Psychiatrist Salary in Alaska
The median psychiatrist salary in Alaska is $329,763 per year, which is 29.0% above the national median of $255,630.
Psychiatrist Salary Overview in Alaska (2026)
Alaska ranks #4 out of 50 states for psychiatrist compensation. This places Alaska in the top tier nationally, making it one of the best states for psychiatrists seeking high pay. At $329,763 per year, psychiatrists in Alaska earn $74,133 more than the national median of $255,630.
It's worth noting that Alaska's cost of living is 124% of the national average, which reduces the real purchasing power of the $329,763 salary. After adjusting for cost of living, the effective salary is closer to $265,938.
The salary spread in Alaska is significant: psychiatrists at the 10th percentile earn $154,800, while those at the 90th percentile bring home $516,000 — a $361,200 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Alaska for this role is Juneau, where the median reaches $357,882.
Nationally, psychiatrist employment is projected to grow 7% over the next decade (faster than average). This steady growth indicates stable demand for psychiatrists across the country.
Psychiatrist Salary in Alaska by Experience
In Alaska, an entry-level psychiatrist earns around $161,250, while experienced professionals earn up to $496,650 per year. The cost of living index in Alaska is 124% of the national average.
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View Offers You Qualify For →Salary Percentiles in Alaska
| Percentile | AK Salary |
|---|---|
| 10th Percentile | $154,800 |
| 25th Percentile | $225,750 |
| Median (50th) | $329,763 |
| 75th Percentile | $425,700 |
| 90th Percentile | $516,000 |
Psychiatrist Salary by City in Alaska
The largest employment areas for psychiatrists in Alaska include Anchorage, Fairbanks, Juneau, and Sitka. Salaries vary by city based on local cost of living and demand.
How to Become a Psychiatrist in Alaska
Education
Most psychiatrist positions require a doctoral degree. Alaska has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Alaska
Nationally, psychiatrist employment is projected to grow 7% over the next decade (faster than average). Alaska's demand may vary based on local industry trends.
Negotiate Your Way to Senior Pay
Data shows Psychiatrists who negotiate earn 7–15% more. A single negotiation could add $166,887 over your career trajectory.
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