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
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.