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Psychiatrist Salary

Average pay for Psychiatrists in the United States is more than reasonable, with annual salaries pushing past the six-figure mark ($179K). Total cash compensation to Psychiatrists approaches anywhere from $100K on the lower end to $265K on the higher end; in exceptional cases, this can include more than $25K from bonuses and upwards of $139K from profit sharing. While the company and tenure impact pay for this group, location is the most influential factor. The majority of workers are highly satisfied with their job. Medical benefits are awarded to a fair number, and the larger part earn dental coverage. Women are just slightly outnumbered, with male Psychiatrists making up 57 percent of survey respondents. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$98,077 - $241,399
(Median)
$98K
$180K
$240K
MEDIAN: $179,194
10%
50%
90%

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$50.47 - $178.00
(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
$98,077 - $241,399  
   
Bonus
$0.00 - $25,146  
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).
)
$99,673 - $264,991  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 1,085
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
$50.47 - $178.00  
   
Overtime
$7.25 - $200.00  
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 - $25,146  
   
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).
)
$99,673 - $264,991  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 196
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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. Those with knowledge of Psychiatric tend to be skilled in Psychiatry as well.

Pay by Experience Level for Psychiatrist

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


More years of relevant experience do not necessarily translate to higher paychecks. The average beginner in this position makes around $173K, but folks who have been around for five to 10 years see a markedly higher median salary of $189K. After working for 10 to 20 years, Psychiatrists make a median salary of $197K. As Psychiatrists reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $209K.

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 (+7 percent), Pittsburgh (+4 percent), and Seattle (+2 percent). With compensation 11 percent below the national average, Atlanta is not known for hefty paychecks and actually represents the lowest-paying market. Employers pay around 9 percent less in San Antonio and 7 percent less in Boston, below-median salaries for those in this field.

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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 160 votes.

Gender

Female
43 %
Male
57 %

Years of Experience

Less than 1 year
5%
1-4 years
29%
5-9 years
21%
10-19 years
24%
20 years or more
22%

Common Health Benefits

medical benefits Medical: 79% dental benefits Dental: 61%
vision benefits Vision: 46% employee benefits None: 20%
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