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 2016 and published in April 2017 [1].

Table 1. Psychiatrists Salary in the United States

Percentile BracketAverage Annual Salary
10th Percentile Wage
$61,330
25th Percentile Wage
$125,570
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 $125,570. The average annual salary for the bottom 10 percent is $61,330. Note that in the United States, the median (50th percentile) annual salary is almost 217% higher than that of the bottom 10 percent.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of psychiatrists from 2012 to 2016. Note that there is no salary data for some years between 2012 and 2016.

YearMedian Salary Growth4-Year Growth
2016194,7406.60%10.99%
2014181,8801.61%-
2013178,9503.14%-
2012173,330--

Table 2. Psychiatrists Salary by Industry Sector

The average salaries of psychiatrists in 6 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 health care and social assistance sector with an annual salary $193,110. The lowest paying sector is the finance and insurance sector (annual salary $105,860).

Industry Sector Median Annual Salary
Health Care and Social Assistance
$193,110
Management of Companies and Enterprises
$185,380
Federal, State, and Local Government
$183,630
Administrative and Support and Waste Management and Remediation Services
$149,160
Educational Services
$143,740
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
Washington
$201,720
New Hampshire
$198,260
Kansas
$197,600
Delaware
$196,370
North Carolina
$195,420
South Carolina
$193,940
Virginia
$192,740
Wisconsin
$190,930
Maryland
$188,490
Tennessee
$186,650
Colorado
$186,520
Minnesota
$185,750
Vermont
$185,190
Florida
$184,130
Arizona
$183,780
Oregon
$182,230
Pennsylvania
$181,950
California
$180,310
Connecticut
$180,040
Ohio
$179,370
Illinois
$178,150
Georgia
$177,350
Montana
$176,830
Iowa
$176,020
Oklahoma
$174,890
Michigan
$174,550
Massachusetts
$174,400
Puerto Rico
$169,450
New York
$166,830
Nebraska
$165,940
Alabama
$161,360
Mississippi
$156,110
Maine
$146,100
Missouri
$145,290
Hawaii
$142,590
Nevada
$139,120
Louisiana
$131,380
West Virginia
$124,680
District of Columbia
$118,420
Utah
$116,800
Idaho
$97,980
Arkansas
$71,310
New Mexico
$61,600



Related:

Highest paying states for psychiatrists

Highest paying cities for psychiatrists

Highest paying industries for psychiatrists.