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.

Find Psychiatrist Jobs in Newark

Browse open psychiatrist positions in Newark, NJ:

Frequently Asked Questions: Psychiatrist Salary in Newark

How much does a Psychiatrist make in Newark, NJ?
The median psychiatrist salary in Newark, New Jersey is $299,087 per year, which is 17.0% above the national median of $255,630. Salaries range from $140,400 (10th percentile) to $468,000 (90th percentile).
How much does a Psychiatrist make per hour in Newark?
Based on the median annual salary of $299,087, a psychiatrist in Newark earns approximately $144 per hour assuming a standard 2,080-hour work year.
How does Newark compare to the New Jersey state average for psychiatrist pay?
Newark's median psychiatrist salary of $299,087 is 2.5% below the New Jersey state average of $306,756. The local cost of living index is 112% of the national average.
What is the cost of living in Newark, NJ?
Newark has a cost of living index of 112% compared to the national average. This means a psychiatrist salary of $299,087 in Newark has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a psychiatrist in Newark?
Most psychiatrist positions in Newark require a doctoral degree. Key skills include Psychiatry, Psychopharmacology, CBT/DBT, Diagnosis. The job market is projected to grow 7% nationally over the next decade.