Psychiatrists make an average of $247,350 annually in the U.S., according to the most recent Bureau of Labor Statistics occupational employment statistics survey.
By comparison, general medicine physicians make an average of $242,190 and nurses make an average of $77,600. Last year, psychiatrist pay averaged $249,760.
Psychiatrists are paid the most in North Dakota, earning $390,140 each year. They earn the least in Hawaii, earning an average of $131,480 per year.
Here are the 10 highest-paying states for psychiatry specialists (Note: Compensation data was not available for five states):
|
State |
Hourly mean wage |
Annual mean wage |
|
|
1 |
North Dakota |
$187.57 |
$390,140 |
|
2 |
California |
$149.97 |
$311,950 |
|
3 |
Connecticut |
$148.21 |
$308,690 |
|
4 |
Missouri |
$146.21 |
$304,110 |
|
5 |
Pennsylvania |
$140.98 |
$293,230 |
|
6 |
Minnesota |
$138.62 |
$288,320 |
|
7 |
Indiana |
$133.46 |
$277,600 |
|
8 |
Michigan |
$132.71 |
$276,030 |
|
9 |
New Jersey |
$132.34 |
$275,260 |
|
10 |
Montana |
$131.69 |
$273,900 |