SOC 29-1223 · Binghamton, NY metro

Psychiatrists Salary in Binghamton, NY

The average salary for psychiatrists in Binghamton, New York is $234,770 a year ($112.87 an hour), according to BLS estimates for May 2025. The median is $273,380: half of the 30 people in this job in the Binghamton, NY metro area earn more than that, half earn less. That average is 13% less than the U.S. average for this job ($269,940).

$234,770average per year

$112.87 / hourMedian $273,380Take-home ≈ $160,049

  • $74K10th
  • $89K25th
  • $273KMedian
  • $307K75th
  • $321K90th

median average · bar = middle 50% of workers · how to read it

30people in this job
-13%vs U.S. average
#6 of 8New York metros
93cost of living (U.S. = 100)
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Psychiatrists pay range in Binghamton

New workers and the lowest-paid 10% earn about $73,860 a year or less, while the top 10% make $320,970 or more. The middle half of psychiatrists in Binghamton earn between $89,370 and $306,970.

  • $74K10th
  • $89K25th
  • $273KMedian
  • $307K75th
  • $321K90th

median average · bar = middle 50% of workers · how to read it

Pay levelPer yearPer monthPer hour*
Average$234,770$19,564$112.87
Median$273,380$22,782$131.43
Entry level (25th percentile)$89,370$7,448$42.97
Experienced (75th percentile)$306,970$25,581$147.58

*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.

Psychiatrists pay in Binghamton vs. New York and the U.S.

Psychiatrists in Binghamton earn 7% less than the New York average ($252,840) and 13% less than the U.S. average ($269,940). At the median the gap is -3% against the U.S. median of $281,870.

AreaAverageMedian10th pct.90th pct.Jobs
Binghamton$234,770$273,380$73,860$320,97030
New York$252,840$265,890$86,120$443,3404,130
United States$269,940$281,870$84,060$446,52027,980

State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.

Psychiatrists salary after taxes in Binghamton

On the average salary of $234,770, a single filer in Binghamton takes home about $160,049 a year, or $13,337 a month and $6,156 every two weeks. Taxes take 32% of gross pay.

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). New York City (up to 3.876%) and Yonkers income taxes are not included.

New York paycheck calculator: try your own salary

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Is Binghamton a good place for psychiatrists? Pay vs. cost of living

Prices in the Binghamton area are 7% below the U.S. average (BEA price parity 92.9), so the average $234,770 buys what about $252,813 would buy in a typical U.S. metro. This job pays 5.5 times the median wage of all jobs in Binghamton ($49,460). A typical home costs $198,435, or 0.8 years of this average salary before tax.

See what $234,770 is worth in another city

Psychiatrists salary in other New York cities

Binghamton ranks 6th of 8 New York metro areas for this job; Kiryas Joel pays the most ($299,880).

All Psychiatrists salaries in New York

Highest-paying cities for psychiatrists

Miami, FL pays this job the most of the metro areas we cover ($378,670).

Psychiatrists salary by city

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Reviewed before it counts. Psychiatrists in Binghamton, NY.

Psychiatrists salary in Binghamton: questions

How much do psychiatrists make an hour in Binghamton?

$112.87 an hour on average, and $131.43 at the median (BLS, May 2025).

What is the entry-level psychiatrists salary in Binghamton?

The lowest-paid 10% earn about $73,860 a year and the 25th percentile is $89,370, a fair guide to starting pay.

What is the psychiatrists take-home pay in Binghamton?

About $160,049 a year ($13,337 a month) for a single filer on the average salary of $234,770. New York City (up to 3.876%) and Yonkers income taxes are not included.

Do psychiatrists earn more in Binghamton than elsewhere?

The average here is 13% less than the U.S. average for this job ($269,940).

Sources and how to read this page

  • Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 29-1223; area Binghamton, NY (13780). Relative standard error of the mean wage: 5.7%.
  • U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
  • Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
  • Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
  • Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). New York City (up to 3.876%) and Yonkers income taxes are not included.
  • Job concentration: location quotient 1.98, this job is 2.0 times as concentrated as in the U.S. overall.

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