Healthcare Rio Rancho, NM
Pop. 104,046
Psychiatrist Salary in Rio Rancho, New Mexico
The median psychiatrist salary in Rio Rancho, NM is $230,067 per year, which is 10% below the national median and 1.1% below the New Mexico state average.
City Median
$230,067
vs State Avg
$-2,556
vs National
$-25,563
Cost of Living
92%
Psychiatrist Salary in Rio Rancho by Experience
In Rio Rancho, an entry-level psychiatrist earns around $112,500, while experienced professionals earn up to $346,500 per year. The local cost of living index is 92% 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
Salary Percentiles in Rio Rancho, NM
| Percentile | Rio Rancho |
|---|---|
| 10th Percentile | $108,000 |
| 25th Percentile | $157,500 |
| Median (50th) | $230,067 |
| 75th Percentile | $297,000 |
| 90th Percentile | $360,000 |
Psychiatrist Salary in Other New Mexico Cities
How to Become a Psychiatrist in Rio Rancho
Education
Most psychiatrist positions require a doctoral degree. Rio Rancho and the surrounding New Mexico 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 Rio Rancho may vary based on local industry and population growth.