How Much Does A Psychiatrist Make?

A psychiatrist helps people who are having problems in their life by diagnosing what problems are caused by their minds. The hourly and salary wages for a licensed psychiatrist are above average.

Psychiatrist Salary

Average Psychiatrist Annual Salary

$200,220

The average annual salary for psychiatrists is $200,220 a year. Salaries start at $61,330 a year and go up to $208,000 a year.

Average Psychiatrist Hourly Wage

$96.26

The average hourly wage for a psychiatrist is $96.26. Hourly wages were between $29.48 and $100 an hour.

Stats were based out of 24,820 employed psychiatrists in the United States.

Does Your Pay Depend On Your Experience?

Executive Psychiatrist

greater than $208,000/year greater than $100.00/hour

(Top 10% of Psychiatrists)


Mid Level Psychiatrist

$194,740/year $93.63/hour

(Median)


Junior Psychiatrist

$125,570/year $60.37/hour

(Bottom 25% of Psychiatrists)


Entry Level Psychiatrist

$61,330/year $29.48/hour

(Bottom 10% of Psychiatrists)


Psychiatrist Average Salary Comparison

Anesthesiologists
$269k / year
$129 / hour
Surgeons
$252k / year
$121 / hour
Obstetricians and Gynecologists
$234k / year
$112 / hour
Oral and Maxillofacial Surgeons
$232k / year
$111 / hour
Orthodontists
$228k / year
$109 / hour
Physicians and Surgeons, All Other
$205k / year
$98 / hour
Internists, General
$201k / year
$97 / hour
Psychiatrists
$200k / year
$96 / hour
Family and General Practitioners
$200k / year
$96 / hour
Pediatricians, General
$184k / year
$88 / hour

Top 10 Highest Paying States For Psychiatrists

Top 10 Highest Paying Cities For Psychiatrists

Psychiatrist Salary By State

Rank State Hourly Rate Annual Salary
#1 South Dakota $128.62 $267,520
#2 California $121.17 $252,030
#3 Wyoming $120.70 $251,070
#4 Alaska $119.50 $248,550
#5 Indiana $113.20 $235,470
#6 Minnesota $111.83 $232,600
#7 Colorado $111.79 $232,520
#8 Connecticut $111.18 $231,260
#9 New Jersey $108.63 $225,950
#10 Georgia $108.60 $225,880
#11 Mississippi $107.53 $223,670
#12 Iowa $107.32 $223,210
#13 Missouri $103.70 $215,690
#14 Washington $102.60 $213,410
#15 Rhode Island $101.32 $210,760
#16 South Carolina $100.88 $209,830
#17 North Carolina $100.42 $208,870
#18 North Dakota $100.15 $208,320
#19 Kentucky $100.11 $208,220
#20 Texas $100.11 $208,220
#21 Nebraska $99.83 $207,640
#22 New Hampshire $99.76 $207,500
#23 Oregon $99.46 $206,880
#24 Vermont $95.93 $199,540
#25 Kansas $95.20 $198,020
#26 Virginia $92.87 $193,180
#27 Delaware $92.61 $192,630
#28 Tennessee $92.10 $191,570
#29 Alabama $92.02 $191,400
#30 Wisconsin $91.06 $189,400
#31 Ohio $89.75 $186,680
#32 Maryland $88.89 $184,890
#33 Pennsylvania $88.20 $183,450
#34 Michigan $88.10 $183,250
#35 New York $87.90 $182,830
#36 Arizona $87.56 $182,120
#37 Florida $87.06 $181,080
#38 Massachusetts $87.00 $180,960
#39 Montana $85.28 $177,380
#40 Illinois $82.96 $172,560
#41 Nevada $82.42 $171,430
#42 Oklahoma $81.75 $170,040
#43 Hawaii $74.06 $154,040
#44 West Virginia $67.94 $141,310
#45 Maine $66.14 $137,570
#46 Louisiana $65.21 $135,640
#47 District of Columbia $61.76 $128,460
#48 Idaho $54.28 $112,910
#49 Arkansas $53.31 $110,880

Data provided by the Bureau of Labor Statistics (BLS).

Career Spotlight: Psychiatrist

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