Psychiatrist Salary

The nationwide average salary for Psychiatrists is $178K annually, but those working at Self-Employed can pull down an average $271K.

$97,903 - $241,064
(Median)
$98K
$180K
$240K
MEDIAN: $178,359
10%
50%
90%

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$51.90 - $178.51
(Median)
$52
$120
$180
MEDIAN: $117.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$90K$180K$270K
Salary
$97,903 - $241,064  
   
Bonus
$0.00 - $25,311  
Profit Sharing
$221.48 - $139,061  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$99,855 - $265,215  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 1,074
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$80$160$240
Hourly Rate
$51.90 - $178.51  
   
Overtime
$7.04 - $229.79  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$160K$320K$480K
Bonus
$0.00 - $25,311  
   
Profit Sharing
$221.48 - $139,061  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$99,855 - $265,215  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 192

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Job Description for Psychiatrist

A psychiatrist is responsible for treating, preventing and diagnosing mental illnesses and disorders of the mind. Psychiatrists are also required to implement treatments, including electroconvulsive therapy along with additional psychotherapeutic treatments and various medications. Understanding the physiology of the body is also necessary when working toward becoming a psychiatrist, especially as it is required to prescribe medications to patients as needed.

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Psychiatrist Tasks

  • Prescribe, direct and administer psychotherapeutic treatments or medications.
  • Diagnose, treat and help prevent disorders of the mind.
  • Manage caseload and documentation.
  • Review, evaluate and collaborate with other professionals to discuss treatment plans, progress and outcomes.

Psychiatrist Job Listings

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Popular Employer Salaries for Psychiatrist


Psychiatrists who responded to the survey indicated only a few skills that they use on the job. Psychiatry and Psychiatric are considered valuable skills and can increase employee pay. Many workers who know Psychiatric also know Psychiatry.

Pay by Experience Level for Psychiatrist

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Psychiatrists with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. The average worker who claims fewer than five years of experience earns around $171K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $188K. People with 10 to 20 years of experience make an average of about $197K in this role. Ultimately, more time spent in the workforce does seem to translate to bigger paychecks; seasoned veterans with more than 20 years of experience report a median income of $209K.

Pay Difference by Location


For Psychiatrists, busy San Diego offers a higher-than-average pay rate, 13 percent above the national average. Psychiatrists can also look forward to large paychecks in cities like San Francisco (+9 percent), Washington (+7 percent), Pittsburgh (+4 percent), and Phoenix (+1 percent). Atlanta is home to the smallest salaries in the field, lagging the national average by 9 percent. Not at the bottom but still paying below the median are employers in New York and Boston (8 percent lower and 7 percent lower, respectively).

Related Job Salaries

United States (change)

Experience Affects Psychiatrist Salaries




National Average
$186,000


Skills That Affect Psychiatrist Salaries

Psychiatry
up arrow 4%

Psychiatric
0%

National Average
$186,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 174 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
6%
1-4 years
29%
5-9 years
20%
10-19 years
24%
20 years or more
22%

Common Health Benefits

medical benefits Medical: 79% dental benefits Dental: 61%
vision benefits Vision: 45% employee benefits None: 20%