▼16%
$238,456
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$111k
MEDIAN
$238k
90%
$318k
The average salary for a Psychiatrist is $238,456 in 2023
Base Salary
$111k - $318k
Bonus
$2k - $49k
Profit Sharing
$8k - $35k
Total Pay
$116k - $356k
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What is the Pay by Experience Level for Psychiatrists?
What Do Psychiatrists Do?
Find your market worth – how it works:
How do Psychiatrists Rate Their Jobs?
We currently don't have any reviews for this job. Are you a Psychiatrist? Take our survey to help us meet this goal.
Common Health Benefits for a Psychiatrist
Medical
80%
Dental
72%
Vision
63%
None
20%
Gender Breakdown for Psychiatrists
Male
54.5%
Female
42.3%
Prefer to self-define
3.2%
This data is based on 156 survey responses. Learn more about the gender pay gap.
FAQs About Psychiatrists
What is the highest pay for Psychiatrists?
Our data indicates that the highest pay for a Psychiatrist is $318k / year
What is the lowest pay for Psychiatrists?
Our data indicates that the lowest pay for a Psychiatrist is $111k / year
How can Psychiatrists increase their salary?
Increasing your pay as a Psychiatrist is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Psychiatrist that oversees more junior Psychiatrists, this experience can increase the likelihood to earn more.