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Psychiatrist Salary in Garland, TX

How much does a psychiatrist make in Garland? Explore median, entry-level, and senior salaries adjusted for Garland's cost of living.

Median Salary
$210,580
per year in Garland
Entry Level
$119,648
Starting salary
Senior Level
$315,870
Experienced professionals
Cost of Living
103
3% above national avg

Salary Breakdown by Experience Level

See how psychiatrist salaries break down across different pay periods in Garland.

PeriodEntry LevelMedianSenior
Annual$119,648$210,580$315,870
Monthly$9,971$17,548$26,323
Biweekly$4,602$8,099$12,149
Weekly$2,301$4,050$6,074
Hourly$58$101$152

Garland vs National Average

How Garland's psychiatrist salaries compare to national figures.

Garland Salary
$210,580
COL Index: 103
National Average
$237,640
COL Index: 100
Difference
-$27,060
Lower in Garland

Cost of Living in Garland

1-Bedroom Rent
$1,350
per month
Median Income
$59,234
per year
Population
239,928
residents
Rent % of Income
27.3%
median household
Cost of Living Index: 103 — A score of 100 represents the U.S. average. Salaries in Garland have been adjusted to account for local cost differences.

About Psychiatrist

Overview

Diagnose and treat mental health conditions and provide medication management.

Education

Medical degree plus psychiatry residency training

Key Skills

Mental Health ExpertisePatient CareMedication ManagementTherapy

Growth Rate

Expected job growth: +17% over the next decade

Compare Cities: Psychiatrist Salary

See Psychiatrist salaries in other top cities.

New York, NY
$229,630
+9%
Los Angeles, CA
$504,937
+140%
Chicago, IL
$279,465
+33%
Houston, TX
$223,500
+6%
Phoenix, AZ
$237,046
+13%

Financial Tools to Explore

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Psychiatrist Salary in Garland, TX — Complete Guide

Median Salary Overview

The median salary for a psychiatrist in Garland, TX is $210,580 per year, adjusted for the local cost of living index of 103. This figure reflects typical earnings for experienced professionals in this role, considering Garland's unique economic conditions.

Salary Range and Experience Levels

Entry-level psychiatrist professionals in Garland can expect to earn around $119,648 annually. As professionals gain experience, salaries typically increase, with senior-level psychiatrists earning approximately $315,870 per year. This represents a 164% increase from entry to senior level.

Cost of Living Adjustment

Garland's cost of living index of 103 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Garland are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $237,640, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a psychiatrist's salary in Garland typically goes toward housing. With a 1-bedroom apartment averaging $1,350 per month, housing represents about 7.7% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Psychiatrists are in growing demand across the United States, with an expected job growth of 17% over the next decade. In Garland, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.