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.