Psychiatrist Salary in Madison, Wisconsin
The median psychiatrist salary in Madison, WI is $260,743 per year, which is 2.0% above the national median and 8.5% above the Wisconsin state average.
Psychiatrist Pay in Madison: What to Expect (2026)
Madison offers a median psychiatrist salary of $260,743, which is $20,451 above the Wisconsin state average of $240,292. Compared to the national median of $255,630, Madison pays above average for this role.
Madison's cost of living is 100% 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 Madison spans from $122,400 at the 10th percentile to $408,000 at the 90th percentile — a $285,600 spread. Entry-level professionals start around $127,500, while senior psychiatrists with 8+ years of experience can earn up to $392,700. With a population of 269,840, Madison is a mid-sized metro with a growing job market.
Psychiatrist Salary in Madison by Experience
In Madison, an entry-level psychiatrist earns around $127,500, while experienced professionals earn up to $392,700 per year. The local cost of living index is 100% of the national average.
Salary Percentiles in Madison, WI
| Percentile | Madison |
|---|---|
| 10th Percentile | $122,400 |
| 25th Percentile | $178,500 |
| Median (50th) | $260,743 |
| 75th Percentile | $336,600 |
| 90th Percentile | $408,000 |
Psychiatrist Salary in Other Wisconsin Cities
How to Become a Psychiatrist in Madison
Education
Most psychiatrist positions require a doctoral degree. Madison and the surrounding Wisconsin area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, psychiatrist employment is projected to grow 7% over the next decade (faster than average). Demand in Madison may vary based on local industry and population growth.
Find Psychiatrist Jobs in Madison
Browse open psychiatrist positions in Madison, WI: