Healthcare Maryland (MD) Rank #9 of 50

Psychiatrist Salary in Maryland

The median psychiatrist salary in Maryland is $291,418 per year, which is 14.0% above the national median of $255,630.

Median Salary
$291,418
vs National
+$35,788
State Rank
#9 of 50
Cost of Living
110%

Psychiatrist Salary Overview in Maryland (2026)

Maryland ranks #9 out of 50 states for psychiatrist compensation. This places Maryland in the top tier nationally, making it one of the best states for psychiatrists seeking high pay. At $291,418 per year, psychiatrists in Maryland earn $35,788 more than the national median of $255,630.

It's worth noting that Maryland's cost of living is 110% of the national average, which reduces the real purchasing power of the $291,418 salary. After adjusting for cost of living, the effective salary is closer to $264,925.

The salary spread in Maryland is significant: psychiatrists at the 10th percentile earn $136,800, while those at the 90th percentile bring home $456,000 — a $319,200 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Maryland for this role is Silver Spring, where the median reaches $322,094.

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 Maryland by Experience

In Maryland, an entry-level psychiatrist earns around $142,500, while experienced professionals earn up to $438,900 per year. The cost of living index in Maryland is 110% of the national average.

Entry Level (0-2 yrs)
$142,500
+$17,500 vs national
Mid Level (3-7 yrs)
$294,120
+$36,120 vs national
Senior Level (8+ yrs)
$438,900
+$53,900 vs national

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Salary Percentiles in Maryland

Percentile MD Salary
10th Percentile $136,800
25th Percentile $199,500
Median (50th) $291,418
75th Percentile $376,200
90th Percentile $456,000

Psychiatrist Salary by City in Maryland

The largest employment areas for psychiatrists in Maryland include Baltimore, Columbia, Silver Spring, and Germantown. Salaries vary by city based on local cost of living and demand.

How to Become a Psychiatrist in Maryland

Education

Most psychiatrist positions require a doctoral degree. Maryland has several accredited institutions offering relevant programs.

Key Skills

PsychiatryPsychopharmacologyCBT/DBTDiagnosisPatient AssessmentDocumentation

Job Outlook in Maryland

Nationally, psychiatrist employment is projected to grow 7% over the next decade (faster than average). Maryland's demand may vary based on local industry trends.

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Frequently Asked Questions: Psychiatrist Salary in Maryland

How much does a Psychiatrist make in Maryland? ▼
The median psychiatrist salary in Maryland is $291,418 per year, which is 14.0% above the national median of $255,630. Salaries range from $136,800 (10th percentile) to $456,000 (90th percentile).
How much does a Psychiatrist make per hour in Maryland? ▼
Based on the median annual salary of $291,418, a psychiatrist in Maryland earns approximately $140 per hour assuming a standard 2,080-hour work year.
Is Maryland a good state for psychiatrists? ▼
Maryland ranks #9 out of 50 states for psychiatrist pay. The cost of living index is 110% of the national average. Entry-level psychiatrists earn $142,500, while senior professionals earn $438,900.
How does Maryland compare to other states for psychiatrist salary? ▼
The highest paying state for psychiatrists is Hawaii at $455,021. Maryland's median of $291,418 ranks #9 nationally. Nearby-ranked states include Washington ($304,200) and Connecticut ($296,531).
What is the entry-level psychiatrist salary in Maryland? ▼
An entry-level psychiatrist in Maryland earns approximately $142,500 per year. With 3-7 years of experience, pay increases to around $294,120. Senior-level professionals with 8+ years earn up to $438,900.
What city in Maryland pays psychiatrists the most? ▼
Silver Spring is the highest paying city in Maryland for psychiatrists, with a median salary of $322,094. Other cities include Baltimore and Columbia.