Psychiatrist Salary in Colorado
Based on 270+ workers in Colorado
Median Annual Salary (CO)
$266,370
$128.06/hr
vs National Average
$257,685
+3.4% vs national median
Salary Range (10th–90th)
$134K – $353K
270 employed in Colorado
Psychiatrist salary in Colorado averages $266,370 annually, positioning the state slightly above the national average at 3% higher. With approximately 270 psychiatric professionals currently employed throughout Colorado, the field remains competitive. Salaries in the state typically range from $134,050 to $353,330, reflecting the considerable variation based on individual circumstances and career progression.
Several factors influence psychiatrist compensation across Colorado, including years of experience, specialization areas, and practice setting. Employment type—whether in private practice, hospitals, or community mental health centers—significantly impacts earning potential. Geographic location within the state, patient demographics, and additional certifications also play important roles in determining final salary packages for mental health professionals.
Salary Distribution — Psychiatrist in Colorado
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $134,050 |
| 25th percentile | $228,210 |
| Median (50th percentile) | $266,370 |
| 75th percentile | $313,920 |
| 90th percentile | $353,330 |
Top-Paying Industries for Psychiatrist (U.S.)
Which industries pay Psychiatrists the most — nationwide figures (industry-level data is not available by state). Psychiatrists in Colorado tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Government (excl. schools, hospitals & USPS) | $305,530 | 3K |
| Management of Companies and Enterprises | $300,030 | 90 |
| Health Care and Social Assistance | $286,770 | 23K |
| Administrative and Support Services | $280,010 | 70 |
| Professional, Scientific, and Technical Services | $188,090 | 240 |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Psychiatrist in Colorado vs National
| Year | Median Salary (Colorado) |
|---|---|
| 2025 | $266,370 |
| 2026 (projected) | $274,361 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Colorado Median | National Median |
|---|---|---|
| 2025 | $266,370 | $257,685 |
| 2026 (projected) | $274,361 | $265,416 |
Psychiatrist Salary by Experience Level in Colorado
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $228,210 |
| Mid-level | 3-5 yrs | $266,370 |
| Senior | 6-9 yrs | $313,920 |
| Staff / Lead | 10+ yrs | $353,330 |
Psychiatrist Salary in Other States
Related Psychiatrist Salaries in Colorado
How other high-demand occupations in Colorado compare to Psychiatrist ($266,370 median).
| Occupation | Median Salary | vs Psychiatrist | Hourly |
|---|---|---|---|
| Radiologist in CO | $344,270 | +29.2% | $165.51/hr |
| Internal Medicine Physician in CO | $299,990 | +12.6% | $144.23/hr |
| Family Medicine Physician in CO | $265,560 | -0.3% | $127.67/hr |
| Pediatrician in CO | $196,440 | -26.3% | $94.44/hr |
| Dentist in CO | $166,240 | -37.6% | $79.92/hr |
| Pharmacist in CO | $156,030 | -41.4% | $75.01/hr |
| Optometrist in CO | $152,000 | -42.9% | $73.08/hr |
| Podiatrist in CO | $142,620 | -46.5% | $68.57/hr |
| Nurse Midwife in CO | $137,610 | -48.3% | $66.16/hr |
| Medical and Health Services Manager in CO | $134,910 | -49.4% | $64.86/hr |
| Physician Assistant in CO | $134,540 | -49.5% | $64.68/hr |
| Nurse Practitioner in CO | $132,930 | -50.1% | $63.91/hr |
Frequently Asked Questions
How much do psychiatrists make in Colorado?
- The median salary for psychiatrists in Colorado is $266,370 per year, or approximately $128 per hour. This is about 3.4% higher than the national average for psychiatrists.
What is the salary range for psychiatrists in Colorado?
- Psychiatrist salaries in Colorado range from $134,050 at the low end to $353,330 at the high end, reflecting significant variation based on experience, specialization, and practice setting.
Is being a psychiatrist in Colorado better paid than the national average?
- Yes, Colorado psychiatrists earn 3.4% more than the national average, with a median salary of $266,370 compared to the broader U.S. average for the profession.
How many psychiatrists are employed in Colorado?
- There are approximately 270 psychiatrists currently employed in Colorado, representing the total workforce in this medical field within the state.