Healthcare Roswell, NM Pop. 48,422

Psychiatrist Salary in Roswell, New Mexico

The median psychiatrist salary in Roswell, NM is $204,504 per year, which is 20% below the national median and 12.1% below the New Mexico state average.

City Median
$204,504
vs State Avg
$-28,119
vs National
$-51,126
Cost of Living
82%

Psychiatrist Pay in Roswell: What to Expect (2026)

Roswell offers a median psychiatrist salary of $204,504, which is $28,119 below the New Mexico state average of $232,623. Compared to the national median of $255,630, Roswell pays below the national benchmark for this role.

One of Roswell's biggest advantages is its low cost of living at 82% of the national average. This means the $204,504 salary stretches further here — equivalent to roughly $249,395 in an average-cost city. This makes Roswell an attractive option for psychiatrists seeking strong real-dollar compensation.

The salary range for psychiatrists in Roswell spans from $96,000 at the 10th percentile to $320,000 at the 90th percentile — a $224,000 spread. Entry-level professionals start around $100,000, while senior psychiatrists with 8+ years of experience can earn up to $308,000. Roswell is a smaller market (pop. 48,422), which may mean fewer openings but also less competition for available positions.

Psychiatrist Salary in Roswell by Experience

In Roswell, an entry-level psychiatrist earns around $100,000, while experienced professionals earn up to $308,000 per year. The local cost of living index is 82% of the national average.

Entry Level (0-2 yrs)
$100,000
$-25,000 vs national
Mid Level (3-7 yrs)
$206,400
$-51,600 vs national
Senior Level (8+ yrs)
$308,000
$-77,000 vs national

Salary Percentiles in Roswell, NM

Percentile Roswell
10th Percentile $96,000
25th Percentile $140,000
Median (50th) $204,504
75th Percentile $264,000
90th Percentile $320,000

Psychiatrist Salary in Other New Mexico Cities

Santa Fe, NM
$276,080
Pop. 87,505
Albuquerque, NM
$237,736
Pop. 564,559
Rio Rancho, NM
$230,067
Pop. 104,046
Las Cruces, NM
$219,842
Pop. 111,385

How to Become a Psychiatrist in Roswell

Education

Most psychiatrist positions require a doctoral degree. Roswell 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 Roswell may vary based on local industry and population growth.

Find Psychiatrist Jobs in Roswell

Browse open psychiatrist positions in Roswell, NM:

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Frequently Asked Questions: Psychiatrist Salary in Roswell

How much does a Psychiatrist make in Roswell, NM? ▼
The median psychiatrist salary in Roswell, New Mexico is $204,504 per year, which is 20% below the national median of $255,630. Salaries range from $96,000 (10th percentile) to $320,000 (90th percentile).
How much does a Psychiatrist make per hour in Roswell? ▼
Based on the median annual salary of $204,504, a psychiatrist in Roswell earns approximately $98 per hour assuming a standard 2,080-hour work year.
How does Roswell compare to the New Mexico state average for psychiatrist pay? ▼
Roswell's median psychiatrist salary of $204,504 is 12.1% below the New Mexico state average of $232,623. The local cost of living index is 82% of the national average.
What is the cost of living in Roswell, NM? ▼
Roswell has a cost of living index of 82% compared to the national average. This means a psychiatrist salary of $204,504 in Roswell has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a psychiatrist in Roswell? ▼
Most psychiatrist positions in Roswell 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.