The average annual salary of psychiatrists in the U.S. is $256,930. However, that figure can vary by up to $206,110 depending on the state one practices in, according to data from the most recent Bureau of Labor Statistics employment survey.
Psychiatrists in Connecticut earn an average of $338,620, making it the highest-paying state for the profession. Meanwhile, in West Virginia, the lowest-paying state, they earn an average of $132,510.
Below is a breakdown of the average yearly pay of psychiatrists in each state.
Alabama: $186,460
Alaska: $166,190
Arizona: $255,720
Arkansas: $211,530
California: $288,270
Colorado: Estimate not released.
Connecticut: $338,620
Delaware: $217,050
District of Columbia: $156,300
Florida: Estimate not released.
Georgia: $249,600
Hawaii: $153,630
Illinois: $225,240
Indiana: $295,510
Iowa: $229,640
Kansas: $249,670
Kentucky: $220,150
Louisiana: $318,770
Maine: $276,570
Maryland: $270,520
Massachusetts: $178,640
Michigan: $246,710
Minnesota: $304,040
Mississippi: $205,020
Missouri: $299,560
Nevada: $231,780
New Hampshire: $210,920
New Jersey: $265,270
New Mexico: ≥$239,200
New York: $225,650
North Carolina: $183,000
Ohio: $206,050
Oklahoma: $238,990
Oregon : $287,370
Pennsylvania: $276,080
Rhode Island: $249,770
South Carolina: $178,060
South Dakota: $272,350
Tennessee: $205,000
Texas: $205,270
Utah: $295,870
Vermont: $228,390
Virginia: $249,480
Washington: $232,550
West Virginia: $132,510
Wisconsin: $252,100