BLS Official Data · OEWS May 2025

Psychiatrists in Michigan

$272,010 / year · average (mean) annual wage
$130.77 per hour

▲ 0.8% above U.S. average19th of 46 states

Source: U.S. Bureau of Labor Statistics Dataset: OEWS May 2025 Published: May 2026 Coverage: All 50 States + DC
Average$272,010per year
Median$291,850per year
Hourly$130.77per hour
10th – 90th percentile$81,390 – $399,920per year

Psychiatrists Pay Range in Michigan

Pay distribution across experience levels

  • 10th Percentile — Entry Level$81,390
  • 25th Percentile — Junior$190,630
  • 50th Percentile — Median$291,850
  • 75th Percentile — Senior$364,230
  • 90th Percentile — Top Earners$399,920

Half of Psychiatrists in Michigan earn more than $291,850. The top 10% make $399,920 or more, while entry-level workers start around $81,390.

Psychiatrists in Michigan: Key Facts

Source: BLS OEWS May 2025

  • Michigan ranks 19th of 46 states for Psychiatrists pay, at $272,010 per year (0.8% above the U.S. average of $269,940).
  • 560 people work as Psychiatrists in Michigan — 2.0% of all U.S. Psychiatrists jobs.
  • Location quotient 0.71: Psychiatrists jobs are less concentrated in Michigan than in the U.S. overall.
  • Pay range: the lowest-paid 10% earn under $81,390; the top 10% earn over $399,920.
  • Hourly equivalent: $130.77 per hour (2,080 hours/year).
  • The highest-paying state is Missouri at $345,860.
  • Among healthcare jobs in Michigan, Surgeons All Other pays the most ($380,190).

Psychiatrists Job Market in Michigan

Key factors affecting compensation

Michigan's key industries are Automotive, Healthcare, Technology, and its job market is rated moderate. Psychiatrists here earn $272,010 on average, placing the state 19th nationally.

With a cost-of-living index of 0.9 (U.S. = 1.00), a Michigan salary of $272,010 is roughly equivalent to $302,233 at the national average cost of living.

Compared with nearby states in the pay ranking, Maine ($275,050), Iowa ($273,190), Virginia ($272,960) are the closest alternatives for Psychiatrists weighing a move.

U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025

Related career salary benchmarks

Frequently Asked Questions

Common questions about this salary

What is the average Psychiatrists salary in Michigan?

The average Psychiatrists salary in Michigan is $272,010 per year (median $291,850), which is 0.8% above the national average of $269,940.

How does Michigan rank for Psychiatrists pay?

Michigan ranks 19th out of 46 states. The highest-paying state is Missouri ($345,860/yr).

How much do entry-level Psychiatrists make in Michigan?

The lowest-paid 10% of Psychiatrists in Michigan earn about $81,390 per year and the 25th percentile is $190,630.

How much do Psychiatrists make per hour in Michigan?

About $130.77 per hour, based on the $272,010 annual average and 2,080 working hours per year.

How many Psychiatrists work in Michigan?

BLS counts 560 Psychiatrists jobs in Michigan (OEWS May 2025).

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