Healthcare Rapid City, SD Pop. 74,703

Psychiatrist Salary in Rapid City, South Dakota

The median psychiatrist salary in Rapid City, SD is $230,067 per year, which is 10% below the national median and 2.3% above the South Dakota state average.

City Median
$230,067
vs State Avg
+$5,113
vs National
$-25,563
Cost of Living
90%

Psychiatrist Pay in Rapid City: What to Expect (2026)

Rapid City offers a median psychiatrist salary of $230,067, which is $5,113 above the South Dakota state average of $224,954. Compared to the national median of $255,630, Rapid City pays below the national benchmark for this role.

Rapid City's cost of living is 90% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for psychiatrists in Rapid City spans from $108,000 at the 10th percentile to $360,000 at the 90th percentile — a $252,000 spread. Entry-level professionals start around $112,500, while senior psychiatrists with 8+ years of experience can earn up to $346,500. Rapid City is a smaller market (pop. 74,703), which may mean fewer openings but also less competition for available positions.

Psychiatrist Salary in Rapid City by Experience

In Rapid City, an entry-level psychiatrist earns around $112,500, while experienced professionals earn up to $346,500 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$112,500
$-12,500 vs national
Mid Level (3-7 yrs)
$232,200
$-25,800 vs national
Senior Level (8+ yrs)
$346,500
$-38,500 vs national

Salary Percentiles in Rapid City, SD

Percentile Rapid City
10th Percentile $108,000
25th Percentile $157,500
Median (50th) $230,067
75th Percentile $297,000
90th Percentile $360,000

Psychiatrist Salary in Other South Dakota Cities

How to Become a Psychiatrist in Rapid City

Education

Most psychiatrist positions require a doctoral degree. Rapid City and the surrounding South Dakota 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 Rapid City may vary based on local industry and population growth.

Find Psychiatrist Jobs in Rapid City

Browse open psychiatrist positions in Rapid City, SD:

Frequently Asked Questions: Psychiatrist Salary in Rapid City

How much does a Psychiatrist make in Rapid City, SD? ▼
The median psychiatrist salary in Rapid City, South Dakota is $230,067 per year, which is 10% below the national median of $255,630. Salaries range from $108,000 (10th percentile) to $360,000 (90th percentile).
How much does a Psychiatrist make per hour in Rapid City? ▼
Based on the median annual salary of $230,067, a psychiatrist in Rapid City earns approximately $111 per hour assuming a standard 2,080-hour work year.
How does Rapid City compare to the South Dakota state average for psychiatrist pay? ▼
Rapid City's median psychiatrist salary of $230,067 is 2.3% above the South Dakota state average of $224,954. The local cost of living index is 90% of the national average.
What is the cost of living in Rapid City, SD? ▼
Rapid City has a cost of living index of 90% compared to the national average. This means a psychiatrist salary of $230,067 in Rapid City has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a psychiatrist in Rapid City? ▼
Most psychiatrist positions in Rapid 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.