Psychiatrist vs Psychologist

Psychiatrists earn $170,300 more than psychologists on average (199.6% higher). Compare salaries, skills, education, and career outlook side by side.

Psychiatrist
$255,630
median salary
Psychologist
$85,330
median salary

Salary Comparison

Metric Psychiatrist Psychologist
Median Salary $255,630 $85,330
Mean Salary $270,400 $96,350
Entry Level $125,000 $52,000
Mid Level $258,000 $88,000
Senior Level $385,000 $145,000
10th Percentile $120,000 $48,000
90th Percentile $400,000 $155,000

Career Details

Psychiatrist Healthcare

Psychiatrists diagnose and treat mental health disorders using medication management, psychotherapy, and other approaches.

Education Doctoral degree
Growth Rate 7% (faster than average)
Total Employed 27,500

Key Skills

PsychiatryPsychopharmacologyCBT/DBTDiagnosisPatient AssessmentDocumentation

Typical Duties

  • Diagnose mental health disorders
  • Prescribe psychiatric medications
  • Provide psychotherapy
  • Develop treatment plans
  • Consult with other providers
Psychologist Healthcare

Psychologists diagnose and treat mental health conditions and conduct research on cognitive and emotional functioning.

Education Doctoral degree
Growth Rate 6% (faster than average)
Total Employed 192,300

Key Skills

PsychotherapyPsychological AssessmentCBT/DBTResearch MethodsClinical DocumentationEthics

Typical Duties

  • Assess mental health disorders
  • Provide psychotherapy
  • Develop treatment plans
  • Conduct psychological testing
  • Research human behavior

Top 5 Paying States

Summary: Psychiatrist vs Psychologist

Psychiatrists earn a median salary of $255,630 compared to $85,330 for psychologists — a difference of $170,300 (199.6%). Psychiatrist also has stronger job growth at 7% vs 6%.