Healthcare New York (NY) Rank #5 of 50

Psychiatrist Salary in New York

The median psychiatrist salary in New York is $324,650 per year, which is 27.0% above the national median of $255,630.

Median Salary
$324,650
vs National
+$69,020
State Rank
#5 of 50
Cost of Living
122%

Psychiatrist Salary in New York by Experience

In New York, an entry-level psychiatrist earns around $158,750, while experienced professionals earn up to $488,950 per year. The cost of living index in New York is 122% of the national average.

Entry Level (0-2 yrs)
$158,750
+$33,750 vs national
Mid Level (3-7 yrs)
$327,660
+$69,660 vs national
Senior Level (8+ yrs)
$488,950
+$103,950 vs national

Salary Percentiles in New York

Percentile NY Salary
10th Percentile $152,400
25th Percentile $222,250
Median (50th) $324,650
75th Percentile $419,100
90th Percentile $508,000

Psychiatrist Salary by City in New York

The largest employment areas for psychiatrists in New York include New York City, Buffalo, Rochester, and Yonkers. Salaries vary by city based on local cost of living and demand.

How to Become a Psychiatrist in New York

Education

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

Key Skills

PsychiatryPsychopharmacologyCBT/DBTDiagnosisPatient AssessmentDocumentation

Job Outlook in New York

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