In this salary guide, you will find out how much do Psychiatrists make including their average annual salary, salary per hour, starting salary and the highest paying states. After reading this, you will be able to make a decision if working as a Psychiatrist will suit your financial goals.
$220380 per year
$106 per hour
One of the most popular questions we get from our readers here is how much do Psychiatrists make per year and their hourly wage.
Entry-level annual salary
$75590 to $149900 per year
Entry-level hourly wage
$36 to $72 per hour
Entry-level Psychiatrists with little to no experience can expect to make anywhere between $75590 to $149900 per year or $36 to $72 per hour.
Just like any other job, the salary of a Psychiatrist will increase as they become more experienced.
We wanted to make it easy for our readers to compare the salary of a Psychiatrist to all the other careers out there. So we created Salary Rank. We compare the salary of all careers then we give them a rank of A, B, C or D depending on where their average salary sits in comparison to other careers.
After comparing how much do Psychiatrists make with other careers, they have a salary rank of A.
Interested in the career of a Psychiatrist? Find the right schools that can help you to become one. This service is free thanks to our sponsors.
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 HI doesn’t guarantee that you will make more because the expenses at HI 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 HI, CT, ME, CA and NM.
apply knowledge of general preventive medicine and public health issues to promote health care to groups or individuals, and aid in the prevention or reduction of risk of disease, injury, disability, or death. May practice population-based medicine or diagnose and treat patients in the context of clinical health promotion and disease prevention.