Psychiatrist Salary in New York
Based on 4K+ workers in New York
Median Annual Salary (NY)
$265,890
$127.83/hr
vs National Average
$257,685
+3.2% vs national median
Salary Range (10th–90th)
$86K – $443K
4K employed in New York
The Psychiatrist salary in New York is a significant figure, with a median annual income of $265,890. This represents a position that is compensated 3% above the national average, reflecting the demand for these specialized medical professionals within the state, where approximately 4,130 are employed.
Several factors influence the Psychiatrist salary in New York, contributing to the broad salary range of $86,120 to $443,340. These include years of experience, specific subspecialties within psychiatry, the type of healthcare setting (e.g., private practice, hospital, academic institution), and geographic location within New York State itself.
Salary Distribution — Psychiatrist in New York
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $86,120 |
| 25th percentile | $101,460 |
| Median (50th percentile) | $265,890 |
| 75th percentile | $333,870 |
| 90th percentile | $443,340 |
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 New York 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 New York vs National
| Year | Median Salary (New York) |
|---|---|
| 2022 | $209,190 |
| 2023 | $230,870 |
| 2024 | $228,580 |
| 2025 | $265,890 |
| 2026 (projected) | $281,843 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | New York Median | National Median |
|---|---|---|
| 2022 | $209,190 | $185,151 |
| 2023 | $230,870 | $179,113 |
| 2024 | $228,580 | $192,798 |
| 2025 | $265,890 | $257,685 |
| 2026 (projected) | $281,843 | $273,146 |
Psychiatrist Salary by Experience Level in New York
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $101,460 |
| Mid-level | 3-5 yrs | $265,890 |
| Senior | 6-9 yrs | $333,870 |
| Staff / Lead | 10+ yrs | $443,340 |
Psychiatrist Salary in Other States
Related Psychiatrist Salaries in New York
How other high-demand occupations in New York compare to Psychiatrist ($265,890 median).
| Occupation | Median Salary | vs Psychiatrist | Hourly |
|---|---|---|---|
| Cardiologist in NY | $492,040 | +85.1% | $236.56/hr |
| Anesthesiologist in NY | $445,660 | +67.6% | $214.26/hr |
| Radiologist in NY | $441,580 | +66.1% | $212.30/hr |
| Surgeon in NY | $410,410 | +54.4% | $197.31/hr |
| Obstetrician and Gynecologist in NY | $348,800 | +31.2% | $167.69/hr |
| Nurse Anesthetist in NY | $321,030 | +20.7% | $154.34/hr |
| Emergency Medicine Physician in NY | $301,690 | +13.5% | $145.04/hr |
| Pediatrician in NY | $212,150 | -20.2% | $102.00/hr |
| Family Medicine Physician in NY | $210,920 | -20.7% | $101.40/hr |
| Internal Medicine Physician in NY | $183,460 | -31.0% | $88.20/hr |
| Dentist in NY | $183,060 | -31.2% | $88.01/hr |
| Medical and Health Services Manager in NY | $164,120 | -38.3% | $78.90/hr |
Frequently Asked Questions
How much does a psychiatrist make in New York?
- The median annual salary for psychiatrists in New York is $265,890, which equates to about $128 per hour. This figure is 3.2% higher than the national average salary for this profession.
What is the salary range for psychiatrists in New York?
- In New York, psychiatrist salaries typically range from $86,120 to $443,340 annually. This broad range reflects differences in experience, location, and type of practice.
How many psychiatrists are employed in New York?
- There are approximately 4,130 psychiatrists employed in New York. This indicates a significant presence of mental health professionals in the state.
Is the average psychiatrist salary in New York higher than the national average?
- Yes, psychiatrists in New York earn an average salary that is 3.2% higher than the national average. This means the median salary of $265,890 per year in New York is notably above the national benchmark.