Healthcare

Psychiatrist Salary

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

Median Salary
$255,630
Mean Salary
$270,400
Total Employed
27,500
Job Growth
+7%

Psychiatrist Salary by Experience Level

Entry-level psychiatrists earn around $125,000 per year, while mid-career professionals earn $258,000. Senior-level psychiatrists can earn $385,000 or more.

Entry Level (0-2 yrs)
$125,000
Mid Level (3-7 yrs)
$258,000
Senior Level (8+ yrs)
$385,000

Salary Percentile Breakdown

The salary range for psychiatrists varies significantly. The bottom 10% earn $120,000, while the top 10% earn $400,000.

Percentile Annual Salary
10th Percentile $120,000
25th Percentile $175,000
50th Percentile (Median) $255,630
75th Percentile $330,000
90th Percentile $400,000

Psychiatrist Salary by State

Psychiatrist salaries vary significantly by state due to cost of living, demand, and industry concentration. The highest paying state is Hawaii at $455,021, while Mississippi offers the lowest at $207,060.

State Median
#1 Hawaii $455,021 Details →
#2 California $373,220 Details →
#3 Massachusetts $365,551 Details →
#4 Alaska $329,763 Details →
#5 New York $324,650 Details →
#6 New Jersey $306,756 Details →
#7 Washington $304,200 Details →
#8 Connecticut $296,531 Details →
#9 Maryland $291,418 Details →
#10 Oregon $286,306 Details →
#11 New Hampshire $276,080 Details →
#12 Rhode Island $276,080 Details →
#13 Colorado $273,524 Details →
#14 Virginia $270,968 Details →
#15 Delaware $263,299 Details →
#16 Vermont $263,299 Details →
#17 Minnesota $258,186 Details →
#18 Florida $255,630 Details →
#19 Maine $255,630 Details →
#20 Nevada $253,074 Details →
#21 Pennsylvania $253,074 Details →
#22 Arizona $247,961 Details →
#23 Illinois $247,961 Details →
#24 Utah $247,961 Details →
#25 Texas $240,292 Details →
#26 Wisconsin $240,292 Details →
#27 Georgia $237,736 Details →
#28 Montana $237,736 Details →
#29 Idaho $235,180 Details →
#30 North Carolina $235,180 Details →
#31 Ohio $235,180 Details →
#32 Louisiana $232,623 Details →
#33 New Mexico $232,623 Details →
#34 Tennessee $232,623 Details →
#35 Indiana $230,067 Details →
#36 Michigan $230,067 Details →
#37 Nebraska $230,067 Details →
#38 North Dakota $230,067 Details →
#39 Wyoming $230,067 Details →
#40 Iowa $227,511 Details →
#41 South Carolina $227,511 Details →
#42 Missouri $224,954 Details →
#43 South Dakota $224,954 Details →
#44 Alabama $222,398 Details →
#45 Kansas $222,398 Details →
#46 Kentucky $222,398 Details →
#47 Oklahoma $214,729 Details →
#48 Arkansas $209,617 Details →
#49 West Virginia $209,617 Details →
#50 Mississippi $207,060 Details →

Key Responsibilities

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

Top Skills

Psychiatry Psychopharmacology CBT/DBT Diagnosis Patient Assessment Documentation

Education Required

Doctoral degree

Job Outlook

Faster than average — projected 7% growth over the next decade

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Frequently Asked Questions About Psychiatrist Salaries

How much does a Psychiatrist make per year?
The median psychiatrist salary in the United States is $255,630 per year. Entry-level positions start around $125,000, while senior-level professionals earn up to $385,000 annually. The mean (average) salary is $270,400.
How much does a Psychiatrist make per hour?
Based on the national median salary of $255,630 per year, a psychiatrist earns approximately $123 per hour assuming a standard 2,080-hour work year. Hourly rates vary by experience, location, and employer.
What is the highest paying state for psychiatrists?
Hawaii is the highest paying state for psychiatrists, with a median salary of $455,021. Other top-paying states include California ($373,220) and Massachusetts ($365,551).
What education do you need to become a psychiatrist?
Most psychiatrist positions require a doctoral degree. Key skills include Psychiatry, Psychopharmacology, CBT/DBT, Diagnosis. Relevant certifications and hands-on experience can also strengthen your qualifications.
What is the job outlook for psychiatrists?
Employment for psychiatrists is projected to grow 7% over the next decade, which is faster than average. There are currently 27,500 psychiatrists employed in the United States.
How much does an entry-level psychiatrist make?
An entry-level psychiatrist with 0-2 years of experience earns around $125,000 per year. With 3-7 years of experience, pay increases to approximately $258,000. The bottom 10% of earners make $120,000, while the top 10% earn $400,000.