Psychiatrist Salary

Psychiatrists in the United States can expect to earn a very generous salary, with average salaries (in the ballpark of $191K) surpassing six figures annually. Earnings for this group are mostly affected by residence, followed by years of experience and the specific company. Most workers in this position report high levels of job satisfaction. While some workers in this profession — close to one-fifth — do not have any health coverage, a fair number do receive medical benefits and more than half have dental insurance. Male Psychiatrists are more prevalent than women among those who took the survey — 60 percent of professionals. This snapshot results from replies to PayScale's salary survey.

$93,155 - $263,129
$93K
$190K
$260K
MEDIAN: $191,481
10%
50%
90%

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$49.13 - $202.25
$49
$120
$200
MEDIAN: $119.35
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Salary
$93,155 - $263,129  
   
Bonus
$964 - $37,095  
Profit Sharing
$3,900  
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).
)
$96,011 - $299,348  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 802
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$70$140$210
Hourly Rate
$49.13 - $202.25  
   
Overtime
$24.02 - $199.33  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$140K$280K$420K
Bonus
$964 - $37,095  
   
Profit Sharing
$3,900  
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).
)
$96,011 - $299,348  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 168

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Psychiatrist

A psychiatrist meets with patients and determines if a mental disorder is present. An evaluation of the patient’s symptoms, behavior, and past medical history will be carried out. Tests may also be performed to determine any issues that are present. The psychiatrist will also help the patient to manage, ease, or heal a disorder, which may be done by administering treatments or medications.

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Psychiatrist Tasks

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

Psychiatrist Job Listings

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Popular Employer Salaries for Psychiatrist


Psychiatrists flock to Self-Employed for generous paychecks, where average earnings of $232K lead the pack in compensation.

Pay by Experience Level for Psychiatrist

Pay by Experience for a Psychiatrist has a positive trend. An entry-level Psychiatrist with less than 5 years of experience can expect to earn an average total compensation of $183,000 based on 466 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Psychiatrist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $194,000 based on 249 salaries. An experienced Psychiatrist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $211,000 based on 253 salaries. A Psychiatrist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $227,000 based on 207 salaries.

Pay Difference by Location

National Average: $197,392

Larger city markers indicate a job is popular in that location.

Surpassing the national average by 7 percent, Psychiatrists in Dallas receive some of the highest pay in the country. Psychiatrists will also find cushy salaries in Washington (+5 percent), Los Angeles (+3 percent), Portland (+3 percent), and San Francisco (+1 percent). Trailing the national average by 19 percent, Salt Lake City is the market with the smallest paychecks. Not at the bottom but still paying below the median are employers in Orlando and Nashville (18 percent lower and 15 percent lower, respectively).

Related Job Salaries

Key Stats for Psychiatrist

Gender

Female
40 %
Male
60 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 53 votes.
Less than 1 year
7%
1-4 years
32%
5-9 years
18%
10-19 years
21%
20 years or more
21%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Psychiatrist Salaries

▲15%

▲7%

National Average
$197,000

▼2%

▼8%

Skills That Affect Psychiatrist Salaries

Geriatrics
▲6%

▲3%

National Average
$197,000

▼1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 53 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
7%
1-4 years
32%
5-9 years
18%
10-19 years
21%
20 years or more
21%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 63%
vision benefits
Vision: 51%
no benefits
None: 20%