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Psychiatrist Salary in Sidney, OH

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

Median Salary
$163,116
per year in Sidney
Entry Level
$92,680
Starting salary
Senior Level
$244,674
Experienced professionals
Cost of Living
78
22% below national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$92,680$163,116$244,674
Monthly$7,723$13,593$20,390
Biweekly$3,565$6,274$9,411
Weekly$1,782$3,137$4,705
Hourly$45$78$118

Sidney vs National Average

How Sidney's psychiatrist salaries compare to national figures.

Sidney Salary
$163,116
COL Index: 78
National Average
$237,640
COL Index: 100
Difference
-$74,524
Lower in Sidney

Cost of Living in Sidney

1-Bedroom Rent
$620
per month
Median Income
$42,234
per year
Population
20,480
residents
Rent % of Income
17.6%
median household
Cost of Living Index: 78 — A score of 100 represents the U.S. average. Salaries in Sidney 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
+41%
Los Angeles, CA
$504,937
+210%
Chicago, IL
$279,465
+71%
Houston, TX
$223,500
+37%
Phoenix, AZ
$237,046
+45%

Financial Tools to Explore

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Psychiatrist Salary in Sidney, OH — Complete Guide

Median Salary Overview

The median salary for a psychiatrist in Sidney, OH is $163,116 per year, adjusted for the local cost of living index of 78. This figure reflects typical earnings for experienced professionals in this role, considering Sidney's unique economic conditions.

Salary Range and Experience Levels

Entry-level psychiatrist professionals in Sidney can expect to earn around $92,680 annually. As professionals gain experience, salaries typically increase, with senior-level psychiatrists earning approximately $244,674 per year. This represents a 164% increase from entry to senior level.

Cost of Living Adjustment

Sidney's cost of living index of 78 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Sidney 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 Sidney typically goes toward housing. With a 1-bedroom apartment averaging $620 per month, housing represents about 4.6% 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 Sidney, 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.