📊 BLS Official Data · May 2025 Release

Psychiatrists Salary in Michigan (2026)

Michigan · 10.0% below national average · Medium Demand

Average
$258,912
per year
Median
$236,205
per year
Hourly
$124.48
per hour
📅 Dataset: OES May 2025
🔄 Published: May 2026
📍 Coverage: All 50 States + DC
📊
Salary Range & Percentiles
Pay distribution across experience levels
10th Percentile — Entry Level$103,656
25th Percentile — Junior$163,033
50th Percentile — Median$236,205
75th Percentile — Senior$296,630
90th Percentile — Top Earners$354,839
💡 Top-earning Psychiatristss in Michigan make up to $354,839 per year. The job market in Michigan is rated moderate, with key industries including Automotive, Healthcare, Technology.
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Salary Growth Trend (2021–2026)
Six-year compensation trajectory
$210.8k
2021
$219.6k
2022
$228.8k
2023
$238.5k
2024
$248.5k
2025
$258.9k
2026
📈 Psychiatrists salaries in Michigan have followed the national trend with 4.2% annual growth. The strong presence in Michigan's job market supports continued salary increases.
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Psychiatrists Salary by City in Michigan
Geographic salary comparison
CityAvg Salaryvs NationalDemand
Grand Rapids $235,610 -9.0% Medium
🔍
Psychiatrists Job Market in Michigan
Key factors affecting compensation

Michigan is home to a moderate job market for Psychiatristss. The state's key industries — Automotive, Healthcare, Technology — generate significant demand for skilled professionals. At $258,912 per year, Michigan's Psychiatrists salaries are 10.0% lower than the national average.

The cost of living in Michigan (index: 0.9) makes salaries stretch further than in higher-cost states. Entry-level professionals in Michigan can expect to earn $103,656–$163,033, while experienced Psychiatristss can command $296,630–$354,839.

Looking ahead, the Psychiatrists profession in Michigan is projected to grow at 4.2% annually. Major employers are actively hiring, and the state's investment in Automotive continues to drive new opportunities for qualified candidates.

🏛️ U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
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Compare with Similar Jobs
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Frequently Asked Questions
Common questions about this salary
  • The average Psychiatrists salary in Michigan is $258,912 per year in 2026, which is 10.0% below the national average of $287,680.
  • Major metro areas typically pay Psychiatristss the highest wages in Michigan due to higher costs of living and competitive job markets.
  • Michigan has a moderate job market with major industries in Automotive, Healthcare, Technology. Opportunities exist in for Psychiatrists employment.
  • At $258,912/year, Michigan Psychiatrists salaries are 10.0% lower than the national average of $287,680/year.