Healthcare Newark, NJ
Pop. 311,549
Psychiatrist Salary in Newark, New Jersey
The median psychiatrist salary in Newark, NJ is $299,087 per year, which is 17.0% above the national median and 2.5% below the New Jersey state average.
City Median
$299,087
vs State Avg
$-7,669
vs National
+$43,457
Cost of Living
112%
Psychiatrist Salary in Newark by Experience
In Newark, an entry-level psychiatrist earns around $146,250, while experienced professionals earn up to $450,450 per year. The local cost of living index is 112% of the national average.
Entry Level (0-2 yrs)
$146,250
+$21,250 vs national
Mid Level (3-7 yrs)
$301,860
+$43,860 vs national
Senior Level (8+ yrs)
$450,450
+$65,450 vs national
Salary Percentiles in Newark, NJ
| Percentile | Newark |
|---|---|
| 10th Percentile | $140,400 |
| 25th Percentile | $204,750 |
| Median (50th) | $299,087 |
| 75th Percentile | $386,100 |
| 90th Percentile | $468,000 |
Psychiatrist Salary in Other New Jersey Cities
How to Become a Psychiatrist in Newark
Education
Most psychiatrist positions require a doctoral degree. Newark and the surrounding New Jersey 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 Newark may vary based on local industry and population growth.