Annual Salary, Salary Range, and Highest Paying States and Industries
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Psychiatrists
Psychiatrists diagnose, treat, and help prevent disorders of the mind.
Table of contents
- Average salary
- Starting salary
- Salary rank
- Salary range
- Highest paying states
- Highest paying industries
Average salary
Starting salary
Entry-level Psychiatrists with little to no experience can expect to make anywhere between $69,470 to $135,300 per year or $33 to $65 per hour. Similar to any other job, their salary will increase as they gain experience.
Salary rank
We wanted to make it easy for our readers to compare the salary of Psychiatrists to all the other careers out there. So we created Salary Rank. We compared the salary of all careers then we gave them a rank of A, B, C, or D depending on where their average salary sit in comparison to other careers.
Salary range
| Level | Hourly | Annual |
|---|---|---|
| Highest (Top 10%) | $100+ | $208,000+ |
| Senior (Top 25%) | $100+ | $208,000+ |
| Middle (Mid 50%) | $100+ | $208,000+ |
| Junior (Bottom 25%) | $65 | $135,300 |
| No experience (Bottom 10%) | $33 | $69,470 |
Highest paying states
| State | Hourly | Annual |
|---|---|---|
| ND | $138 | $288,060 |
| KS | $135 | $281,410 |
| MN | $134 | $278,380 |
| NM | $129 | $268,290 |
| NE | $129 | $268,200 |
| ME | $129 | $267,940 |
| WA | $127 | $263,580 |
| IN | $125 | $259,980 |
| AZ | $125 | $259,170 |
| MO | $124 | $258,270 |
Another simple way to increase your salary as a Psychiatrist is to move to a higher paying state. However moving to a higher paying state like ND doesn’t guarantee that you will make more because the expenses at ND might be much higher than where you are currently living at right now.
According to BLS, the highest paid Psychiatrists are in the states of ND, KS, MN, NM and NE.
Highest paying industries
| Salary by industry | Annual | Hourly |
|---|---|---|
| Home Health Care Services | $262120 | $126.02 |
| Local Government | $259010 | $124.52 |
| Residential Intellectual and Developmental Disability, Mental Health, and Substance Abuse Facilities | $256040 | $123.10 |
| Outpatient Care Centers | $249260 | $119.84 |
| Other Residential Care Facilities | $235550 | $113.24 |
| Psychiatric and Substance Abuse Hospitals | $232550 | $111.80 |
| Community Food and Housing, and Emergency and Other Relief Services | $227570 | $109.41 |
| Individual and Family Services | $217250 | $104.45 |
| Offices of Other Health Practitioners | $212750 | $102.28 |
| Offices of Physicians | $210390 | $101.15 |
| State Government | $209900 | $100.91 |
| Management of Companies and Enterprises | $201570 | $96.91 |
| Employment Services | $200060 | $96.18 |
| Scientific Research and Development Services | $199730 | $96.03 |
| Vocational Rehabilitation Services | $198530 | $95.45 |
| General Medical and Surgical Hospitals | $193670 | $93.11 |
| Elementary and Secondary Schools | $175660 | $84.45 |
| Colleges, Universities, and Professional Schools | $164940 | $79.30 |
| Specialty Hospitals | $158960 | $76.43 |
Explore Other Careers
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