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Psychiatrist Salary in Summerville, SC

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

Median Salary
$193,914
per year in Summerville
Entry Level
$110,179
Starting salary
Senior Level
$290,871
Experienced professionals
Cost of Living
96
4% below national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$110,179$193,914$290,871
Monthly$9,182$16,160$24,239
Biweekly$4,238$7,458$11,187
Weekly$2,119$3,729$5,594
Hourly$53$93$140

Summerville vs National Average

How Summerville's psychiatrist salaries compare to national figures.

Summerville Salary
$193,914
COL Index: 96
National Average
$237,640
COL Index: 100
Difference
-$43,726
Lower in Summerville

Cost of Living in Summerville

1-Bedroom Rent
$1,150
per month
Median Income
$62,340
per year
Population
53,643
residents
Rent % of Income
22.1%
median household
Cost of Living Index: 96 — A score of 100 represents the U.S. average. Salaries in Summerville 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
+160%
Chicago, IL
$279,465
+44%
Houston, TX
$223,500
+15%
Phoenix, AZ
$237,046
+22%

Financial Tools to Explore

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Psychiatrist Salary in Summerville, SC — Complete Guide

Median Salary Overview

The median salary for a psychiatrist in Summerville, SC is $193,914 per year, adjusted for the local cost of living index of 96. This figure reflects typical earnings for experienced professionals in this role, considering Summerville's unique economic conditions.

Salary Range and Experience Levels

Entry-level psychiatrist professionals in Summerville can expect to earn around $110,179 annually. As professionals gain experience, salaries typically increase, with senior-level psychiatrists earning approximately $290,871 per year. This represents a 164% increase from entry to senior level.

Cost of Living Adjustment

Summerville's cost of living index of 96 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Summerville 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 Summerville typically goes toward housing. With a 1-bedroom apartment averaging $1,150 per month, housing represents about 7.1% 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 Summerville, 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.