Psychiatrist Salary in Anchorage, Alaska
The median psychiatrist salary in Anchorage, AK is $334,875 per year, which is 31.0% above the national median and 1.6% above the Alaska state average.
Psychiatrist Pay in Anchorage: What to Expect (2026)
Anchorage offers a median psychiatrist salary of $334,875, which is $5,112 above the Alaska state average of $329,763. Compared to the national median of $255,630, Anchorage pays above average for this role.
However, Anchorage's cost of living index is 126%, significantly above the national average. After adjusting for local costs, the $334,875 salary has an effective purchasing power of approximately $265,774. Housing, transportation, and food costs in Anchorage should be factored into any relocation or job-change decision.
The salary range for psychiatrists in Anchorage spans from $157,200 at the 10th percentile to $524,000 at the 90th percentile — a $366,800 spread. Entry-level professionals start around $163,750, while senior psychiatrists with 8+ years of experience can earn up to $504,350. With a population of 291,247, Anchorage is a mid-sized metro with a growing job market.
Psychiatrist Salary in Anchorage by Experience
In Anchorage, an entry-level psychiatrist earns around $163,750, while experienced professionals earn up to $504,350 per year. The local cost of living index is 126% of the national average.
Salary Percentiles in Anchorage, AK
| Percentile | Anchorage |
|---|---|
| 10th Percentile | $157,200 |
| 25th Percentile | $229,250 |
| Median (50th) | $334,875 |
| 75th Percentile | $432,300 |
| 90th Percentile | $524,000 |
Psychiatrist Salary in Other Alaska Cities
How to Become a Psychiatrist in Anchorage
Education
Most psychiatrist positions require a doctoral degree. Anchorage and the surrounding Alaska area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, psychiatrist employment is projected to grow 7% over the next decade (faster than average). Demand in Anchorage may vary based on local industry and population growth.
Find Psychiatrist Jobs in Anchorage
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