Psychiatrist Salary in Milwaukee, WI: $240,292 (2026)

Psychiatrist Pay in Milwaukee: What to Expect (2026)

Milwaukee offers a median psychiatrist salary of $240,292, which is $0 above the Wisconsin state average of $240,292. Compared to the national median of $255,630, Milwaukee pays below the national benchmark for this role.

Milwaukee's cost of living is 92% 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 Milwaukee spans from $112,800 at the 10th percentile to $376,000 at the 90th percentile — a $263,200 spread. Entry-level professionals start around $117,500, while senior psychiatrists with 8+ years of experience can earn up to $361,900. As a major metro area with a population of 577,222, Milwaukee typically offers more job opportunities and employer competition, which can drive salaries higher.

Psychiatrist Salary in Milwaukee by Experience

In Milwaukee, an entry-level psychiatrist earns around $117,500, while experienced professionals earn up to $361,900 per year. The local cost of living index 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

Percentile	Milwaukee	WI State	National
10th Percentile	$112,800	$112,800	$120,000
25th Percentile	$164,500	$164,500	$175,000
Median (50th)	$240,292	$240,292	$255,630
75th Percentile	$310,200	$310,200	$330,000
90th Percentile	$376,000	$376,000	$400,000

Percentile

Milwaukee

10th Percentile

$112,800

25th Percentile

$164,500

Median (50th)

$240,292

75th Percentile

$310,200

90th Percentile

$376,000

How to Become a Psychiatrist in Milwaukee

Education

Most psychiatrist positions require a doctoral degree. Milwaukee 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 Milwaukee may vary based on local industry and population growth.

Frequently Asked Questions: Psychiatrist Salary in Milwaukee

How much does a Psychiatrist make in Milwaukee, WI? ▼

The median psychiatrist salary in Milwaukee, 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 Milwaukee? ▼

Based on the median annual salary of $240,292, a psychiatrist in Milwaukee earns approximately $116 per hour assuming a standard 2,080-hour work year.

How does Milwaukee compare to the Wisconsin state average for psychiatrist pay? ▼

Milwaukee's median psychiatrist salary of $240,292 is 0.0% above the Wisconsin state average of $240,292. The local cost of living index is 92% of the national average.

What is the cost of living in Milwaukee, WI? ▼

Milwaukee has a cost of living index of 92% compared to the national average. This means a psychiatrist salary of $240,292 in Milwaukee has more purchasing power than the same salary in an average-cost city.

What qualifications do I need to become a psychiatrist in Milwaukee? ▼

Most psychiatrist positions in Milwaukee 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.

Psychiatrist Salary in Milwaukee, Wisconsin