As of September 01, 2026, the average salary for a Consultant Psychiatrist in the United States is $294,606 per year, which breaks down to an hourly rate of $142.
However, a Consultant Psychiatrist's salary can vary significantly. Here’s a look at the typical salary range:
Consultant Psychiatrist Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $325,671 | $27,139 | $6,263 | $157 |
| Average | $294,606 | $24,551 | $5,666 | $142 |
| 25th Percentile | $276,362 | $23,030 | $5,315 | $133 |
A Consultant Psychiatrist's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Consultant Psychiatrist's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Consultant Psychiatrist | $285,258 |
| Intermediate Level Consultant Psychiatrist | $286,566 |
| Senior Level Consultant Psychiatrist | $287,874 |
| Specialist Level Consultant Psychiatrist | $289,705 |
| Expert Level Consultant Psychiatrist | $294,606 |
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Scheduling | 5.26% |
| Case Management | 3.48% |
| CPR | 2.24% |
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Consultant Psychiatrist's salary.
| Skill | Salary | Salary % Increase |
|---|---|---|
| Healthcare Services | $318,174 | |
| Medication Management | $315,228 | |
| Collaboration | $309,336 |
Your level of education can impact your salary potential. While many Consultant Psychiatrists enter the field with a JD, MD, PhD or Equivalent degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Consultant Psychiatrist with a JD, MD, PhD or Equivalent is between $250,405 and $266,352).
| Typical Education for Consultant Psychiatrist | |
|---|---|
| Degree Level | % of user with this level of education |
| No Diploma | 0.5% |
| High School | 2.3% |
| Associates | 1.6% |
| Bachelors | 4.2% |
| Masters | 5.7% |
| Doctorate | 85.6% |
Understanding how a Consultant Psychiatrist's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $325,671 | $27,139 | $6,263 | $157 |
| Average | $294,606 | $24,551 | $5,666 | $142 |
| 25th Percentile | $276,362 | $23,030 | $5,315 | $133 |
Salaries for a Consultant Psychiatrist can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $229,627 in 2023 to around $224,476 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Consultant Psychiatrist salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 | View More |
| 2023 | $229,627 |
| 2024 | $235,081 |
| 2025 | $224,476 |
| 2026 |
View More
|
| 2027 |
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The Edu., Gov't. & Nonprofit industry offers the highest average compensation for Consultant Psychiatrist roles, with salaries approximately 10% above the market median.
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