How Much do Psychiatrists Make?

Do psychiatrists make a lot of money? What is the average pay for psychiatrists?

According to the Bureau of Labor Statistics, psychiatrists in the United States earn an average of $220,430 a year, equivalent to $105.98 an hour. Psychiatrists make 312% more than the average American worker.

Psychiatrists in Maine are the best paid, making $273,900 a year, while psychiatrists in Louisiana make the least at $104,270.

  • Latest wage data is for May 2019
  • Pre-tax earnings; Wages only - does not include benefits
Psychiatrist Wages by Percentile
Percentile Hourly Annually
90th > $104 > $208,000
75th > $104 > $208,000
50th > $104 > $208,000
25th $71.84 $149,440
10th $35.83 $74,530
Psychiatrist Wages by State

In what states do psychiatrists make the most? In what states do psychiatrists make the least?

In the map below, green represents higher pay and red represents lower pay. Keep scrolling down to see a table with the average wages in each state.

State Hourly Annually
Alabama $80.93 $168,340
Alaska $95.04 $197,680
Arizona $130.24 $270,890
Arkansas $86.93 $180,820
California $113.91 $236,930
Colorado $116.84 $243,030
Connecticut $122.26 $254,310
Florida $98.00 $203,830
Georgia $118.51 $246,500
Idaho $102.37 $212,930
Illinois $118.31 $246,090
Indiana $127.05 $264,260
Iowa $103.27 $214,790
Kansas $123.07 $255,980
Kentucky $104.77 $217,920
Louisiana $50.13 $104,270
Maine $131.68 $273,900
Maryland $93.87 $195,260
Massachusetts $103.25 $214,760
Michigan $95.75 $199,170
Minnesota $116.92 $243,190
Mississippi $115.25 $239,720
Missouri $116.19 $241,670
Montana $76.28 $158,650
Nebraska $126.24 $262,570
Nevada $119.83 $249,250
New Hampshire $123.30 $256,460
New Jersey $118.90 $247,320
New Mexico $115.55 $240,350
New York $103.98 $216,280
North Carolina $88.04 $183,130
North Dakota $127.30 $264,770
Ohio $103.12 $214,490
Oklahoma $102.25 $212,680
Oregon $114.20 $237,540
Pennsylvania $100.27 $208,550
Rhode Island $107.47 $223,530
South Carolina $82.27 $171,110
Tennessee $101.74 $211,620
Texas $100.95 $209,980
Utah $57.90 $120,440
Vermont $97.42 $202,640
Virginia $94.30 $196,150
Washington $118.84 $247,190
West Virginia $78.16 $162,570
Wisconsin $97.23 $202,240
Metro Areas Where Psychiatrists Earn the Most
  • Data is for the entire metro area, not just the city
Metro Area Hourly Annually
Riverside, CA $135.77 $282,400
San Jose, CA $134.74 $280,270
Seattle, WA $134.71 $280,200
Bridgeport, CT $134.38 $279,510
Colorado Springs, CO $133.91 $278,520
Tucson, AZ $133.52 $277,720
Wichita Falls, TX $132.14 $274,860
Phoenix, AZ $131.53 $273,570
Utica, NY $131.13 $272,750
Trenton, NJ $130.70 $271,850
Psychiatrist Wages by Year
Year Hourly Annually
2019 $105.98 $220,430
2018 $105.95 $220,380
2017 $103.89 $216,090
2016 $96.26 $200,220
2015 $93.12 $193,680
2014 $87.84 $182,700
2013 $87.82 $182,660
2012 $85.35 $177,520
2011 $83.73 $174,170