Psychiatrist Salary in Denver, Colorado
The median psychiatrist salary in Denver, CO is $291,418 per year, which is 14.0% above the national median and 6.5% above the Colorado state average.
Psychiatrist Pay in Denver: What to Expect (2026)
Denver offers a median psychiatrist salary of $291,418, which is $17,894 above the Colorado state average of $273,524. Compared to the national median of $255,630, Denver pays above average for this role.
However, Denver's cost of living index is 112%, significantly above the national average. After adjusting for local costs, the $291,418 salary has an effective purchasing power of approximately $260,195. Housing, transportation, and food costs in Denver should be factored into any relocation or job-change decision.
The salary range for psychiatrists in Denver spans from $136,800 at the 10th percentile to $456,000 at the 90th percentile — a $319,200 spread. Entry-level professionals start around $142,500, while senior psychiatrists with 8+ years of experience can earn up to $438,900. As a major metro area with a population of 715,522, Denver typically offers more job opportunities and employer competition, which can drive salaries higher.
Psychiatrist Salary in Denver by Experience
In Denver, an entry-level psychiatrist earns around $142,500, while experienced professionals earn up to $438,900 per year. The local cost of living index is 112% of the national average.
Salary Percentiles in Denver, CO
| Percentile | Denver |
|---|---|
| 10th Percentile | $136,800 |
| 25th Percentile | $199,500 |
| Median (50th) | $291,418 |
| 75th Percentile | $376,200 |
| 90th Percentile | $456,000 |
Psychiatrist Salary in Other Colorado Cities
How to Become a Psychiatrist in Denver
Education
Most psychiatrist positions require a doctoral degree. Denver and the surrounding Colorado 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 Denver may vary based on local industry and population growth.
Find Psychiatrist Jobs in Denver
Browse open psychiatrist positions in Denver, CO: