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Job Salary Guide ยท 2026

Psychiatrist Salary After Tax in Biddeford

Based on BLS OEWS data ยท ME ยท Single filer

Rent: ComfortableCOL Index: 1.03

Psychiatrist Salary Range

25th Percentile

$180,000

Take-home:

$121,649

$10,137/mo

Entry to mid-level

Median

$226,000

Take-home:

$151,323

$12,610/mo

Typical salary

75th Percentile

$290,000

Take-home:

$188,029

$15,669/mo

Senior / specialist

Tax Breakdown

At median salary of $226,000

Gross Salary$226,000
Federal Tax(19.7%)โ€“$44,583
ME State Taxโ€“$15,665
Social Securityโ€“$10,918
Medicareโ€“$3,277
Annual Take-Home$151,323
$12,610Monthly
$5,820Bi-Weekly
33.04%Effective Rate

Cost of Living in Biddeford

Rent-to-income ratio (1BR)10.3% โ€” Comfortable

1BR Monthly Rent

$1,300/mo

2BR Monthly Rent

$1,620/mo

COL Index

1.03

Comfortable Rent Max

$3,152/mo

50 / 30 / 20 Budget Planner

Based on your monthly take-home of $12,610 ($151,320/yr)

Needs 50%Wants 30%Savings 20%
Needs50%

$6,305

per month

  • โ€บRent / mortgage
  • โ€บGroceries
  • โ€บUtilities
  • โ€บInsurance
  • โ€บMinimum debt payments
  • โ€บTransportation
Wants30%

$3,783

per month

  • โ€บDining out
  • โ€บStreaming services
  • โ€บGym
  • โ€บHobbies
  • โ€บTravel
  • โ€บShopping
Savings20%

$2,522

per month

  • โ€บEmergency fund
  • โ€บ401(k) / IRA
  • โ€บInvestments
  • โ€บDown payment fund
  • โ€บDebt payoff (extra)

Needs / year

$75,660

Wants / year

$45,396

Savings / year

$30,264

Frequently Asked Questions

What is the average Psychiatrist salary in Biddeford?

The median Psychiatrist salary in Biddeford (ME) is $226,000 per year based on BLS OEWS data. The 25th percentile is $180,000 and the 75th percentile is $290,000.

What is the take-home pay for a Psychiatrist in Biddeford?

At the median salary of $226,000, a Psychiatrist in ME takes home approximately $151,323 per year ($12,610/month) after federal and state taxes. The effective tax rate is 33.04%.

Can a Psychiatrist afford rent in Biddeford?

The average 1-bedroom rent in Biddeford is $1,300/month. On the median Psychiatrist salary, your rent-to-income ratio is 10.3%, which is "Comfortable". Financial experts recommend keeping rent below 25โ€“30% of take-home pay ($3,152/month at this salary).

How does cost of living affect Psychiatrist salaries in Biddeford?

Biddeford has a cost-of-living index of 1.03 (1.00 = national average). Biddeford is 3% more expensive than the US average, which reduces the real purchasing power of the Psychiatrist salary.