Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, aged to 2026 using compounded market movement. State selections show BLS state-level figures where published. Actual pay varies with experience, industry, and organization size.
Prescribe, direct, or administer psychotherapeutic treatments or medications to treat mental, emotional, or behavioral disorders.
Gather and maintain patient information and records, including social or medical history obtained from patients, relatives, or other professionals.
Design individualized care plans, using a variety of treatments.
Collaborate with physicians, psychologists, social workers, psychiatric nurses, or other professionals to discuss treatment plans and progress.
Analyze and evaluate patient data or test findings to diagnose nature or extent of mental disorder.
Top skills:Active ListeningSocial PerceptivenessSpeakingCritical ThinkingWritingReading Comprehension
Includes information from O*NET OnLine by the U.S. Department of Labor, Employment and Training Administration (CC BY 4.0).
Psychiatrist pay by experience level
Entry level$87,000
Typical starting pay (about the 10th percentile)
Early career$159,500
A few years in (about the 25th percentile)
Experienced$291,500
Mid-career median pay
Senior$375,500
Seasoned professionals (about the 75th percentile)
Top earners$462,000
Highest earners (about the 90th percentile)
Experience tiers are derived from the BLS wage percentile distribution for this occupation, aged to 2026. Actual pay varies by employer, location, and specialization.
Job outlook
+6.1%
projected change in jobs, 2024–2034
900
projected openings per year
Growing about as fast as average
Source: U.S. Bureau of Labor Statistics, Employment Projections program (2024–2034). Openings include growth and replacement needs.
Psychiatrist salary by industry
Ambulatory Health Care Services
14,060 workers
$295,000
Offices of Physicians
8,680 workers
$304,500
Hospitals
8,050 workers
$254,500
Hospitals, Privately Owned
5,360 workers
$257,500
General Medical and Surgical Hospitals
4,930 workers
$230,000
Outpatient Care Centers
3,130 workers
$300,000
Federal, State, and Local Government, excluding State and Local Schools and Hospitals and USPS
2,680 workers
$309,000
Offices of Other Health Practitioners
2,050 workers
$241,000
Hospitals, State Government Owned
1,960 workers
$249,000
Educational Services
1,550 workers
$203,500
National sector-level figures, BLS OEWS May 2025, aged to 2026.
Related occupations from O*NET OnLine, U.S. Department of Labor.
Frequently asked questions
How much does a Psychiatrist make?
The average base salary for a Psychiatrist in the United States is $279,500 per year, or about $134.38 per hour.
What is the typical salary range?
Pay typically falls between $159,500 and $375,500 per year (25th to 75th percentile) depending on experience, location, industry, and organization size.
How does this compare with other Healthcare Practitioners and Technical roles?
The Healthcare Practitioners and Technical job family averages $162,000 across 91 roles tracked by WePayFairly.
Need a defensible market price for this role? WePayFairly data is compiled from published survey sources and maintained by compensation professionals.
Need Psychiatrist pay benchmarked for your organization, or defensible compensation analysis for a dispute or valuation? Grahall builds it from primary sources, backed by an expert who testifies.