Healthcare Racine, WI Pop. 77,816

Psychiatrist Salary in Racine, Wisconsin

The median psychiatrist salary in Racine, WI is $224,954 per year, which is 12% below the national median and 6.4% below the Wisconsin state average.

City Median
$224,954
vs State Avg
$-15,338
vs National
$-30,676
Cost of Living
86%

Psychiatrist Pay in Racine: What to Expect (2026)

Racine offers a median psychiatrist salary of $224,954, which is $15,338 below the Wisconsin state average of $240,292. Compared to the national median of $255,630, Racine pays below the national benchmark for this role.

One of Racine's biggest advantages is its low cost of living at 86% of the national average. This means the $224,954 salary stretches further here — equivalent to roughly $261,574 in an average-cost city. This makes Racine an attractive option for psychiatrists seeking strong real-dollar compensation.

The salary range for psychiatrists in Racine spans from $105,600 at the 10th percentile to $352,000 at the 90th percentile — a $246,400 spread. Entry-level professionals start around $110,000, while senior psychiatrists with 8+ years of experience can earn up to $338,800. Racine is a smaller market (pop. 77,816), which may mean fewer openings but also less competition for available positions.

Psychiatrist Salary in Racine by Experience

In Racine, an entry-level psychiatrist earns around $110,000, while experienced professionals earn up to $338,800 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$110,000
$-15,000 vs national
Mid Level (3-7 yrs)
$227,040
$-30,960 vs national
Senior Level (8+ yrs)
$338,800
$-46,200 vs national

Salary Percentiles in Racine, WI

Percentile Racine
10th Percentile $105,600
25th Percentile $154,000
Median (50th) $224,954
75th Percentile $290,400
90th Percentile $352,000

Psychiatrist Salary in Other Wisconsin Cities

Madison, WI
$260,743
Pop. 269,840
Milwaukee, WI
$240,292
Pop. 577,222
Kenosha, WI
$235,180
Pop. 99,986
Green Bay, WI
$230,067
Pop. 107,395

How to Become a Psychiatrist in Racine

Education

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

Find Psychiatrist Jobs in Racine

Browse open psychiatrist positions in Racine, WI:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Psychiatrist Salary in Racine

How much does a Psychiatrist make in Racine, WI? ▼
The median psychiatrist salary in Racine, Wisconsin is $224,954 per year, which is 12% below the national median of $255,630. Salaries range from $105,600 (10th percentile) to $352,000 (90th percentile).
How much does a Psychiatrist make per hour in Racine? ▼
Based on the median annual salary of $224,954, a psychiatrist in Racine earns approximately $108 per hour assuming a standard 2,080-hour work year.
How does Racine compare to the Wisconsin state average for psychiatrist pay? ▼
Racine's median psychiatrist salary of $224,954 is 6.4% below the Wisconsin state average of $240,292. The local cost of living index is 86% of the national average.
What is the cost of living in Racine, WI? ▼
Racine has a cost of living index of 86% compared to the national average. This means a psychiatrist salary of $224,954 in Racine has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a psychiatrist in Racine? ▼
Most psychiatrist positions in Racine 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.