$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?
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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 $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.