Healthcare Madison, WI Pop. 269,840

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.

City Median
$260,743
vs State Avg
+$20,451
vs National
+$5,113
Cost of Living
100%

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.

Entry Level (0-2 yrs)
$127,500
+$2,500 vs national
Mid Level (3-7 yrs)
$263,160
+$5,160 vs national
Senior Level (8+ yrs)
$392,700
+$7,700 vs national

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

Milwaukee, WI
$240,292
Pop. 577,222
Kenosha, WI
$235,180
Pop. 99,986
Green Bay, WI
$230,067
Pop. 107,395
Racine, WI
$224,954
Pop. 77,816

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

PsychiatryPsychopharmacologyCBT/DBTDiagnosisPatient AssessmentDocumentation

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:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Psychiatrist Salary in Madison

How much does a Psychiatrist make in Madison, WI? ▼
The median psychiatrist salary in Madison, Wisconsin is $260,743 per year, which is 2.0% above the national median of $255,630. Salaries range from $122,400 (10th percentile) to $408,000 (90th percentile).
How much does a Psychiatrist make per hour in Madison? ▼
Based on the median annual salary of $260,743, a psychiatrist in Madison earns approximately $125 per hour assuming a standard 2,080-hour work year.
How does Madison compare to the Wisconsin state average for psychiatrist pay? ▼
Madison's median psychiatrist salary of $260,743 is 8.5% above the Wisconsin state average of $240,292. The local cost of living index is 100% of the national average.
What is the cost of living in Madison, WI? ▼
Madison has a cost of living index of 100% compared to the national average. This means a psychiatrist salary of $260,743 in Madison has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a psychiatrist in Madison? ▼
Most psychiatrist positions in Madison 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.