Psychiatrist Salary

Average pay for Psychiatrists in the United States is more than reasonable, with annual salaries pushing past the six-figure mark ($180K). Including potential for bonuses and profit sharing — peaking near $25K and $139K, respectively — total cash payment to Psychiatrists can bottom out near $100K or peak near $266K depending on individual performance. The most important factor affecting compensation for this group is residence, followed by the company and experience level. Job satisfaction is reported as high by the vast majority of workers. Male Psychiatrists are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 58 percent of the field. Not all workers are lucky enough to have benefits; in fact, one in five are without coverage. Medical insurance is claimed by a fair number and dental insurance is reported by the greater part.

$98,128 - $242,639
(Median)
$98K
$180K
$240K
MEDIAN: $179,890
10%
50%
90%

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$50.27 - $178.38
(Median)
$50
$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
$98,128 - $242,639  
   
Bonus
$0.00 - $25,073  
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).
)
$99,675 - $265,661  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 1,091
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$70$140$210
Hourly Rate
$50.27 - $178.38  
   
Overtime
$7.32 - $198.66  
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$140K$280K$420K
Bonus
$0.00 - $25,073  
   
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).
)
$99,675 - $265,661  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 193
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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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Psychiatrists report a narrow range of specific skills. Psychiatry and Psychiatric are considered valuable skills and can increase employee pay. It is not unusual for someone who knows Psychiatric to be familiar with Psychiatry as well.

Pay by Experience Level for Psychiatrist

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


Psychiatrists do not generally earn higher incomes from more experience in the field. New workers enjoy hefty six-figure paychecks when they take on this position — $173K per year is the median for people who claim less than five years' experience. Psychiatrists claiming one to two decades of experience make an estimated median of $198K. After two decades in the workforce, the average Psychiatrist generally earns more than ever; median pay for this group is estimated at $210K.

Pay Difference by Location


Surpassing the national average by 14 percent, Psychiatrists in San Diego receive some of the highest pay in the country. Psychiatrists will also find cushy salaries in San Francisco (+8 percent), Washington (+6 percent), Pittsburgh (+4 percent), and Seattle (+2 percent). In San Antonio, salaries are 15 percent below the national average and represent the lowest-paying market. Two other places where employers offer below-median salaries are Atlanta (9 percent less) and New York (7 percent less).

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Experience Affects Psychiatrist Salaries




National Average
$187,000


Skills That Affect Psychiatrist Salaries

Psychiatry
up arrow 4%

National Average
$187,000

Psychiatric
up arrow 1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 156 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
5%
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: 60%
vision benefits Vision: 46% employee benefits None: 20%
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