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Psychiatrist Salary in Hartford, CT

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

Median Salary
$316,869
per year in Hartford
Entry Level
$180,040
Starting salary
Senior Level
$475,304
Experienced professionals
Cost of Living
113
13% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$180,040$316,869$475,304
Monthly$15,003$26,406$39,609
Biweekly$6,925$12,187$18,281
Weekly$3,462$6,094$9,140
Hourly$87$152$229

Hartford vs National Average

How Hartford's psychiatrist salaries compare to national figures.

Hartford Salary
$316,869
COL Index: 113
National Average
$237,640
COL Index: 100
Difference
+$79,229
Higher in Hartford

Cost of Living in Hartford

1-Bedroom Rent
$1,350
per month
Median Income
$40,182
per year
Population
121,054
residents
Rent % of Income
40.3%
median household
Cost of Living Index: 113 — A score of 100 represents the U.S. average. Salaries in Hartford 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
-28%
Los Angeles, CA
$504,937
+59%
Chicago, IL
$279,465
-12%
Houston, TX
$223,500
-29%
Phoenix, AZ
$237,046
-25%

Financial Tools to Explore

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Psychiatrist Salary in Hartford, CT — Complete Guide

Median Salary Overview

The median salary for a psychiatrist in Hartford, CT is $316,869 per year, adjusted for the local cost of living index of 113. This figure reflects typical earnings for experienced professionals in this role, considering Hartford's unique economic conditions.

Salary Range and Experience Levels

Entry-level psychiatrist professionals in Hartford can expect to earn around $180,040 annually. As professionals gain experience, salaries typically increase, with senior-level psychiatrists earning approximately $475,304 per year. This represents a 164% increase from entry to senior level.

Cost of Living Adjustment

Hartford's cost of living index of 113 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Hartford 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 Hartford typically goes toward housing. With a 1-bedroom apartment averaging $1,350 per month, housing represents about 5.1% 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 Hartford, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Data source: Salary estimates on this page are based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program, adjusted for regional cost of living differences. 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.