Healthcare New Jersey (NJ) Rank #6 of 50

Psychiatrist Salary in New Jersey

The median psychiatrist salary in New Jersey is $306,756 per year, which is 20.0% above the national median of $255,630.

Median Salary
$306,756
vs National
+$51,126
State Rank
#6 of 50
Cost of Living
115%

Psychiatrist Salary in New Jersey by Experience

In New Jersey, an entry-level psychiatrist earns around $150,000, while experienced professionals earn up to $462,000 per year. The cost of living index in New Jersey is 115% of the national average.

Entry Level (0-2 yrs)
$150,000
+$25,000 vs national
Mid Level (3-7 yrs)
$309,600
+$51,600 vs national
Senior Level (8+ yrs)
$462,000
+$77,000 vs national

Salary Percentiles in New Jersey

Percentile NJ Salary
10th Percentile $144,000
25th Percentile $210,000
Median (50th) $306,756
75th Percentile $396,000
90th Percentile $480,000

Psychiatrist Salary by City in New Jersey

The largest employment areas for psychiatrists in New Jersey include Newark, Jersey City, Paterson, and Elizabeth. Salaries vary by city based on local cost of living and demand.

How to Become a Psychiatrist in New Jersey

Education

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

Key Skills

PsychiatryPsychopharmacologyCBT/DBTDiagnosisPatient AssessmentDocumentation

Job Outlook in New Jersey

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

Find Psychiatrist Jobs in New Jersey

Browse open psychiatrist positions in New Jersey:

Frequently Asked Questions: Psychiatrist Salary in New Jersey

How much does a Psychiatrist make in New Jersey?
The median psychiatrist salary in New Jersey is $306,756 per year, which is 20.0% above the national median of $255,630. Salaries range from $144,000 (10th percentile) to $480,000 (90th percentile).
How much does a Psychiatrist make per hour in New Jersey?
Based on the median annual salary of $306,756, a psychiatrist in New Jersey earns approximately $147 per hour assuming a standard 2,080-hour work year.
Is New Jersey a good state for psychiatrists?
New Jersey ranks #6 out of 50 states for psychiatrist pay. The cost of living index is 115% of the national average. Entry-level psychiatrists earn $150,000, while senior professionals earn $462,000.
How does New Jersey compare to other states for psychiatrist salary?
The highest paying state for psychiatrists is Hawaii at $455,021. New Jersey's median of $306,756 ranks #6 nationally. Nearby-ranked states include Alaska ($329,763) and New York ($324,650).
What is the entry-level psychiatrist salary in New Jersey?
An entry-level psychiatrist in New Jersey earns approximately $150,000 per year. With 3-7 years of experience, pay increases to around $309,600. Senior-level professionals with 8+ years earn up to $462,000.
What city in New Jersey pays psychiatrists the most?
Jersey City is the highest paying city in New Jersey for psychiatrists, with a median salary of $339,988. Other cities include Newark and Paterson.