Healthcare Chicago, IL
Pop. 2,693,976
Psychiatrist Salary in Chicago, Illinois
The median psychiatrist salary in Chicago, IL is $278,637 per year, which is 9.0% above the national median and 12.4% above the Illinois state average.
City Median
$278,637
vs State Avg
+$30,676
vs National
+$23,007
Cost of Living
107%
Psychiatrist Salary in Chicago by Experience
In Chicago, an entry-level psychiatrist earns around $136,250, while experienced professionals earn up to $419,650 per year. The local cost of living index is 107% of the national average.
Entry Level (0-2 yrs)
$136,250
+$11,250 vs national
Mid Level (3-7 yrs)
$281,220
+$23,220 vs national
Senior Level (8+ yrs)
$419,650
+$34,650 vs national
Salary Percentiles in Chicago, IL
| Percentile | Chicago |
|---|---|
| 10th Percentile | $130,800 |
| 25th Percentile | $190,750 |
| Median (50th) | $278,637 |
| 75th Percentile | $359,700 |
| 90th Percentile | $436,000 |
Psychiatrist Salary in Other Illinois Cities
How to Become a Psychiatrist in Chicago
Education
Most psychiatrist positions require a doctoral degree. Chicago and the surrounding Illinois 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 Chicago may vary based on local industry and population growth.