatrist make per hour in Michigan? ▼
Based on the median annual salary of $230,067, a psychiatrist in Michigan earns approximately $111 per hour assuming a standard 2,080-hour work year.
Is Michigan a good state for psychiatrists? ▼
Michigan ranks #36 out of 50 states for psychiatrist pay. The cost of living index is 90% of the national average. Entry-level psychiatrists earn $112,500, while senior professionals earn $346,500.
How does Michigan compare to other states for psychiatrist salary? ▼
The highest paying state for psychiatrists is Hawaii at $455,021. Michigan's median of $230,067 ranks #36 nationally. Nearby-ranked states include Tennessee ($232,623) and Indiana ($230,067).
What is the entry-level psychiatrist salary in Michigan? ▼
An entry-level psychiatrist in Michigan earns approximately $112,500 per year. With 3-7 years of experience, pay increases to around $232,200. Senior-level professionals with 8+ years earn up to $346,500.
What city in Michigan pays psychiatrists the most? ▼
Ann Arbor is the highest paying city in Michigan for psychiatrists, with a median salary of $268,412. Other cities include Detroit and Grand Rapids.