Average Psychiatrist Salary

$241,010
Avg. Base Salary (USD)
10%
$111k
MEDIAN
$241k
90%
$319k

The average salary for a Psychiatrist is $241,010 in 2024

Base Salary
$111k - $319k
Bonus
$2k - $46k
Profit Sharing
$8k - $35k
Total Pay
$117k - $357k
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How do Psychiatrists Rate Their Jobs?

3.9 out of 5
(42)
Highly Satisfied
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FAQs About Psychiatrists

What is the highest pay for Psychiatrists?

Our data indicates that the highest pay for a Psychiatrist is $319k / 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.