Psychiatrist Salary in Owensboro, KY: $209,617 (2026)

Psychiatrist Pay in Owensboro: What to Expect (2026)

Owensboro offers a median psychiatrist salary of $209,617, which is $12,781 below the Kentucky state average of $222,398. Compared to the national median of $255,630, Owensboro pays below the national benchmark for this role.

One of Owensboro's biggest advantages is its low cost of living at 82% of the national average. This means the $209,617 salary stretches further here — equivalent to roughly $255,630 in an average-cost city. This makes Owensboro an attractive option for psychiatrists seeking strong real-dollar compensation.

The salary range for psychiatrists in Owensboro spans from $98,400 at the 10th percentile to $328,000 at the 90th percentile — a $229,600 spread. Entry-level professionals start around $102,500, while senior psychiatrists with 8+ years of experience can earn up to $315,700. Owensboro is a smaller market (pop. 60,183), which may mean fewer openings but also less competition for available positions.

Psychiatrist Salary in Owensboro by Experience

In Owensboro, an entry-level psychiatrist earns around $102,500, while experienced professionals earn up to $315,700 per year. The local cost of living index is 82% of the national average.

Entry Level (0-2 yrs)

$102,500

$-22,500 vs national

Mid Level (3-7 yrs)

$211,560

$-46,440 vs national

Senior Level (8+ yrs)

$315,700

$-69,300 vs national

Percentile	Owensboro	KY State	National
10th Percentile	$98,400	$104,400	$120,000
25th Percentile	$143,500	$152,250	$175,000
Median (50th)	$209,617	$222,398	$255,630
75th Percentile	$270,600	$287,100	$330,000
90th Percentile	$328,000	$348,000	$400,000

Percentile

Owensboro

10th Percentile

$98,400

25th Percentile

$143,500

Median (50th)

$209,617

75th Percentile

$270,600

90th Percentile

$328,000

How to Become a Psychiatrist in Owensboro

Education

Most psychiatrist positions require a doctoral degree. Owensboro and the surrounding Kentucky 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 Owensboro may vary based on local industry and population growth.

Frequently Asked Questions: Psychiatrist Salary in Owensboro

How much does a Psychiatrist make in Owensboro, KY? ▼

The median psychiatrist salary in Owensboro, Kentucky is $209,617 per year, which is 18% below the national median of $255,630. Salaries range from $98,400 (10th percentile) to $328,000 (90th percentile).

How much does a Psychiatrist make per hour in Owensboro? ▼

Based on the median annual salary of $209,617, a psychiatrist in Owensboro earns approximately $101 per hour assuming a standard 2,080-hour work year.

How does Owensboro compare to the Kentucky state average for psychiatrist pay? ▼

Owensboro's median psychiatrist salary of $209,617 is 5.7% below the Kentucky state average of $222,398. The local cost of living index is 82% of the national average.

What is the cost of living in Owensboro, KY? ▼

Owensboro has a cost of living index of 82% compared to the national average. This means a psychiatrist salary of $209,617 in Owensboro has more purchasing power than the same salary in an average-cost city.

What qualifications do I need to become a psychiatrist in Owensboro? ▼

Most psychiatrist positions in Owensboro 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.

Psychiatrist Salary in Owensboro, Kentucky