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Psychiatrist Salary in Tacoma, WA

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

Median Salary
$348,665
per year in Tacoma
Entry Level
$198,106
Starting salary
Senior Level
$522,998
Experienced professionals
Cost of Living
131
31% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$198,106$348,665$522,998
Monthly$16,509$29,055$43,583
Biweekly$7,619$13,410$20,115
Weekly$3,810$6,705$10,058
Hourly$95$168$251

Tacoma vs National Average

How Tacoma's psychiatrist salaries compare to national figures.

Tacoma Salary
$348,665
COL Index: 131
National Average
$237,640
COL Index: 100
Difference
+$111,025
Higher in Tacoma

Cost of Living in Tacoma

1-Bedroom Rent
$1,900
per month
Median Income
$62,345
per year
Population
220,778
residents
Rent % of Income
36.6%
median household
Cost of Living Index: 131 — A score of 100 represents the U.S. average. Salaries in Tacoma 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
-34%
Los Angeles, CA
$504,937
+45%
Chicago, IL
$279,465
-20%
Houston, TX
$223,500
-36%
Phoenix, AZ
$237,046
-32%

Financial Tools to Explore

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Psychiatrist Salary in Tacoma, WA — Complete Guide

Median Salary Overview

The median salary for a psychiatrist in Tacoma, WA is $348,665 per year, adjusted for the local cost of living index of 131. This figure reflects typical earnings for experienced professionals in this role, considering Tacoma's unique economic conditions.

Salary Range and Experience Levels

Entry-level psychiatrist professionals in Tacoma can expect to earn around $198,106 annually. As professionals gain experience, salaries typically increase, with senior-level psychiatrists earning approximately $522,998 per year. This represents a 164% increase from entry to senior level.

Cost of Living Adjustment

Tacoma's cost of living index of 131 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Tacoma 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 Tacoma typically goes toward housing. With a 1-bedroom apartment averaging $1,900 per month, housing represents about 6.5% 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 Tacoma, 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.