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
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.