Psychiatrists in the lowest 10 percent of earners at the lowest-paying practice setting make a minimum of $47,610 annually, while those at higher-paying settings make a minimum of $138,160.
Here is an overview of the average pay range of psychiatrists in multiple medical settings by percentile:
Practice setting |
Average salary among 10th percentile |
Average salary among 25th percentile |
Median annual salary |
Average salary among 75th percentile |
Average salary among 90th percentile |
Physicians’ offices |
$60,960 |
$166,600 |
$215,590 |
≥$239,200 |
≥$239,200 |
Outpatient care centers |
$138,160 |
$211,160 |
≥$239,200 |
≥$239,200 |
≥$239,200 |
General hospitals |
$65,890 |
$78,790 |
$223,460 |
≥$239,200 |
≥$239,200 |
Psychiatric and substance use hospitals |
$100,130 |
$178,010 |
$233,380 |
≥$239,200 |
≥$239,200 |
Residential mental health and substance use facilities |
$47,610 |
$72,140 |
$226,880 |
≥$239,200 |
≥$239,200 |