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.

New York City, NY
$490,810
Pop. 8,336,817 · COL 187%
Buffalo, NY
$247,961
Pop. 278,349 · COL 92%
Rochester, NY
$242,849
Pop. 211,328 · COL 90%
Yonkers, NY
$357,882
Pop. 211,569 · COL 135%
Albany, NY
$263,299
Pop. 99,224 · COL 98%

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.

Find Psychiatrist Jobs in New York

Browse open psychiatrist positions in New York:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Psychiatrist Salary in New York

How much does a Psychiatrist make 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. Salaries range from $152,400 (10th percentile) to $508,000 (90th percentile).
How much does a Psychiatrist make per hour in New York? ▼
Based on the median annual salary of $324,650, a psychiatrist in New York earns approximately $156 per hour assuming a standard 2,080-hour work year.
Is New York a good state for psychiatrists? ▼
New York ranks #5 out of 50 states for psychiatrist pay. The cost of living index is 122% of the national average. Entry-level psychiatrists earn $158,750, while senior professionals earn $488,950.
How does New York compare to other states for psychiatrist salary? ▼
The highest paying state for psychiatrists is Hawaii at $455,021. New York's median of $324,650 ranks #5 nationally. Nearby-ranked states include Massachusetts ($365,551) and Alaska ($329,763).
What is the entry-level psychiatrist salary in New York? ▼
An entry-level psychiatrist in New York earns approximately $158,750 per year. With 3-7 years of experience, pay increases to around $327,660. Senior-level professionals with 8+ years earn up to $488,950.
What city in New York pays psychiatrists the most? ▼
New York City is the highest paying city in New York for psychiatrists, with a median salary of $490,810. Other cities include Buffalo and Rochester.