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

Santa Fe, NM
$276,080
Pop. 87,505
Albuquerque, NM
$237,736
Pop. 564,559
Las Cruces, NM
$219,842
Pop. 111,385
Roswell, NM
$204,504
Pop. 48,422

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.

Find Psychiatrist Jobs in Rio Rancho

Browse open psychiatrist positions in Rio Rancho, NM:

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Frequently Asked Questions: Psychiatrist Salary in Rio Rancho

How much does a Psychiatrist make in Rio Rancho, NM? ▼
The median psychiatrist salary in Rio Rancho, New Mexico 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 Rio Rancho? ▼
Based on the median annual salary of $230,067, a psychiatrist in Rio Rancho earns approximately $111 per hour assuming a standard 2,080-hour work year.
How does Rio Rancho compare to the New Mexico state average for psychiatrist pay? ▼
Rio Rancho's median psychiatrist salary of $230,067 is 1.1% below the New Mexico state average of $232,623. The local cost of living index is 92% of the national average.
What is the cost of living in Rio Rancho, NM? ▼
Rio Rancho has a cost of living index of 92% compared to the national average. This means a psychiatrist salary of $230,067 in Rio Rancho has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a psychiatrist in Rio Rancho? ▼
Most psychiatrist positions in Rio Rancho 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.