Contents
Psychiatrist Salary
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% |