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Psychiatrist Salary (United States)

Salaries for Psychiatrists in the United States are generous, with average pay above six figures ($184K) per year. Overall cash earnings for Psychiatrists stretch from $99K on the lower end to $262K near the top, and the heftiest packages can encompass around $26K from bonuses and $138K from profit sharing. Location is the biggest factor affecting pay for this group, followed by tenure. A strong majority report receiving medical coverage from their employers and the larger part collect dental insurance. Women are just slightly outnumbered, with male Psychiatrists making up 57 percent of survey respondents. Job satisfaction for Psychiatrists is high. This report is based on answers to PayScale's salary questionnaire.
Psychiatrist Salary (?
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.
)
$96,162 - $235,273
(Median)
96K
140K
180K
200K
240K
MEDIAN: $175,519
10%
25%
50%
75%
90%
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Psychiatrist Salary (?
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.
)
$60.00 - $173.52
(Median)
60
88
120
140
170
MEDIAN: $115.00
10%
25%
50%
75%
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
$96,162 - $235,273  
   
Bonus
$0.00 - $26,158  
Profit Sharing
$223.01 - $138,086  
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).
)
$98,588 - $262,111  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 1,042
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
$60.00 - $173.52  
   
Overtime
$1.86 - $202.73  
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 - $26,158  
   
Profit Sharing
$223.01 - $138,086  
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).
)
$98,588 - $262,111  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 194
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Location:
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United States (change)

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.
Read More...
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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Survey results show that Psychiatrists typically report just a few professional skills. Psychiatry and Psychiatric are considered valuable skills and can increase employee pay. Competency in Psychiatric frequently indicates knowledge of Psychiatry.

Pay by Experience Level for Psychiatrist

Median of all compensation (including tips, bonus, and overtime) by years of experience.
For Psychiatrists, experience does not seem to be a major factor in determining pay. Salaries of relatively inexperienced workers fall in the neighborhood of $167K, but folks who have racked up five to 10 years see a notably higher median of $183K. Psychiatrists claiming one to two decades of experience make an estimated median of $196K. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $206K.

Pay Difference By Location

San Francisco
up arrow 9%
Washington
up arrow 7%
Houston
up arrow 3%
Miami
up arrow 3%
Phoenix
up arrow 2%
Seattle
up arrow 2%
National Average
$184,000
Chicago
up arrow 2%
Philadelphia
up arrow 2%
San Diego
up arrow 2%
Baltimore
up arrow 5%
Boston
up arrow 7%
Atlanta
up arrow 11%
San Antonio
up arrow 13%
Larger circles over a city indicate a job is popular in that location.
Psychiatrists will find that San Francisco offers an impressive pay rate, one which exceeds the national average by 9 percent. Psychiatrists can also look forward to large paychecks in cities like Washington (+7 percent), Miami (+3 percent), Houston (+3 percent), and Phoenix (+2 percent). The smallest paychecks in the market, 13 percent south of the national average, can be found in San Antonio. Employers in Atlanta and New York also lean toward paying below-median salaries (11 percent lower and 8 percent lower, respectively).

Related Job Salaries

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Experience Affects Psychiatrist Salaries

Experienced
up arrow 7%
National Average
$184,000

Skills That Affect Psychiatrist Salaries

Psychiatric
0%
National Average
$184,000

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 205 votes.

Gender

Female
43%
female alumni
 
Male
57%
male alumni

Years of Experience

Less than 1 year
6%
1-4 years
28%
5-9 years
21%
10-19 years
25%
20 years or more
20%

Common Health Benefits

medical benefits Medical: 79% dental benefits Dental: 60%
vision benefits Vision: 45% employee benefits None: 20%