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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.

Find Psychiatrist Jobs in Memphis

Browse open psychiatrist positions in Memphis, TN:

Frequently Asked Questions: Psychiatrist Salary in Memphis

How much does a Psychiatrist make in Memphis, TN?
The median psychiatrist salary in Memphis, Tennessee is $224,954 per year, which is 12% below the national median of $255,630. Salaries range from $105,600 (10th percentile) to $352,000 (90th percentile).
How much does a Psychiatrist make per hour in Memphis?
Based on the median annual salary of $224,954, a psychiatrist in Memphis earns approximately $108 per hour assuming a standard 2,080-hour work year.
How does Memphis compare to the Tennessee state average for psychiatrist pay?
Memphis's median psychiatrist salary of $224,954 is 3.3% below the Tennessee state average of $232,623. The local cost of living index is 86% of the national average.
What is the cost of living in Memphis, TN?
Memphis has a cost of living index of 86% compared to the national average. This means a psychiatrist salary of $224,954 in Memphis has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a psychiatrist in Memphis?
Most psychiatrist positions in Memphis 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.