Healthcare Wisconsin (WI) Rank #26 of 50

Psychiatrist Salary in Wisconsin

The median psychiatrist salary in Wisconsin is $240,292 per year, which is 6% below the national median of $255,630.

Median Salary
$240,292
vs National
$-15,338
State Rank
#26 of 50
Cost of Living
92%

Psychiatrist Salary Overview in Wisconsin (2026)

Wisconsin ranks #26 out of 50 states for psychiatrist compensation. Psychiatrist salaries in Wisconsin are below the national median, though the lower cost of living can offset the difference. At $240,292 per year, psychiatrists in Wisconsin earn $15,338 less than the national median of $255,630.

A key advantage of working in Wisconsin is its below-average cost of living (92% of the national index). This means the $240,292 salary has the purchasing power of roughly $261,187 in an average-cost area.

The salary spread in Wisconsin is significant: psychiatrists at the 10th percentile earn $112,800, while those at the 90th percentile bring home $376,000 — a $263,200 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Wisconsin for this role is Madison, where the median reaches $260,743.

Nationally, psychiatrist employment is projected to grow 7% over the next decade (faster than average). This steady growth indicates stable demand for psychiatrists across the country.

Psychiatrist Salary in Wisconsin by Experience

In Wisconsin, an entry-level psychiatrist earns around $117,500, while experienced professionals earn up to $361,900 per year. The cost of living index in Wisconsin is 92% of the national average.

Entry Level (0-2 yrs)
$117,500
$-7,500 vs national
Mid Level (3-7 yrs)
$242,520
$-15,480 vs national
Senior Level (8+ yrs)
$361,900
$-23,100 vs national

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Salary Percentiles in Wisconsin

Percentile WI Salary
10th Percentile $112,800
25th Percentile $164,500
Median (50th) $240,292
75th Percentile $310,200
90th Percentile $376,000

Psychiatrist Salary by City in Wisconsin

The largest employment areas for psychiatrists in Wisconsin include Milwaukee, Madison, Green Bay, and Kenosha. Salaries vary by city based on local cost of living and demand.

How to Become a Psychiatrist in Wisconsin

Education

Most psychiatrist positions require a doctoral degree. Wisconsin has several accredited institutions offering relevant programs.

Key Skills

PsychiatryPsychopharmacologyCBT/DBTDiagnosisPatient AssessmentDocumentation

Job Outlook in Wisconsin

Nationally, psychiatrist employment is projected to grow 7% over the next decade (faster than average). Wisconsin's demand may vary based on local industry trends.

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Frequently Asked Questions: Psychiatrist Salary in Wisconsin

How much does a Psychiatrist make in Wisconsin? ▼
The median psychiatrist salary in Wisconsin is $240,292 per year, which is 6% below the national median of $255,630. Salaries range from $112,800 (10th percentile) to $376,000 (90th percentile).
How much does a Psychiatrist make per hour in Wisconsin? ▼
Based on the median annual salary of $240,292, a psychiatrist in Wisconsin earns approximately $116 per hour assuming a standard 2,080-hour work year.
Is Wisconsin a good state for psychiatrists? ▼
Wisconsin ranks #26 out of 50 states for psychiatrist pay. The cost of living index is 92% of the national average. Entry-level psychiatrists earn $117,500, while senior professionals earn $361,900.
How does Wisconsin compare to other states for psychiatrist salary? ▼
The highest paying state for psychiatrists is Hawaii at $455,021. Wisconsin's median of $240,292 ranks #26 nationally. Nearby-ranked states include Utah ($247,961) and Texas ($240,292).
What is the entry-level psychiatrist salary in Wisconsin? ▼
An entry-level psychiatrist in Wisconsin earns approximately $117,500 per year. With 3-7 years of experience, pay increases to around $242,520. Senior-level professionals with 8+ years earn up to $361,900.
What city in Wisconsin pays psychiatrists the most? ▼
Madison is the highest paying city in Wisconsin for psychiatrists, with a median salary of $260,743. Other cities include Milwaukee and Green Bay.