Home / City Job Salaries / Psychiatrist in Jackson

Psychiatrist Salary in Jackson, MS

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

Median Salary
$195,210
per year in Jackson
Entry Level
$110,915
Starting salary
Senior Level
$292,815
Experienced professionals
Cost of Living
90
10% below national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$110,915$195,210$292,815
Monthly$9,243$16,268$24,401
Biweekly$4,266$7,508$11,262
Weekly$2,133$3,754$5,631
Hourly$53$94$141

Jackson vs National Average

How Jackson's psychiatrist salaries compare to national figures.

Jackson Salary
$195,210
COL Index: 90
National Average
$237,640
COL Index: 100
Difference
-$42,430
Lower in Jackson

Cost of Living in Jackson

1-Bedroom Rent
$1,100
per month
Median Income
$47,234
per year
Population
150,437
residents
Rent % of Income
27.9%
median household
Cost of Living Index: 90 — A score of 100 represents the U.S. average. Salaries in Jackson 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
+18%
Los Angeles, CA
$504,937
+159%
Chicago, IL
$279,465
+43%
Houston, TX
$223,500
+14%
Phoenix, AZ
$237,046
+21%

Financial Tools to Explore

Use these Pulsafi calculators to understand your finances based on a psychiatrist salary in Jackson.

Salary Breakdown Calculator

See exactly how your salary breaks down into taxes and take-home pay.

Cost of Living Calculator

Understand your expenses and purchasing power in Jackson.

Budget Calculator

Create a personalized budget based on your income and expenses.

Rent vs Buy Calculator

Compare the true costs of renting versus buying in Jackson.

Psychiatrist Salary in Jackson, MS — Complete Guide

Median Salary Overview

The median salary for a psychiatrist in Jackson, MS is $195,210 per year, adjusted for the local cost of living index of 90. This figure reflects typical earnings for experienced professionals in this role, considering Jackson's unique economic conditions.

Salary Range and Experience Levels

Entry-level psychiatrist professionals in Jackson can expect to earn around $110,915 annually. As professionals gain experience, salaries typically increase, with senior-level psychiatrists earning approximately $292,815 per year. This represents a 164% increase from entry to senior level.

Cost of Living Adjustment

Jackson's cost of living index of 90 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Jackson 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 Jackson typically goes toward housing. With a 1-bedroom apartment averaging $1,100 per month, housing represents about 6.8% 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 Jackson, 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.