Where do psychiatrists earn the most?

Although the mean annual wage among all psychiatrists in the U.S. is $247,350, that can vary based on factors including experience and practice setting, according to the most recent Bureau of Labor Statistics occupational employment statistics survey.

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Here is an overview of the average pay range of psychiatrists in multiple medical settings:

Practice setting

 Annual mean wage 

 Mean hourly wage 

Offices of physicians

$273,440

$131.46

Outpatient care centers

$276,570

$132.97

General hospitals

$223,540

$107.47

 Psychiatric and substance abuse hospitals 

$253,000

$121.63

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