Psychiatrist Salary in Colorado
The median psychiatrist salary in Colorado is $273,524 per year, which is 7.0% above the national median of $255,630.
Psychiatrist Salary Overview in Colorado (2026)
Colorado ranks #13 out of 50 states for psychiatrist compensation. Colorado falls in the middle of the pack for psychiatrist pay, offering salaries near the national average. At $273,524 per year, psychiatrists in Colorado earn $17,894 more than the national median of $255,630.
Colorado's cost of living is near the national average at 105%, meaning psychiatrist salaries here translate closely to their face value in purchasing power.
The salary spread in Colorado is significant: psychiatrists at the 10th percentile earn $128,400, while those at the 90th percentile bring home $428,000 — a $299,600 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Colorado for this role is Boulder, where the median reaches $332,319.
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 Colorado by Experience
In Colorado, an entry-level psychiatrist earns around $133,750, while experienced professionals earn up to $411,950 per year. The cost of living index in Colorado is 105% of the national average.
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View Offers You Qualify For →Salary Percentiles in Colorado
| Percentile | CO Salary |
|---|---|
| 10th Percentile | $128,400 |
| 25th Percentile | $187,250 |
| Median (50th) | $273,524 |
| 75th Percentile | $353,100 |
| 90th Percentile | $428,000 |
Psychiatrist Salary by City in Colorado
The largest employment areas for psychiatrists in Colorado include Denver, Colorado Springs, Aurora, and Fort Collins. Salaries vary by city based on local cost of living and demand.
How to Become a Psychiatrist in Colorado
Education
Most psychiatrist positions require a doctoral degree. Colorado has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Colorado
Nationally, psychiatrist employment is projected to grow 7% over the next decade (faster than average). Colorado'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 $138,426 over your career trajectory.
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