Healthcare Waterbury, CT Pop. 114,403

Psychiatrist Salary in Waterbury, Connecticut

The median psychiatrist salary in Waterbury, CT is $260,743 per year, which is 2.0% above the national median and 12.1% below the Connecticut state average.

City Median
$260,743
vs State Avg
$-35,788
vs National
+$5,113
Cost of Living
98%

Psychiatrist Pay in Waterbury: What to Expect (2026)

Waterbury offers a median psychiatrist salary of $260,743, which is $35,788 below the Connecticut state average of $296,531. Compared to the national median of $255,630, Waterbury pays above average for this role.

Waterbury's cost of living is 98% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for psychiatrists in Waterbury spans from $122,400 at the 10th percentile to $408,000 at the 90th percentile — a $285,600 spread. Entry-level professionals start around $127,500, while senior psychiatrists with 8+ years of experience can earn up to $392,700. With a population of 114,403, Waterbury is a mid-sized metro with a growing job market.

Psychiatrist Salary in Waterbury by Experience

In Waterbury, an entry-level psychiatrist earns around $127,500, while experienced professionals earn up to $392,700 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$127,500
+$2,500 vs national
Mid Level (3-7 yrs)
$263,160
+$5,160 vs national
Senior Level (8+ yrs)
$392,700
+$7,700 vs national

Salary Percentiles in Waterbury, CT

Percentile Waterbury
10th Percentile $122,400
25th Percentile $178,500
Median (50th) $260,743
75th Percentile $336,600
90th Percentile $408,000

Psychiatrist Salary in Other Connecticut Cities

How to Become a Psychiatrist in Waterbury

Education

Most psychiatrist positions require a doctoral degree. Waterbury and the surrounding Connecticut area have institutions offering relevant programs.

Key Skills

PsychiatryPsychopharmacologyCBT/DBTDiagnosisPatient AssessmentDocumentation

Job Outlook

Nationally, psychiatrist employment is projected to grow 7% over the next decade (faster than average). Demand in Waterbury may vary based on local industry and population growth.

Find Psychiatrist Jobs in Waterbury

Browse open psychiatrist positions in Waterbury, CT:

Frequently Asked Questions: Psychiatrist Salary in Waterbury

How much does a Psychiatrist make in Waterbury, CT? ▼
The median psychiatrist salary in Waterbury, Connecticut is $260,743 per year, which is 2.0% above the national median of $255,630. Salaries range from $122,400 (10th percentile) to $408,000 (90th percentile).
How much does a Psychiatrist make per hour in Waterbury? ▼
Based on the median annual salary of $260,743, a psychiatrist in Waterbury earns approximately $125 per hour assuming a standard 2,080-hour work year.
How does Waterbury compare to the Connecticut state average for psychiatrist pay? ▼
Waterbury's median psychiatrist salary of $260,743 is 12.1% below the Connecticut state average of $296,531. The local cost of living index is 98% of the national average.
What is the cost of living in Waterbury, CT? ▼
Waterbury has a cost of living index of 98% compared to the national average. This means a psychiatrist salary of $260,743 in Waterbury has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a psychiatrist in Waterbury? ▼
Most psychiatrist positions in Waterbury require a doctoral degree. Key skills include Psychiatry, Psychopharmacology, CBT/DBT, Diagnosis. The job market is projected to grow 7% nationally over the next decade.