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Psychiatrist Salary


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Psychiatrist Salary

Psychiatry Salary By Percentile
Percentile 10% 25% 50% 75% 90%
Hourly Wage $34.10 $57.93 $83.33 $90.00+ $90.00+
Annual Wage $70,900 $120,500 $173,300 $187,200+ $187,200+

How much do psychiatrists make? Psychiatrists are medical doctors who specialize in treating medical disorders of the mind. They are able to prescribe medications to treat mental disorders. Psychiatrists also are trained in psychotherapy techniques. Becoming a psychiatrist takes approximately 12 years of post-high school education. Psychiatrists must earn an undergraduate degree. They must then apply for acceptance at a medical school where they will pursue either an M.D. or D.O degree. After this, they face four years in a residency program. They must also pass certain examinations in order to become licensed to practice psychiatry. A breakdown of the full process of becoming a Psychiatrist can be found here.

Salary

The median annual psychiatrist salary, which is defined as the amount where the same number of psychiatrists earn less than that amount and the same number earn more, is $173,330. The top 10% of psychiatrists earn over $187,199; the lowest 10% earn $70,920.

Hours and Work Environment

Psychiatrists often combine some regular office hours with hours spent visiting patients in settings such as hospitals, residential centers and other medical treatment centers.

Factors Impacting Salary

Factors that impact salary include years of experience in the field, choice of setting in which to practice, and geographic area of practice.

Job Setting

Psychiatrists who choose to maintain a private practice may earn a higher annual salary than those who work in the public healthcare field. Psychiatrists who specialize in a particular area of psychiatry, such as pediatric psychiatry, may earn more than those in a generalized practice.

Geographic Area of Practice

Typically, psychiatrists working in the northern states earn more than psychiatrists in other areas of the country. Psychiatrists in Maine and Oregon currently earn the highest salaries; psychiatrists in southeastern states like South and North Carolina earn the lowest salaries.

Outlook

There is a continued need for psychiatric services, ensuring a good outlook for someone interested in pursuing a career in psychiatry. The anticipated need for additional physicians and surgeons, including psychiatrists, is expected to rise by 24% between 2010 and 2020.

Salary Data

Top Paying Industries

Industry Employment % of industry employment Hourly mean wage Annual mean salary
Vocational Rehabilitation Services 30 0.01 $103.62 $215,530
Management of Companies and Enterprises 80 <.005 $102.50 $213,190
Outpatient Care Centers 3,430 0.51 $96.85 $201,460
Individual and Family Services 710 0.05 $94.79 $197,160
Elementary and Secondary Schools 30 <.005 $94.05 $195,620

Salary By State

State 10% 25% Median 75% 90% Jobs (2010) Jobs (2020) Outlook
Alabama $86,900 $151,900 $187,200+ $187,200+ $187,200+ 240 300 +23%
Alaska $81,200 $138,400 $187,200+ $187,200+ $187,200+ 60 80 +26%
Arizona $90,300 $121,300 $187,200+ $187,200+ $187,200+ 350 430 +25%
Arkansas $102,200 $128,100 $160,700 $187,200+ $187,200+ 140 150 +6%
California $60,200 $92,100 $180,300 $187,200+ $187,200+ 4,800 5,500 +15%
Colorado $80,200 $96,800 $186,500 $187,200+ $187,200+ 320 410 +27%
Connecticut $67,500 $104,100 $173,600 $187,200+ $187,200+ 660 760 +16%
Delaware $58,100 $160,700 $187,200+ $187,200+ $187,200+ 100 120 +16%
District of Columbia $43,100 $52,400 $127,000 $175,300 $187,200+ 260 290 +14%
Florida $79,100 $138,500 $176,200 $187,200+ $187,200+ 500 580 +16%
Georgia $96,900 $139,700 $177,300 $187,200+ $187,200+ 520 620 +21%
Hawaii $51,500 $56,500 $128,100 $169,400 $187,200+ 200 220 +13%
Idaho $75,000 $175,500 $187,200+ $187,200+ $187,200+ 100 130 +26%
Illinois $74,800 $112,200 $151,300 $187,200+ $187,200+ 850 960 +13%
Iowa $102,300 $126,900 $172,200 $187,200+ $187,200+ 200 230 +17%
Kansas $86,400 $156,700 $187,200+ $187,200+ $187,200+ 170 210 +26%
Kentucky $106,400 $157,300 $187,200+ $187,200+ $187,200+ 230 300 +30%
Louisiana $79,200 $92,600 $187,200+ $187,200+ $187,200+ - - -
Maine $163,500 $185,300 $187,200+ $187,200+ $187,200+ 110 110 +6%
Maryland $49,300 $91,900 $164,300 $187,200+ $187,200+ 500 610 +21%
Massachusetts $83,800 $156,600 $178,300 $187,200+ $187,200+ 820 930 +14%
Michigan $82,500 $146,000 $171,000 $187,200+ $187,200+ 440 480 +9%
Minnesota $89,900 $159,500 $185,700 $187,200+ $187,200+ 330 420 +27%
Mississippi $93,200 $128,300 $156,100 $187,200+ $187,200+ 170 190 +15%
Missouri $79,500 $117,400 $163,000 $187,200+ $187,200+ 330 350 +7%
Montana $47,900 $85,100 $97,000 $181,600 $187,200+ 160 200 +20%
Nebraska $44,700 $86,500 $179,600 $187,200+ $187,200+ 170 190 +14%
Nevada $136,500 $156,600 $168,500 $180,400 $187,200+ - - -
New Hampshire $126,200 $139,900 $167,500 $187,200+ $187,200+ - - -
New Jersey $110,400 $160,400 $187,200+ $187,200+ $187,200+ 890 990 +11%
New Mexico $69,400 $128,300 $175,100 $187,200+ $187,200+ 110 130 +16%
New York $62,500 $126,600 $166,200 $187,200+ $187,200+ 3,240 3,320 +3%
North Carolina $69,500 $104,900 $137,700 $187,200+ $187,200+ 470 520 +12%
North Dakota $65,900 $123,400 $187,200+ $187,200+ $187,200+ 50 60 +11%
Ohio $98,900 $115,900 $148,800 $184,600 $187,200+ 1,110 1,280 +15%
Oklahoma $71,600 $117,500 $162,100 $187,200+ $187,200+ 310 380 +21%
Oregon $144,600 $178,100 $187,200+ $187,200+ $187,200+ - - -
Pennsylvania $70,700 $132,200 $177,900 $187,200+ $187,200+ 1,250 1,350 +8%
Rhode Island $123,700 $159,600 $186,900 $187,200+ $187,200+ 190 200 +9%
South Carolina $61,200 $108,700 $142,800 $170,500 $186,600 110 130 +17%
South Dakota - - - - - 40 40 +10%
Tennessee $107,500 $154,700 $178,500 $187,200+ $187,200+ - - -
Texas $50,100 $106,500 $180,600 $187,200+ $187,200+ 1,700 2,100 +24%
Utah $66,400 $81,500 $90,200 $142,800 $187,200+ 260 340 +30%
Vermont $49,300 $61,600 $138,700 $184,600 $187,200+ 140 150 +8%
Virginia $76,500 $116,200 $161,300 $187,200+ $187,200+ 480 560 +16%
Washington $131,900 $159,100 $175,500 $187,200+ $187,200+ 490 580 +18%
West Virginia $50,400 $55,600 $152,300 $187,200+ $187,200+ 70 80 +10%
Wisconsin $87,300 $159,300 $187,200+ $187,200+ $187,200+ 440 490 +11%
Wyoming $57,900 $176,700 $187,200+ $187,200+ $187,200+ 60 70 +34%


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