Using data from the Bureau of Labor Statistics, here is a snapshot of the average annual salary of psychiatrists in the U.S. based on practice setting. The data is from May 2021, the most recent made available by the bureau.
Setting |
Average salary |
Outpatient centers |
$299,470 |
Physician’s offices |
$280,600 |
Psychiatric and substance abuse hospitals |
$247,150 |
Government-affiliated facilities |
$221,720 |
General hospitals |
$199,070 |