Psychiatrists Salary Information

The salary statistics of psychiatrists are shown in Table 1. In the next few tables we compare the average salaries of psychiatrists within different industry sectors and in the 50 states of the United States. The psychiatrists annual salary statistics are from the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1. Psychiatrists Salary in the United States

Percentile BracketAverage Annual Salary
10th Percentile Wage
$71,560
25th Percentile Wage
$143,450
50th Percentile Wage
$194,740
75th Percentile Wage
No Data
90th Percentile Wage
No Data

Table 1 shows the average annual salary for psychiatrists. The median annual salary (50th percentile) is $194,740. The average annual salary of the 25th percentile is $143,450. The average annual salary for the bottom 10 percent is $71,560. Notice that in the United States, the median (50th percentile) annual salary is almost 172% higher than that of the bottom 10 percent.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of psychiatrists from 2012 to 2017. Note that there is no salary data for some years between 2012 and 2017.

YearMedian Salary Growth4-Year Growth
2016
$194,740
6.60% 10.99%
2014
$181,880
1.61% -
2013
$178,950
3.14% -
2012
$173,330
- -

Table 2. Psychiatrists Salary by Industry Sector

The average salaries of psychiatrists in 7 major industry sectors are shown in Table 2. We note that the salaries vary considerably within different industry sectors. The highest paying industry sector for psychiatrists occupations is the management of companies and enterprises sector with an annual salary $203,690. The lowest paying sector is the finance and insurance sector (annual salary $105,860).

Industry Sector Median Annual Salary
Management of Companies and Enterprises
$203,690
Administrative and Support and Waste Management and Remediation Services
$199,040
Professional, Scientific, and Technical Services
$196,400
Health Care and Social Assistance
$193,110
Federal, State, and Local Government
$183,630
Educational Services
$146,430
Finance and Insurance
$105,860

Table 3. Median Annual Wage of Psychiatrists by States

From the above tables we note that not only psychiatrists salaries vary considerably based on one's education and experience, and the industry sectors, they also change considerably from state to state. In the following table we compare the median salary of psychiatrists in all 50 states of the United States. We note that the median annual salaries range from $61,600 to $205,800. The highest paying state for psychiatrists is Rhode Island with a median annual salary of $205,800. The lowest paying state is New Mexico with a median annual salary of $61,600. For more salary information of psychiatrists profession in a specific state, use the links in the table.

State Name Median Annual Salary
Rhode Island
$205,800
Texas
$205,330
Kentucky
$204,120
New Hampshire
$203,910
Washington
$201,720
North Carolina
$198,880
Pennsylvania
$198,460
Kansas
$197,600
Florida
$197,140
Maryland
$195,860
South Carolina
$193,940
Tennessee
$193,730
Iowa
$193,160
Virginia
$192,740
Louisiana
$190,220
Oklahoma
$188,120
Maine
$187,880
Delaware
$187,790
New York
$187,000
Colorado
$186,520
Ohio
$185,800
Minnesota
$185,750
Montana
$184,900
Michigan
$183,920
Arizona
$183,780
District of Columbia
$183,160
Wisconsin
$182,320
Oregon
$182,230
Massachusetts
$181,890
California
$180,310
Connecticut
$180,040
Vermont
$178,670
Illinois
$178,150
Georgia
$177,350
Nevada
$172,560
Puerto Rico
$169,450
Nebraska
$165,940
West Virginia
$163,240
Alabama
$156,450
Mississippi
$156,110
Missouri
$145,290
Idaho
$117,440
Arkansas
$102,100
Utah
$94,730
Hawaii
$65,360
New Mexico
$61,600



Related:

💰 Highest paying states for psychiatrists

💰 Highest paying cities for psychiatrists

💰 Highest paying industries for psychiatrists.