Healthcare Albany, NY Pop. 99,224

Psychiatrist Salary in Albany, New York

The median psychiatrist salary in Albany, NY is $263,299 per year, which is 3.0% above the national median and 18.9% below the New York state average.

City Median
$263,299
vs State Avg
$-61,351
vs National
+$7,669
Cost of Living
98%

Psychiatrist Salary in Albany by Experience

In Albany, an entry-level psychiatrist earns around $128,750, while experienced professionals earn up to $396,550 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$128,750
+$3,750 vs national
Mid Level (3-7 yrs)
$265,740
+$7,740 vs national
Senior Level (8+ yrs)
$396,550
+$11,550 vs national

Salary Percentiles in Albany, NY

Percentile Albany
10th Percentile $123,600
25th Percentile $180,250
Median (50th) $263,299
75th Percentile $339,900
90th Percentile $412,000

Psychiatrist Salary in Other New York Cities

How to Become a Psychiatrist in Albany

Education

Most psychiatrist positions require a doctoral degree. Albany and the surrounding New York 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 Albany may vary based on local industry and population growth.

Find Psychiatrist Jobs in Albany

Browse open psychiatrist positions in Albany, NY:

Frequently Asked Questions: Psychiatrist Salary in Albany

How much does a Psychiatrist make in Albany, NY?
The median psychiatrist salary in Albany, New York is $263,299 per year, which is 3.0% above the national median of $255,630. Salaries range from $123,600 (10th percentile) to $412,000 (90th percentile).
How much does a Psychiatrist make per hour in Albany?
Based on the median annual salary of $263,299, a psychiatrist in Albany earns approximately $127 per hour assuming a standard 2,080-hour work year.
How does Albany compare to the New York state average for psychiatrist pay?
Albany's median psychiatrist salary of $263,299 is 18.9% below the New York state average of $324,650. The local cost of living index is 98% of the national average.
What is the cost of living in Albany, NY?
Albany has a cost of living index of 98% compared to the national average. This means a psychiatrist salary of $263,299 in Albany has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a psychiatrist in Albany?
Most psychiatrist positions in Albany 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.