Healthcare New York City, NY Pop. 8,336,817

Psychiatrist Salary in New York City, New York

The median psychiatrist salary in New York City, NY is $490,810 per year, which is 92.0% above the national median and 51.2% above the New York state average.

City Median
$490,810
vs State Avg
+$166,160
vs National
+$235,180
Cost of Living
187%

Psychiatrist Salary in New York City by Experience

In New York City, an entry-level psychiatrist earns around $240,000, while experienced professionals earn up to $739,200 per year. The local cost of living index is 187% of the national average.

Entry Level (0-2 yrs)
$240,000
+$115,000 vs national
Mid Level (3-7 yrs)
$495,360
+$237,360 vs national
Senior Level (8+ yrs)
$739,200
+$354,200 vs national

Salary Percentiles in New York City, NY

Percentile New York City
10th Percentile $230,400
25th Percentile $336,000
Median (50th) $490,810
75th Percentile $633,600
90th Percentile $768,000

Psychiatrist Salary in Other New York Cities

Yonkers, NY
$357,882
Pop. 211,569
Albany, NY
$263,299
Pop. 99,224
Buffalo, NY
$247,961
Pop. 278,349
Rochester, NY
$242,849
Pop. 211,328

How to Become a Psychiatrist in New York City

Education

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

Find Psychiatrist Jobs in New York City

Browse open psychiatrist positions in New York City, NY:

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Frequently Asked Questions: Psychiatrist Salary in New York City

How much does a Psychiatrist make in New York City, NY? ▼
The median psychiatrist salary in New York City, New York is $490,810 per year, which is 92.0% above the national median of $255,630. Salaries range from $230,400 (10th percentile) to $768,000 (90th percentile).
How much does a Psychiatrist make per hour in New York City? ▼
Based on the median annual salary of $490,810, a psychiatrist in New York City earns approximately $236 per hour assuming a standard 2,080-hour work year.
How does New York City compare to the New York state average for psychiatrist pay? ▼
New York City's median psychiatrist salary of $490,810 is 51.2% above the New York state average of $324,650. The local cost of living index is 187% of the national average.
What is the cost of living in New York City, NY? ▼
New York City has a cost of living index of 187% compared to the national average. This means a psychiatrist salary of $490,810 in New York City has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a psychiatrist in New York City? ▼
Most psychiatrist positions in New York City 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.