How Much Does a Psychiatrist Make? Salary by State
Median annual salary (U.S.)
$281,870
Psychiatrists in the U.S. earn a median of $281,870 a year, or $135.51 an hour. Half of psychiatrists earn more than $281,870 and half earn less. The top 10% make more than $446,520.
Pay percentiles for psychiatrists
| Percentile | Hourly | Annual |
|---|---|---|
| 10th | $40.41 | $84,060 |
| 25th | $74.11 | $154,150 |
| 50th (median) | $135.51 | $281,870 |
| 75th | $174.39 | $362,740 |
| 90th | $214.67 | $446,520 |
U.S. wages, May 2025. BLS occupation: Psychiatrists (SOC 29-1223). Source: BLS Occupational Employment and Wage Statistics (OEWS)
Highest-paying states for psychiatrists
| State | Median annual | Median hourly | vs. U.S. |
|---|---|---|---|
| California | $353,500 | $169.95 | +25% |
| Louisiana | $345,040 | $165.88 | +22% |
| Alaska | $342,170 | $164.51 | +21% |
| Minnesota | $336,410 | $161.74 | +19% |
| Wisconsin | $331,070 | $159.17 | +17% |
| Connecticut | $326,670 | $157.05 | +16% |
| Florida | $316,200 | $152.02 | +12% |
| Oregon | $314,880 | $151.39 | +12% |
| Missouri | $312,680 | $150.33 | +11% |
| Maryland | $305,320 | $146.79 | +8% |
| United States | $281,870 | $135.51 | — |
Top 10 states by median annual wage, May 2025. Source: BLS Occupational Employment and Wage Statistics (OEWS)
How many psychiatrists are there?
BLS counts about 27,980 psychiatrists employed in the U.S. (May 2025, excluding the self-employed). The most jobs are in California (5,420), New York (4,130) and Florida (1,930).
The mean (average) annual wage is $269,940, lower than the median of $281,870.
Hourly to annual pay calculator
Per year
- Monthly
- $23,489
- Biweekly
- $10,841
- Weekly
- $5,421
- Daily (8 hours)
- $1,084
- Hours per year
- 2,080
BLS annual figure; hourly × 2,080 may differ slightly.
Frequently asked questions
How much do psychiatrists make an hour?
The median hourly wage for psychiatrists is $135.51. The middle 50% earn between $74.11 and $174.39 an hour.
Which state pays psychiatrists the most?
California has the highest median wage for psychiatrists at $353,500, +25% vs. the U.S. median.
What is the starting salary for psychiatrists?
BLS does not report pay by experience, but the lowest-paid 10% of psychiatrists earn less than $84,060 a year, a common proxy for entry-level pay.