Healthcare Memphis, TN
Pop. 633,104
Psychiatrist Salary in Memphis, Tennessee
The median psychiatrist salary in Memphis, TN is $224,954 per year, which is 12% below the national median and 3.3% below the Tennessee state average.
City Median
$224,954
vs State Avg
$-7,669
vs National
$-30,676
Cost of Living
86%
Psychiatrist Salary in Memphis by Experience
In Memphis, an entry-level psychiatrist earns around $110,000, while experienced professionals earn up to $338,800 per year. The local cost of living index is 86% of the national average.
Entry Level (0-2 yrs)
$110,000
$-15,000 vs national
Mid Level (3-7 yrs)
$227,040
$-30,960 vs national
Senior Level (8+ yrs)
$338,800
$-46,200 vs national
Salary Percentiles in Memphis, TN
| Percentile | Memphis |
|---|---|
| 10th Percentile | $105,600 |
| 25th Percentile | $154,000 |
| Median (50th) | $224,954 |
| 75th Percentile | $290,400 |
| 90th Percentile | $352,000 |
Psychiatrist Salary in Other Tennessee Cities
How to Become a Psychiatrist in Memphis
Education
Most psychiatrist positions require a doctoral degree. Memphis and the surrounding Tennessee 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 Memphis may vary based on local industry and population growth.