SalaryData

Psychiatrist Salary in the United States

Based on 7K+ data points from BLS and H-1B filings

BLS 2024 Data

Median Annual Salary

$192,798

$92.691/hr

7.6% vs 2023

Salary Range

$62K

10th – 90th percentile

Total Employed

7K

workers nationwide

Psychiatrist salary in the United States reflects the critical demand for mental health professionals across the country. The median annual compensation stands at $192,798, with approximately 7,040 psychiatrists currently employed in the field. This substantial salary reflects the extensive education, licensing requirements, and specialized expertise needed to practice psychiatry at the professional level.

Several factors influence individual psychiatrist earnings, including geographic location, years of experience, and practice setting. Psychiatrists working in urban areas or regions with higher costs of living typically earn more than those in rural communities. Additionally, those in private practice may have different income trajectories than colleagues in hospital systems, academic institutions, or government agencies. Specialization and patient population served also play roles in determining overall compensation within this medical field.

Salary Distribution — Psychiatrist

Psychiatrist salary percentiles
PercentileAnnual Salary
10th percentile$62,230
25th percentile$180,710
Median (50th percentile)$192,798
75th percentile$224,390

Psychiatrist Salary by State

Top 10 Highest-Paying States for Psychiatrist

#StateMedian Salaryvs NationalEmployed
1Delaware$236,740+22.8%80
2Kentucky$229,630+19.1%200
3Nebraska$229,240+18.9%
4Georgia$229,190+18.9%460
5New York$228,580+18.6%4K
6Massachusetts$221,160+14.7%1K
7New Hampshire$211,370+9.6%110
8Hawaii$203,440+5.5%120
9Nevada$202,860+5.2%60
10Arkansas$195,430+1.4%90

Historical Salary Trend — Psychiatrist

Historical Psychiatrist salary trend
YearMedian Salary (United States)
2022$185,151
2023$179,113
2024$192,798

Psychiatrist Salary by Experience Level

Frequently Asked Questions

How much do psychiatrists make per hour in the United States?

Psychiatrists in the United States earn a median hourly rate of $93/hour. This translates to an annual median salary of $192,798, making it a lucrative career in the mental health field.

What is the salary range for psychiatrists in the US?

The salary range for psychiatrists in the United States starts at $62,230 per year on the lower end. While the upper end of the range is not specified, the median salary of $192,798/year demonstrates significant earning potential in this profession.

Which city pays psychiatrists the most in the United States?

Delaware is the top paying location for psychiatrists in the United States, offering a salary of $236,740 per year. This is notably higher than the national median of $192,798, representing a premium of over $43,000 annually.

How many psychiatrists are employed in the United States?

There are approximately 7,040 psychiatrists currently employed in the United States. This represents the total workforce in this specialized medical field.

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